Washington State Bridge Condition Concerns Commuter
May 28 (Bloomberg) -- Robert Elkins, a resident of Washington State, talks about the degraded condition of the Meridian Street bridge in Puyallup. The vintage-1925 bridge is one of the 134 owned by Washington that the state classifies as "structurally deficient," though transportation officials say there's no imminent risk. Elkins spoke with Bloomberg's James Nash on May 25. (Source: Bloomberg)
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UBS's Ermotti Says Environment In 2Q 'Very Challenging'
51:53 - UBS Group AG said first-quarter profit fell 64 percent, missing analyst estimates, as all divisions reported a drop in earnings. Net income fell to 707 million Swiss francs ($741 million) from 1.98 billion francs a year earlier, the Zurich-based bank said on Tuesday. That fell short of the 735 million-franc average estimate of five analysts in a Bloomberg survey. UBS CEO Sergio Ermotti told Bloomberg Television’s Guy Johnson that the issues the bank highlighted in previous quarters aren’t disappearing.