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Jan 13, 2018
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julia: this is bloomberg businessweek. ♪ julia: i'm julia chatterley. carol: i'm carol massar. looking for light at the end of tunnels in penn station. julia: how in army of robots may feed the world. carol: the number uber managers and call at the site of unwanted visitors. julia: still to come on bloomberg businessweek. ♪ julia: we are back with assistant managing editor jim ellis. we are looking at pursuits and the game changer to talk about the most intimidating tree hugger you have ever seen. quickt's an interesting profile of nichols as a welsh guy who has become very japanese and is a japanese citizen. he has lived there for millions of years and what he's tried to do is look for ways to protect japan's forests. when you think of japan, particular outside the series, you think it's a beautiful wooded place. what he discovered is that as people age there, a lot of farmers move on, more people move to cities, they are not protecting the wildlands as much as they used to. he took it upon himself as a way to do that. he bought 50,000 square kilometers and he uses it as a l
julia: this is bloomberg businessweek. ♪ julia: i'm julia chatterley. carol: i'm carol massar. looking for light at the end of tunnels in penn station. julia: how in army of robots may feed the world. carol: the number uber managers and call at the site of unwanted visitors. julia: still to come on bloomberg businessweek. ♪ julia: we are back with assistant managing editor jim ellis. we are looking at pursuits and the game changer to talk about the most intimidating tree hugger you have...
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Jan 20, 2018
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julia: i'm julia chatterley. you can listen to us on xm radio and also in new york, boston, washington, d.c. and the bay area. carol: and in london on dab and in asia on the bloomberg radio plus app. in the futures section, a look at the semi official music of drug cartels. julia: they are known as narcocorridos, and record label twins music group has made this pretty dark genre its speciality. carol: here is reporter david peiser. david: el komander is this guy named alfredo rios, and this guy has become a popstar. his claim to fame is singing these very violent narcocorridos. they are essentially mexican drug ballads. he sings songs about mexican drug cartels, drug activity among other things. he sings traditional romantic love songs as well. i guess his big claim to fame is that he really kind of -- narcocorridos have existed in mexican music for decades, but he really upped the ante and made them more violent, more graphic, and that is what made him famous. carol: right. you included some of the lyrics in you
julia: i'm julia chatterley. you can listen to us on xm radio and also in new york, boston, washington, d.c. and the bay area. carol: and in london on dab and in asia on the bloomberg radio plus app. in the futures section, a look at the semi official music of drug cartels. julia: they are known as narcocorridos, and record label twins music group has made this pretty dark genre its speciality. carol: here is reporter david peiser. david: el komander is this guy named alfredo rios, and this guy...
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Jan 13, 2018
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julia: this is bloomberg is a sweet. -- bloomberg businessweek. ♪ ♪ julia: i'm julia chatterley. carol: i'm carol massar. you can also listen to us on the radio on sirius xm and in new york, in boston, washington,, and a m naik 60 in the bay area. -- a.m. 960 in the bay area. julia: and uncovered a plus app. finland is looking for a way to tackle unemployment. carol: and carol: and they are experiencing with basic income. julia: 2000 unemployed fins are giving up paycheck with no strings attached. finally in 2016 in finland, got a call from her husband, she didn't believe him. talk to us about what happened. >> she was out of town and he was at home and got the mail. he says, you got this official looking letter from an institution in finland that runs their welfare benefits. you are in this basic income experience when you will get 560 euros a month for two years, no strings attached, and the government will study you and see what you do. she didn't believe him. it had then in the news so she knew what it was and they joked about it because it is a pool of people and it is like
julia: this is bloomberg is a sweet. -- bloomberg businessweek. ♪ ♪ julia: i'm julia chatterley. carol: i'm carol massar. you can also listen to us on the radio on sirius xm and in new york, in boston, washington,, and a m naik 60 in the bay area. -- a.m. 960 in the bay area. julia: and uncovered a plus app. finland is looking for a way to tackle unemployment. carol: and carol: and they are experiencing with basic income. julia: 2000 unemployed fins are giving up paycheck with no strings...
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Jan 6, 2018
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julia: and i'm julia chatterley. carol: in the politics section, the wave of antigovernment protests in iran. julia: and the men and women are largely from rural areas. carol: and their grievances stem from the cost of common items. movement cameeen from the disputed reelection of the then president. millions take to the streets and it was concentrated in the capital city of tehran and it was by and large being led by the upper class, who were reform minded. they wanted political reforms. what we are seeing right now, while you are seeing fewer people in the streets, it is more dispersed and it is concentrated in the outskirts of iran, not necessarily in tehran. you are seeing it in the smaller, midsized towns and it is really about the economy and how after the nuclear deal was tied, a lot was promised in terms of economic success and it has not necessarily been delivered and people are feeling it in their pockets and they are taking it to the streets. julia: we have all seen the headlines of spiking agricultural pr
julia: and i'm julia chatterley. carol: in the politics section, the wave of antigovernment protests in iran. julia: and the men and women are largely from rural areas. carol: and their grievances stem from the cost of common items. movement cameeen from the disputed reelection of the then president. millions take to the streets and it was concentrated in the capital city of tehran and it was by and large being led by the upper class, who were reform minded. they wanted political reforms. what...
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Jan 14, 2018
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julia: i'm julia chatterley. you can find us online at businessweek.com. carol: and our mobile app. this week,"bloomberg businessweek." is focused on solutions. julia: and what better place to look for a solution that between -- four solution -- for a solution between the united states and pakistan? carol: we talked to matthew philips about trump's recent threat to cut funding to the country. i feel like there are new targets to the trump administration. this time, pakistan. they are threatening to withdraw aid. >> trump has made no bones about what he feels about pakistan. he tweeted something fairly nasty about deceit and lies, despite the money he has given to pakistan. the length of the war on terror in august when he was announcing his new strategy in afghanistan, he went out of his way to call pakistan out and deliver them the ultimate insult as far as they are concerned, which is to ask india, their arch-nemesis for more help in afghanistan. this has always been a fraught, transactional relationship betwee
julia: i'm julia chatterley. you can find us online at businessweek.com. carol: and our mobile app. this week,"bloomberg businessweek." is focused on solutions. julia: and what better place to look for a solution that between -- four solution -- for a solution between the united states and pakistan? carol: we talked to matthew philips about trump's recent threat to cut funding to the country. i feel like there are new targets to the trump administration. this time, pakistan. they are...
