Macy’s Delays Earnings After Worker Hid Millions in Expenses

Bloomberg Businessweek

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Bloomberg TV Anchor Romaine Bostick breaks down news that Macy's is delaying its third-quarter earnings release due to an investigation that found an employee hid over $100 million in expenses. Aaron Kennon, CEO at Clear Harbor Asset Management, discusses how Trump policies could impact the markets and investing. Meridith Dennes, Managing Partner at Prospect Rock Partners, shares her thoughts on trends, bonuses and hiring in investment banking. And we Drive to the Close with Jim Smigiel, Chief Investment Officer at SEI.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

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