Even, this was hovering a little north of 1200. Through crises and noncrises alike gold continued to steady climb you really cant ignore. What is interesting this is spread across a lot of the commodities. Look at silver front, up an additional 2 3s of a percent. Here is eyepopping. Palladium, so crucial in manufacturing processes, futures market close up to 5 . That is alltime high for palladium prices at 2442 an ounce. Well get into that in more detail. One thing for investors to hedge their bets, go into bonds and all, this Development Goes on regardless of crisis mentality of coronavirus virus. Particularly when it comes to gold. Now to pa late yum. Well get into that in a second. As we rifle through big numbers. Susan li on i latest trend producing them. Susan neil, shock across markets. Floodgates according to one analyst because of impact of coronavirus. Apple warning they will not meet sales targets because factories are closed in china because of the coronavirus. Workers are s
Joins me. Dent his new venture. And, the head of colibra, david marcus, joins us for an exclusive interview. Continues to, continues to captivate investors. Easing weoptions for works cash crunch. Continuedon the turmoil at we work is bloomberg s leon a baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the we work situation. They are working with houlihan loki, soft , restructuring specialists. They want to make sure that the assets are ok, that they understand where the leases are, what is the value. They are brought on to help softbank figure out if it wants to plow more money into we work. The we work board has hired another boutique investment bank, advising Board Members on wework should take. Should they take a risky highyield bond package that j. P. Morgan is organizing . Tw
President joins me. His new venture. Lets Consumer Shop at home. And, the head of colibra, david marcus, joins us for an exclusive interview. We will hear from him live. First, our top story. Wework continues to captivate wall street and investors. Exploring options for easing weworks cash crunch. News trickled out that the Coworking Company lost its comedic asians officer who resigned last week. With more on the continued turmoil at wework is bloombergs leona baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the wework situation. We have two new ones hired today. Softbank is working with houlihan lokey, restructuring specialists. Invested 10 billion in we work over the past two years. They want to make sure that the assets are ok, that they understand where the leases are, what is
India. Into whats going on in the markets. It is a negative day. Sentiment dictated in part due to what happened on wall street worried the nikkei up 1 . Hang seng 2 down. Awaitross the board as we the fed, the gdp numbers, we have a lot of moving parts. The pmi numbers, slight increase. Optimistic about what will happen in the next quarter, the current quarter. Part of that optimism down. Apple this is part of the apple supply chain in this part of the world. Lg display, nearly 8 down. Optimism being shared. Pegatron up by 7. 2 . Samsung electronics for different reasons, down 2. 8 . At one state, it was the lowest level in three months. The Earnings Call does not exude confidence, saying the current trade war was producing all sorts of imbalances and uncertainty, which has made people delay buying chips. The margins on chips are also narrowing. Lets look at pmi. It was showing a little bit of an uptick from the previous month. These Large Companies seeing what is going on. Large comp
Walton, present. Mr. President , you have quorum. Thank you madam clerk. Colleagues, can we have a motion to excuse supervisor ronan . Made by supervisor walton and second by supervisor melgar and we take that without objection. Supervisor ronan is excused. San francisco board of supervisors we acknowledge that we are on the unceded ancestral homeland of the Ramaytush Ohlone who are the original inhabitants of the San Francisco peninsula. As the indigenous stewards of this land and in accordance with their traditions, the Ramaytush Ohlone have never ceded, lost nor forgotten their responsibilities as the caretakers of this place, as well as for all peoples who reside in their traditional territory. As guests, we recognize that we benefit from living and working on their traditional homeland. We wish to pay our respects by acknowledging the ancestors and relatives of the ramaytush community and by affirming their sovereign rights as first peoples. Colleagues, please join me in the pledg