Marriott's Sorenson on Emerging Market Growth, U.S.
Feb. 20 (Bloomberg) -- Arne Sorenson, chief executive officer of Marriott International Inc., talks about the company's expansion in emerging markets including Africa, Marriott's hotel under development in Kiev and the outlook for its U.S. business. He speaks with Trish Regan and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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Canada Banks See Mortgage Slowdown as Nation Taps Brakes
54:06 - With four of Canada’s biggest banks reporting second-quarter results, the trend shows decelerating growth in home loan portfolios and, in some cases, shrinkage. It’s a welcome sign for officials struggling to curb house prices in two of the nation’s largest cities. The easing follows federal government moves in October to tighten mortgage insurance rules and other measures while opening the door to shift risks of defaulting mortgages to banks. Bloomberg's Doug Alexander reports. (Source: Bloomberg)