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Baker Hughes Set to Invest More in Oil and Gas Production

Baker Hughes beats on earnings, sees outlook hold despite Mideast disruption. Lorenzo Simonelli, president and CEO of Baker Hughes, says the "outlook for the business fundamentals remains unchanged," excluding the ongoing impacts in the Middle East. He spoke with Dani Burger and Matt Miller on Open Interest.

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DOJ Dropping Powell Probe Is Step in Right Direction, French Hill Says

US Representative French Hill, chair of the House Financial Services Committee, discusses the recent decision by the Department of Justice to drop the criminal investigation into the Federal Reserve's building costs. Speaking on Bloomberg Television, Rep. Hill says the criminal probe was a distraction that could have delayed the appointment of a new Federal Reserve chair.

Leia mais: DOJ Dropping Powell Probe Is Step in Right Direction, French Hill Says
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DOJ Drops Powell Probe, Smoothing Path for Warsh to Fed

The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump's pick to be the next Fed leader. Bloomberg's Michael McKee breaks the news on "Bloomberg Intelligence."

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