As El Niño Exits, La Niña Promises Mayhem Worldwide

El Niño has dried up rice crops across Southeast Asia, cocoa fields in Ghana, coffee in Indonesia and sugar cane in Thailand since last year. It contributed to the Western Hemisphere’s strongest hurricane on record and the planet’s warmest year since at least the 1880s. Now the ocean’s surface is starting to cool, which may signal the start of a La Niña. Bloomberg's Brian Sullivan has more on "Bloomberg Markets." (Source: Bloomberg)

Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
52:58 - Toshiba's board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months. Bloomberg's Peter Elstrom reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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