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Jan 7, 2018
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julia: and i'm julia chatterley. we are here inside the magazine's headquarters in new york. carol: a graphic look at slaughterhouses. those workers at risk. a guy hit -- guide who will keep you traveling all year long. julia: all that ahead on bloomberg businessweek. ♪ carol: we are here with bloomberg editor-in-chief megan murphy and let's start with politics. i can't wait to see how the magazine covers everything in the world of politics in this year. you start here in our home front. domestic. member of the trump team, mike pompeo has had a good year. megan: he has had a good year. you pick out people of had good years. you have nikki haley who is the ambassador of the u.n. and you have mike pompeo, who is the director of the cia and those names have been mentioned as a potential successor to rex tillerson. our secretary of state has not had a good year and we will talk about his departure has cooled, there is a widespread feeling in washington elsewhere that his relationship with the president is not long-term. so mike pompeo has emerged as a personal favorite from the
julia: and i'm julia chatterley. we are here inside the magazine's headquarters in new york. carol: a graphic look at slaughterhouses. those workers at risk. a guy hit -- guide who will keep you traveling all year long. julia: all that ahead on bloomberg businessweek. ♪ carol: we are here with bloomberg editor-in-chief megan murphy and let's start with politics. i can't wait to see how the magazine covers everything in the world of politics in this year. you start here in our home front....
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Jan 21, 2018
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julia chatterley. carol: in the politics section, requiringill begin medicaid recipients to show that they are working. julia: we spoke to matthew phillips about how the plan my unfold and what maybe the outcome. >> it's long wanted to do in to shrink eligibility to medicaid and make it harder for the social safety net that exist for poor and low income americans. on january 12th, the trump administration gave states the authority to start experimenting with medicaid. however, they really want, they have to apply for waivers. that will include adding work requirements to that. day, they approved kentucky request to do just that. been pending since 2016. starting this coming summer in be the firsty will to requiree union medicaid recipients to prove that they are working and it's working, they are disabled or pregnant or volunteering or in school. julia: very briefly, who does then?ctually apply to excluded?will be the 53-year-old federal and state program that forimed providing insurance low income ame
julia chatterley. carol: in the politics section, requiringill begin medicaid recipients to show that they are working. julia: we spoke to matthew phillips about how the plan my unfold and what maybe the outcome. >> it's long wanted to do in to shrink eligibility to medicaid and make it harder for the social safety net that exist for poor and low income americans. on january 12th, the trump administration gave states the authority to start experimenting with medicaid. however, they really...
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Jan 20, 2018
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julia: i'm julia chatterley. carol: i'm carol massar. julia: in the economic section, the u k's opposition party, the labour party, has been socked out by fund managers, ceos and bankers over the past six months. the prospect of labor winning power is starting to overshadow brexit as the biggest wildcard for investors. julia: here is christina with more. mcdonnell is not your typical politician. he has been a veteran of labor and is a man who has waived the red book in debate in parliament and lists one of his interests as fermenting the overthrow of capitalism. >> that will sit well with everybody. talk about that, because business people, investors are more concerned about labor winning in the next election than they are about brexit. cristina: the parties performance in the snap election was a wake-up call to britain. carol: 40% of the vote. cristina: that's right, a high water mark that goes up to the 2000's. is theythe expectation have a good shot of winning the next election, whenever that happens. one is n
julia: i'm julia chatterley. carol: i'm carol massar. julia: in the economic section, the u k's opposition party, the labour party, has been socked out by fund managers, ceos and bankers over the past six months. the prospect of labor winning power is starting to overshadow brexit as the biggest wildcard for investors. julia: here is christina with more. mcdonnell is not your typical politician. he has been a veteran of labor and is a man who has waived the red book in debate in parliament and...
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Jan 12, 2018
01/18
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julia: and i am julia chatterley. gamestop is our stock of the hour, shares falling over 11% today, despite a bounce back in holiday sales. emma chandra is here with more. why the disappointment? emma: the prices have mostly benefited from an easy year ago comparable. this chart shows they had fallen % in the fourth quarter of the previous year, and the forecasts are not looking really good. they looked at full-year adjusted eps in the middle of its range, shorting analysts' estimates, and expecting a non-cash charge for the fourth quarter, and due to the longer upgrade cycle for a number of devices. we have seen analysts say the holiday sales look good, but overall, it does not look that good. and at loop capital, they cut their price target for gamestop. scarlet: emma chandra, thank you so much. you aree will miss you, glowing. you look amazing. scarlet: emma is going to take some time off to be a mommy. [laughter] scarlet: let's get you to the bloomberg business flash, a look at some of the biggest business stories
julia: and i am julia chatterley. gamestop is our stock of the hour, shares falling over 11% today, despite a bounce back in holiday sales. emma chandra is here with more. why the disappointment? emma: the prices have mostly benefited from an easy year ago comparable. this chart shows they had fallen % in the fourth quarter of the previous year, and the forecasts are not looking really good. they looked at full-year adjusted eps in the middle of its range, shorting analysts' estimates, and...
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Jan 19, 2018
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julia: i'm julia chatterley. shares of adt are falling after the company went public on the new york stock exchange earlier. owned by a cop -- they are owned by apollo global management and earned less money than expected in their ipo. .e spoke to adt ceo tim wall >> i think the cash for the business will really be what drives the investors. over time, i think this will be a great investment for people to look at. >> and what made them price a little bit below what you felt the company was value and what your bankers said the company was valued at? >> this was new for us. i'm coming out of a family company, and am honored to be here representing adt. we are not in this for a day trade kind of thing, this is a long-term play. i think when we get good performance, people will love what we do. >> you had a better year last year than the previous year. your bottom line was better. how do you turn that around? >> we have a chance to get back in the commercial space, which adt has a long history of. thewe introduced th
julia: i'm julia chatterley. shares of adt are falling after the company went public on the new york stock exchange earlier. owned by a cop -- they are owned by apollo global management and earned less money than expected in their ipo. .e spoke to adt ceo tim wall >> i think the cash for the business will really be what drives the investors. over time, i think this will be a great investment for people to look at. >> and what made them price a little bit below what you felt the...
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Jan 29, 2018
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julia: yeah. joe: in terms of the economic data, we got pretty solid data this morning on personal income and spending. what do you make of it in terms of what you are watching next and particularly the jobs report and what about that will you be paying attention to? joe: it is not even the -- ira: it is not even the headline numbers unless it comes out super weak. if you get a 200 number, that is fine. it is really the wage numbers. do we see the wage growth and income growth that we need to get the service sector inflation continuing to move higher? that has been what is missing from the recovery. service sector prices. wages being the largest component of the service sector are very important for that. you have seen those starting to climb, but it has been incremental and slow. scarlet: bloomberg intelligence's chief strategist i richardra jersey. some news from bloomberg crossing the terminal. we have michael dell ready to bring all the pieces of his tech empire under one publicly-traded roof.
julia: yeah. joe: in terms of the economic data, we got pretty solid data this morning on personal income and spending. what do you make of it in terms of what you are watching next and particularly the jobs report and what about that will you be paying attention to? joe: it is not even the -- ira: it is not even the headline numbers unless it comes out super weak. if you get a 200 number, that is fine. it is really the wage numbers. do we see the wage growth and income growth that we need to...
