Waste of time and he is going to do what must be done. And even though some of the major markets are closed, investors are going to keep eyes on simmering tensions in north korea. We are going to get the Hong Kong Survey for the Fourth Quarter out of japan. Theyll get a glimpse of how businesses are feeling about the economy. You were just mentioning the top of the headline about shinzo abe and his prospect. Represented by the blue line here. That certainly has benefited exporters. Recentlyn see, as of we have seen that. With thehat has to do Dollar Strength we have been witnessing. We are going to look at how businesses field. Sincest monthly gain february. Losing a it of speed wrapping up the Fourth Quarter on friday area we see record profits from japan. Here is how we are faring so far in asia. Not a whole lot of action with markets in new zealand kicking things off. Down a fifth of 1 . Strength easing on this monday. We are seeing up a fifth of 1 . Looking for a slight improvement
Thousands of california residents have been given the all clear to return home as fire crews gained ground. Firefighters say although the dangers from the most destructive blazes in californias history is far from over, calmer winds are helping make progress. 40 have died and dozens are missing. Louisvilles Athletic Association has fired rick pitino three weeks up to the School Technology its mens Basketball Program is being investigated as part of a federal corruption probe. Todays move ins his 16 years with the program. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this is Bloomberg Technology. Coming out netflixs record thirdquarter, shares jumped to a new high. Why investors are looking beyond the spending strategy and focusing on subscribers. Plus, china sets the stage to reset its political agenda with the tech sector under the microscope. We will put beijings censorship and r
American warplanes and several vehicles are in northern libya. Oural news is powered by journalists and analysts in more than 120 countries. I am Mark Crumpton. Bloomberg west is next. I am cory johnson. This is bloomberg west. Uber wins by losing in china. They sell the business to a rival. We will hear from a board member. Elon musk is closer to combining his two companies. Does the deal makes sense . We will discuss. Surprising the industry with a new device. We will take a look at what the offer is and why there is no test. First, to the lead. After losing 2 billion in two years, uber is selling chinese operations to a local rival. It is a significant tie off. Founders joining uber. Remember, just two years ago, uber offered to invest in the Chinese Company and the company refused. About how he felt on the deal. Company, uber has respect for that Market Opportunity and it will likely be the largest ridesharing market in the world. Because of the lack of ownership in a percentage of
Hillary clinton and Warren Buffett are sharing the stage this hour. A new poll shows clinton with a 9point lead over trump. The u. S. Has launched airstrikes against isis in libya. American warplanes and several vehicles are in northern libya. Global news is powered by our journalists and analysts in more than 120 countries. I am mark crumpton. Bloomberg west is next. I am cory johnson. This is bloomberg west. Uber wins by losing in china. They sell the business to a rival. We will hear from a board member. Elon musk is closer to combining his two companies. Does the deal makes sense . We will discuss. Surprising the industry with a new device. We will take a look at what the offer is and why there is no test. First, to the lead. After losing 2 billion in two years, uber is selling chinese operations to a local rival. It is a significant tie off. It includes the founders joining uber. Remember, just two years ago, uber offered to invest in the Chinese Company and the company refused. I
Its great to have you with us today. John, how about this story, ford getting destroyed today. Do we need to be more concerned beyond the auto sector. Well, judge, im not a big fan. I like their products but im not a big fan of ford, i havent been a fan of any of the Auto Companies in this country. In fact a much better buy would have been volkswagen even though they have the rigging of emissions. Dont you look at this story and say if the consumer has been a pillar of strength at least in certain areas like ouautos and housing dont you say i need to be worried about this overall market steve. To your point Home Building, so Home Building and autos generally are the two biggest towels in terms of the consumer recovery, however this times different because of low rates and incredible financing opportunities and subprime lending still being a huge factor in auto sales as opposed to home sales brought ford a lot of demand and that demand has been satisfied so when you see all time record