Detailed text transcripts for TV channel - MSNBC - 20120625:15:48:00
International disputes in the region. >> thanks so much. appreciate it. we look at other stories topping the news. lockheed martin is warning of massive layoffs if $500 billion in automatic pentagon budget cuts take effect in january as kurnltly scheduled. lockheed is the pentagon's largest supplier. according to reports lockheed could be forces to lay off 10% of the current work force if nears 145,000 and those pink slips go out right before election day. stocks sharply lower on concerns of a european union summit this week will do little to resolve europe's debt problems. we see red arro...