Obama Says Nation Can’t Afford Deadlock Over Debt
Nov. 14 (Bloomberg) -- U.S. President Barack Obama talks about negotiations on steps to cut the federal budget deficit through a combination of tax increases for the wealthy and spending cuts. The president speaking at a White House news conference, also discusses the scandal that forced CIA Director David Petraeus to resign last week, the deadly attack on the U.S. consulate in Benghazi, Libya, and the chances for legislation to revamp the nation’s immigration laws. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
15:53 - 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)