N.Y. Court Rules Towns Have Right to Block Fracking

June 30 (Bloomberg) -- Bloomberg’s Betty Liu reports that New York State’s highest court ruled that towns and cities can block hydraulic fracturing within their borders, upholding a six-year-old statewide moratorium on the practice. She speaks on “In The Loop.”

Bill Gross, Pimco Said to Settle Suit Over His Departure
02:11 - Bill Gross and Pacific Investment Management Co. are reported to have settled a breach of contract suit filed in 2015 by Gross after his ouster from the company the previous year. Bloomberg's Vonnie Quinn reports on "Bloomberg Markets: European Close." (Source: Bloomberg)
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