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Jan 5, 2018
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julia? julia: thank you, mark. let's turn to the december jobs report, the u.s. economy added 148,000 jobs in december, which was lower than forecast. the employment rate held steady at 4.1%, and annual wage growth met estimates that 2.5%. stocks rallying today on the news. running is now is the chief u.s. economist for bloomberg economics. carl, the president called the jobs number "very good," you call it tepid. explain. was on theinly, it low end of the range forecast submitted to bloomberg. it was weaker than most analysts were anticipating. however, there was some green beneath the surface here. when we look at the sources of the weakness, it was all in the private service actor. toseemed -- sector, related those categories that get a big lift around the holiday shopping season, like trade, transportation, and retailing. those categories all had a strong performance in november, -- stole someold of the momentum out of december. this means we should probably see some normalization heading into the first part of
julia? julia: thank you, mark. let's turn to the december jobs report, the u.s. economy added 148,000 jobs in december, which was lower than forecast. the employment rate held steady at 4.1%, and annual wage growth met estimates that 2.5%. stocks rallying today on the news. running is now is the chief u.s. economist for bloomberg economics. carl, the president called the jobs number "very good," you call it tepid. explain. was on theinly, it low end of the range forecast submitted to...
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Jan 2, 2018
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julia: exactly. we are continually speculating about where amazon will go next to do you lump this into that pile? >> i do. whole foods got wall street's imagination running wilde p are we did not think before this that amazon would make these deals big. this shows they are willing to buy retail growth to a certain extent and more importantly, it proves they are interested in brick-and-mortar to an extent we did not know before. prior to the home -- whole foods deal, they had a dozen of them or something. i think now wall street is getting really imaginative. scarlet: thank you so much, sarah halzack. julia, do we have breaking news? we were going to tell you about sarah huckabee sanders and her news conference. julia: first of the year, we were looking at the headlines, the u.s. will continue maximum pressure on north korea. a situation they're very much being focused on and as far as iranian sanctions are concerned, the u.s. is keeping all options open. we will continue to follow comments on the br
julia: exactly. we are continually speculating about where amazon will go next to do you lump this into that pile? >> i do. whole foods got wall street's imagination running wilde p are we did not think before this that amazon would make these deals big. this shows they are willing to buy retail growth to a certain extent and more importantly, it proves they are interested in brick-and-mortar to an extent we did not know before. prior to the home -- whole foods deal, they had a dozen of...
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Jan 17, 2018
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julia: thank you. coming up, bank of canada's governor talks about the decision to raise interest rates and the impact of nafta negotiations. from new york, this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. the is senator jeff flake says president trump is in bolding authoritarian leaders around the world by dismissing media coverage of his administration as fake news. in a speech today, flake urged his colleagues to stop supporting what he calls "these attacks on the truth." "enemy of the people" is how the united states called the free press in 2017. mr. president, it is a testament to the condition of
julia: thank you. coming up, bank of canada's governor talks about the decision to raise interest rates and the impact of nafta negotiations. from new york, this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store...
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Jan 17, 2018
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i'm julia chatterley. apple says it will bring hundreds of billions overseas dollars back to the united states. it also plans to pay $38 billion in taxes on the money and invest in domestic jobs in manufacturing. we are joined by gene munster, who joins us on the phone. they say they'll will pay the $38 billion worth of taxes and a provision for that, but what do you make of the $30 billion investment over the next five years? how significant is that? gene: they have money to pay for it, so they would have spent $80 billion in repatriating all of this money. but because of the tax holiday, they will only be spending $30 billion. one way to think about this is they have $50 billion in free money they are putting to work. tothey have plenty of money be making this investment. so the right thing for apple to , clearly the right thing. this is probably 80% -- 80% of is reason of them doing this because it is good for apple, 20% because it is for political reasons. scarlet: what are they going to use that money
i'm julia chatterley. apple says it will bring hundreds of billions overseas dollars back to the united states. it also plans to pay $38 billion in taxes on the money and invest in domestic jobs in manufacturing. we are joined by gene munster, who joins us on the phone. they say they'll will pay the $38 billion worth of taxes and a provision for that, but what do you make of the $30 billion investment over the next five years? how significant is that? gene: they have money to pay for it, so...
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Jan 4, 2018
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julia, back to you. julia: still ahead, job stay is tomorrow. our guest is deutsche bank's chief international economist. from new york, this is bloomberg. ♪ with i'm mark crumpton first word news. the white house is taking exception to questions about president trump's mental fitness for office, issue raised by steve bannon in the soon to be released book fire and fury inside the white house by author michael wolff. sanders responded to the quote that benin had "lost his mind." was unfit he would not be sitting there having defeated the other candidates. this is an incredibly strong and good leader. that's why we've had such a successful 2017. thatmanitoba caller nothing will ever come between us and president trump and his agenda. meantime the president's attorney sent a cease-and-desist letter to michael wolff and the book's publisher seeking to halt the books released next week. the justice department has issued a memo resending an obama era policy that helps state
julia, back to you. julia: still ahead, job stay is tomorrow. our guest is deutsche bank's chief international economist. from new york, this is bloomberg. ♪ with i'm mark crumpton first word news. the white house is taking exception to questions about president trump's mental fitness for office, issue raised by steve bannon in the soon to be released book fire and fury inside the white house by author michael wolff. sanders responded to the quote that benin had "lost his mind." was...
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Jan 3, 2018
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julia? julia: coming up, we are flying high with expedia, our stop of the hour -- stock of the hour just upgraded bank of america. rating?behind the buy will tell you next. this is bloomberg. ou next. this is bloomberg. julia: this is bloomberg markets, i'm julia chatterley. scarlet: i'm scarlet fu. thea: time for our stock of hour, expedia trading after being upgraded by bank of america to a buy. why now? >> they have upgraded it to a buy, and are saying there is a three-year opportunity. they are also talking about priceline, because they are reducing their exposure, that could help expedia. let's call this what it really is -- at least in my view. shares plunged in october, they put up a terrible quarter, and also guided to a really weak guidance performance -- take a look, 18% is really ugly. that guidance means we could be looking at a low bar quarter, thatnumbers are so low there are achievable might be beatable. scarlet: you mentioned priceline. how does that fix in here -- fit in her
julia? julia: coming up, we are flying high with expedia, our stop of the hour -- stock of the hour just upgraded bank of america. rating?behind the buy will tell you next. this is bloomberg. ou next. this is bloomberg. julia: this is bloomberg markets, i'm julia chatterley. scarlet: i'm scarlet fu. thea: time for our stock of hour, expedia trading after being upgraded by bank of america to a buy. why now? >> they have upgraded it to a buy, and are saying there is a three-year...
