Collection of Phone Data Defended by Lawmakers

June 6 (Bloomberg) -- The Republican and Democratic leaders of the Senate Intelligence Committee defended a secret Obama administration program collecting the telephone records of millions of U.S. residents, saying it was a critical tool to combat terrorism, even as other members of Congress condemned the surveillance as an intrusion on innocent Americans. Phil Mattingly reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Decision to Freeze Fund Has Been Vindicated: Richards
15:07 - M&G Investments will reopen its £4.5 billion property fund on November 4, Chief Executive Officer Anne Richards tells Francine Lacqua on "Bloomberg Surveillance." Funds investing in commercial property, including Standard Life Investments and a number of others, declared it had suspended U.K. Real Estate funds as people tried to get their money back following the Brexit vote. Several funds had shut the door to prevent unnerved customers forcing fire sales of offices, shopping malls and warehouses.
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