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."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
20:51 - 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)