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Jan 10, 2018
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julia: i am julia chatterley. welcome to "bloomberg markets." ♪ we are live at the bloomberg world headquarters in new york over the next hour. here are the top stories we are covering. getting setump is to hold a joint news conference for the prime minister of norway. what will they say about the future of nato, and their views on energy markets? and what he wants for the tech giants. why a fix has been so long in coming up. we are one hour from the close of trading in the u.s.. julie hyman is taking a look at markets. there is breaking news on nafta. julie: first the currency side of the picture. officials declined to say whether the chances of that withdrawal notice is more than 50%. officials are speaking on the condition of anonymity. nafta talks were set to resume in montreal on january 23. there is a spike in the u.s. dollar, versus the canadian currency. also seeing a move in the mexican peso. this is the dollar versus the peso. we are seeing in companies that have relationships that are across the borde
julia: i am julia chatterley. welcome to "bloomberg markets." ♪ we are live at the bloomberg world headquarters in new york over the next hour. here are the top stories we are covering. getting setump is to hold a joint news conference for the prime minister of norway. what will they say about the future of nato, and their views on energy markets? and what he wants for the tech giants. why a fix has been so long in coming up. we are one hour from the close of trading in the u.s.....
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Jan 8, 2018
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julia: 30 go. scarlet: -- julia: there you go. scarlet: we will tell you about a marijuana focused etf that is really lit. julia: 90 minutes on your phone is more than enough. this is bloomberg. ♪ scarlet: the largest marijuana fortune is rolling in green. julie: gnome or ponds. -- ns.: no more pu scarlet: they have been on a high. let us ask stephen hawkins. great to have you here with us. clearly, there's a lot of confusion right now over the status of marijuana. medicinal, recreational in the united states. let us begin with the legal landscape and canada, where your etf is listed. the federal government intends to legalize recreational marijuana by july. when he before then and what does it mean for your etf? >> much like in the u.s., there are different governments but federal is that overriding regime. medical marijuana has been approved for many years now so we have many medical marijuana producers and canada. it is those reducers that will be providing the marijuana underlying product to the recreational once it comes al
julia: 30 go. scarlet: -- julia: there you go. scarlet: we will tell you about a marijuana focused etf that is really lit. julia: 90 minutes on your phone is more than enough. this is bloomberg. ♪ scarlet: the largest marijuana fortune is rolling in green. julie: gnome or ponds. -- ns.: no more pu scarlet: they have been on a high. let us ask stephen hawkins. great to have you here with us. clearly, there's a lot of confusion right now over the status of marijuana. medicinal, recreational in...
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Jan 16, 2018
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julia -- julia: speaking of banks, we will talk about the opportunities in the community bank. ♪ julia: welcome to "bloomberg markets." ♪ we are live and bloomberg world headquarters in new york over the next hour. we take a look at the u.s. ending season. look at to the rest of the week with a senior portfolio manager troy. it big investment from our interview with executive chairman will forward. results of the commander-in-chief, the first exams and sticking office. julie hyman, julie. julie: from records early this morning and now all major 26,000s in the dow, earlier in the session up as much as 1.1%. is down.q take a look throughout the session. hitting the gain of 280 points. finally went negative to just about a half hour ago. of the catalyst for the downturn, you can find the same reason it was going up. some sort of shift in sentiment. typically, what this indicates is momentum. since reached the highest 1971 which indicates we are at an extraordinarily overbought .evel of u.s. stocks it is not mean it cannot stay at that level. it has been above it, but finally, something
julia -- julia: speaking of banks, we will talk about the opportunities in the community bank. ♪ julia: welcome to "bloomberg markets." ♪ we are live and bloomberg world headquarters in new york over the next hour. we take a look at the u.s. ending season. look at to the rest of the week with a senior portfolio manager troy. it big investment from our interview with executive chairman will forward. results of the commander-in-chief, the first exams and sticking office. julie...
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Jan 9, 2018
01/18
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julia: i'm julia chatterley. in south korea the bitcoin craze has spread so far that the cryptocurrency prices in the country are 43% higher than those in the united states. for more on what the locals are called the kimchi premium we are joined by julia. simply isn't that kind of market. why does this premium exists? >> it would be perfect. if you can buy something at store asked and sell it at store , it's amazing. but it's not so easy with south korea. constantly been this major gap in terms of how much its trading for on the exchanges over there. and the gap hasn't closed so we started into looking why aren't traders taking advantage of this. different exchanges shutting down and you can get your money out and it's -- with arbitrage it happens almost instantly. you could buy it at 15000 and an hour later it's at 14000 and you still don't have your money out. you've completely lost what you would have pocketed. find isg that we did there's a few different exchanges in south korea and there will often be a diff
julia: i'm julia chatterley. in south korea the bitcoin craze has spread so far that the cryptocurrency prices in the country are 43% higher than those in the united states. for more on what the locals are called the kimchi premium we are joined by julia. simply isn't that kind of market. why does this premium exists? >> it would be perfect. if you can buy something at store asked and sell it at store , it's amazing. but it's not so easy with south korea. constantly been this major gap in...
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Jan 4, 2018
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i'm julia chatterley. joe: if you're just tuning in live on twitter, welcome to our closing bell coverage every weekday from 4:00 to 5:00 p.m. eastern. scarlet: let's begin with the market minute, we're between 5000 for the first time ever in the dow industrials. record highs once again. dayit's the third straight of record highs on the third trading day of 2018. of course financials are leading the way as well. green all around. let's start with the red. let's talk about sprint. tough times ahead for sprint because the company had hired industry veteran michael combs to help revive the company, which is still dealing with the collapse of its deal talks with t-mobile in november. the stock falling as much as 6.8%. lower.ds also they reported disappointing same-store sales for the month of december. forecast alsoofit missing estimate. tesla only off by .8%, all things considered. investors still giving e.on most -- elon musk the benefit of the doubt. about jeffking sessions in the federal government plan be
i'm julia chatterley. joe: if you're just tuning in live on twitter, welcome to our closing bell coverage every weekday from 4:00 to 5:00 p.m. eastern. scarlet: let's begin with the market minute, we're between 5000 for the first time ever in the dow industrials. record highs once again. dayit's the third straight of record highs on the third trading day of 2018. of course financials are leading the way as well. green all around. let's start with the red. let's talk about sprint. tough times...
