Shilling on Bernanke Testimony, U.S. Retail Sales
July 17 (Bloomberg) -- Gary Shilling, president of A. Gary Shilling & Co. and a Bloomberg View columnist, talks about Federal Reserve Chairman Ben S. Bernanke's testimony before the Senate Banking Committee in Washington today. Shilling, speaking with Mark Crumpton on Bloomberg Television's "Bottom Line," also discusses U.S. retail sales data for June. (Shilling is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
31:40 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)