Video of a tesla that smashed into a store in danville. It was all the way inside the building. It left the door dangling. It happened about 1 00 at the blackhawk Shopping Plaza with lots of shoppers in the area. I heard a loud bang and screech and the door fall and the pots fall. Then i came running over to see if anybody was okay. He was okay. No one was inside. The lady said they came pretty close. So for it is not clear what caused it to go out of control. This evening the end of a chapter at uber. Travis kalanick is resigning from the board next week. He is severing ties with the company he founded a decade ago. He will be immensely rich. He recently sold 90 of the shares and that made him worth 2. 5 billion dollars. Uber grew but he was ousted in the summer of 2017 after a series of management scandals. Employees speaking out about rampant Sexual Harassment and a sexist corporate culture. He did stay on as a member of the board but is expected to resign next week. New development
Afternoon if you are watching from asia. Im Francine Lacqua in london. Ato era july manufacturing 46. 5, a touch above expectations. Watch,llar is one to also the u. S. 10 year yield. The markets broiled from what we heard jay powell say. Said they peace time rate cut has had an impact on the dollar extending. European stocks up. Pound is the one we have been watching for. 2110, this depends on whether goes for a hard brexit. Oil, 57. 8. We have an exclusive conversation with an exclusive executive and joining us later, the global head of research for blackrock. Before we get to all that, lets get to the first word news in new york city. Quarterpoint cut from the benchmark rate by the fed. That says it will stop drinking the Balance Sheet in august shrinking the Balance Sheet in august. This move dashes hope for a move. Er dovish it is intended to ensure against Downside Risk from week Global Growth and policy uncertainty. To promote a faster return of inflation to symmetric 2 objectiv
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Hello today or so is time big shout to return to eastern turkey and the 2nd coaxes for the moment as president of the way in the way of card thats true for afghanistan tajikistan and beyond as well a few showers but not many i dont think and no would you expect them you expecting high temperatures that particular come off the high ground down towards iraq back does focus 48. 00 that suggest the buzzer is going to be 49. 00 to 50. 00 same sort of all the old overweight and towards q wait its clearly cooler further west it always is and if that was the onshore breeze by reebok quite pleasant a 29. 00 degrees would be particularly humid little changes that was overcoming showers come friday and the same sort of temperature a baby with a westerly the baghdad and southern parts of central iraq cool if not the breeze is not particularly strong nor is it particularly dusty so we are entering this hot relatively low humidity spell for most of the refugees this cloud here has been spilled off f
Restrictions. Bloomberg has learned european governments are discussing whether to nominate bank of England Governor Mark carney to run the imf. He is canadian by birth but holds british and irish passports. His selection would technically preserve the sevendecade practice of picking a european as managing director or. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im ritika gupta. This is bloomberg. Live from bloomberg World Headquarters in new york, im taylor riggs. Are the top stories on following from around the world. The american jobs engine revving up in june with hiring top all economist expectations. Thearm payrolls climbed most since january but the good news is bittersweet for the markets. Now the debate over rates shifts from how much to cut to whether to move at all. Traders ship their bets as bond prices tumble. Highlevel departure at Deutsche Bank. The head of the firms investment a