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Jan 5, 2018
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julia: what'd you miss? more salt on the wound for taxpayers. states like new york, new jersey, and california have been forced to circumvent state and local tax deductions. gary cohn told bloomberg tv this morning that the federal government will be collecting on that revenue, regardless of what the individual states try to do. >> i understand what they are trying to do for their cities and states, and taxpayers. we still have to collect revenue, so we are going to have to evaluate what decisions they make in terms of what it does for overall collections at the federal level and tax system. julia: with us is bloomberg white house editor alex rain. my first question should be how are they going to do that? can you take us through the options that these states are throwing around? one was paying property taxes early for 2018, that have already happened in a lot of places. a lot of people went to their local governments in december and figured out how they could get a check to them in 2017 to cover 2018 proper
julia: what'd you miss? more salt on the wound for taxpayers. states like new york, new jersey, and california have been forced to circumvent state and local tax deductions. gary cohn told bloomberg tv this morning that the federal government will be collecting on that revenue, regardless of what the individual states try to do. >> i understand what they are trying to do for their cities and states, and taxpayers. we still have to collect revenue, so we are going to have to evaluate what...
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Jan 8, 2018
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julia: kaylee? >> a protest land for tonight where president trump is expected to attend the college football playoff title game. the atlanta branch president said the group is urging people to wear white to the game and wave white towels to mock the snowflake label trump supporters used to describe opponents. another demonstration will be planned before the game. tom steyer will put $30 million in two this year's election but won't be running himself. he wants to focus on ending republican control of the house of representatives. he has donated $100 million to political campaigns. the supreme court has left intact a law that curbs gay rights. businesses and government workers can refuse to provide services to gay and transgender people on religious grounds. an appeals panel found the law challengers failed to show it would harm the 02 bt community. the appellate judges did not rule on the laws substance. refuse to clerk who chris -- issue marriage licenses is running for a second term. kim davis ca
julia: kaylee? >> a protest land for tonight where president trump is expected to attend the college football playoff title game. the atlanta branch president said the group is urging people to wear white to the game and wave white towels to mock the snowflake label trump supporters used to describe opponents. another demonstration will be planned before the game. tom steyer will put $30 million in two this year's election but won't be running himself. he wants to focus on ending...
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Jan 19, 2018
01/18
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julia: live from bloomberg world headquarters in new york, i'm julia chesley. scarlet: i'm scarlet fu. joe: i'm joe weisenthal. the 10 year yield touching a three-year high. what'd you miss? the clock is ticking to cobble together a short-term spending bill, president trump reaching across the aisle, but disagreements remain. democrats are standing firm on their demands. tom perez of the democratic national committee joins us in minutes. a scorecard of the first year in office through the etf. what'd you miss? possible progress on a last-minute deal to avert a shutdown. chuck spoke with reporters after returning from a meeting at the white house with the president. >> we had a long and detailed meeting. we discussed all the major outstanding issues. we made some progress but we still have disagreements. the discussions will continue. scarlet: on capitol hill with the latest, senator schumer said we made some progress. what does that look like? >> no breakthroughs at this point. the main issues remain, how to fund the government in terms of what number there sho
julia: live from bloomberg world headquarters in new york, i'm julia chesley. scarlet: i'm scarlet fu. joe: i'm joe weisenthal. the 10 year yield touching a three-year high. what'd you miss? the clock is ticking to cobble together a short-term spending bill, president trump reaching across the aisle, but disagreements remain. democrats are standing firm on their demands. tom perez of the democratic national committee joins us in minutes. a scorecard of the first year in office through the etf....
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Jan 3, 2018
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julia: like what? rob: there's nothing worse than sitting -- i don't want to pick on a particular restaurant, but let's say that you are sitting at cheesecake factory and they have a big menu and you order something that you don't particularly need what would enjoy having, you've got to cut all of those things out. scarlet: you also say cut out certain meals. not just portions, but remove a meal entirely? rob: some folks talk about relatively extreme fasting were you go maybe a day without food, but i would say that look, if i'm going to have a big dinner out with friends, i certainly might skip lunch before or maybe breakfast the next morning depending on how things shake out. i break bread three times a day those days, but if i know i am going to have a splurge, that's ok, just budget for it. julia: eat when you are hungry. four years in, you are maintaining it. congratulations. rob: thank you. rob arnett, "bloomberg intelligence" senior intelligence analyst. julia: cheesecake factory? scarlet: you h
julia: like what? rob: there's nothing worse than sitting -- i don't want to pick on a particular restaurant, but let's say that you are sitting at cheesecake factory and they have a big menu and you order something that you don't particularly need what would enjoy having, you've got to cut all of those things out. scarlet: you also say cut out certain meals. not just portions, but remove a meal entirely? rob: some folks talk about relatively extreme fasting were you go maybe a day without...
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Jan 10, 2018
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this is bloomberg. ♪ julia: i am julia chatterley. what'd you miss? -- i have to show you this chart. two different indices were put together. the oligarch index, the company's trump likes. then, the drain the swamp index, the blue line, the company's trump trashed, disparaged, or threatened. point, the oligarch index was trouncing the drain the swamp index, 15.8%. now look at it. past 12 months. the oligarch index has gained 19.5%. 42.5%.he swamp, buy.e president hates it, joe: who is in the swamp? scarlet: the tech companies. the market closes next. this is bloomberg. ♪ julia: what did you miss? treasury.ild day for m julia chatterley. flu --: i am scarlet scarlet fu shery. you could say stocks are taking a good of a break after a relentless uptrend. the dow is up by 15 points. we have seent record high for the s&p 500. modestare looking at losses. : modest losses to say the least. scarlet: let's talk about individual things here. getting a boost after the islines upgraded, and united out for the fourth quarter. sears holdings is up because of new
this is bloomberg. ♪ julia: i am julia chatterley. what'd you miss? -- i have to show you this chart. two different indices were put together. the oligarch index, the company's trump likes. then, the drain the swamp index, the blue line, the company's trump trashed, disparaged, or threatened. point, the oligarch index was trouncing the drain the swamp index, 15.8%. now look at it. past 12 months. the oligarch index has gained 19.5%. 42.5%.he swamp, buy.e president hates it, joe: who is in the...
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Jan 2, 2018
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. ♪ julia: live from bloomberg's world headquarters in new york, i am julia chatterley. scarlet: i am scarlet fu. joe: i am joe weisenthal. julia: we are 30 minutes from the close of trading. joe: the question is, what'd you miss? scarlet: senator orrin hatch, the longest serving republican senator in u.s. history to retire at the end of his term. how much will the economy grow now that the tax cut is a done deal? thiel reportedly bitcoin,bank on criminals are loading up on a privacy coin called manero. julia: we are back. i am so excited. the republican party is about to light up in utah. sender hatch has held office hase 1976 -- senator hatch held office since 1976 and will not seek reelection. this could open for a move for mitt romney to submit his bed. -- his bid. reactll president trump with having to share washington with his old foe? give us the details on this. we were talking earlier about tensions between mitt romney and the president between the election campaign. would it really be a problem, going forward? mitt romney and president trump have been at logger
. ♪ julia: live from bloomberg's world headquarters in new york, i am julia chatterley. scarlet: i am scarlet fu. joe: i am joe weisenthal. julia: we are 30 minutes from the close of trading. joe: the question is, what'd you miss? scarlet: senator orrin hatch, the longest serving republican senator in u.s. history to retire at the end of his term. how much will the economy grow now that the tax cut is a done deal? thiel reportedly bitcoin,bank on criminals are loading up on a privacy coin...
