Gundlach: Next Recession to Be a Killer, Cleansing

Dec. 18 (Bloomberg) -- Jeffrey Gundlach, CEO/chief investment officer at Doubleline Capital, discusses the expected impact of the next recession if brought on by the fiscal cliff. He speaks on Bloomberg Television's "Market Makers."

Woolworths Shakeup: Company to Cut 500 Jobs
19:56 - Woolworths announce cuts of up to 500 jobs and booked pre-tax charges of almost A$1B. Bloomberg's Paul Allen reports on "Trending Business." (Source: Bloomberg)
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