FedEx's CEO `Cautiously Optimistic' on Fiscal Cliff

Dec. 6 (Bloomberg) -- Fred Smith, chief executive officer of FedEx Corp., talks about the U.S. economy and trade, federal budget negotiations between lawmakers and the likelihood that they'll be able to avert the so-called year-end fiscal cliff of automatic budget cuts and tax increases. Smith, speaking to the Economic Club of Washington, said he's "cautiously optimistic" that Republicans and Democrats will reach a deal. (Source: Bloomberg)

JPMorgan Says OPEC Needs to Address Global Excess
04:43 - JPMorgan Head of Regional Oil and Gas Scott Darling discusses his outlook for OPEC and talks about the price, production and inventories of oil. He speaks on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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