Flournoy: Defense Cuts `Very Devastating' Long Term

March 1 (Bloomberg) -- Michele Flournoy, former undersecretary at the U.S. Department of Defense, talks about the possible impact of automatic federal spending cuts on the military and national security. She speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
One Minute Brief: Iran Talks, McDonald's Ups Pay
11:04 - Bloomberg briefs you on the top stories of the day including: the Iran nuclear talks, a pay rise for select McDonald's employees, and the U.K.'s pre-election debate.
  • Way Beyond the Deadline and No Agreement… Yet
  • Dollar Headed Higher After `Moment of Respite': Tihanyi
  • All Sides Determined to Avoid a Bad Deal: Thakur