JPM, Goldman earnings beat, Microsoft job cuts

THE FORTUNE DAILY Tuesday, July 15

Novartis, Google team up to bring "smart lens" tech to market Such 'smart lenses' have the potential to transform not only how vision-related ailments are treated but how patients can track their own health.

Microsoft seen planning biggest round of job cuts in five years Thousands of jobs may be axed to meet cost savings target from Nokia deal; Xbox team also seen as likely to be hit as Nadella refocuses company.

JPMorgan Chase's 2Q profits beat expectations Earnings and revenue at the nation's largest bank dropped from a year ago, but not as much as analysts predicted. CEO Jamie Dimon's health is the largest question.

Citigroup is terrible at negotiating with the government The Justice Departments $7 billion fine may signal another battle lost for Citi CEO Michael Corbat.

Retail sales disappoint in June, but May figures revised up Slowest monthly gain in five months jars slightly with recent good news from economy.

By Erin Griffith Why is tech M&A booming? Tech boom is having a huge impact on acquisitions, start-up valuations and stock prices.

By Claire Zillman Yes, pregnancy discrimination at work is still a huge problem EEOC issues new guidance on how to treat employees after over 5,000 discrimination suits were filed last year.

By John Kell Reynolds to pay $27.4 billion for Lorillard Combined company will sell Salem, Winston and other brands to Imperial Tobacco, creating a new third force in U.S. market.

Don't call the Lexus NX a fancier Toyota RAV-4

H-P chairman resigns due to health concerns

NBA looks to slam dunk on lucrative TV deal

Albemarle to pay $6.2 billion to buy Rockwood

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