China Economic Growth May Continue to Slow

July 9 (Bloomberg) -- Yao Wei, Hong Kong-based China economist at Societe Generale SA, talks about the mainland's economic outlook. China’s inflation accelerated more than estimated in June as food prices climbed, while the decline in factory-gate prices extended its longest streak in a decade amid slowing economic growth and lower commodity costs. Yao speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

J.C. Penney Plans to Close as Many as 140 Stores
40:51 - J.C. Penney Co. announced plans to close as many as 140 stores as it attempts to cut costs and save $200 million per year. Bloomberg Intelligence's Poonam Goyal reports on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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