Penn State Football Penalty, Program Outlook

July 23 (Bloomberg) -- Patrick Rishe, founder and director of Sportsimpacts, talks about the NCAA's penalties against Pennsylvania State University for the school's handling of a child sex-abuse case involving former assistant football coach Jerry Sandusky. The university was fined $60 million and avoided the stiffest punishment, a shutdown of the football program that was at the center of the scandal. The school also was stripped of all its wins from 1998 through 2011, barred from postseason games for four years and lost 20 total scholarships annually for four seasons. Rishe talks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Are Negative Rates a Tax on the Banking System?
26:48 - Geoffrey Yu, strategist at UBS Wealth Management, discusses the impact of monetary policy on banks and possible future actions from central banks. He speaks with Jonathan Ferro and Guy Johnson on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
  • Allianz CIO Remains Cautious About European Banks
  • Shipping Industry Sounding the Alarm on Global Growth
  • Maersk CEO Sees Some Pick-Up In Oil Price By Year End