Wet Weather Stumps Carlsberg Sales in Europe

Carlsberg A/S, the biggest brewer in Russia, reported second-quarter profit that missed estimates as unseasonably wet weather stunted sales in Europe and the company increased advertising spending.

Crop Insurance: A Farmer's Last Hope in the Drought

Aug. 15 (Bloomberg) -- Bloomberg's Alix Steel reports from Iowa, where drought conditions have ruined 98 percent of the corn crop. She speaks on Bloomberg Television's "Lunch Money."

Multi-Billion Dollar Software Glitches: A Hit List

Aug. 15 (Bloomberg) -- Bloomberg's Cory Johnson reports on the history of software glitches in the financial services, retail and airline industries.