Neiman Marcus Said to Be Near $6B Sale

Sept. 9 (Bloomberg) -- Neiman Marcus, the luxury retailer that filed for an initial public offering in June, is close to an agreement to sell itself to Ares Management LLC and the Canada Pension Plan Investment Board for $6 billion, two people with knowledge of the matter said. Erik Schatzker reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Former Home Capital Brokers Penalized in First Crackdown
52:09 - A Canadian regulator said it disciplined two mortgage brokers who funneled business to Home Capital Group Inc., marking the first disclosure of action taken against dealers who submitted fraudulent loan applications to the embattled mortgage lender. Bloomberg's David Scanlan reports. (Source: Bloomberg)
  • Fighting Back Against Hidden Investment Fees
  • Bringing Higher Education to Every Corner of the Globe
  • Unmanned Drones Take Flight in Israel