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)
EU's Moscovici Says Clear Time Running Short on Greece
56:43 - "Time is running short" for Greece to find a resolution to its debt crisis, according to Pierre Moscovici, the European Union's economic commissioner. He spoke with Hans Nichols in an interview on Bloomberg Television's "Countdown" from the Group of Seven Finance Ministers' meeting in Dresden, Germany. (Source: Bloomberg)
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