Beydoun Sees `Great Opportunity' in Detroit Housing

Jan. 16 (Bloomberg) -- Sameer Beydoun, chief executive officer of Metro Property Group, talks to Bloomberg's Chris Christoff about his decision to leave New York City and invest in homes in Detroit. While private-equity firms such as Blackstone Group LP snap up foreclosed homes in California, Arizona and Florida, smaller investors have found bargain-basement bonanzas in Detroit. (Source: Bloomberg)

Philips CEO Sees First Quarter as Solid Start for Year
46:09 - Philips CEO Frans van Houten discusses the performance and earnings of the company and talks about his outlook for 2017. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)
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