Billionaire in Hot Water Over $2M in Bounced Checks

Vijay Mallya, the billionaire chairman of Kingfisher Airlines Ltd., may face arrest after failing to appear at a court hearing about the cash-strapped carrier bouncing checks.

Bill Gross Reacts to Fed Rate Decision, Policy Statement
22:04 - Bill Gross, the billionaire who manages funds for Janus Capital, comments on the Fed’s decision to leave interest rates unchanged while saying risks to the U.S. economy have subsided and the labor market is getting tighter. He speaks with Bloomberg’s Tom Keene on "Bloomberg Markets." (Source: Bloomberg)
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