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  • Microsoft to Slash 18,000 Workers Over Next Year

    Microsoft to Slash 18,000 Workers Over Next Year

    Thursday, July 17 2014 3:43 PM EDT2014-07-17 19:43:07 GMT
    Microsoft announced massive layoffs on Thursday, saying it will cut 18,000 jobs in one of the largest job cuts in the company's 39-year history. The layoffs equal about 14 percent of the company's workforce, as it cuts the size of its recent Nokia acquisition and trims other operations. In a letter to his employees, Microsoft CEO Satya Nadella announced that the company would be cutting 18,000 jobs in the next year. "We are moving now to start reducing the first 13,000 positions...More >>
    Microsoft announced massive layoffs on Thursday, saying it will cut 18,000 jobs in one of the largest job cuts in the company's 39-year history. The layoffs equal about 14 percent of the company's workforce, as it cuts the size of its recent Nokia acquisition and trims other operations. In a letter to his employees, Microsoft CEO Satya Nadella announced that the company would be cutting 18,000 jobs in the next year. "We are moving now to start reducing the first 13,000 positions...More >>
  • BMW Recalls 1.6 Million Cars on Airbag Concerns

    BMW Recalls 1.6 Million Cars on Airbag Concerns

    Wednesday, July 16 2014 3:23 PM EDT2014-07-16 19:23:50 GMT
    Last month the U.S. National Highway Traffic Safety Administration said seven automakers -- BMW, Honda, Nissan, Toyota, Mazda, Chrysler and Ford -- would be recalling vehicles to fix a possible safety defect in air bag inflators built by the Japanese firm, Takata.Thousands of GM vehicles have also been recalled over similar Takata-built airbag problems.The recall affects BMW cars manufactured between mid-1999 and mid-2006. The company said roughly 574,000 cars could be recalled in th...More >>
    Last month the U.S. National Highway Traffic Safety Administration said seven automakers -- BMW, Honda, Nissan, Toyota, Mazda, Chrysler and Ford -- would be recalling vehicles to fix a possible safety defect in air bag inflators built by the Japanese firm, Takata.Thousands of GM vehicles have also been recalled over similar Takata-built airbag problems.The recall affects BMW cars manufactured between mid-1999 and mid-2006. The company said roughly 574,000 cars could be recalled in th...More >>
  • Chrysler Recalls 895,000 SUVs For Fire Risk

    Chrysler Recalls 895,000 SUVs For Fire Risk

    Friday, July 11 2014 2:16 PM EDT2014-07-11 18:16:05 GMT
    (CNN) -- The company said that the recalled vehicles had previously had their vanity mirrors repaired, but that the wiring may not have been correctly reassembled by the dealer, posing a fire risk.Chrysler said there were three injuries tied to the problem, all in vehicles which had been serviced.The vehicles involved are the 2011-2014 Jeep Grand Cherokee and Dodge Durangos. Only vehicles which were previously serviced are included in the recall.Some of these vehicles were included in a previ...More >>
    (CNN) -- The company said that the recalled vehicles had previously had their vanity mirrors repaired, but that the wiring may not have been correctly reassembled by the dealer, posing a fire risk.Chrysler said there were three injuries tied to the problem, all in vehicles which had been serviced.The vehicles involved are the 2011-2014 Jeep Grand Cherokee and Dodge Durangos. Only vehicles which were previously serviced are included in the recall.Some of these vehicles were included in a previ...More >>
  • Ford Recalls 100,000 Vehicles

    Ford Recalls 100,000 Vehicles

    Wednesday, July 9 2014 10:43 AM EDT2014-07-09 14:43:25 GMT
    The biggest recall was for 92,000 cars that have an axle problem that can either prevent the car from starting or essentially shift the car into neutral when it's on the road. Stopped cars can also roll if the parking brake isn't engaged.Affected models include the Taurus, the Interceptor, the Flex and the Edge from model years from 2012 to 2014.In addition, 200 2014 Ford Fiestas were recalled for a potential gas tank leaks that could cause a fire.The auto industry has recalled a rec...More >>
    The biggest recall was for 92,000 cars that have an axle problem that can either prevent the car from starting or essentially shift the car into neutral when it's on the road. Stopped cars can also roll if the parking brake isn't engaged.Affected models include the Taurus, the Interceptor, the Flex and the Edge from model years from 2012 to 2014.In addition, 200 2014 Ford Fiestas were recalled for a potential gas tank leaks that could cause a fire.The auto industry has recalled a rec...More >>
  • Graco Agrees to Recall Infant Seats in Biggest U.S. Seat Recall

