Societe Generale Profit Falls 42% on Writedowns

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Aug. 1 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Societe Generale reports a 42 percent drop in profits, power has been restored in India after a second blackout hit the country yesterday and Twitter apologized for blocking the account of a journalist who complained about NBC's coverage of the Olympics. She speaks on Bloomberg Television's "Bloomberg Surveillance."