EADS Attempts BAE Merger in Quest to Outpace Boeing

European Aeronautic, Defence & Space Co. and BAE Systems Plc are reviving a decade-old plan to build an equal to Boeing Co. that would balance civil and defense operations in an era of shrinking military budgets.
Feldstein: No Economic Reason Preventing Fed Liftoff
18:47 - Martin Feldstein, an economics professor at Harvard University, talks about Federal Reserve policy, the state of the U.S. economy and recent market turmoil. He speaks with Michael McKee and Brendan Greeley on Bloomberg Television's "Market Makers" in Jackson Hole, Wyoming. (Source: Bloomberg)
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