    Graco Agrees to Recall Infant Seats in Biggest U.S. Seat Recall

    Tuesday, July 1 2014 5:03 PM EDT2014-07-01 21:03:48 GMT
    (NBC News) -- Graco Children's Products is recalling 1.9 million infant car seats, agreeing to government demands in what is now the largest seat recall in American history. The recall came after a five-month spat between Graco and the National Highway Traffic Safety Administration. Earlier this year the company recalled 4.2 million toddler seatsfor a harness buckle problem. But it resisted the agency's demand to recall the infant seats. Buckles can get gummed up by food and drinks, making it...More >>
    (NBC News) -- Graco Children's Products is recalling 1.9 million infant car seats, agreeing to government demands in what is now the largest seat recall in American history. The recall came after a five-month spat between Graco and the National Highway Traffic Safety Administration. Earlier this year the company recalled 4.2 million toddler seatsfor a harness buckle problem. But it resisted the agency's demand to recall the infant seats. Buckles can get gummed up by food and drinks, making it...More >>
  • What's new on Netflix and Amazon for July

    What's new on Netflix and Amazon for July

    Tuesday, July 1 2014 3:37 PM EDT2014-07-01 19:37:25 GMT
    (CNN)-- Netflix and Amazon are adding new titles to their streaming options in July.?From classics to episodes of brand new series, it's all here for your viewing pleasure with this month's schedule of releases:Here' s what to look for on Netflix:July 1:"12 Angry Men" (1957)"Bad Santa" (2003)"Basic Instinct" (1992)"Boyz N the Hood" (1991)"City of God" (2002)"Dead Man Walking" (1995)"Fever Pitch" (1997)"Funny Face" (1957)"Gandhi" (1982)"Honey, I Shrunk the Kids" (1989)"Legends of the Fall" (19...More >>
    (CNN)-- Netflix and Amazon are adding new titles to their streaming options in July.?From classics to episodes of brand new series, it's all here for your viewing pleasure with this month's schedule of releases:Here' s what to look for on Netflix:July 1:"12 Angry Men" (1957)"Bad Santa" (2003)"Basic Instinct" (1992)"Boyz N the Hood" (1991)"City of God" (2002)"Dead Man Walking" (1995)"Fever Pitch" (1997)"Funny Face" (1957)"Gandhi" (1982)"Honey, I Shrunk the Kids" (1989)"Legends of the Fall" (19...More >>
  • The Walkman Turns 35

    The Walkman Turns 35

    Tuesday, July 1 2014 1:12 PM EDT2014-07-01 17:12:17 GMT
    (TODAY) -- It was clunky, with big buttons and bright colors, and in the 1980s, every kid desperately wanted one.Before there was an iPod, there was the Sony Walkman, and Tuesday marks the 35th anniversary since it first went on sale on July 1, 1979. Thanks to a frustrated Japanese executive, kids suddenly had the freedom to listen to their favorite music tapes anywhere instead of lugging around a boombox.Slap a tape in that boxy yellow contraption, and you could nod and pretend you were list...More >>
    (TODAY) -- It was clunky, with big buttons and bright colors, and in the 1980s, every kid desperately wanted one.Before there was an iPod, there was the Sony Walkman, and Tuesday marks the 35th anniversary since it first went on sale on July 1, 1979. Thanks to a frustrated Japanese executive, kids suddenly had the freedom to listen to their favorite music tapes anywhere instead of lugging around a boombox.Slap a tape in that boxy yellow contraption, and you could nod and pretend you were list...More >>
  • Tinder Dating App Hit with Sexual Harassment Lawsuit

    Tinder Dating App Hit with Sexual Harassment Lawsuit

    Tuesday, July 1 2014 12:37 PM EDT2014-07-01 16:37:54 GMT
    (CNN) -- The company's co-founder and former vice president of marketing Whitney Wolfe hasfiled a lawsuit on Monday, alleging her fellow senior executives engaged in "atrocious sexual harassment and sex discrimination" against her.In the lawsuit, Wolfe described Chief Marketing Officer Justin Mateen as "verbally controlling and abusive." She accused him of repeatedly calling her a "slut" and a "whore," including in front of CEO Sean Rad.Mateen and Wolfe had a romantic history. But as their re...More >>
    (CNN) -- The company's co-founder and former vice president of marketing Whitney Wolfe hasfiled a lawsuit on Monday, alleging her fellow senior executives engaged in "atrocious sexual harassment and sex discrimination" against her.In the lawsuit, Wolfe described Chief Marketing Officer Justin Mateen as "verbally controlling and abusive." She accused him of repeatedly calling her a "slut" and a "whore," including in front of CEO Sean Rad.Mateen and Wolfe had a romantic history. But as their re...More >>
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