Detailed text transcripts for TV channel - KGO - 20120814:10:38:00
Google's stock closed higher after the tech giant announced layoffs at motorolla mobility. the cell phone company it just bought. 4,000 jobs are going to be cut. 20% of the work force. most of the jobs being cut are outside of the united states. google also said it willlose or consolidate about 1/3 of its 90 locations. we are talking about 30 locations probably consolidated. a major trend for american credit card customers. a new report this morning shows the number of credit card customers paying their bills late now at an 18-year low. the amount of debt per customer is up, about 6% over th...
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