Watch: NCAA's Statement on Penn State Punishment

July 23 (Bloomberg) -- NCAA President Mark Emmert speaks to the media regarding the penalties levied against the Penn State football program, which includes a fine of $60 million and a loss of 20 scholarships.
Australia's Debt-to-GDP Ratio Going Higher, Toohey Says
49:08 - Tim Toohey, head of economics, commodities and strategy research at Goldman Sachs Australia and New Zealand, talks about what to expect from Australia's annual government budget due next week. He also discusses the latest jobs report and prospects for the nation's credit rating. Toohey speaks from Sydney with Shery Ahn on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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