  | | | Microsoft profit falls on sluggish Windows demand, tax charge | | SEATTLE (Reuters) - Microsoft Corp said on Monday fiscal second-quarter profit fell, as sluggish personal computer sales dampened demand for Windows software and the company had a one-time tax expense relating to an audit in the United States. | | | |  | | | U.S. deficit to dip in 2015 as era of dramatic declines ends: CBO | | WASHINGTON (Reuters) - The U.S. budget deficit will decline slightly to $468 billion this fiscal year, the lowest level since President Barack Obama took office, congressional forecasters said on Monday in a report heralding the end of a brief period of dramatically shrinking red ink. | | | |  | | | Telecom network spending seen rising this year amid 4G boom | | PARIS/STOCKHOLM (Reuters) - Europe's telecoms equipment makers look set for an unpredictable year because of consolidation among their operator customers and a slowdown of buildouts of faster mobile networks, known as 4G, in the United States and China. | | | |  | | | Oil slides despite OPEC talk of a floor | | NEW YORK (Reuters) - Oil fell in see-saw trade on Monday, with U.S. crude ending at its lowest in nearly six years, as traders discounted comments from OPEC's top official about the market finally finding a bottom. | | | |  | | | IBM dismisses Forbes report of massive layoffs | | (Reuters) - IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26 percent of its workforce, which would represent its biggest-ever layoffs. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
