El-Erian: Jobs Report a Step Toward Escape Velocity
May 3 (Bloomberg) -- Mohamed El-Erian, CEO and co-CIO at PIMCO, discusses the April jobs report and the good news it represents for the U.S. economy. He speaks on Bloomberg Television's "In The Loop."
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Lotte Revives Hotel IPO Plans
31:42 - Lotte Group is hoping to regain confidence in its hotel division by reviving plans for an IPO. The South Korean company has been plagued by a corruption scandal which has seen its chairman and five founding family members facing charges including embezzlement. Bloomberg's Peter Pae reports on "Bloomberg Markets." (Source: Bloomberg)