Microsoft plans to eliminate as many as 18,000 jobs over the next year — about 14 percent of its global workforce. The cuts would be the largest in the company's history. Microsoft recently acquired Nokia's mobile phone business, which boosted its head count by 25,000 and most of the cuts will be in that area.
The Senate has voted to reauthorize terrorism risk insurance, to help businesses stay solvent in the event of attacks. The bill faces a tougher road in the House, where some Republicans want to reduce the potential price tag for taxpayers.
Delphi, the company that made the defective ignition switch in General Motors vehicles, has stayed out of the harsh glare in the recall scandal. But that changed Thursday, as Delphi's CEO joined GM CEO Mary Barra and GM's top lawyer for a grilling on Capitol Hill.
As Dave Mistich of West Virginia Public Broadcasting reports, Freedom Industries is demolishing the site responsible for the leak that contaminated the water supply for 300,000 West Virginians early in 2014.