Said he was not surprised President Trumps frustration was manifested in tweets. And men have been detained weapons confiscated after counterterrorism sweeps and france. Citing the paris prosecutors office. The antiterrorism operations come five days before the french president ial runoff. Officials say it is not clear whether the arrests had any link to the campaign. Trying to stem his reach among macron macro and told Marine Le Pen he understands their anger. Polls indicate he has a doubledigit lead over le pen. Global news 24 hours a day powered by more than 600 journalists and analysts in one of 120 countries. This is bloomberg. Live from bloomberg World Headquarters in new york, im julia. On assignmentu is and we are 30 minutes from the close of trading here in the u. S. U. S. Stocks edging higher as tech shares are leading the gains. Joe the question is what did you miss . Earningswill report after the bell and investors will Pay Attention to how they can go beyond those products
Estate loans. Should the government pay more attention to art lending . I love this story. A new report says sothebys and its lending arm could be creating a shadow banking system. To hide laundered money. Crazy. Robert frank will be along to talk about that in a little bit here. A settlement for Gretchen Carlson, the fox news anchor claiming she was a victim of Sexual Harassment. More on what it means for twenty First Century fox. There was plenty of deal making. We have the stories. Dom, you first. Kick things off here at the board. Bill, merger monday. No more. Labor day holiday. Takeover tuesdays today. Well talk about the first big one. The german pharmaceutical looking to buy monosanto. Thats up 2 from the 125 bid they had before and up from the 122 bid before that. When we combine them in a hypothetical deal, the biggest Crop Sciences seed manufacturer in the world and brings together monsanto. They own roundup and then bayer as we know it in america and dr. Scholls foot care co
Guidance and the intel look, and they say they will layoff 12,000 workers as they are going to be focusing more on the cloud. And they talked about the layoffs in an cnbc exclusive this morning. Have a listen. It is a mixture of the actions to what to do to drive the company in the drirection w want, and how to accelerate the change and growth eareas, and when we did that, it came out to the 12,000ish number. And he also talked about the pc slowdown which is an area where intel does plan to scaleback. The areas that are flat to down are tending to be those mid to lowerlevel system, and both laptops, and degsktop, and it does not mean ta we wont continue to support them or bring in new innovations, but it is just that we will scale that innovation relative to the growth. So we will slow it down, and we will as far as the amount of innovation going into the segments, but we will support them absolutely. And of course, jon fortt brought us that interview in the 7 00 a. M. Hour. And he see
Dies of cancer. We are going to have the story coming up. Lauren mexican authorities want to talk to sean penn. In the nfl wild card games, greenbay came from behind to defeat the redskins. Minnesota and seattle the win with seconds remaining. Those details coming up. Welcome to fbn am, first look at whats moving in todays markets and what to expect for your week ahead. Cheryl once again this morning go to asia, asian shares sankled to the lowest. Tracy, a reporter for Chinese State television. Good morning, tracy. Tracy governing, ladies, 2016 continues to be a terrible day for trading. Another plunge 5. 3 after beijing released data and numbers over the weekend and football stocks were hammered while Coal Companies buck the trend. In hong kong the hang seng was lower to mainlands weakness. China says that Retail Stocks were broadly underwater but brokerages suffered losses. In japanese markets were closed. In south korea, down 1. 2 . Back to you. Cheryl tracy, thank you very much. La
You are watching Market Makers on bloomberg television. I am Erik Schatzker. Ceo day. Brooks brothers is kind of an old dog. Here is the key. I took my dad shopping at Brooks Brothers a couple of months ago. Really . The new dockers. Kind of. I hope it is better than that. Lets take you to the top Global Business stories. The price of oil took another dive. This time, west texas intermediate felt 4 . Hello 45 before rebounding slightly. There may be pressure on prices tomorrow. A government report expected to show that u. S. Oil stockpiles have officially increased. A warning in greece about elections. The government says greece could stumble out of the euro by accident if the opposition syrz iza party wins. If the opposition wins because they do not have the knowledge and experience they have certain ideas of their own i think it is prudent for them to ask for an extension. It will give them some time to manage the negotiations and close the review. The greek election is this coming j