Macy's, Target Miss Estimates as June Sales Wane

July 5 (Bloomberg) -- Bloomberg's Sheila Dharmarajan reports that Target Corp. and Macy’s Inc. posted June same-store sales that trailed analysts’ estimates as consumer confidence in the U.S. cooled and retailers focused on clearing inventory before the back-to-school shopping season. She speaks on Bloomberg Television's "In The Loop."

American Airlines Said to Buy China Southern Stake
59:53 - American Airlines is in talks to acquire a stake in China Southern Airlines, according to a statement by Asia's biggest carrier by passengers. Former American Airlines Chairman and CEO Robert Crandall weighs in on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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