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Jan 31, 2018
01/18
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i am julia chatterley. scarlet: and i am scarlet fu. -- and if you are tuning in from twitter, we welcome you. we begin with the market minute. looks at what cap the third day declines of u.s. stocks, but low and behold we finish in the green. of 2018 great selloff at least for now has taken a break. scarlet: it may even be over. eye onkeeping an facebook and microsoft before they report results. we are looking at other companies making big moves. broadcom surging after an upbeat earnings outlook. expect up 40% from the year earlier and topping average analyst estimates. ea and activision higher after activision its -- should say said the fiscal year forecast the analyst at summits -- estimates. over 3%. square moving another company jumping on the cryptocurrency bandwagon. joe: even though bitcoin is fading, companies associated with it doing well. let's look at the bond market, not a ton of action on the surface with a two-year yield inching a little bit. ending flat but it was a back and forth day. we we
i am julia chatterley. scarlet: and i am scarlet fu. -- and if you are tuning in from twitter, we welcome you. we begin with the market minute. looks at what cap the third day declines of u.s. stocks, but low and behold we finish in the green. of 2018 great selloff at least for now has taken a break. scarlet: it may even be over. eye onkeeping an facebook and microsoft before they report results. we are looking at other companies making big moves. broadcom surging after an upbeat earnings...
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Jan 21, 2018
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but julia sand did not share that pessimistic view. she went on. but making a man president can change him, she declared. great emergencies awaken generous traits which have lain dormant half a life. if there is a spark of true nobility in you, now is the occasion to let it shine. faith in your better nature forces me to write to you. but not to beg you to resign. do what is m difficult and more brave. reform. it is not the proof of highest goodness never to have done wrong, but it is the proof of it sometime in one's career to pause and ponder, to recognize the evil, to turn resolutely against it and devote the remainder of one's life to that only which is pure and exalted. such resolutions of the soul are not common. no step towards them is easy. in the humdrum drift of daily life, they are impossible. but once in a while there comes a crisis which renders miracles feasible. the great tidal wave of sorrow which has rolled over the country has swept you loose from your old moorings and set you on a mountaintop alone. the reform that julia sand was
but julia sand did not share that pessimistic view. she went on. but making a man president can change him, she declared. great emergencies awaken generous traits which have lain dormant half a life. if there is a spark of true nobility in you, now is the occasion to let it shine. faith in your better nature forces me to write to you. but not to beg you to resign. do what is m difficult and more brave. reform. it is not the proof of highest goodness never to have done wrong, but it is the proof...
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Jan 18, 2018
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julia? julia: 2017 was a turbulent year for uber. but before all of those scandals, uber already had a major problem. former c.e.o. travels kalnick the latest issue of bloomberg's "newsweek," has more. the author of this story joins us now. this is a fascinating story, eric. talk to us about the cultural issues your story pinpoints came from the c.e.o. and the problems that created. >> we paint the picture of this meeting with kalanick's top executives, they have the results of a reputation survey which found that, you know, at the time, sort of the average person had a good image of uber but if they've heard of travels kalanick, they had a decidedly negative one. his reputation and the company's culture was hurting the company's image. while he was in that meeting, bloomberg, we posted video of travels arguing with his driver and you know, travels, you know, recognized this is bad. and sort of, you know, squirms on the floor and is just sort of profoundly uncomfortable with the image he's presenting and it just sort of speaks to how
julia? julia: 2017 was a turbulent year for uber. but before all of those scandals, uber already had a major problem. former c.e.o. travels kalnick the latest issue of bloomberg's "newsweek," has more. the author of this story joins us now. this is a fascinating story, eric. talk to us about the cultural issues your story pinpoints came from the c.e.o. and the problems that created. >> we paint the picture of this meeting with kalanick's top executives, they have the results of...
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Jan 9, 2018
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julia: what'd you miss? the people's bank of china surprised the market today, by trump -- by removing a hurdle to the influence of market forces. the central bank governor is approaching its end. long-term reforms are looking to get back on track. joining us is bloomberg's chief economist. great to have you on the show. is this progressing with reforms, or is this an opportunistic move, based on market conditions? it is removing a hurdle, instituting back in the days when the central bank devised different instruments to support the market. but now the market has calmed and there has been an appreciation pressure. the central bank is looking to unwind those measures, which is helping to trade in a more free fashion. this is the second time this that the 50 level has been approached versus the dollar. happened, thethis central bank moved a requirement to forward trading. the central bank is thinking 50 might be a level that is too strong and may not wanted to go to much beyond that. could also say 6.5% is th
julia: what'd you miss? the people's bank of china surprised the market today, by trump -- by removing a hurdle to the influence of market forces. the central bank governor is approaching its end. long-term reforms are looking to get back on track. joining us is bloomberg's chief economist. great to have you on the show. is this progressing with reforms, or is this an opportunistic move, based on market conditions? it is removing a hurdle, instituting back in the days when the central bank...
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Jan 30, 2018
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julia: we do our best. you don't mention some skepticism throughout the polls here which is interesting. we will talk to you about this again. chris krueger. and be sure to tune in tonight for our special coverage of president trump's first state of the union address beginning at 9:00 p.m. eastern time. >> i love how our guests today have said -- the start to the year for m&a since 2000. jpmorgan's global chairman of .&a from new york, this is bloomberg. ♪ scarlet: i am scarlet folk -- scarlet fu. julia: with insight and analysis on the sector, joining us now is bloomberg reporter, ed. m&a.port jpmorgan's over 25 years of experience on wall street during the time he has worked on a number of industry defining deals like fox, at&t, time warner. a work in progress there. great to have you. while we have got you, we have to talk about the news of the week thus far. jamie dimon will stay on for another five years. we have a sense of succession plan as well. is a really years long time in jpmorgan's history. >
julia: we do our best. you don't mention some skepticism throughout the polls here which is interesting. we will talk to you about this again. chris krueger. and be sure to tune in tonight for our special coverage of president trump's first state of the union address beginning at 9:00 p.m. eastern time. >> i love how our guests today have said -- the start to the year for m&a since 2000. jpmorgan's global chairman of .&a from new york, this is bloomberg. ♪ scarlet: i am scarlet...
