I will be joined by two entrepreneurs who just merged to give go pro a run for its money with the first Live Streaming camera. Thats ahead on bloomberg west. First to our lead. Jony ive has a new role, the first chief design officer for apple. He will be shaping the look and feel of apples products and take on current design products, new ideas, future initiatives. He has two deputies who will be taking up his daytoday managerial duties starting july 1, but what are the implications of this unprecedented move . Joining us, tivos chief experience officer who has helped Companies Like google and twitter come up with strategies and we also have two other guests. Thank you for joining us, all of you. This is the first time i have ever heard of a chief design officer. Not a common thing to do. What does this really mean . Does this increases power . Does it change his level of the influence . Oliver i think it is just a titular recognition of stuff he is been doing already. In some ways, th
I am Erik Schatzker, here, 10 00 in new york city. I am carol massar, everybody. Stephanie ruhle is off today. We have raking economic news. This is a gauge of the u. S. Manufacturing economy. Just coming in right now, 57 is so reading, the economists we surveyed were looking for 56. 8, so call it in line. Above 50, carol, indicates an expansion, so it is not the u. S. Manufacturing economy is on fire, but it is growing. For thers more evidence continuing growth of the u. S. Economy. With all that final reading on Third Quarter gps 4. 1 , surprising just about everybody. And that latest regan manufacturing up read on manufacturing up. Lets get to the news feed. Macys settled a legal dispute with martha stewart. Whether her company reached a contract buys selling items with j. C. Penney. The deal does not affect its claim against pennies. Cosmetics maker revlon shutting down its operations in china. Revlon has not been able to get much traction there. China accounts for just a tubing pe
The next week or something. You didnt say i want this to be for the next seven months. No, not seven months. Its only been two weeks. It has not been two weeks. Three weeks. 3 1 2. 2. 85 . I am so in the money. I couldnt have bought an option any shorter. You could have changed the terms of the deal after we got into the deal. You cant do that. You were right the idea that rates could go lower. Now we have to figure out the market. Yeah. Its concerning, though, i guess this is really the market sitting and taking a look at the jobs number that we got on friday which is well below what had been expected. And taking all this into account with are we ready for tapering and is the economy really there . Youve got goldman. Already were going to be talking about lets keep in mind oh, god, i sound like phil. At the enof the day, 257 is where the dow is. If we build up a lot of fear, and were still above 15,000, thats the way these markets move when theyre in a long when theyre going to keep a
Economy stronger has been behind the gains lately including the ones we got today. Nasdaq climbing. 33 . Thats six straight up weeks for the dow and the s p. Thats the power of this. With that in mind, lets talk about the coming week. Next week is a truly special week for mad money because were going out to dream force. Thats sales force. Coms annual shin dig. Its the conference for all things technology. Were going right to the epicenter. This is about the shift were seeing. This is about investing in america, the new economy. Companies were talking to out there, they are just amazing. Heres a few ebay, yelp, drop box and of course his company also happens to report on monday. Well be there to interview him in person. Now, i think its safe to say that sales force. Com unearned pretty much every other company and is learn i growing faster. Theyll do it again when we get the results monday. Thats right. I can see the stock going much higher. Not higher, much higher. Beyond that well be
I have seen them in my own neighborhood. The amount of people that have. Most vulnerable where we are right now. Measures temporarily taken in states across the country. Todd we talk about people helping people, we need the government to help people. That brings us to go this congress, white house negotiating a deal on coronavirus Economic Relief. Meeting to finalize the package. Pete doug mckelway. Is with us. Senate Majority Leader Mitch Mcconnell late saturday, congress, white house huge wick relief bill, now approaching unprecedented two trillion dollars. We expect a procedural vote today early in the afternoon. Final action earlier in the week republicans, democrats Work Together to compromise bill. President encouraged by the prospects of package. Right now, theyre negotiating. Mitch mcconnell, chuck schumer, theyre all up there. Kevin mccarthy, and nancy pelosi. Theyre all. Negotiating, everybody working hard. They want to get to a solution. I think were getting very close. Repo