Sears Shakeup Finds Lampert Taking Reigns as CEO

Jan. 8 (Bloomberg) -- Bloomberg's Sheila Dharmarajan and Betty Lu discuss Lou D’Ambrosio is stepping down as chief executive officer and Chairman Edward Lampert taking over the job as the billionaire hedge fund manager works to revive the retailer. They speak on Bloomberg Television's "In The Loop."

Ties With Iran Spark Dispute in Gulf
33:24 - A United Arab Emirates minister said Gulf Arab monarchies are going through a “severe” crisis, an apparent reference to a spat between a Saudi-led alliance and Qatar over ties with Iran. Bloomberg's Riad Hamade reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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