Sears’s Lampert to Take Over, D’Ambrosio Resigns

Jan. 8 (Bloomberg) -- Sears Holdings Corp. said Lou D’Ambrosio is stepping down as chief executive officer and Chairman Edward Lampert will take over the job as the billionaire hedge fund manager works to revive the retailer. Sheila Dharmarajan reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Middle East: What You Need to Know for May 30
53:04 - Bloomberg's Tracy Alloway gives you the top First Word headlines on "Bloomberg Markets: Middle East." Watch continued coverage on Bloomberg Television for more on issues surrounding oil, investment, and markets. (Source: Bloomberg)
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  • Saudi Arabia's Foreign Assets Below $500 Billion
  • Ties With Iran Spark Dispute in Gulf