Metro-East News

July 17, 2014

Daily business briefing: Cardinals high in viewer ratings standings

The St. Louis Cardinals' 7.45 rating on Fox Sports Midwest ranks second to only the Detroit Tigers in viewers according to a recent survey, the St. Louis Business Journal reports. However, the Redbirds' number of viewers is also down by 8 percent from last season. Read more at http://www.bizjournals.com/stlouis. ....

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Microsoft is laying off about 14 percent of its staff, about 18,000 employees, over the next year. This news comes as the company works on integrating the Nokia devices business it bought in April and cuts down on management layers. Find out more at http://www.bnd.com/business. ....

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The number of people seeking U.S. unemployment benefits fell by 3,000 last week. Learn more at http://www.bnd.com/business. ....

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U.S. home construction fell 9.3 percent last month. Applications for building permits were also down in June, dropping 4.2 percent after a 5.1 percent decline in May. For more information, go to http://www.bnd.com/business.

--Will Buss, BND business writer

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