Macy's Disappoints: Is This the New Retail Reality?

Aug. 13 (Bloomberg) -- Macy’s posted earnings that trailed analysts’ estimates after discounts meant to lure shoppers eroded profit margins. “Bargain Fever” Author Mark Ellwood speaks on “In The Loop.” (Source: Bloomberg)
Ev Williams’ Obvious Ventures Raises $123,456,789
25:47 - Today’s "BWest Byte" is $123,456,789, for the amount of money Twitter co-founder Ev Williams and his team at Obvious Ventures raised for their first fund. Bloomberg's Emily Chang reports on "Bloomberg West." (Source: Bloomberg)
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