FINANCE: BNY Mellon Says Will Cut 1,500 Jobs BNY Mellon has announced that it will cut 1,500 jobs or 3% of its job force. Read our post on August 5. Read More: CNBC | International Business Times
ECONOMY: United States Postal Service Seeks To Layoff 120,000 Workers The United States Postal Service (USPS) is asking Congress for permission to layoff 120,000 workers. Read More: CNN | DailyFinance
FINANCE: Dow Surges Again Dow surges 400 points today. Read out post on August 10. Read More: The Street | The Wall Street Journal
WORLD: Ukrainian President Claims Arrest And Trial of Prime Minister Is Not Politically Motivated President Victor Yanukovich rejected the concern by Western nations that the trial of Yulia Tumoshenko, former PM, is not politically motivated. Read our post on August 5. Read More: Interfax | AFP
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