State Senator Proposes Tax on Pittsburgh Nonprofits

Jan. 24 (Bloomberg) –- Pennsylvania state Senator Jim Ferlo, a Democrat, talks with Bloomberg's Romy Varghese about his proposal to tax Pittsburgh's biggest nonprofit organizations. A levy based on payroll size would be paid by those with more than 250 employees under the bill being written by Ferlo. (Source: Bloomberg)

European Bank Spreads Signal Concern
55:17 - Peter Tchir, head of macro strategy at Brean Capital, discusses the European banking sector, coco bonds and what the ECB can do to relieve the bank stress. He speaks to Bloomberg's Joe Weisenthal and Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
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