Jackson Hole Fed Fest, Save-A-Lot Debt Goes for Half Off, LaCroix and the Battle of the Bubbles

Bloomberg News International Economics & Policy Correspondent Michael Mckee checks in from the Jackson Hole Symposium and talks about his interview with Kansas City Fed President Esther George. Katherine Doherty, Bloomberg News High-Yield/Distressed Debt Reporter, explains how competition in the cutthroat grocery business is spoiling Onex Corp.’s 2016 purchase of Save-A-Lot Inc., with sales shrinking, leverage soaring and its debt sinking deep into distress. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Projects & Investigations Reporter Lauren Etter talk about the Businessweek cover story on LaCroix, the early darling of fizzy water that is losing ground to big soda, as shareholders question its management.And we Drive to the Close with Omar Aguilar, CIO of Equities at Charles Schwab Investment Management. Hosts: Jason Kelly and Peggy Collins. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.