Levin on Closing Carried Interest Loophole

Feb. 4 (Bloomberg) -- U.S. Representative Sander Levin, a Michigan Democrat, talks about his push to close tax loopholes that target corporate deductions for stock options and rates on investment known as carried interest. Levin also discusses automatic federal spending cuts scheduled to begin March 1. He speaks with Peter Cook on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Ace to Buy Chubb for $28.3B
15:05 - It’s the biggest acquisition in the insurance industry since 2008. Ace has agreed to buy its rival Chubb for $28.3B. The deal is just the latest move in a recent acquisition spree for Ace. Bloomberg’s Nejra Cehic reports on “Countdown.” (Source: Bloomberg)
  • JPMorgan: Payrolls to Pave Way for September Rate Hike
  • What You Need To Know: U.S. Jobs, Greece, China Markets
  • Europe Rebuffs Late Greek Advance