Canceled 1000 flights that it. Powered by more than 124 journalists and 150 bureaus around the world. Cory im cory johnson and this is bloomberg west. The ridesharing and Delivery Service stalls out. Rivals are throwing in the towel. Prime time for amazon the company says the same day Delivery Service will get a major expansion. The exit strategy will 2016 be the bigname unicorn for snapchat and uber making a run down wall street . First, to the lead and developing news all the activity in the busy m a sector. Fromhild gets . 20 a share a group. They turned out a similar bid. 5 last i surging, up looked. We have been following the story. Good to see you. What is the deal with this . Always good to see you as well. We dont know exactly what is new. Fairchild we reported earlier that it was sticking with the takeover offer from on semiconductor. Even after receiving this higher offer. We dont know who this party is. We assume it is still coming from China Holding groups. Instead of fairc
Uniform. Today its a completely different you get discounts and people recognize you, i am grateful for that. I like to thank all of you for coming out especially again and all of our sponsors. When people asked me why write a book about veterans and why write another sob story about veterans, but the message of this book is the exact opposite. The message of this book is optimism about our future. The message is about the importance of service in a democracy. It is something of a message that i hope gets out there and i hope each of you at some point can experience what i have experienced. Going out and cleaning the school in brooklyn or helping after a tornado in oklahoma, it really makes your heart sing. Thank you so much for coming. [applause]. [inaudible] [inaudible conversation] [inaudible conversation] [inaudible] i have a picture up on the wall, one. [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] i lo
The hedgefund closes its doors after the industry veteran says he lacks commitment. What is going on with sidecar . The uber rival fails to get off the starting line as the ride sharing business backed by google and Richard Bransen says it is shutting down on new years eve. Here we are. A second last session of the year. Lets check in on futures and what theyre imlying to the u. S. Market open coming off the 1 rally. Its in line with fair value so were priced lower for the s p 500. Giving back free points at the open. Dow jones industrials called down by 17 points and the nasdaq. Were above fair value. Called higher by 2 points. Heres the rally we saw yesterday. 5 billion in trades being priced yesterday which is in line with Christmas Day and thanksgiving day. So the Dow Jones Industrial up 1 . S p 500 with the 1 rally. Positive territory for 2015. Lets see if we hold into the years end. As for technology because that was what was powering u. S. Shares yesterday. The likes of apple. A
Strategies may be unraveling. David faber first reported that the tech company may not move forward with its longplanned spinoff of its multibillion dollar stake in alibaba, the giant chinese internet company. It will examine a deal involving yahoo s core internet business. An official announcement of the change could come as soon as tomorrow. Shares of yahoo moved higher initially after the report. The moves raise a host of questions, they come to mind. John ford is here to answer them. Welcome. Why did the board step in here and make this change in a long hailed strategic plan. It comes down to taxes. There was an can agtivist infester starboard pushing them at first to spin off alibaba because its worth so much. Then when the u. S. Government wouldnt say yes, well let you do this without getting taxed they said wait a minute, more and more its looking too risky if we have to pay a tax bill selling that off. Instead, why dont you sell the core business. Yahoo has not yet made it clea
David faber first reported that the tech company may not move forward with its longplanned spinoff of its multibillion dollar stake in alibaba, the giant chinese internet company. It will examine a deal involving yahoo s core internet business. An official announcement of the change could come as soon as tomorrow. Shares of yahoo moved higher initially after the report. The moves raise a host of questions, they come to mind. John ford is here to answer them. Welcome. Why did the board step in here and make this change in a long hailed strategic plan. It comes down to taxes. There was an can agtivist infester starboard pushing them at first to spin off alibaba because its worth so much. Then when the u. S. Government wouldnt say yes, well let you do this without getting taxed they said wait a minute, more and more its looking too risky if we have to pay a tax bill selling that off. Instead, why dont you sell the core business. Yahoo has not yet made it clear its going to sell yahoo the