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."
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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)