Gap Gets `Back to Blue' as Denim Boosts Profit 25%

Aug. 23 (Bloomberg) -- Bloomberg's Alix Steel reports that Gap Inc. saw denim and athletic products bost second-quarter profit by 25 percent at both the Gap and Old Navy chains. Joseph Weisenthal, Deputy Editor at Business Insider, examines the company's turnaround to profitability. They speak on Bloomberg Television's "Bloomberg Surveillance."

Apple Pay, UnionPay Said to Reach Deal in China
30:09 - Apple looks to enter China's fiercely competitive mobile payments market. Sources say it struck a deal with UnionPay to introduce Apple Pay to the mainland. Bloomberg's Haidi Lun reports on "First Up." (Source: Bloomberg)
  • The World as Seen by Ackman Trophy Hire Hunter Harrison
  • Canadian Oil Sands Meets Possible Suitors
  • Stock Exchange: Top Asia Equities Movers