Navy's Littoral Combat Ship in Sequester Crosshairs
Feb. 21 (Bloomberg) -- Bloomberg's Deirdre Bolton reports the U.S. Navy's Littoral combat ship may fall prey to sequester spending cuts as costs have double to more than half a billion dollars per ship. She speaks on Bloomberg Television's "In The Loop."
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Decision to Freeze Fund Has Been Vindicated: Richards
13:42 - M&G Investments will reopen its £4.5 billion property fund on November 4, Chief Executive Officer Anne Richards tells Francine Lacqua on "Bloomberg Surveillance." Funds investing in commercial property, including Standard Life Investments and a number of others, declared it had suspended U.K. Real Estate funds as people tried to get their money back following the Brexit vote. Several funds had shut the door to prevent unnerved customers forcing fire sales of offices, shopping malls and warehouses.