How Much Will Samsung's Recall Hurt the Brand?
Samsung's recall of millions of big-screen smartphones isn’t going to be cheap. The South Korean company may spend as much as $1 billion, after deciding to replace all of the 2.5 million Note 7 phones that were shipped since they went on sale two weeks ago, according to estimates compiled by Bloomberg. Bloomberg's Juliette Saly reports on "Daybreak Asia." (Source: Bloomberg)
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China Government Taking on More Risk, Says Darby
42:56 - Sean Darby, and Julia Coronado, president and founder at Macropolicy Perspectives LLC, examine China's economy as S&P downgrades the nation's sovereign credit rating. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)