Sears Posts $279M Quarterly Loss as Revenue Slumps

May 23 (Bloomberg) -- Sears Holdings Corp., the retailer controlled by billionaire hedge-fund manager Edward Lampert, posted a first-quarter loss of $279 million, hurt by costs related to store closings and severance expenses. Julie Hyman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Can President Obama Get a Global Climate Deal in Dec.?
08:14 - Bloomberg’s Tom Keene, Brendan Greeley and Vonnie Quinn look at the Twitter question of the day. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
  • Why July Was a Month of Uncertainty in Oil Markets
  • Oil Has Been in Structural Oversupply: McCaughan
  • What To Watch: China, Greece, Commodities