High profile dismissal President Donald Trump announces hes fired defense secretary marc esper on twitter. Thousands leave the regional capital in nagornokarabakh as fighting between azerbaijan and armenia intensifies. Terms in doha with only sports news 27 team asas champion Sergio Garcia withdrawals from this weeks tournament after testing positive for corona virus. American drug maker pfizer has released interim results show its vaccine is effective against the corona virus the news has been welcomed by scientists and World Leaders and triggered a surge on Global Markets the vaccine developed by pfizer and german start up by on tech was found to be more than 90 percent effective in preventing covert 19 among study participants no serious safety concerns were observed among the more than 43000 Party Percent across the globe a study showed just 94 confirmed cases of kevin 19 of the news has been called a great day for science and humanity and while the World Health Organization says t
Joe, the big story is oil prices once again im ready to move out past june move out where . June is too close if we are not going to open anything up, no reason to think it will be anything different than minus 38 a barrel it is related to the price of gold and the price of a suit, so i should have been buying andrew, you are spending 10 times what you are on a suit with those hugo boss things. Which none of them have belt loops for 4,000, you could get a couple of belt loops no hugo boss. It is ralph. Ralph who oil prices, it is not funny. This is out of the realm of anything weve ever seen brent crude only a 20year low you look at wti or what may was before the contract rolls. It is incredible supply shortage spiked overseas. The u. S. Movement, wtis june contract the price giving up earlier gains. Up 11 see, im ready to move to september. August at some point what does this mean for the saudis youve had your picture taken there on a sand dune youve got a feel. They should have done
Welcome to deborah ghost really a. Markets have just come online. Annabelle going down to asias Major Trading open. To top stories this hour. Stocks under pressure amid concern about skyhigh valuations. Apples china what was deepening with a 24 sales plunge. Haidi bitcoin retreats from its first record high in more than two years as investors take the opportunity to book profits. Annabelle Republican Voters in 15 u. S. States expected to back donald trump over nikki haley in a super tuesday primary. Lets kick it off with breaking data coming out of south korea. We had those Inflation Numbers dropping. At the headline level, you are seeing higher levels than what economist had been predicting. The estimate had been for 3 . Higher food prices. You saw a rising retail price. The dynamic playing into the numbers. When you strip it out, you take away food. You take away energy. The core reading. You saw a gain of 2. 5 . That was in line with what the estimate was shared unchanged from the m
And thats whats driving the stocks of so many Big Industrial Companies Higher even as others sell off in a bizarre confluence of good and bad news thats mirrored in todays action with the dow struggling to stay positive, up just two points. S p dipping 0. 26 and the nasdaq getting crushed, down 1. 05 . In the last 24 hours, president elect trump has announced a bunch of probusiness cabinet picks while to spare jobs that would otherwise be lost to mexico. The result is that the markets anointing a whole new group of stocks, rotating into them while slaughtering others. So i want to explain why thats happening and how you can profit from it. So lets trace the narrative. First the picks trump announced today, Steve Mnuchin as treasury secretary, wilbur ross as commerce secretary, sent a huge message. People who are probusiness and thats who this administration is going to be listening to. Progrowth, projobs. Now, close viewers of this network know that wilbur ross is a pragmatic, crafty b
Donating to the campaign and haring messages. Bloomberg today. Im mark crumpton. This is blemplingt bloomberg west is next. This is bloomberg. Bloombergwest is next. Emily im emily chang and this is bloomberg west. Coming up, twitters longawaited antiharassment tool. Does it do enough . Us spot iffy and its longstanding feud with apple. Can consumers get caught in the crossfire . First to our lead. A 4. 3 billion conclusion to the yearslong question, who wants o buy the Cloud Company lack space . The company apollo. Paying a premium over before takeover talks heated up this month. All the details from North Carolina new york. The talk did, m a talk around rackspace has been going on for years. What did 2 take to get this to this point . Youre right, this has been floating around for quite a long time. They were in highflying, rapidly growing company. En a. W. S. Steps in in 2013 and they cut their prices seven times that year and it became clear that rackspace just wasnt able to keep u