Time Warner Pushes for NBA TV Renewal Deal

July 15 (Bloomberg) -- Time Warner is hustling to keep the NBA in its lineup to help fulfill a pledge to lift cable-network sales. Bloomberg’s Paul Sweeney speaks on “In The Loop.” (Source: Bloomberg)
China’s Official Factory Gauge Shrinks
35:02 - China’s Purchasing Managers’ Index fell to the lowest reading in three years as monetary easing failed to revive old growth drivers weighed by overcapacity and sliding prices. The figure was 49.7 for August, matching the median estimate in a Bloomberg survey and down from 50 in July. Meanwhile, Australia left interest rates unchanged as a declining currency cushions the impact of lower commodity prices and a weaker outlook for its key trading partner.
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