Parsons Aims to Bring `Steadying Hand' to Clippers

May 9 (Bloomberg) -- Richard Parsons, former chairman of Citigroup Inc., talks with Bloomberg's Scott Soshnick about his decision to accept appointment as interim chief executive officer of the National Basketball Association's Los Angeles Clippers. NBA Commissioner Adam Silver said in a statement that Parsons will "bring extraordinary leadership and immediate stability" to the Clippers. The franchise's owner has been banned from the league for making racist comments. (Source: Bloomberg)
Stock Market May Help Cure China’s Debt Hangover
08:19 - China is turning to its stock market to find a cure for its debt issues. Bloomberg’s Stephen Engle reports on “Trending Business.” (Source: Bloomberg)
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