New York Knicks' Novak, Stoudemire on London Trip

Jan. 15 (Bloomberg) -- New York Knicks guard Steve Novak and forward Amar’e Stoudemire spoke yesterday to reporters about the team’s scheduled trip to London.¶ The Knicks (24-13) face the Detroit Pistons (14-24) on Jan. 17 at the 02 Arena, the league’s third game in the U.K. capital. Tickets for the contest, which will air live on NBATV at 3:00 p.m. Eastern time, sold out in four days. (Source: Bloomberg)

Apple Only Spends 3.5% of Revenue on R&D
06:32 - Compared with its resources, Apple has remained relatively quiet. It spent just 3.5 percent ($8.1 billion) of its $233 billion in revenue in fiscal 2015 on research and development, a lower percentage than every other large U.S. technology company, data compiled by Bloomberg show. Bloomberg's Mark Milian reports on "Bloomberg Markets." (Source: Bloomberg)
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