Moelis: U.S. Inflation Risk Is `Overblown'

Feb. 28 (Bloomberg) -- Kenneth Moelis, founder and chief executive officer of Moelis & Co., talks about the impact of activist investors on companies, the outlook the for the financial industry and the prospects for U.S. inflation. Moelis, speaking with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers," also talks about the potential impact of automatic federal budget cuts on banking. BlackRock Inc.'s Rick Rieder also speaks. (Source: Bloomberg)
Baoding Tianwei Says It Has No Money to Pay Debt
11:39 - Another Chinese company is saying that it may not meat its interest payments which are due today. Bloomberg’s Christine Hah reports on “Trending Business.” (Source: Bloomberg)
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