China Unlikely to Free Yuan in 5 Years

March 15 (Bloomberg) -- Eswar Prasad, a former International Monetary Fund official who is now a professor at Cornell University in Ithaca, New York, talks about China's leadership changes and the implications for the nation's political and economic prospects. Prasad, who is also a senior fellow at the Brookings Institution in Washington, speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Apple Only Spends 3.5% of Revenue on R&D
15:48 - 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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