Reuters to Cut 5% of Newsroom Jobs - WSJ.com
"Thomson Reuters employs approximately 2,800 journalists globally, so the cuts translate to about 140 people. The cuts will begin in the next month, the people said."
BofA Says Bonds to Beat Stocks in Debt Gridlock - Bloomberg
"Strategists from Bank of America Corp. (BAC) to Wells Fargo & Co. (WFC) predict dollar-denominated corporate bonds will outperform stocks this month if political gridlock persists with the government partially shut down thi...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.