An analysis of the impact of market volatility on traders' earnings and the flat bonus pools for traders at JP Morgan Chase and Citigroup. It also explores the performance and potential growth of major banks and the hopes for an improvement in the IPO market.
Bloomberg News Chief Technology Correspondent Mark Gurman reports on Apple plotting a rescue mission for its $17 billion smartwatch business just days before a US ban commences due to Masimo Corp. arguing a patent infringement. Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow breaks down mixed results from FedEx earnings. Bloomberg News Finance Reporters Hannah Levitt and Katherine Doherty discuss Wall Street’s tepid bonuses for traders. Bloomberg Businessweek Editor Joel Weber and Businessweek Features Writer Ashlee Vance talk about Ashlee's Businessweek Magazine story Secret Longevity Lab Retro Biosciences Finally Opens Its Doors. Hosts: Tim Stenovec and Emily Graffeo. Producer: Paul Brennan.