Citigroup May Book $6B Charge on Smith Barney

Aug. 7 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Citigroup may take up to a $6 billion charge this quarter as it writes down the value of the Smith Barney venture, the Aussie dollar climbs to a four-month high against the dollar and Apple will drop Google's YouTube from the next version of the operating system for the iPhone and iPad. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Malaysia Shuts School on Unhealthy Haze Concerns
53:15 - Malaysia will shut most schools down for two days, starting today as air quality reached levels that the government deems very unhealthy. Bloomberg's Haslinda Amin reports on "Trending Business." (Source: Bloomberg)
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