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Jan 29, 2018
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julia: update required. scarlet: siding some progress, specifically why there is more work to be done around the issue of canada. julia: this is bloomberg markets. ofrlet: the sixth round nafta negotiations wrapping up today. robert lighthizer striking a more positive note siding progress. there is more work to be done. .> we are progressing slowly we elwood to our citizens who are operating in uncertainty to move faster. >> we are now joined by michael mckee, who has been in montrÉal for the nafta negotiation's. the theme here for the latest round, there were signs of flexibility. nafta is saved for now. >> maybe not. it is saved for the next month. aty will meet in mexico city the end of february. a lot of their and -- thorny issues remains. we thought canadians tabled some creative ideas on those there on the issues, particularly in the area of autos to increase the cars by counting computer and heiser comet light in the u.s. trade representative shot that down at the news conference. here's what he had
julia: update required. scarlet: siding some progress, specifically why there is more work to be done around the issue of canada. julia: this is bloomberg markets. ofrlet: the sixth round nafta negotiations wrapping up today. robert lighthizer striking a more positive note siding progress. there is more work to be done. .> we are progressing slowly we elwood to our citizens who are operating in uncertainty to move faster. >> we are now joined by michael mckee, who has been in montrÉal...
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Jan 18, 2018
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. ♪ julia: live from bloomberg's world headquarters in new york on julia chatterley. scarlet: i'm scarlet fu. joe: i'm joe weisenthal. julia: stocks are mixed, taking a step back from yesterday's all-time highs. joe: the question is, "what'd you miss?" scarlet: the clock is ticking clock isnment -- the ticking for lawmakers to avoid a government shutdown. week, bbtngs this expects to invest its windfall back into the business. kelly king joined us in the next half hour to tell us where the savings will go. and investors of bitcoin are strapped in for a wild ride. out whether bitcoin needs technology more than technology needs bitcoin. 2013 islashbacks to lawmakers each closer to a federal government shutdown. ofall comes down to a matter votes. speaker paul ryan is close, according to his team, but the chairman of the house freedom caucus mark meadows disagrees, saying he does not have the votes, at least not yet. we are joined by national political reporter's ideal couple were on capitol hill with the latest. take us through how many votes we think we've got here, an
. ♪ julia: live from bloomberg's world headquarters in new york on julia chatterley. scarlet: i'm scarlet fu. joe: i'm joe weisenthal. julia: stocks are mixed, taking a step back from yesterday's all-time highs. joe: the question is, "what'd you miss?" scarlet: the clock is ticking clock isnment -- the ticking for lawmakers to avoid a government shutdown. week, bbtngs this expects to invest its windfall back into the business. kelly king joined us in the next half hour to tell us...
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Jan 30, 2018
01/18
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. ♪ julia: live from new york, i am julia chatterley. a choppy trading session and the u.s., stocks are at a low and all eyes on the global rates market. "what'd question is, you miss?" apple could be in trouble with regulators over software updates that slow down older iphones. with jpmorganrces to form a health care company for u.s. employees. the unexpected move sent tremors in the health care industry. president trump is scheduled to deliver his state of the unit address. scarlet: u.s. stocks declining today with the dow falling and on track for its worst day since august. and has come back quite a bit here, with the s&p also in lows. is an equity phone strategist from massachusetts. is tempting to call it a selloff given the gains we have can'this year, but you call it that when the s&p 500 is still up for the year. i am a little concerned about what might happen in february, and i think it will be healthy if we saw a pullback of five to 7%. people need to be a little careful, you look at the internals and the advanced decline. seek
. ♪ julia: live from new york, i am julia chatterley. a choppy trading session and the u.s., stocks are at a low and all eyes on the global rates market. "what'd question is, you miss?" apple could be in trouble with regulators over software updates that slow down older iphones. with jpmorganrces to form a health care company for u.s. employees. the unexpected move sent tremors in the health care industry. president trump is scheduled to deliver his state of the unit address....
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Jan 13, 2018
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let's bring in erin and julia. julia, i'll start with you. dr. ronny jackson is saying president trump's mifirst medic checkup went extremely well. what kind of information can we expect to get about the president's health? >> i think we'll expect to get how he basically did in the physical exam. i don't know. i'm not a doctor, so it's hard for me to speculate on that. but we'll see how he did, what kind of shape he's in. fitness, et cetera. one thing on that statement that was released that i'd like to point out and i think several other journalists have pointed out is his name was spelled wrong. it was ronnie when it's ronny. the white house did release that statement. critics have said that statement was very trumpian and have pointed out the president's health and fitness habits aren't exactly healthy. he tends to like fast food, doesn't exercise that much, with the exception of golf, drinks a lot of diet coke. it'll be interesting to see how this is played on tuesday. >> erin, barack obama's 2016 medical exam disclosed quite a bit of informa
let's bring in erin and julia. julia, i'll start with you. dr. ronny jackson is saying president trump's mifirst medic checkup went extremely well. what kind of information can we expect to get about the president's health? >> i think we'll expect to get how he basically did in the physical exam. i don't know. i'm not a doctor, so it's hard for me to speculate on that. but we'll see how he did, what kind of shape he's in. fitness, et cetera. one thing on that statement that was released...
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Jan 6, 2018
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let's bring back sean and julia. julia, i want to start with you because what does such a proposal do for efforts to avoid a government shutdown? >> well, we see that there have been bipartisan talks in congress and that those appear to have hit a roadblock in recent days. so the trump administration is arguing for increased border security. however, democrats in congress and even some republicans such as jeff flake have really questioned increased border security in fighting for daca, the obama-era program to protect young immigrants. so it'll be interesting to see how this plays out. there's definitely some tension there. >> and maybe a trade in place there. sean, before i let the two of you go, senator orrin hatch's retirement has opened an opportunity for mitt romney to run for his seat. what kind of relationship might senator romney have with president trump and his party in this era? >> well, if the past is any guide, it might not be a very good one. if mitt romney runs and wins, he's going to have to make a ch
let's bring back sean and julia. julia, i want to start with you because what does such a proposal do for efforts to avoid a government shutdown? >> well, we see that there have been bipartisan talks in congress and that those appear to have hit a roadblock in recent days. so the trump administration is arguing for increased border security. however, democrats in congress and even some republicans such as jeff flake have really questioned increased border security in fighting for daca,...
