Bordeaux Wines Hit By China’s Crackdown on Extravagance

Nov. 5 (Bloomberg) -- Lina Fan, who runs an estate in the Bordeaux region that produces some of France’s finest wines, is feeling the pain of China’s crackdown on conspicuous consumption. Fan’s Clos des Quatre Vents estate in Margaux has noted waning sales to the Chinese, who are increasingly afraid of buying wines that are seen as a sign of lavish living. Bloomberg Television's Caroline Connan reports. (Source: Bloomberg)

Poll Finds Americans Back Higher Gas Tax to Fix Roads
56:01 - Bloomberg’s Mark Niquette discusses why a narrow majority of Americans would support an increase in the federal gas tax to help fix crumbling roads and bridges in their own states. He speaks with Bloomberg's David Gura on "Bloomberg Markets." (Source: Bloomberg)
  • Bill Gross Says Fed Should Taper Treasury Portfolio
  • O.J. Simpson Approved for Parole
  • Gross Says a Recession Would 'Do the Economy Some Good'