Will Detroit Usher In a Wave of City Bankruptcies?

July 23 (Bloomberg) -- Bloomberg Economic Editor Michael McKee examines whether Detroit's bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations. He speaks on Bloomberg Television's "In The Loop."
Exxon Mobil Posts Lowest Profit Since 2009
22:24 - Exxon Mobil posted its worst quarterly performance in six years as a worldwide glut of oil collapsed prices faster than explorers trimmed costs. Bloomberg's Vonnie Quinn reports on "Market Makers." (Source: Bloomberg)
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