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)
Why Certain Trading Strategies Are Going Haywire
21:32 - U.S. stocks posted the biggest two-day surge since 2009 as a relief rally swept across global markets and the economy grew stronger than expected in the second quarter. Bloomberg's Mike Regan and Lisa Abramowicz have more on "Bloomberg Markets." (Source: Bloomberg)
  • Deep Dive: Oil's Technical Move, Stoxx 600 Up on the Week
  • Relief Rally Loses Steam: Are We Too Focused on China?
  • Global Bear? The Contagion Out of China