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."
TPP Trade: Is It a Good Deal for the U.S.?
55:51 - U.S. Trade Representative Michael Froman weighs in on the proposed Trans-Pacific Partnership trade deal. He speaks on "Bloomberg Markets." (Source: Bloomberg)
  • Nasdaq Off Its Session Lows
  • Euro Market Movers: SABMiller, Volkswagen, Tesco
  • Tesla Downgraded, Stock Drops