Her OWN Revenue Stream: Inside Oprah's TV Empire
Aug. 21 (Bloomberg) -- The Oprah Winfrey Network may be the most high profile cable channel to launch in the past decade. But after a few stumble, the network is hitting its stride. Bloomberg's Jon Erlichman caught up with the two people leading the turnaround. (Source: Bloomberg)
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Morelli Seeks to Put Paschi Back on Profitability Track
05:17 - Banca Monte dei Paschi di Siena SpA signaled it’s just starting talks to draw investors to a stock sale, reigniting concerns that the lender may struggle to secure its survival through private funds. Three months after unveiling plans to cut soured loans, the Siena, Italy-based lender said on Tuesday that it’s seeking to hold talks with investors to win support for 5 billion euros ($5.4 billion) in fresh capital by the end of the year. As part of his overhaul, Chief Executive Officer Marco Morelli pledged to return Monte Paschi to profit, targeting net income of 1.1 billion euros in 2019. Morelli joined Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."