It was his first appearance in public since his arrest nearly two years ago. He is on trial in his hometown of brussels on charges of attempted murder for a Police Shootout from which he fled. Global news 24 hours a day powered by 2700 list and analysts in more than 120 countries. I am taylor riggs. This is bloomberg. Vonnie it is noon in new york, 5 00 p. M. In london, and 1 00 a. M. In hong kong. Shery and i am shery ahn. Welcome to Bloomberg Markets. Vonnie from bloomberg World Headquarters in new york, here are the top stories from bloomberg and around the world that we are following. U. S. Stocks are fluctuating following the biggest oneweek loss on the s p 500 in more than two years. Do the recent declines represent the healthy correction many investors had expected after a stellar start to the year . Iset yellens final act perhaps an unfortunate one for wells fargo. The stock plunges as the fed puts a cap on wellss growth. And the death of clothing. We will take a look at why th
What is happening in the u. S. Where indices are off their lowes of the day. Still a sea of red across the main boards led by greece. Italy is down by 1. 5 . Portugal 1. 9 lower. The stoxx 600 falling for the sixth day. It was down by 1. 6 and the biggest drop since september 2016. The biggest today slump since july 2016. We had the biggest weekly slot since november 2016. The dollar is in the ascendance today with all these currencies trading lower. Bond yields are declining so the haven that is bond yields, that trade is working in the bond markets favor across europe. Commodities and cds is your final two columns. Ryan air boosting its net income by 12 to 106 million in the fiscal third quarter. It launched a 750 million share buyback. On carrier valley not to add the costs of rising labor and fuel to its customers. Easyjet is forecasting summer fare increases over the demise of rivals. Ryanairf executive of morning today that he is willing to endure pilot walkouts rather than then
But tonight, no one woul criticize him for crowing because the king of cupertino, apple, shut down the worrywarts and beat profit and revenue estimates and oh, yeah, they sold more iphones than expected, too. Apple earn 1. 67 a share. A whole dime ahead of wall streets forecast. Sales rose 7 to a shade below 45. 5 billion or about a half billion a day. The company even grew its enormous cash reserves 13 to 261 billion. Shares took off after the numbers came out. Pushing them to an all time high. Josh lipton has the biggest take away from apples big quarter. 41 million. That was one big number in apples latest earnings report. Refer to the number of iphones bette than expected. Analysts thought they would ship 40. 7 Million Units. I had a chance to speak briefly with tim cook. He says the demand was better indice be he took down iphone inventory by more than 3 Million Units in the quarter. He said there is pause going on here. In order, consumers arent buying because theyre waiting for
Professor soltes, good morning. Good morning. Its a pleasure to have this opportunity to speak to you about your book, why they do it. Let me start with asking you, how is it that you came upon deciding to write a book about the perspectives and backgrounds and thinking of white clar criminals . Im a financial economist by training. This book began when i was a graduate student working on large Empirical Data sets, up at 3 00 in the morning and came across a show called msnbc lockup, the kind of thing that you watch at 3 00 in the morning. And on the show, they had a crew go into various prisons and they were interviewing convicted fellons, mostly for murder, assault, rape. I started to think about the kinds of people that i wonder and think about, the people who are the industries and finance of what we saw on the color of fortune, the commencements, donating generously and wondering what happened to these guys . The people that many people respected. They were convicted for offenses.
Path to political comedy. When you are not under the impression that the world is yours, you have to figure out how to listen to the world that you are in. Sreenivasan all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by lincoln financial committed to helping you take charge of your financial future. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Supported by the rockefeller foundation. Promoting the wellbeing of humanity around the world by building resilience and inclusive economies. More at rockefellerfoundation. Org Carnegie Corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contri