That we are going to bring back jobs and wealth that have left our country in most people thought left our country for good. Maria what the proposal means for big business in new money coming up. The market this way after pretty good job yesterday. Investors have a final reading on secondquarter gdp due out in about two and half hours. Could be a market mover. The european indices this morning looking higher across the board. The dax index of a third of a percent in germany. St 100 in theacm fractionally. Asia overnight markets close this way. The nikkei average in japan up half a percent. Hang seng in hong kong down 1 . Also watching oil prices this morning. Crude oil touching its highest level since april 1952. 73 a barrel of other than 1 . Equifax apologizes as the newly minted ceo says hes sorry in a wall street journal oped to make things right and customers lock and unlock for life. The new production you need to know before ordering your new next iphone. The stock this morning n
Thoughts on apple and the hot investments that he missed. Its a merger monday. Comcast and charter, theyre not merging, dont worry. But they have an announcement. Kate spade and coach, yeah, they are. Plus other deals brewing. And france has decided what the new president means for the u. S. And the global economy. First up though, Warren Buffett sharing his latest views on investing this morning. This is what the oracle had to say to becky earlier this morning on squawk about stock valuations. The most important item over time in valuation is obviously Interest Rates. I mean, if Interest Rates are destined to be at very low levels, not necessarily as low as they are now, but very low compared to the 100 year averages or 50 year averages it makes in i stream of earnings from investments worth more money. Buffett said bonds is a terrible choice relative to stocks. Take a listen to that. Anybody that prefers bonds to stocks is making a big mistake. I have been saying that year after year
Own firsthand experience even something as basic as emergency radios working can still be a problem in a terror attack. I can tell you as a former commander of the s. W. A. T. Team and we would do operations in and around the hilly areas of the city which are most of the city, you have problems. Its tough to communicate. That is the achilles heel for any kind of operations. But not all challenges are technical. Theres also the issue of how to control the soft targets like a crowd leaving a big events. When youre in a situation where youre dealing with a large group of people, its more difficult. Reporter beefing up security after manchester events . We do threat assessments an outline events. Reporter there are challenges. For example, shortly after donald trump became president , San Francisco police opted out of the Fbi Joint Terrorism Task force. There were some concerns from various members in the community on our policies and our participation. Reporter what was the concern . Firs
Start of friday. And we will look ahead to wall street as well. The british Prime Minister offers to ensure the post Brexit Rights of Three Million eu citizens living in the uk. Later well have a wrap up of this weeks big economic stories with our correspondent andrew walker. Research in the Daily Telegraph has found well qualified people who voluntarily talked about Theirflaws Injob interviews were more likely to win the role. Today we want to know, what are your weaknesses . Being Gay Perfectionist is not allowed get in touch just use the hashtag bbcbizlive. Being a perfectionist. Always horrible when that question comes up. We will share hours with you later. Hello and welcome to Business Live. We start with the price of oil, because once again despite the best efforts of the Oil Producing nations to prop it up, it is on the slide. Lets show you whats been happening. This week the talks all been about this guy hes back. Traders refer to a bear market when the price of an asset falls
Pounds under pressure although german Business Sentiment did hit a tenyear high. The samsung saga getting worse. Galaxy note 7 smartphones permanently discontinued. How are the other players like apple being impacted . Well have the latest from twitter. Well give you the latest on the continued talks with salesforce. Alcoa shares falling this morning. Coming up we dig into that report and talk to Klaus Kleinfeld in a cnbc exclusive. First up, samsung has permanently halted production of its troubled galaxy note 7 smartphone. The recall could cost as much as 17 billion. Apple is poised to open at its highest level since december of last year. The stock is up 21 in the past three months. Were now on to a cycle where the replacement phones are catching fire. The company says if you have them, turn them off and were simply not going to make them anymore. I believe the company told people in china that it was the batteries that were the issue. They tried to make a little difference about th