Hong Kong Small Business Vanishes With Soaring Rent

April 2 (Bloomberg) -- Rents are climbing in neighborhoods near Hong Kong's Causeway Bay and other prime shopping districts, known for luxury stores that attract free-spending tourists from mainland China. That’s squeezing out mom-and-pop shops, congee and noodle vendors and other small businesses as developers and landlords seek to profit from the trend. Bloomberg's Brent O'Brien reports. (Source: Bloomberg)
Wal-Mart Selects Biggs to Replace Retiring CFO Holley
01:53 - Wal-Mart has announced that Chief Financial Officer Charles Holley is retiring at the end of the year and will be replaced by Brett Biggs, CFO of the company’s international division. Bloomberg's Matt Miler reports on "Bloomberg ‹GO›" (Source: Bloomberg)
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