GoPro Cutting 15% of Workforce, Closes Entertainment Unit

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GoPro Cutting 15% of Workforce, Closes Entertainment Unit

GoPro Inc., struggling to get traction with its action-cameras and new drone, is eliminating about 15 percent of its workforce and shutting down the
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U.K. Housing Market's Outlook Is 'Highly Uncertain', BOE Warns

The outlook for the U.K. housing market is “highly uncertain” after the vote to leave the European Union caused transactions to slow, the Bank of
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Mnuchin Says He'll Consider Longer Maturities at Treasury

Steven Mnuchin, President-elect Donald Trump's pick for U.S. Treasury secretary, said he'll explore issuing debt maturing in more than 30 years to
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Egypt Move to Ease Profit Repatriation Extends Share Rally

Central bank officials weren't available for comment when contacted by Bloomberg. Lenders were instructed to sell the remaining 50 percent in the
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Deutsche Telekom Wants to Sell You an Anti-Drone Safety Shield

Deutsche Telekom AG will start selling products designed to protect companies and authorities from drones linked to spying, smuggling or vandalism
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