Defense Contractors on the Cliff as Major Cuts Loom

Dec. 5 (Bloomberg) -- Bloomberg's Julie Hyman reports on the nervousness of defense contractors that are already feeling the effects as they face major cuts form the impending fiscal cliff. She speaks on Bloomberg Television's "In The Loop."

Seoul Closes Gaeseong Complex Over Rocket Launch
09:14 - South Korea has promised a tough response to the North's rocket launch last weekend taking immediate economic action. It's closed their jointly operated Gaeseong Industrial Complex which will hit Pyongyang in the pocket. Bloomberg's Peter Pae reports on "Trending Business." (Source: Bloomberg)
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