Apple Needs Ahrendt’s Retail Experience: Margolis
Oct. 18 (Bloomberg) -- Jay Margolis, chairman and chief executive officer at Cache, talks with Betty Liu about former Burberry CEO Angela Ahrendts moving over to the tech world at Apple and examines the trend of retail stores opening on Thanksgiving to get an early start on Black Friday. He speaks on Bloomberg Television’s “In The Loop.”
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Where Are Oil Prices Headed Next?
49:23 - The three-month rally in oil may not be enough to turn around the fortunes of the riskiest U.S. energy companies, but it has allowed them to remove an undesirable label: distressed. The average extra yield investors now demand to hold junk energy bonds rather than Treasuries has fallen below the 10 percent threshold at which bonds are considered distressed. For investors who’ve had the stomach to hold these securities, the rally has resulted in gains of more than 30 percent since oil bottomed in February. Goldman Sachs Senior Equity Strategist Sharon Bell discusses with Bloomberg's Francine Lacqua on "The Pulse."