Ceo of Electronic Arts, Andrew Wilson as we talk to him about the world of gaming and a lot more john, retrospective of apples event. Were bringing the east and west coast together. Apple unveiling its longawaited 5g iphone 12, but we have been questioning whether the 5g networks, especially here in the u. S. , are ready to drive demand. Josh covers apple for us i didnt see tim cook hedge at all in his 5g pitch yesterday. He was full steam ahead. Thats right, john. Not one bit. Experts are right, they have questioned whether 5g is really ready, but tim cook doubling down on that bet with his new iphone 12. The generation of technology that provides a step change in what we can do with our iphones, the next generation is here. Today is the beginning of a new era for iphone 5g promises faster everything, from movies to games, to all kinds of downloads, and that sounds exciting, but its still just a promise of what could be the reality right now is that 5g coverage here in the u. S. Is st
Distinguished scholar it depends on the meaning of distinguished is a Research Fellow pj work. I say im going up aj. I was in college the most popular magazine on campus was national and i remember quite a few any beds play cannot them because they all have ethnic stereotypes and gender relations over drug use is all now forbidden then moving on to Rolling Stone Foreign Affairs desk chief week because they paid him to do whatever he wanted to go right to the roots and televangelist retirement villages mystifying so moving out of the rocket stage he became a correspondent the simplest magazine writing about medicare Reform Campaign finance reform and now moving into the age of retiring in College Tuition now editing a magazine on finance and investment and ran an article by me its called american consequences so by my count the offer 20 books including holidays and how all the trouble in the world and eat the rich one of the funniest writers around and has more citations numerous quotat
The coronavirus outbreak. This is a group of experts are outbreak could go on for another two years and wont be contained until 2 3 of population is immune. Joining us to break down the day wall as at least on street, taylor riggs has been digs into the markets for us. Tailor, a rough day, there were so many signs of hope this week . Felt like a mood shift this morning, emily, we woke up, a sentiment had been negative. As you remember, 30 after we bottomed out on the lows on 23. H there could have been some rofit taking here as well as some concerns continuing about the economy. We got news in the past few days overnights that trump was considering floating around some ideas of how to punish china for for the handle of the virus, for shutting down a lot of the doctors back in december who were really trying to warn this. Some of those renewed tensions some of the ng debt, thats very far stretched according to some of the to, ysts that im speaking but another option to be tariffs. Now t
This is bloomberg surveillance. I am Francine Lacqua at the Bloomberg European headquarters in london. We are waiting to hear from the german court of legality, coming up shortly. Meantime, this is what im looking at in markets. The markets are on tenterhooks on this ruling from the german government. I have to say, u. S. Futures are climbing. Sentiment being helped by expectations more economies will move toward easing of lockdowns. Oil on the course for its longest winning streak in nine months. What else i am looking at, earnings. We had b. N. P. Paribas rising, setting aside problem loans but warning fullyear earnings will take a pounding from the pandemic. Rallying after it reported a 35 plunge in First Quarter profit. Plenty more on that, and of course we are waiting for that ruling on the legality of qe from the german court, but first lets get straight to bloomberg first word news, with viviana hurtado. Viviana we begin with an internal u. S. Government projection showing the o
Julia . Thats right. Disney cfo christine mckarther announced disney will be sustaining the dividend which will preserve 1. 6 billion in cash and this comes as the Company Announces that covid19 cost disney 1. 4 billion to its bottom line in the quarter and that includes a hit to advertising, movie delays and think, most of all, the closure of disneys parks. The disney parks alone had an operating income loss of 1 billion in the quarter due to covid driving a 58 drop in operating income now heres what the new ceo says about the plan that he Just Announced to reopen disney shanghai on may 11th take a listen. The approach we take may include implementation of density control measures as well as health and prevention procedures that comply with state and federal guidelines we are seeing encouraging signs of a gradual return for some semblance of normalcy in china the company talking about how before it began to close its domestic parks in midmarch they had been seeing an increase in both