Behravesh on U.S. GDP, Fed Policy Outlook

July 27 (Bloomberg) -- Nariman Behravesh, chief economist at IHS Global Insight, talks about today's Commerce Department report on U.S. gross domestic product in the second quarter. GDP, the value of all goods and services produced, rose at a 1.5 percent annual rate after a revised 2 percent gain in the prior quarter. Behravesh, talking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for Federal Reserve monetary policy. (Source: Bloomberg)

Nestle Stake Finds Dan Loeb Pushing for L'Oreal Sale
32:42 - Daniel Loeb has amassed the largest bet of his career, a $3.5 billion stake in Nestle SA by Third Point LLC, urging the company to sell its stake in L'Oreal SA. Bloomberg Gadfly columnist Andrea Felsted and Bloomberg's Ed Hammond report on "Bloomberg Markets." (Felsted's opinions are her own.) (Source: Bloomberg)
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