Sears Shakeup Finds Lampert Taking Reigns as CEO

Jan. 8 (Bloomberg) -- Bloomberg's Sheila Dharmarajan and Betty Lu discuss Lou D’Ambrosio is stepping down as chief executive officer and Chairman Edward Lampert taking over the job as the billionaire hedge fund manager works to revive the retailer. They speak on Bloomberg Television's "In The Loop."
Malaysia PM Caught Up in 1MDB Money Trail Probe
02:24 - Malaysia’s prime minister has been forced to deny being a thief after reports of up to $700M of public money ended up in his bank account. A task force has now raided the offices of three Malaysian companies linked to 1MDB, the debt-ridden state investment firm at the center of the scandal. Bloomberg’s Haslinda Amin reports on “First Up.” (Source: Bloomberg)
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