European Union on Verge of First-Ever Budget Cut

Feb. 8 (Bloomberg) -- Bloomberg European Editor David Tweed reports that European Union leaders prepared the first-ever cuts in the bloc’s budget, bowing to U.K. Prime Minister David Cameron’s calls for austerity. He speaks on Bloomberg Television's "The Pulse."
Watch Toyota Turn Its Cars Into Co-Pilots
29:02 - Toyota has raised the stakes in the automated driving game, with a hands-free system that could be in your car by the end of the decade. Bloomberg News auto reporter Craig Trudell had a test-drive on the busy Tokyo Metropolitan Highway. (Source: Bloomberg)
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