Pitt: Disclosure of Icahn Trade Probe `Problematic'

June 2 (Bloomberg) -- Former U.S. Securities and Exchange Commission Chairman Harvey Pitt talks about reports of an insider-trading probe involving billionaire investor Carl Icahn, golfer Phil Mickelson, and sports gambler William Walters. The Wall Street Journal reported May 30 that U.S. authorities are investigating trades related to Clorox Co. and Dean Foods Co. Icahn said he's not aware of any probe. Pitt speaks with Scarlet Fu, Tom Keene and Adam Johnson on Bloomberg Television's "Surveillance." (Source: Bloomberg)
Has China's Slowdown Infected Japan’s Production?
16:43 - Japan’s industrial production unexpectedly fell in July, sapping a rebound in the economy from a slump last quarter. Output fell 0.6 percent from June, when it increased 1.1 percent, the trade ministry said on Monday, compared with the median forecast for a 0.1 percent gain in Bloomberg survey. The world’s third-biggest economy is struggling to recover from a contraction, as slowing growth in China -- Japan’s biggest trading partner -- weighs on exports.
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