Mursi Rejects Ultimatum, Egypt Braces for Showdown

July 2 (Bloomberg) -- ABC News Middle East correspondent Alex Marquardt updates the latest from Tahrir Square in Cairo, Egypt as President Mohamed Mursio has rejected the military's 48-hour ultimatum. He speaks on Bloomberg Television's "Market Makers."

Here's Why Facebook Might Owe $5 Billion to the IRS
36:23 - Facebook's future cash flows and results could suffer a major blow if it loses a battle over new U.S. tax liabilities related to the transfer of its global operations to Ireland in 2010. Bloomberg's Kartikay Mehrotran has more on "Bloomberg Markets." (Source: Bloomberg)
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