We have some limitations to our jurisdictions. Around issues of common carriage. We are at a moment in time where the jurisdiction is very much a source of conversation in this area as well. I would say the ftc rule is a generalized Consumer Protection enforcer, but we need some of our jurisdiction when it comes to being clarified. A top republican, the only republican on the commission. Wiry down to two . Why are we down to two . We are waiting for new commissioner nominees from the new york administration. We do have a commission where we can function. Ftc is arically the bipartisan commission. My colleague and acting chairman can function through consensus and as enforcers we do agree. Can you have a conversation in the hallway . We talk about the weather in the hallway. Sometimes our children and acting chairman have some wonderful new grandbabies. Developments. We are covered by the sunshine act, so we do have to notice meetings. It creates an act or layer of notice. Host if you g
With the u. S. Is at its deepest and it is a great partnership. The partnership is built on trust and knowing intelligence can be shared confidently, and i will be making clear to President Trump today that intelligence that is shared between your enforcement agencies must remain secure. She made her comments while attending nato summit in brussels. In other news, former greek Prime Minister, lucas, was injured in his car in athens after reportedly opening an envelope that contained an explosive device. That was according to a great political books woman. The driver and a third person, believed to be sitting next to him, also thought to have been injured. The injuries are not like not lifethreatening. Asserved as Prime Minister six months and is a former Deputy Governor of the European Central bank. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in over 120 countries. Im growth im mark crumpton. This is bloomberg. With 30 minutes from the close of tradi
Julie you just abide buy today between the individual retailers in the retail Sales Numbers. They are showing different pictures of whats going on within the retail industry. Individual retail showing sales letter disappointing even as the overall number does beat estimates. Women mixed picture at the moment the major averages is the nasdaq is down thing but the dow imap is the the best technology group. Telecom and Consumer Staples shares are lower, however today. Retail, when youre looking at different times of retailers today, its an interesting story. Walmart and amazon, for example, we of walmart which is rising falling by 2 . But amazon is also down after her recent winning streak it had. Walmart reports its warnings next thursday its earnings next thursday to be head of that. First quarter comes could come in in line or below what analyst are estimating. Declining,se stocks investments and owners are falling in the session as well. Got disappointing numbers, not just today but o
1 . Take a look at the groups on the move. We still have technology in the red. Care has been lagging. Tech just barely in the red. Materials, consumer staples, utilities are leading some of the gains here. Look, ifnted to take a i may, at what is going on with oil. Because we have also seen the s p track very closely today with oil prices. White yellow, the s p in and you can see clearly what is going on. Around and made a roundtrip. So have oil prices there are concerns about supply constraints in nigeria. But supply in canada has been coming back online. That has been pushing oil around today. In the most toe gains, weve got microsoft higher, exxon mobil also rising with the rebound in oil prices. And amazon. Com on a fiveday winning streak at this point. Percentagewise, some of the winners were looking at today tied to news include monsanto, which might be getting some interest from a buyer of germany to create the Worlds Largest agrichemical company. Ralph lauren beating estimates
To that vote. They have turn into small losses for the industrials. Down ten points. Nasdaq holding ton a very slim gain of about 4 at 4847 and the nasdaq is higher by 1. 6 . Lets kick it off with the first of those bs and that is the brexit vote countdown. We are just 12 hours, 59 minutes, 11 seconds away from the vote opening up in the uk. The polls do seem to show rather even split for stay or go. Perhaps the market and the wisdom of crowds is selling more of a stay story. The uk stock market having a great run lately. We pointed it out yesterday. Were up again today. Four days in a row of gains for the uk. The banks doing especially well. Barclays, for example, up 10 over the past week. Some of the other ones, lloyd banking group, prudential have also done very well. Lets look at the british pound. Its been on fire lately. In fact, a few days ago the pound had one of the best days in a decade. As you might imagine, were going to have lots more coverage of this brexit vote you might