Anglo American Takes $4B Minas-Rio Writedown

Jan. 29 (Bloomberg) -- Bloomberg's Caroline Hyde reports that Anglo American Plc will write down $4 billion of the value of its Minas-Rio iron-ore project in Brazil and raise estimated spending a sixth time after expense blowouts forced Chief Executive Officer Cynthia Carroll to quit. She speaks on Bloomberg Television's "Countdown."

The LM Perpetual is MB&F's Most Ambitious Watch Yet
53:53 - Independent watch brand MB&F's latest creation is the LM Perpetual, a complicated perpetual calendar that showcases the unique mechanism powering the watch. Bloomberg Pursuit's Stephen Pulvirent has been finding out more.
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