Miller: Detroit Recovery to Be `Political Struggle'

June 14 (Bloomberg) -- Steve Miller, chairman of American International Group Inc., talks about Detroit’s $386 million deficit and outlook for the city. Kevyn Orr, Detroit’s emergency manager, is holding a closed-door creditor meeting today intended to cap the creation of a recovery plan for the city. Miller speaks with Erik Schatzker and Scarlet Fu on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)

Has Apple's iPhone SE 'Gamble' Paid Off?
43:07 - Apple Inc.’s lower-cost iPhone SE is gaining more traction than expected with users, tempering a sales decline and soothing investors’ concerns about growth. The $399 handset garnered a healthy dose of criticism when it was unveiled in March. It was still too expensive to be attractive in emerging markets, and had the potential to reduce profitability in developed economies because customers would prefer it to more expensive, higher-margin models, nay-saying analysts said at the time. Bloomberg's Nate Lanxon discusses with "On the Move" hosts Anna Edwards in London and Caroline Hyde in Berlin.
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