Boehner Drops ‘Plan B’ as Budget Turns to Disarray

House Speaker John Boehner scrapped a plan to allow higher tax rates on annual income above $1 million, yielding to anti-tax resistance within his own party and throwing already-stalled budget talks deeper into turmoil.

Swiss Re CFO: Must Stay Prepared for Major Disasters
44:27 - David Cole, chief financial officer at Swiss Re, explains how the company prepares for potentially large financial losses from major disasters. He speaks with Vonnie Quinn on "Bloomberg Surveillance." (Source: Bloomberg)
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