EADS, BAE to Pursue More Time to Salvage Merger

European Aeronautic, Defence & Space Co. and BAE Systems Plc are set to request more time to win government backing for their proposed merger, according to two people with knowledge of the talks.
Coffee: Why El Nino May Make Your Latte Cost More
36:49 - A strong El Nino in the equatorial Pacific will make itself noticed in weather patterns across the globe. Tuesday’s update from the Australian Bureau of Meteorology said it’s the strongest El Nino since 1997-98, which was the biggest in records going back to 1950. Bloomberg's Olivia Sterns and Alix Steel report on "Bloomberg Markets." (Source: Bloomberg)
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