Steyer on California Budget, Taxes

Jan. 16 (Bloomberg) -- Thomas Steyer, retired founder of Farallon Capital Management LLC, talks about his role in backing a California voter initiative that is credited in part for creating a projected budget surplus and prospects for a similar plan being implemented on a national level. Last week Governor Jerry Brown declared an end to California’s chronic fiscal crisis, projecting the first surplus in a decade thanks to spending cuts and $6 billion in new taxes approved by voters in the most populous U.S. state. Steyer speaks with Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Medical Marijuana Company Enters ASX via Back Door
59:50 - With Australia’s economy slowing, the country is encouraging local and foreign companies to consider entering the equity market by acquiring a publicly traded company. Paul Allen reports on the growing trend for reverse takeovers. (Source: Bloomberg)
  • Nearly $10K Smart Grill Activates by Sound of Your Voice
  • Breeders' Cup CEO: Thoroughbred Investing Has Come Back
  • Pratt & Whitney Exec: We're Going Ahead With F-35 Engine