Europe up more than 1 , benchmark yields relatively stable around 1. 29 futures point to a strong open as tax reform rolls through congress. We did get the meg amerger, cvs health is buying aetna it is the largest deal. Broadcom taking First Step Towards a hostile takeover of qualcomm 11 nominees to qualcomms board. Futures rallying after the Senate Tax Reform bill was passed Early Saturday Morning. Next up is conferencing the house and Senate Versions of that bill. Republicans expressing optimism, theyll get a final bill to the president s desk by christmas and a lot written over the weekend suggests theres more similarity than differences. I think where we were midday, the report that caused one the suspension of brian ross, and a belief that nothing could happen and the senate could fail, we got a classic tip down 350 points it turned out to be once again an amazing buy opportunity and now, a lot of analysts will be stuck raising numbers i say stuck because theres so much people who
Arguments will be heard today. Create a kicko for a samesex wedding. Many people are willing to go in and listen to the arguments. We will show you audio of that later this week. Us. Y we are guests joining chief counsel and policy director. Thank you for joining us. Lets start with you. Can you explain the concept of the case from the point of the baker . He is a bigger in colorado. He was an artist and realized he could merge that with his interest in pastry chef. Views his expression of his art. He has a lot of different types of cakes that he cannot make for religious reasons. He had a samesex couple come in and ask for a custom wedding cake. He said i can make you other cakes, but when it is a custom is my expression. I cannot do that because i cannot believe this. Colorado says that violates their antidiscrimination law. Now he has had to drop what percent of his business because he cannot make any wedding cake whatsoever. Tell us why they went so far with this case. Obviously th
Four governors in the central bank of mexico. It is his first meeting as head of the central bank. In the event of a tie he was expected to be the tiebreaker. It looks like that is what ended up happening. We are not seeing much of a reaction. The dollar versus the mexican peso. We are seeing the dollar higher by a quarter of a percentage point versus the mexican currency. On the bond side as well. Heres the mexico 10 year yield year to date. We have seen a little bit of an increase over the course of the year. 7. 38 at this point in time. Thats what we are seeing markets wise in terms of reaction. Julia . 5 basis points expected and. 5 basis points we got. Joining us with more is carlos rodriguez, bloombergs Mexico Bureau chief. Obviously julie mentioned the personality changes. Are also fighting higherthanexpected inflation and of course they are chasing the Federal Reserve who also chose to raise rates this week. Exactly. It was suspected that the hiking was going to be for 25 basis
On the communicators, a visit to ces. Peter so tim, what is new in the world of tvs . Tim a lot happening in the world of tvs. Oled is building on the Great Success they have had in the segment of the market. Widely recognized as the Gold Standard in tv today. We are trying to make it better in a number of ways. We have a new processor, an under the hood type thing. The processor is what makes the picture as beautiful as it is. Processor is up to 50 more powerful than the previous ones in terms of processing speed and memory. It can do a lot better job on taking out unwanted artifacts in the picture, like noise, banding , artifacts and things like that. You will take it to the next level. Is an acronymed for . Tim it is referring to the Panel Technology which is , even thoughm lcds it sounds the same, it is a missive technology. It doesnt need a backlight. There are a few really important advantages to that. Without the backlight, you can make it slim. Our wallpaper tv is four millimet
In a defiling that it now owns 7. 5 of the food giant which makes oreos, ritz crackers and wellknown brands. Whats unclear is what the investor wants to do with the company. Ackman wanted the snack maker to grow revenue or cut costs or sell itself. Mondelez, for its part says they will welcome them as investors in the company. Ackman joins nelson peltz. His firm holds a 3 stake in mondelez. Well show you whats going on now in the premarket trading as a result of this and you wouldnt be surprised to see that they are sharply higher. What does he want to do with the company . He wants the stock to go up so he can sell the stock for more than he paid for. We were having a conversation off camera. Okay. Maybe he sees something thats not being optimized at mondelez the way that management is running things but what he really knows is i have enough money, 5 billion. I can make a splash and in all likelihood the stock will start going up just on that and then you agitate, you mess around, you