IAG Pledges Iberia Overhaul as Earnings Disappoint

Feb. 28 (Bloomberg) -- Bloomberg's Kari Lundgren reports that the parent company of British Airways, International Consolidated Airlines Group, pledged to push through 3,800 job cuts at Iberia Airlines after the Spanish operator pushed the carrier to a full-year loss. She speaks on Bloomberg Television's "The Pulse."

North Korean Missile Launch Fails
03:58 - North Korea attempted to launch what may have been a Musudan ballistic missile, its first effort since a ruling party congress earlier this month that tightened leader Kim Jong Un’s grip on power. Bloomberg's Peter Pae reports on "Trending Business." (Source: Bloomberg)
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