Here are the headlines from Tuesday's Bloomberg Market Report.
Summer travel plans are really heating up. More than two-thirds of consumers are planning a trip sometime in the next three months, which is a 17 percent jump over last year. The American Express Spending and Saving Tracker finds travelers are expecting to spend a lot as well at more than $1,100 per person.
Ahead of launching its radio service, sources tell Bloomberg that Apple is retooling how it sells mobile advertising. The company is reportedly shifting its ad focus to cater to businesses targeting customers listening to songs.
Oscar Mayer wants you to bring home the bacon this Father's Day. The food maker is offering three different bacon gift packs, ranging from $22 to $28. They feature slices of breakfast meat encased in a velvet jewelers box and your choice of a bacon money clip, bacon cufflinks, or a multi-tool with bacon engraving.