Ferrari Plans to Cut Production to `Maintain Value'

Aug. 21 (Bloomberg) -- Ferrari SpA, whose line-up includes the 1 million-euro ($1.3 million) LaFerrari hybrid and F12berlinetta, plans to reduce deliveries by 400 cars this year to about 6,900 vehicles. Sara Eisen reports from Maranello, Italy, on Bloomberg Television's "On the Move." (Source: Bloomberg)

Why Airbnb Is Doubling Its Investment in China
25:06 - Airbnb is adopting the name “Aibiying” in China, one that translates as “welcome each other with love,” as it doubles investment in the country and triples its local workforce to serve the world’s largest population of travelers. Bloomberg's Brad Stone has more on "Bloomberg Technology." (Source: Bloomberg)
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