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  • Microsoft CEO pivots sharply with 18,000 job cut Thursday, 17 Jul 2014 | 8:30 AM ET

    LOS ANGELES— Microsoft announced the biggest layoffs in its 39- year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to make its own devices.

  • *Russia assets fall as U.S., EU impose more sanctions. LONDON, July 17- A tightening of Western sanctions on Russia rattled world markets on Thursday, sending Moscow stocks and the rouble tumbling and lifting traditional safe-haven currencies and bonds.

  • US STOCKS-Futures dip after new Russia sanctions Thursday, 17 Jul 2014 | 7:38 AM ET

    *Morgan Stanley climbs in premarket after earnings. NEW YORK, July 17- U.S. stock index futures were lower on Thursday, in the wake of new U.S. and European Union sanctions on Russia and ahead of data on the labor and housing markets.

  • Google earnings: What investors will be watching Thursday, 17 Jul 2014 | 7:07 AM ET
    Google co-founder and CEO Larry Page

    Investors will be looking to see how strong Google's paid search business was in the second quarter to gauge its mobile strength.

  • *Russia assets fall as U.S., EU impose more sanctions. LONDON, July 17- A tightening of Western sanctions on Russia rattled world markets on Thursday, sending Moscow stocks and the rouble tumbling and lifting traditional safe-haven currencies and bonds.

  • Markets roiled by fresh US sanctions on Russia Thursday, 17 Jul 2014 | 4:03 AM ET

    The strong performance of Wall Street indexes is at odds with the modest growth prospects of the U.S. economy and the same contradiction also prevails in Europe and parts of Asia. In early European trading, Britain's FTSE 100 was down 0.4 percent to 6,759.68 and France's CAC 40 dipped 0.5 percent to 4,349.28.

  • Murdoch tells G20 govts to take a back seat for growth Thursday, 17 Jul 2014 | 2:15 AM ET

    SYDNEY, July 17- Media mogul Rupert Murdoch on Thursday criticised excessive financial regulation as stymieing free markets and urged Group of 20 governments to "take a back seat" to allow businesses to drive economic growth.

  • SEATTLE, July 17- Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloud-computing and mobile-friendly software company.

  • Red flags: Alibaba's Ma and his equity firm Wednesday, 16 Jul 2014 | 7:41 PM ET
    Jack Ma, Chairman of Alibaba Group Holding.

    When a private equity firm co-founded by Alibaba's Jack Ma sought funding, investors had one concern: was the firm independent from Ma?

  • SAN FRANCISCO, July 16- EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition from Amazon.com Inc and a well-publicized cyber attack.

  • Fewer gas leaks found in cities with new pipes Wednesday, 16 Jul 2014 | 5:18 PM ET

    WASHINGTON— Cities such as Indianapolis that regularly replace old natural gas lines have significantly fewer leaks than older urban areas where they don't, like Boston and New York City's Staten Island, according to a new study by Google and an environmental group. Boston and Staten Island averaged one leak per each mile mapped.

  • SAN FRANCISCO, July 16- EBay Inc posted a 13 percent rise in quarterly revenue, as better-than-expected results from its fast-growing PayPal division helped to overcome increasing competition from Amazon.com Inc and a well-publicized cyber-attack that exposed customers' data.

  • SEATTLE, July 16- Microsoft Corp on Wednesday started taking requests from individuals in Europe who want to be removed from its Bing search engine results following a court judgment in May guaranteeing the "right to be forgotten."

  • Strong PayPal growth boosts eBay's 2Q profit Wednesday, 16 Jul 2014 | 4:46 PM ET

    NEW YORK— EBay said Wednesday that its second-quarter net income rose 6 percent, as strong growth from its PayPal payments business offset lower-than-expected revenue that was hampered by a global password reset after a cyberattack.

  • How Time Warner may wind up in Murdoch's clutches Wednesday, 16 Jul 2014 | 3:24 PM ET
    Rupert Murdoch attends the Time 100 Gala at Lincoln Center in New York.

    Time Warner has rejected an approach from Rupert Murdoch's 21st Century Fox. Here's why it will be hard to escape.

  • Google's Street View takes on America's gas leaks Wednesday, 16 Jul 2014 | 2:34 PM ET

    NEW YORK, July 16- Google Inc's Street View cars have captured the world's roads, highways and back alleys for years. Google cars fit with air monitors have taken millions of readings along the streets of Boston, New York and Indianapolis over the past two years as part of a program run by the non-profit Environmental Defense Fund to help reduce methane emissions.

  • The Apple-IBM tie up, beginning this fall, is set to target the customer base that BlackBerry needs to woo as part of a turnaround under new Chief Executive Officer John Chen. "It is not a crushing blow at this early stage, but it is a negative for BlackBerry," said IDC analyst John Jackson.

  • Business events scheduled for Thursday Wednesday, 16 Jul 2014 | 1:58 PM ET

    WASHINGTON— Commerce Department releases housing starts for June, 8:30 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..

  • $1.5M bail set for hooker in Google exec's death Wednesday, 16 Jul 2014 | 1:54 PM ET
    Alix Catherine Tichleman, 26, is accused in yacht overdose death.

    Alix Tichelman pleaded not guilty in the death of Google executive Forrest Timothy Hayes.

  • Google likely a trillion dollar company: Tech pro Wednesday, 16 Jul 2014 | 12:42 PM ET
    Jim Breyer and Shana Fisher (right) talk with Kara Swisher

    Google has the potential to hit a trillion-dollar market cap in the next 10 years, according to one technology investing leader.