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)

CNPC Buys Stake in Abu Dhabi Oil Venture
51:52 - China National Petroleum Corp. bought a stake in Abu Dhabi’s largest oil concession as the Middle Eastern emirate with 6 percent of global crude reserves looks increasingly to Asia, its biggest market, for investment to raise output capacity. Bloomberg's Ramsey Al-Rikabi reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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