Street News: Madoff Plea, Goldman Sachs Job Cuts

June 29 (Bloomberg) -- Bloomberg's Scarlet Fu reports on today's top news including Colorado wildfires claim one life as they continue to grow, Congress finds Attorney General Eric Holder in contempt, Peter Madoff is set to plead guilty to fraud charges today for his part in Bernie Madoff's ponzi scheme and Goldman Sachs is set to cut dozens of jobs across the country. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Total Profit Beats Estimates
38:03 - Total SA posted a better-than-expected profit in the second quarter after production and refining surged, almost making up for a crude price slump. The shares rose the most in almost three weeks.
  • Have Twitter, Microsoft Lost Touch With Customers?
  • Bayer: MaterialScience Listing May Come Before Mid-2016
  • Oil Majors Facing 'Ugly Environment': Morilla-Giner