Microsoft spends $1B fixing Xbox 360; Dow gains 45 on jobs data
CBS News
Transcript
[Music] another glitch for the Xbox and this time it's costly Microsoft will spend at least a billion dollars to repair serious Hardware failures with its Xbox 360 video game console it's also extending the warranty to 3 years since its release the Xbox has consistently come in second in sales to Nintendo's Wii but beat out Sony's Playstation 3 on Wall Street investors applauded a better than expected June jobs report the economy added 132,000 new jobs in June the unemployment rate held steady at 4.5% in the end the Dow rallied 45 points the NASDAQ climbed nearly 10 iPhone owners are all charged up over their new hot Gadget but what happens when the battery goes well Apple has revealed it will cost iPhone users $85 to replace the non removable battery in the new handsets which by the way will take about 3 days you can get loner phone for 30 bucks Apple says the battery information was posted on its website after iPhone went on sale and Burger King says it will use trans fat-free cooking oil at all its restaurants by the end of next year Burger King is the last of the big fast food chains to make the switch to the healthier oil that's your money watch click on cbsnews.com for more in New York I'm Alexis Christus