Why Did India Scrap $753M Helicopter Contract?

Jan. 2 (Bloomberg) -- India scrapped a $753 million deal to buy helicopters from Anglo-Italian company AgustaWestland following a corruption investigation and said it appointed an arbitrator to protect the government's interests. Zeb Eckert has more on Bloomberg Television's "First Up." (Source: Bloomberg)

Key Takeaways From Janet Yellen's Comments
12:25 - Federal Reserve Chair Janet Yellen suggested the central bank might delay, but not abandon, planned interest-rate increases in her presentation of the Fed's semi-annual economic report to Congress. Bloomberg's Carl Riccadonna reports on "What'd You Miss?" (Source: Bloomberg)
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