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January 16, 2017

01/16/2017: A $50 billion eyewear merger

4 CQ

Eyewear maker Luxottica — known for its Ray-Ban shades — is merging with lens maker Essilor to create a company worth $50 billion. We'll explore the future of the eyewear market and explain why a deal between these two types of companies is so unusual. Next, we'll talk about Amazon's job growth plans, and then look at how Los Angeles plans to allocate $1.2 billion of funds dedicated to the homeless.

Aired January 16, 2017

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