I think we will have fragmentation and consolidation at the same time. I dont think anybody in an Investment Bank or a client will say they have it all figured out. From ibm to alibaba, ceos share insights in exclusive interviews. We are slowly heading back to normalization. I believe when trade stops, work starts. Scarlet the future of the Auto Industry looks electric. This is a longterm trend. Something we see will be a move that will get stronger. Scarlet it is all straight ahead on bloomberg best. Scarlet hello and welcome, im scarlet fu. This is bloomberg best, your weekly review of the most important Business News and analysis from Bloomberg Television around the world. The week began with attention focused on the state of florida, a region still under siege from a powerful storm. Hurricane irma weakened as it moved past tampa, leaving 5. 8 Million People without power and millions temporarily displaced. We are getting a sense about how long it will take for public oficials in th
At the same time. I dont think anybody and an Investment Bank for client will say they have it all figured out. From ibm to alibaba, ceos share insights in exclusive interviews. We are slowly heading back to normalization. I believe when trade stops, war starts. The future of the Auto Industry looks electric. This is a longterm trend. Something we see will be a move that will get stronger. It is all straight ahead on bloomberg best. Scarlet hello and welcome, im scarlet fu. This is bloomberg best, your weekly review for weekly Business News and analysis from Bloomberg Television around the world. The week began with attention focused on florida, a region still under siege from a powerful storm. Hurricane irma weakened as it moved past tampa, leaving 5. 8 Million People without power and millions displaced. We are getting a sense about how long it will take for Public Officials and people in florida to get a grasp on the damages. Naples got 130, 135, 140 mile per hour winds. They had a
48. 62. The latest developments following the charlottesville attack that many call an act of domestic terrorism. Reporter charlottesville is in shock and mourning after a White Nationalist rally turned fatal. Car ramming into a crowd of counter protesters saturday, killing one woman, injuring 19 others the suspect james fields junior age 20 of ohio is expected to appear in court this morning a vigil was cancelled because of safety concerns. Mourners in downtown charlottesville around a makeshift memorial gathered anyway earlier in the afternoon sunday, attempt by the organizer to hold a press conference devolved into yet more violence and ended up being cancelled as well. Charlottesville has been the site of four such rallies organized by the socalled alt right since may. Symbolic location because of multi year debate ovaer removal of confederate statue. The weekend events which featured tiki torches, nazi salutes, confederate flags, even some companies, maker of tiki torches took to
Taken over the weekend, maybe kim jong un now understands that hes dealing with a very different american president. That is a plus for investors. And so is a surprise from japan. Their economy hit a 4 growth rate, the best of any industrial country at the moment. The world is growing. Investors like that too. Welcome to the show, sit back and enjoy watching your money grow. The news is not always negative, you know. Varney company is about to begin. Stuart charlottesville, virginia, chaos as neonazis, White Supremacists group clash with counterprotestors on saturday. There is a suspect, hes accused of ramming his car deliberate rattily into a group of counterprotestors. The feds are investigating if he had help planning this attack. One person killed. 19 injured. The suspects name is james alex fields, jr. Of ohio, he has been charged with seconddegree murder. There is news from venezuela and it reaches right into the United States senate. One of venezuelas most powerful leader may ha
Sara eisen the dow is up 81 the best day for retail since late july as the markets go green for august absolutely we are also following a big business story President Trump making waves doubling down on a previous statement that, quote, both sides were responsible for the violence over the weekend. Multiple executives stepping down from the white house business councils, some vowing to stay and work with the president. Listen to the restaurant ceo andy plesner who is a big trump supporter. Listen to what he had to say i was really happy with jaime diamond who came out and made his statement. This was very positive because i think two years ago jaime dimon never would have said anything american executives speaking up is incredibly important. Dont walk away from the table, stay in the game, lets see what we can get done. Now listen to former secretary treasury Larry Summers disagreeing and saying wishes to speak to anyone in the senate, anyone in the president s cabinet or key officials