Ackman: `No Viable Alternative' to Fannie, Freddie

May 5 (Bloomberg) -- Bill Ackman, who runs the $15 billion Pershing Square Capital Management LP, talks about his investment in Fannie Mae and Freddie Mac. Ackman, speaking with Stephanie Ruhle on the sidelines of the 19th annual Sohn Investment Conference in New York, also comments on Valeant Pharmaceuticals International Inc.'s offer to buy Allergan Inc. and shareholder activism. (Source: Bloomberg)
Instagram Expected to Rake In $595M in Mobile Ad Sales
54:17 - Today’s "BWest Byte" is $595 million, for the amount of revenue Instagram is expected to rake in from mobile ad sales this year. Bloomberg's Emily Chang reports on "Bloomberg West." (Source: Bloomberg)
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