Venice Faces Cruise Tourism Threat
Big cruise liners enter Venice through the Giudecca Canal to offer their passangers a spectacular view. A business that generates around $323 million a year. But following the wreck of the Costa Concordia environmentalists have stepped up their efforts to have large cruise ships banned from the lagoon.
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
47:10 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)