Oil Profits Best We're Going to See for a While: Morris
For oil companies, the second quarter might be as good as it gets. Shares gained more than in any other industry, thanks to crude rising from a 12-year low. Profits were the best in at least three quarters for majors including Royal Dutch Shell Plc, Chevron Corp. and BP Plc, helped by cost cuts, analysts say. The rest of the year might not be as rosy as supply holds near record levels. Bloomberg's Ryan Chilcote reports and BNP Paribas Senior Investment Strategist Daniel Morris discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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Chicago's Health-Tech Hub Attracts Jobs, Startups
25:54 - Rishi Shah, founder and chief executive officer at Outcome Health, and Chicago Mayor Rahm Emanuel discuss plans to add 2,000 health tech jobs in the city over the next four years. They speak with Bloomberg's Kevin Cirilli. (Source: Bloomberg)