Meet the Navy's New $150M Submarine-Destroying Jet

Dec. 9 (Bloomberg) -- Boeing's P-8 Poseidon plane may look a lot like the company's 737 but it's actually a highly advanced military aircraft that's equipped to hunt submarines. The U.S. Navy has just deployed several of the airplanes to Japan to increase U.S. military presence around the disputed Senkaku Islands, which Japan controls and China claims. It's the first ever deployment for the aircraft, which has been in development for nearly a decade. Here's a look at the game-changing capabilities of the P-8. (Source: Bloomberg)

Will China Delay Another Fed Rate Hike Opportunity?
59:03 - Simon Derrick, chief currency strategist at BNY Mellon, discusses the potential impact of a 5.5 percent selloff in Shanghai stocks on an expected December rate hike by the Federal Reserve. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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