On the markets. This is a phenomenal asset. The return on those insurance those instruments could be quite spectacular. There is much more growth than a lot of the skeptics think there is. I dont think there is enough confidence today that we have broken out of the 2 growth world. Anchor it is all straight ahead on bloomberg best. Anchor hello, and welcome. Im vonnie quinn. This is bloomberg best, your weekly review of the most important business news, analysis, and interviews from around the world. Lets start with a day by day look at the top headlines. The week began with a fresh batch of Economic Data from china. Chinas secondquarter gdp data show the second economy continuing to grow at that brisk rate of 6. 9 . Gdp was better than expected. , there expecting 6. 8 estimate of economists at bloomberg. Factories are pumping out goods at a faster clip. Goods production at 7. 6 , more than a full percentage point more than the estimate. Retail sales much better than expected, 11 . We w
I am glad i had an opportunity to tell them we are close to a deal that will bring the cost down significantly. Alisa james dataset said he is not opposed to buying the f35 but wants the best bang for the buck. The white house has released a schedule for president obamas last week in office. Mr. Obama will hold his final president ial News Conference wednesday. The president and the first ladys will also hold host the trumps for tea friday morning. After the inauguration, they will depart to a destination yet to be announced. Tom vilsack is leaving the Agriculture Department one week before his tenure ends. He has led the department for eight years and was president obama longestserving cabinet secretary. Sean spicer says he expects an announcement on a replacement soon. Mexico has nominated the current head of the north American Development bank, Geronimo Gutierrez fernandez to be the countrys new ambassador in the u. S. The current diplomat will become undersecretary for north americ
A lot of hits this company has taken for their treatment of animals especially elephant and that Program Ended last may 2 2016 combine that with slumping sales that caused managers to make a decision to turn out the lights at the circus. Behind the walls of the Wells Fargo Center the cast of the greatest show on weather prepared for their nineal philly weekend. But outside, protesters stood in the cold holding seen on and voicing opposition to the show. Any animal should never be used for entertainment. Its not necessary. Not in todays world. Joan kon lives in philadelphia and says the circus should not even be here this weekend and she want it to close immediately. People think when the animals are done performing they run free in a field somewhere. They dont. Theyre locked in box cars, trains, theyre abused to do those tricks. Reporter circus officials denied those allegations. And the show this weekend will include new acts and the usual acrobats, kloupz and animals and animal that
Investigators tell us the officers injuries are not lifethreatening and silver pontiac grant pre hit the officer 10 30 and now police are searching for the vehicle as we speak. Well continue to keep an eye on this and bring you any developments we get. Going back to top stories rin ringling brothers circus is in philadelphia for the final tour. Good evening im jessica dean. Im Ukee Washington. David spunt is outside the Wells Fargo Center where the circus is drawing mixed review reviews, david. Reporter ukee, good evening a lot of hits this company has taken for their treatment of animals especially elephant and that Program Ended last may 2 2016 combine that with slumping sales that caused managers to make a decision to turn out the lights at the circus. Behind the walls of the Wells Fargo Center the cast of the greatest show on weather prepared for their nineal philly weekend. But outside, protesters stood in the cold holding seen on and voicing opposition to the show. Any animal sho
Steady. Road map on a busy day for earnings including apple, coke and boeing. Apple surging in the premarket on the sfwheets more from the dnc. Less discord from inside the convention. President obama, joe biden and Vice President ial nominee tim kaine are on tap to speak today. Another tough quarter for twitter and jack dorsey, the stock plunging after results disappoint. What happens to the company next. But first up, apple shares are surging after the Company Reports a beat on the top and bottom line. Revenue did fall for the second straight quarter. Iphones saw the steepest sales decline year on year but that number was less than what the street was expecting. Analysts expecting an uptick in iphone sales when the new 7 is released later this year. Revenue guide not too bad. Jim, cost control, margin guide, okay. Yeah. I think there are probably people at home saying how could they have a huge decline and the stock run. The answer is in the number of iphones that they sold a lot of