Obama to Stress Cuts' Impact as Deadline Looms

Feb. 25 (Bloomberg) -- Bloomberg's Hans Nichols previews President Obama's meeting with state governors about the impact of sequester cuts and lays out the post-sequestration timeline the county faces. He speaks on Bloomberg Television's "In The Loop."

Philips CEO Expects Operational Improvements to Continue
40:11 - Royal Philips NV, the Dutch health-care equipment maker, reported second-quarter profit that rose more than expected on cost savings and said earnings will improve in the second half of the year. Adjusted earnings before interest, taxes and amortization rose 8.6 percent to 544 million euros ($596 million), the Amsterdam-based company said in a statement Monday. That beat the 519-million-euro average estimate of analysts surveyed by Bloomberg. The company kept its full-year outlook. Chief Executive Officer Frans van Houten Chief Executive Officer Frans van Houten discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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