LeFrak CEO Says Oil Business Has Turned Into Mining

Richard LeFrak, chairman and chief executive officer at LeFrak Organization, discusses his company's energy and oil investments and his cut off prices for oil and natural gas drilling. He speaks with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Philippine's Dominguez Says Infrastructure to Boost GDP
01:44 - Economic growth in the Philippines is already among the highest in the world. GDP data released later may show acceleration in the second quarter. Economists we surveyed say growth probably exceeded 6.4% in the previous three months. Finance Secretary Carlos Dominguez says the economy is in a sweet spot. (Source: Bloomberg)
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