Magic Johnson Backed Fund Hits Headwinds
March 22 (Bloomberg) -- Yucaipa is cutting fees for investors and founder Ron Burkle will forego his annual management fee until the fund’s investors recoup money that they lost according to the New York Times' Dealbook, citing unidentified people familiar with matter. Betty Liu reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Most Recent Videos
Is Apple on the Brink of an iPhone Sales Super Cycle?
53:43 - Timothy Arcuri, managing director at Cowen & Co., explains why his firm sees great sales potential for Apple's iPhones in 2017. He speaks on "Bloomberg Markets." Arcuri, his family, and firm, do not own shares of Apple, but his firm makes a market in the company. (Source: Bloomberg)