Thor's Sitt on Sequestration, Airports, J.C. Penney

Feb. 28 (Bloomberg) -- Joseph Sitt, founder and chief executive officer of Thor Equities LLC and chairman of the Global Gateway Alliance, talks about the automatic federal spending cuts scheduled to take effect tomorrow and the potential impact on airports in the New York City area. Sitt, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for J.C. Penney Co. (Source: Bloomberg)
Luxury Brand Zegna Sees 'Gradual Rebound' in 2016
52:51 - Ermenegildo Zegna, chief executive officer of the Italian luxury-suit maker that bears his name, talks about the prospects for business globally and in China. He speaks with Bloomberg Television's Angie Lau. (Source: Bloomberg)
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