Watch Navy's New Supergun Launch Shells at 5600 Mph

May 7 (Bloomberg) –- The Navy's newest super gun is a long range weapon that uses electromagnetic "Star Wars" technology. It launches projectiles that use speed, not explosives to do damage. Firing at 7 times the speed of sound, it can punch through 3 walls of reinforced concrete and costs a fraction of the price of a conventional Navy missile. (Source: Bloomberg)

Spain's Socialists Clear Rajoy's Path to New Government
44:35 - Spain move closer to the formation of a new government as the opposition Socialists agreed to end a 10-month impasse, clearing the way for a second term for caretaker Prime Minister Mariano Rajoy. Bloomberg's Charles Penty reports on "Bloomberg Surveillance." (Source: Bloomberg)
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