Geithner Urges Congress to Act Fast on Debt Limit

Jan. 14 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner said so-called extraordinary measures the Obama administration is taking to avoid breaching the federal debt ceiling would work only until mid-February to early March and warned that a failure by Congress to raise the limit could “impose severe economic hardship” on the country. Peter Cook reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

FrontFour Nominates Granite Directors After Talks Fizzle
08:48 - Activist investor FrontFour Capital Group and its partner will nominate three directors to the board of Granite Real Estate Investment Trust after talks to implement changes at Canada’s largest industrial real estate landlord hit an impasse earlier this month. Bloomberg News' Scott Deveau reports. (Source: Bloomberg)
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