Street News: Diamond on Libor, VW Buys Porsche

July 5 (Bloomberg) -- Bloomberg's Scarlet Fu reports on today's top news including Barclays' CEO Robert Diamond testifies before British lawmakers on Libor, VW buys the remaining portion of Porsche it did not own, President Obama begins a bus tour and Europe's tallest building opens in London. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Breaking Down Costco's Earnings and Sales Numbers
06:38 - Costco posted third-quarter profit that topped analysts’ estimates as sales gains outpaced those at discount rivals such as Wal-Mart. Bloomberg Intelligence's Poonam Goyal and Bloomberg's Matt Townsend report on “Bloomberg Markets.” (Source: Bloomberg)
  • Stocks Hovering at Lows of Session
  • Top U.S., Iran Leaders to Meet for More Nuclear Talks
  • Dick Fuld: Lehman Employes Owned 30% of Stock