Much to talk about here, but part of it is the market reaction. Rollovernd then a year. Taylor im thinking 10 Million Barrels a day is not enough. We increasingly hear calls for 20 and 30. The drop in oil prices is also affecting the credit markets as you take a look at that downgrade cycle that is underway. 200 billionking at dollars of bonds that are set to lose their Investment Grade rating. Looking at some of the biggest down rates cycle underway. Oil andcourse, into the permanent base, it will be challenging. In this hour, Michael Mckee and i will speak with richard clear. Im going to take a broader view, and i know Michael Mckee, which he does at the press conferences, will ask press conference like questions. With first word news, here is verve viviana hurtado. A now, the focus shifts to other the cut will be enough to shrink the massive glut of oil. Johnson, he thinks the National Health service for saving his life after a week in the hospital for the coronavirus. P. M. Johnson
Of those involved in made several arrests. The largescale protest is also planned for new years day. Global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I Mark Crumpton. This is bloomberg. Scarlet i am scarlet fu. Taylor this is Bloomberg Markets the close. Arlet forget call and think oil. President trump set up polymeric trade deal is done, sending crude lower. Cofounder Travis Kalanick steps down. We have all of that and more coming up. Taylor first i want to get a look at the markets. The tech sector, i know i am in San Francisco and you think it is all i can talk about but i continue to be astounded by the tech market. It is a big out performer. Today not a ton of movement but on the year it is the winner. Tesla about 420 a share. In my world, another day, another record for shares of tesla. I know you are also taking a look at the 10 year. We were talking about this global bonds selloff, the ri
Plummet plummeted. And the dollar turned around. Weak data out of the u. S. Earlier this morning. All kinds of moving pieces. One stock bucking the trend behind us at the New York Stock Exchange, go daddy. The stock prices last night above the expected range and traded for the first time today with a symbol gddy. The investors liking it as much as their racy commercials. Should investors go for go daddy even at these levels . You had a rather eventful morning. They took over the New York Stock Exchange. There was a huge crowd. You even had Danica Patrick doing pushups on the floor. Picture that. Doing pushups on the floor of the New York Stock Exchange. At the same time we were talking to the ceo. I will bring you some of those comments. Well check out the post. It has managed to hold its gains, 30 gain. Walmart inserting itself into a political controversy asking the governor of arkansas to veto a religious freedom bill. The governor sending the bill back to be rewritten. Well get to
Washington, d. C. , may 6, 2014. I hereby appoint the honorable john adney culberson to act as speaker pro tempore on this day. Signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 7, 2014, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip , but in o five minutes no event shall debate continue beyond 1 50 p. M. The chair recognizes the gentleman from georgia, mr. Barrow, for five minutes. Mr. Speaker, i rise davis. Brate the dr. He is a graduate of moorehouse school of religion. Under dr. Davis leadership, they have greatly expanded its reach and increased its ranks. Dr. Davis is the ninth pastor in the churchs history but has led that church almost a third of tha
21, much larger chemical attack that kills 1400 people. Swivel, where obama is about to use force and launch a retaliatory attack, and then he says it is up to congress. When it is clear congress will hand his head to him coming he reaches out to his former good buddy Vladimir Putin who comes up with this issue of removing chemical weapons as a way of taking a place of the automated the United States had sent down with its red on the use of ravens. One of the things that i find the service i find disturbing is what this has been all about. People notice when obama at his press conference, a very attitude, prickly in this, 969 words particular spots, and obama says those who would criticize our syrian Foreign Policy say we do not mean sending in troops. What do you mean . You should mean assisting the opposition. What else do you mean . Strike you should take a at syria. What else are you talking about . At this point the criticism trails off. Thatis ridiculous because previous weekend