Panasonic Projects $9.6B Loss, Surprise Sony Loss

Nov. 1 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Panasonic announced a projected $9.6 billion loss, Sony announces a seventh straight quarterly loss and Morgan Stanley and AIG are among Wall Street banks facing flooding problems. She speaks on Bloomberg Television's "Bloomberg Surveillance."

Oil Down for 3rd Week, OPEC Meets in Kuwait
36:27 - Oil headed for a third weekly drop this month, weighed down by record U.S. crude supplies while investors await a meeting between OPEC and its allies that may signal whether output curbs will be extended. Bloomberg's Yousef Gamal El-Din reports on "Bloomberg Markets." (Source: Bloomberg)
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