Morgan Stanely To Let Go 10% of Brokers

Morgan Stanley is planning to get rid of about 10% of its brokers, which is about 1,000 jobs. The firm is trying to weed out an brokers that aren't up to its standards according to acting president Zoe Cruz.

Studios Put On Digital Specs

After three years of study, Hollywood movie studios have found common ground on a single technical specification for digital movies.