Defense Contractor Feels the Pinch

March 28 (Bloomberg) -- With shrinking defense budgets, contractors are feeling the pinch. On Bloomberg Government's "Capitol Gains," Hans Nichols talks with the CEO of Rockwell Collins, a maker of aircraft communications and electronic equipment. Clay Jones says shifting business to the commercial sector and looking to markets overseas isn't enough to stop his company from laying off hundreds of workers. (Source: Bloomberg)
Jony Ive to Give Up Day-to-Day Duties in Apple Promotion
30:50 - Jony Ive, Apple’s top designer, will give up day-to-day managerial duties in what the company said is a promotion to the newly created position of chief design officer. Bloomberg's Cory Johnson reports on “Bloomberg Markets.” (Source: Bloomberg)
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