Luxury Crackdown Spurs Fashion Rentals in China

Aug. 25 (Bloomberg) –- Buying luxury in China is fast becoming a hunting ground for the bargain hunters. The ENORMOUS appetite remains, yet the internet is muscling in on the high street with heavy discounts. And if you don't want to BUY, you can RENT at a fraction of the price. Bloomberg's John Dawson has the story. (Source: Bloomberg)

Exchange Income CEO Fights Back Against Short Seller
43:42 - Exchange Income released its second-quarter results three weeks in advance in order to dispel some of the negative sentiment after short-seller Marc Cohodes targets the company. Double-digit earnings and revenue growth, however, weren’t enough to soothe investors. CEO Mike Pyle joins Bloomberg TV Canada's Lily Jamali to defend his company from short sellers' claims. (Source: Bloomberg)
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