Inside Bombardier’s $3.5B, Decade-Long Jet Gamble

Sept. 25 (Bloomberg) –- It takes more than $3 billion and the better part of a decade to design, develop, build and launch a new mid-size passenger jet. But Canadian firm Bombardier finally managed it, albeit months behind schedule. As the 170-seat C-Series made its maiden test flight over Montreal, Bloomberg asks whether it will shake up the sizeable narrow-bodied mid-range jet market that has been dominated by Airbus, Boeing and their subsidiaries. Bloomberg's Matt Miller reports. (Source: Bloomberg)
`Time Is of the Essence' for Greece to Reach Deal: Lew
25:54 - U.S. Treasury Secretary Jacob J. Lew speaks about the U.S. and global economies, Greece's debt crisis and International Monetary Fund reforms. Lew speaks at news conference at the 2015 World Bank Group/IMF Spring Meetings in Washington. (Source: Bloomberg)
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