Texas Governor Rick Perry Calls Indictment `Farce'

Aug. 16 (Bloomberg) -- Texas Governor Rick Perry speaks at a news conference in Austin, vowing to fight an indictment against him, calling the charges stemming from a spending veto a politically motivated “farce of a prosecution.” Perry, a possible 2016 Republican candidate for the White House who leaves office in January after 14 years, was indicted yesterday on charges of abusing his powers by vetoing money for prosecutors who investigate public corruption. An arraignment date will be set next week, said Michael McCrum, the special prosecutor in the case. (Source: Bloomberg)
Starbucks Is Raising Its Prices Today
35:50 - Bloomberg’s Tom Keene, Brendan Greeley and Vonnie Quinn look at the Twitter question of the day. Douglas C. Lane Managing Director Sarat Sethi also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
  • What To Watch: Greek Crisis, China Rout, Iran Talks
  • Blanch: We Remain 'Negative' on Oil Prices in Short Term
  • El-Erian: Greece Has to Reopen the Banks