Has Bill Ackman Jumped the Shark in Retail?

Aug. 13 (Bloomberg) -- Bloomberg senior markets correspondent Julie Hyman runs down the retail losses accumulated by activist investor Bill Ackman on Borders, J.C. Penney and Target as he resigns from J.C. Penney's board, but remains the company's largest shareholder. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Purisima Says Philippine Economy Will `Play Catch-Up'
04:13 - Cesar Purisima, Philippine Finance Secretary, talks about the nation's economy. Philippine economic growth slowed to a three-year low last quarter. Purisima speaks from Manila with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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