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Jan 21, 2018
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kevin, and julia manchester. with a good morning to you both, all three of you, rather, julia, splashed all over the front pages this morning, this emerging reality that no one wants to budge from their positions. you just heard me say i was speechless as jeff was describing that. we're now in day two. is there any likelihood, any progress expected or one to note from yesterday? >> yeah. well, it's really hard to say based on what happened yesterday. yesterday we saw a lot of harsh words from both sides accusing each other of lying, from the white house to capitol hill. one thing i do want to point out, we saw yesterday that senator susan collins had a meeting with 18 bipartisan -- 18 lawmakers, kind of a bipartisan group trying to reach a deal. it's hard to say if anything will come of that just because the rhetoric is so harsh and intense right now. however, there are efforts being made, but to be honest, i wouldn't count on it. i think there's too much bad blood at this point. we're seeing the white house get
kevin, and julia manchester. with a good morning to you both, all three of you, rather, julia, splashed all over the front pages this morning, this emerging reality that no one wants to budge from their positions. you just heard me say i was speechless as jeff was describing that. we're now in day two. is there any likelihood, any progress expected or one to note from yesterday? >> yeah. well, it's really hard to say based on what happened yesterday. yesterday we saw a lot of harsh words...
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Jan 2, 2018
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it's not just julia we're celebrating this morning. also her uber supportive mother who went above and beyond to make sure her daughter got what she deserved and then some. bill murry of our wetc affiliate has that report. >> i don't see her often enough. >> reporter: nadine can't wrap her product. that's a good thing. if someone asks if there is a doctor in the house, she can say, yes, my daughter. >> as i've gotten older and hopefully matured, come to appreciate that there's more to life than just being book smart. >> reporter: julia is 23 with a ph.d. >> it was definitely the most difficult thing i've ever done. >> reporter: she just graduated spend ing half her life in college. >> we didn't think she was being challenged enough. >> reporter: that's an understatement. rewind 11 years and julia was a 12-year-old student at cape veer community college. >> can you get a master's degree? >> yes. >> reporter: >> i was a know it all when i was a kid. i tone it down now. >> reporter: she has a associates degree, 14, bachelor's degree at 16
it's not just julia we're celebrating this morning. also her uber supportive mother who went above and beyond to make sure her daughter got what she deserved and then some. bill murry of our wetc affiliate has that report. >> i don't see her often enough. >> reporter: nadine can't wrap her product. that's a good thing. if someone asks if there is a doctor in the house, she can say, yes, my daughter. >> as i've gotten older and hopefully matured, come to appreciate that there's...
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who else is denying what's in the book, julia? >> there have been a number of push backs today, katie. katie walsh a former deputy white house chief of staff said that she was misquoted. tom barrack, a good friend of donald trump jr. said he was misquoted. natal natalia said she never saw or met the candidate, trump, at the trump tower which is a key because it goes against the big take aways saying that it was treasonous to have that meeting. she has denied that. there's a grain of salt that a lot of people are urging people to take when reading this book. i think we're already seeing some of those lines crack. we're definitely seeing the president's legal team push back on this as well. >> let's talk about how michael wolf went about writing this book and how he used his sources. he does say today that he has dozens of hours of tapes to back up his book. it seems like bannon and former deputy chief of staff katie walsh, as you were just mentioning, julia, are on those tapes, but there's also a question of the credibility of the
who else is denying what's in the book, julia? >> there have been a number of push backs today, katie. katie walsh a former deputy white house chief of staff said that she was misquoted. tom barrack, a good friend of donald trump jr. said he was misquoted. natal natalia said she never saw or met the candidate, trump, at the trump tower which is a key because it goes against the big take aways saying that it was treasonous to have that meeting. she has denied that. there's a grain of salt...
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Jan 1, 2018
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julia, this happened over the past few weeks. what brought this about? the chief justice issues a report like this every year. half of this one or more than half is focused how courts react when there are natural disasters and there's this. what led to it. >> this was kind of tucked in toward the bottom. we're reading this and this jumped out to me they're ordering a review. we have to remember just a few weeks ago, judge alex kaczynski in the ninth circuit stepped down after 15 women cape forward and told media that they had been the subject of lewd comments and harassment by judge kaczynski. this set off a firestorm in the federal judiciary community. there are a lot of people who worked under him. he was a great legal mind. a lot of people really had talk about how much he contributed to presidents over the years. but he of course, he stepped down because of this which shows that perhaps -- two things. one we're in a new era. no maer your status you're not immune when you have an issue coming up like this. and second the judiciary community can't be i
julia, this happened over the past few weeks. what brought this about? the chief justice issues a report like this every year. half of this one or more than half is focused how courts react when there are natural disasters and there's this. what led to it. >> this was kind of tucked in toward the bottom. we're reading this and this jumped out to me they're ordering a review. we have to remember just a few weeks ago, judge alex kaczynski in the ninth circuit stepped down after 15 women...
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Jan 16, 2018
01/18
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julia: exactly. scarlet: john flannery still plans to focus on three core units, are they the right businesses to focus on? >> i think they are making the right choices so far. transportation is one that make sense to get rid of, along with their lightbulb unit, but then i think you have to say ok, our, aviation, health care, two we need all three of these under one company. it is interesting because i've heard him a number of employees and you asked them, you are in the power business, the you benefit and the fact that de has an aviation business and they're like no, i i get anything out of that. i think that is interesting and telling your in the question is what does te want to be. health care and aviation are high growth industries. does it want to rethink its identity? julia: throwing out the baby with the bathwater comes to mind. >> there is a model for this. --creating a similar a holding company structure. scarlet: thank you for joining us. column.ead broooke's coming up, what you need to kno
julia: exactly. scarlet: john flannery still plans to focus on three core units, are they the right businesses to focus on? >> i think they are making the right choices so far. transportation is one that make sense to get rid of, along with their lightbulb unit, but then i think you have to say ok, our, aviation, health care, two we need all three of these under one company. it is interesting because i've heard him a number of employees and you asked them, you are in the power business,...
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Jan 28, 2018
01/18
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let's bring in julia manchester, reporter for the hill. and the chief washington correspondent for bloomberg tv. great to have you here on a monday morning. >> great to be here. >> julia, we'll start with you. once again, mr. trump told reporters there's no collusion. do you think he would discredit the russian election come tuesday? >> i doubt it. the president tends to stay to the script. and he stayed to the script last friday when he was speaking at davos when he talked about economic improvement under his administration. so i think the president will probably be more likely to highlight the improvement in the economy as well as concerns about north korea, then focus on russia. >> and kevin, president trump's advisers sent the letter telling him the russia investigation would soon be wrapping up. how big of a deal is it for him to deliver the first state of the union address while essential lip under investigation? >> big deal. two things, first and foremost, the president according to sources working on the state of the union address
let's bring in julia manchester, reporter for the hill. and the chief washington correspondent for bloomberg tv. great to have you here on a monday morning. >> great to be here. >> julia, we'll start with you. once again, mr. trump told reporters there's no collusion. do you think he would discredit the russian election come tuesday? >> i doubt it. the president tends to stay to the script. and he stayed to the script last friday when he was speaking at davos when he talked...