Sears' CEO Lampert Pitches $33K Rolexes Online

July 22 (Bloomberg) -- In Today's "Movers & Shakers," Bloomberg's Betty Liu reports that Sears CEO Eddie Lampert is taking a new path to attract customers by offering $33,000 Rolex watches for sale on the company's website. She speaks on Bloomberg Television's "In The Loop."

Apple Only Spends 3.5% of Revenue on R&D
07:38 - 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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