Uber Under Attack: Paris Taxi Wars

Feb. 11 (Bloomberg) -- In Paris, a taxi war has been brewing for months -- but it's just taken a step further. After France's top administrative canceled the required waiting time of 15 minutes for private car services, thousands of regular taxis have been striking in and around the city. Private hires argue the market is big enough for everyone. Bloomberg's Tom Gibson went to find out. (Source: Bloomberg)

Do Markets Worry Too Much About Inflation?
57:08 - Federal Reserve Chair Janet Yellen said the central bank was not to blame for the tumult that has engulfed financial markets this year and is unlikely to roll back its December interest-rate increase in response. Yellen added that the Fed was taking another look at negative interest rates as a potential policy tool if the U.S. economy faltered, a scenario some investors view as a mounting possibility amid a darkening outlook for world growth. SVM Asset Management Managing Director Colin McLean discussed with Bloomberg’s Manus Cranny on “Countdown.”
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