El-Erian: Economy Healing, but Healing Gradually
Aug. 3 (Bloomberg) -- Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., talks with Bloomberg's Betty Liu about today's monthly jobs report and its impact on Federal Reserve action to help the economy. He speaks on Bloomberg Television's "In The Loop."
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Canadian National Beats Estimates After Cutting Costs
23:42 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)