Reuters: Microsoft Corp. will slash 14% of its workforce; it will lay off 1,350 employees in the Seattle area.
NYT: The bank posted profit of $1.3 billion, or 60 cents per share, on $8.5 billion in revenue, up 46% from Q2 of 2013.
NYT: The two companies announced their partnership and its intent to spread mobile and data analysis technology in the corporate world.
Bloomberg: The rate of first-time strokes in the United States dropped 24% in the past two decades; accompanying deaths fell 20% per decade.
WSJ: Retail sales in the United States rose a seasonally adjusted 0.2% from May, the weakest increase since January.
Bloomberg: The software maker is planning its biggest round of job cuts in five years.
NYT: The $7 billion deal will settle a federal investigation into the mortgage securities the bank sold.
Forbes: A new survey says "business agility" has become the primary advantage being delivered by the cloud.
BBC: Profits at the bank rose 3% in Q2—the United State's largest bank benefitted from the improving economy.
TIME: The National Gay Blood Drive is raising awareness about the 1983 Food and Drug Administration ban prohibiting gay and bisexual men from donating blood—a ban the organization finds outdated.
Bloomberg: Boeing Co. predicts demand in Asia will push commercial aircraft sales to $5.2 trillion over the next 20 years.
Washington Post: Only 17.8% of people receiving public mental health services were employed in 2012—down for 23% in 2003.
Forbes: Advertising is paid media, public relations is earned media.