Chinese Malls Waive Rents as Vacancies of 30% Loom

July 2 (Bloomberg) -- Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies. Angie Lau reports on Bloomberg Television's "First Up." (Source: Bloomberg)

TIAA CEO: Retirement Challenge Could Become Crisis
39:32 - Roger Ferguson, president and chief executive officer at TIAA, warns of the challenges related to retirement savings and reminds investors that "it is never too late to start to save" for their future. He speaks on "Bloomberg Markets." (Source: Bloomberg)
  • JPMorgan's Blockbuster Weekend for M&A
  • Getting Millennials to Sip Cognac
  • Remy Martin Sees Return of Chinese Consumer