Welcome to the High-Tech Jail of the 21st Century

Oct. 1 (Bloomberg) -- The fifth-biggest jail in the United States has become the home to the most cutting edge energy technology in the world. California's Santa Rita detention facility has an $11.7 million dollar "Smart Grid" project that utilizes everything from fuel cells to robots to save tax payers $2.5 million annually. Bloomberg's Rachel Crane reports. (Source: Bloomberg)

PBOC Said to Plan Change in Yuan Fixing Formula
29:32 - China plans to change the way it calculates the yuan's daily reference rate against the dollar. Ernst & Young Senior Partner Keith Pogson weighs in and discusses his outlook for the IPO market on "Bloomberg Markets." (Source: Bloomberg)
  • China's GSR Capital Nears $1 Billion Nissan Deal
  • Hong Kong Fights Against Property Boom
  • Why China Developers Are Eying Heath Projects