And while fizzling on ibm, theres one ceo in particular that mr. Buffet really admires. Well have details in a moment here. He doesnt own his shares, by the way. Aparentally not. Constellation brands, corona on fire this year, theres the shares, up huge, about 17 . The cfo joins us exclusively to talk about the beer giants strategy moving forward. New report says amazons jeff bezos and apples tim cook could bury the hatchet. The hatfields and the mccoys getting together. Well explain a little bit later. Lets begin, though, with mr. Buffets market moving comments on ib mrgs today. This is what he told becky quick on why he sold a third of the shares. I dont value ibm the same way that i did six years ago when i started buying them. I mean, overall, i think the six years that i revalued it somewhat downward, and as a matter of fact, over the 180, we actually sold a reasonable amount of stock. You sold a reasonable amount of ibm . Right. Last id seen you, Something Like 13, 14 billion dol
Percent. European a equities, big story was the big rise in the euro last week. And green across the board and there the euro i know you watch it closely. I had in my plans and forecast for 2017 that the dollar was going to get stronger forever and hurt exports and Everything Else and i need to recalibrate. Dollar down by 5. 6 lead story in the journal. And taking a check on crude oil that must mean that crude is at about 100, right . No, wait you would think it is soenl easonally strong su period also. I left at about 2. 15 and its back exactly a staggering move in the ten year last week so something happened every central bank said get ready. So you have 15 basis points on on the ten year. I dont believe the bermuda central banker said that is that the 13th branch of the fed . Right my biggest concern is i cant believe the ocean can be so clear and so aqua and the beaches so incredible. Yeah so im trying to deal this morning. Some of these things are important i think, but not everyt
Overnight will be higher than the Daytime Average for this time of year. They will get higher still tomorrow. They are tempered somewhat by these gusty winds. Trans pennine route, across the east of the grampians, you will get buffeted during the rush hour. Chilly air following to the north, but further south, we could have 15 or 16 celsius tomorrow. We will start to see something potentially more stormy in the middle part of the week. More on that later. Hello. This is bbc news. The headlines thousands of Prison Officers in london and the South East Of England are to get an instant pay increase of between £3000 and £5000. Ministers said they wanted to attract the best talent after concerns the Prison Service was understaffed. Iraqi forces say theyve taken several villages to the south of mosul, hours after launching a major offensive to retake the western half of the city from Islamic State militants. Save the children warn theres around 350,000 children trapped in the city. The Chi
He basically said the border adjustment tax as written, current language from the gop is mot something the white house would support. This comes about a day after a reuters story where donald trump seemed to hedge a little bit on that and seemed to suggest some support. Cohen seems to back drtrack on this morning. Could it be reworked . It also comes 24 hours after treasury secretary Steve Mnuchin told our becky quick that all options are on the table still. The cohnspecific negative sentiments were specifically on the actual language, the actual talk that the gop has had specific language. I think it certainly could be reworked. He did not say that the concept was objectionable but the way it was worked out. Dan, longtime finance guy, covering banking, private equity, et cetera. From your market expertise, its brian sullivan. From your market expertise, do you think that the market is maybe overreacting to the upside, given your story . Or do you think that a border tax could still li
For advocating for justice, gender equality, and womens empowerment, also at personal risk. Global news, 24 hours a day, powered by more than 2600 journalists. Im alisa parenti. This is bloomberg. Selina im selina wang, in for caroline hyde. This is Bloomberg Technology. Coming up, nine months after the historic vote, the process of brexit is underway. We will discuss what it means for the u. K. s 25 billion industry. Plus, samsung hopes to put a pr crisis in the past. Would hear from the u. K. We will hear what brexit means for a music app. First, its now official. The United Kingdom triggers article 50. Prime minister theresa may vows to get the best deal for this vow tohile eu leaders seek an orderly withdrawal. It could have a huge impact on the u. K. Economy and cause a Ripple Effect across the globe. Is sure to industry be affected. With me is joe cross. Investors in his firm include paypal and richard branson. Joe, your company has been very public and outspoken about its though