GE to cut 1,044 jobs in France

More than a thousand French workers are bracing for layoffs, as General Electric plans to scale back its operations. The factory in Belfort is expected to suffer the biggest losses, as there's less demand for the gas turbines it produces. Also on the show: markets brace for a new showdown between Rome and Brussels, and we find out how the city of Houston is trying to reduce its reliance on the oil industry.