A joint investigation by the for and the organization chemical weapons has concluded the Syrian Government forcers were behind three attacks involving chlorine gas. Responsible. Was syria denies chemicals as weapons. Themayor of london says city have stay strong providing taken to brexit talks. And Islamic State was the reason. Syria denies chemicals as weapons. And the mayor of london says the city will stay strong, providing talk is provided. Access and easy access to foreign talent must be retained. Britishging the government to relieve shortterm uncertainty over present. Saying it is hard for companies to make decisions. Global news, 24 hours a day, powered by over 2000 journalists. Im horny college and this is bloomberg. What you miss, Canadian Consumer confidence is housing the economy. Earlier today, addressing canada economic struggles and the countrys turn away from peel. Toronto, amanda . With, i want to start you can close to cutting Interest Rates. Since then, we have seen
Bulletin. The top stories in business and finance. Oil prices are plunging this morning about dropping below 70 a barrel for the first time in 4. 5 years. While you are enjoying thanksgiving, opec met in vienna and decided not to cut production. Years, we last four have had a very difficult price. That does not mean that we should rush and do something. We have to wait and see how the market reacts. I have said many times do you that we do not want to panic. Several members including iran and venezuela wanted a production cut, hoping it would boost the price of crude. Americas shale boom have dropped oil prices 30 since june. Opecs decision will guarantee the collapse of the shale some. Ry, according to takata tos to order recall two million vehicles there after hearing the u. S. Will demand a nationwide recall. U. S. Regulators ordered takata to expand the recall by next week. They have only recalled vehicles in areas with high humidity, which is being blamed for causing those airbags
August. Personal spending suffers a drop since january. Latest moon shot project unveiled by google x. Delivery drones are real, and google and amazon are not the only Companies Taking to the sky. Apple preparing to catch its rivals and roll out technology that turns the iphone into a credit card. Well see september 9. First up this morning, Economic Data shows a decline in consumer spending, down. 1 in july, and auto purchase account for the weakness. The dow and s p each up more than 3 for the month, and nasdaq with a more than 4 gain. S p, nasdaq, and russell on pace for the best performance in 14 years. There was a contest whether august would be the best month of the year. It will be tough. Dow needs 16 106 points, and futures are not indicating that sprept this morning. Still a strong month. Four straight weeks of gains, something not seen. Since november. Overall, a strong month. Everyone is trying to figure out whether the growth we saw last quarter can be sustained. Economists
Deere earnings beat but outlook weak. Quote, sluggish conditions in the global farm sector. The stock is moving lower. And after walmart hikes pay for 500,000 employees the downgrade for the stock, nordstrom earnings out as well. First up nasdaq in the mid of its best winning streak in a year aiming for an eighth straight day of gains. Closed yesterday at a 15year high within 76 points of 5,000. Facebook among the nasdaq stocks in the spotlight after a note assigning 33 billion valuation to Facebooks Instagram unit saying it sees users more than doubling by 2020. They say, jim, according to their surveys, it has most pentup ad demand. Facebook at 91. A big part of the business. I think it can happen. My Charitable Trust owns. 11 employees, one of the great follies of zuckerberg, what was he thinking . And of course it turned out to be amazing. I think whatsachlts pp will bring in a couple billion new people on facebook. This is a man people underestimate. A lot of people saying short s
Every piece of data we got was positive. The dow at one point down 123 points. Before we get a remarkable comeback from the lunch time swoon thats become a staple of the last four days of trading. The dow is down 24 points. And nasdaq advancing 0. 02 . We are still in a good news bad news mode until the last hour of trading. But we saw a glimpse of what could eventually happen when we started accepting good news for what it really is. Plain old unadulterated good news. Today eill tell you how we can rally to still higher prices. Although it might be too early for it to occur in a sustained fashion. But i dont want to tell you how we escaped from the box. One thats still keeping the majority of stocks from advancing until you know what kind of positive data im talking about. First, we got money from the National Payroll processor, showing improvement. Why do we care about the number . Because it comes two days before the most important economic data. The nonfarm payroll report and many