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)

Canadian National Beats Estimates After Cutting Costs
09:12 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)
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