Good thursday morning. Welcome to squawk alley. Carl quintanilla with jon fortt and Kayla Tausche at post 9 of the new york stock exchange. Joining us, Business Insider ceo Henry Blodgett. And in minneapolis, bill george, former medtronics ceo, former exxonmobil board member, of course a cnbc contributor. Good morning, guys. Our first story is amazon today, announcing it will create more than 100,000 new fulltime, fullbenefit jobs across the u. S. Over the next year and a half. Our deidra bosa is at one market with more on that. Hey, deirdre. Good morning, guys. Amazon was already on track to become one of the largest employers in the country and this announcement confirms that trajectory. The company emphasized that the opportunities will be for people across the country and with all types of experience, education and skill levels. Ceo jeff bezos says these jobs are not just in our seattle headquarters or in Silicon Valley. Theyre in our Customer Service network, Fulfillment Centers a
For those in the states to the banned nation. 2. 1 million vehicles were sold worldwide in 2016. In 2016 by toyota. Last time i checked, shares were under a bit of pressure. Unchanged at the moment. We have news coming to you all day, everyday. We have the world covered. Caroline i am caroline hyde. This is the best of Bloomberg Technology, where we bring you all our top interviews this week from tech. Coming up, the tech earnings season heats up, alphabet, microsoft and intel reporting this week. Cis the dow clarkson locks in above 20,000. Verizon targets charter communications, but will it help verizon keep pace with at t . And cisco swoops in. The ceo told us a 3. 7 billion acquisition terminates the first major tech ipo of 2017. First, to our lead, a huge week for tech earnings. Alphabet, microsoft, intel, qualcomm all reporting. This at a time when the dow jones was beyond the 20,000 level for the first time. Lets kick things off with alphabet reporting on thursday. Our conversati
We begin on dow 19,000 watch. President elect donald trump lays out his first 100 days in the form of a video. Says hes going to abandon the tpp trade pact on day one in the white house. Amazon could be getting into the lucrative live sports business. Reports say they have held talks with the nba, mlb and the nfl for live game rights. But first up, stocks hitting those record highs, the dow is within 44 points of 19k, the s p just two points from 2200. Small caps making history as well. The russell at an alltime high and in the midst of its first 12session winning streak in 13 years, jim. Technicians love this setup over the next few weeks. More than 700 stocks hit an alltime high. Thats very positive. The groups that have been involved in this rally are broad based, they dont seem to just be all oil or all tech or all bank, its really a huge part of the s p. We saw yesterday the kind of a catchup trade with a lot of the oils. Weve got cold weather, a potential opec deal, a president w
Great reporting by alex sherman over the last few days for this. The verizon sale will not include yahoo cashiers in alibaba, and verizon will be integrated with aol. Alex sherman is joining us now. You scooped this on friday. Talk us through what happened in the last 72 hours because there were still stumbling brocks tumbling blocks on friday. Alex verizon was always a favorite and we have been talking about that since january. Verizon upped its bid. In the last round of bids, verizon was still only bidding between 3. 75 billion and 4 billion. That was not the high bid. Yahoo had more or less put pressure on verizon saying if you want to buy this thing, you have been the presumptive buyer the whole time, you have to step up and increase the bid. We realize you do not want the nonessential into little property that is not part of the deal, but you still have to bump it up a little bit. Verizon figured when push comes to shove, at the very end here, that is when we will make our move. B
The United States is home to 5 of the wor 5 of the worlds population but 25 of the worlds prisoners. Every year we spend 80 billion to keep people locked up. Many of the folks in prison absolutely belong there. Our streets are safer thanks to the Brave Police Officers and dedicated prosecutors who put violent criminals behind bars. But over the last few decades weve also locked up more nonviolent offenders than ever before, for longer than ever before. Thats one of the real reasons our prison population is so high. In california, efforts to reform the criminal Justice System are already under way. One year ago, voters passed proposition 47. The landmark law reduces certain nonviolent crimes from felonies to misdemeanors. It also gives felons convicted of those crimes an opportunity to have their sentence reduced. Is prop 47 working . Joining me to help answer that question are george gascon, San Francisco District Attorney. Brandon martin, Research Associate for Public Policy institute