Is Manchester United World's Most Valuable Team?

Aug. 8 (Bloomberg) -- In "Top headlines," Bloomberg's Erik Schatzker reports on today's top stories including Standard Chartered may face up to $700 million in fines to resolve money laundering allegations, Manchester United could end up twice as valuable as any sports franchise as the team looks to raise $3.8 billion in tomorrow's IPO and Square gets a $25 million boost from Starbucks with the payment service being installed in all Starbucks locations. He speaks on Bloomberg Television's "Bloomberg Surveillance."