Tory Burch's Billions: Is an IPO Next?
Jan. 4 (Bloomberg) -- Chris Burch, the former husband of fashion designer Tory Burch, sold about half of his 28.3 percent stake in New York-based retailer Tory Burch Dec. 31, settling a year-old legal dispute between the couple, according to two people familiar with the transaction. Bloomberg Billionaires Editor Peter Newcomb reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
22:49 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)