Alphabet. We will have details. Wework went from one of the most anticipated ipos to a floundering Coworking Company just trying to survive. We will look at what it faces in the new year. But first, our top story. Bloomberg was the first to report the iphone maker has a secret team working on a satellite technology, striving to find new ways to beam data directly to its devices. This is all according to people familiar with the matter. The company has about a dozen engineers from the aerospace satellite, and antenna Design Industries working on the project with the goal of deploying their results within five years. For more, i want to bring in bloomberg technologys mark gurman. What do we know so far . It is topsecret. It is operating like a startup in apple. It has the right funding. It has the ear of tim cook. It has a bunch of Aerospace Engineers and executives working on a plan to let iphones and other apple devices receive their data directly from apple developed antenna towers, s
The starliner was abandoned. Several things went wrong. It is ferguson told us hard to get autonomous spaceflight right. And may have been better if there was someone in the starliner. Wti down 1. 7 . We were talking to dan denning about that. You can have a look at tv on your bloomberg. Let us get to the european markets. A balance in equity. Carnival is up 7 . Loreal is the best performer. Thosey the ring off claims from carmakers and industrials. It is up. The british pound is sitting in the last bit of rally on this friday. 1. 30. At thecurrent head of Financial Conduct Authority has been picked to succeed mark carney. When we launch this process, we said we were looking for a leader of international standing. Monetary, and at regulatory policy. Andrew bailey we have found that. Lucye joining me is nagin. What do we know about andrew baileys tendency in Monetary Policy . We dont know much. Although we know a huge amount about history and he has been at the bank of england a long ti
Wilbur ross tells bloomberg the china agreement is near periods tries President Trump wants this signing to take place in the u. S. The worlds Top Oil Company presses go on its longawaited share shale. They brought five brush off concern and says the price is right. Shery all change at the golden arches are the ceo is fired after breaking the policy. Markets have opened for trade lets. Lets get you straight to the Market Action. Sophie shares opening higher by 2 10 of 1 . This happened with the drop we saw for the benchmark. Keeping a close eye on westpac after a disappointing set of earnings. Ozzie yields tracking fridays drop in treasuries, rising six basis points amid trade optimism and a stronger jobs report. The aussie dollar is firmer. Offshorein on the yuan, trading below 704, building on fridays gains amid signs of stabilization. Asian stocks broadly looks to rises monday. Japan is offline for the weekend. Semiconductor players will be on watch on a report that the u. S. Govern
57 newsroom at cbs headquarters here in new york. Good to be with you. Im annemarie green. We could soon be getting a glimpse into the closed door interviews by house investigators in the impeachment inquiry into President Trump. Democrats are expected to start releasing transcripts of the interviews as early as today. Theyve also asked nearly a dozen more people to testify this week about mr. Trumps dealings with ukraine. Laura podesta is here in new york. The president renewed his call for the anonymous whistleblower to be identified. What did he say . Reporter yeah, the president said the whistleblower is, quote, antitrump and that person gave a very inaccurate report about the phone call with the president of ukraine. He also claimed via tweet that the news media knows the whistleblowers identity but is covet President Trump ramped up his attacks on the anonymous whistleblower this weekend. The whistleblower should be revealed because the whistleblower gave false stories. Some peop
Decision easterbrook, of course, took over as ceo in march of 2015 before todays move, the stock was up 96 under his leadership since he took over under that tenure, the company sold off many of its company own stores to franchisees and previeded over the launch of alldaybreak fast and mcdonalds named usa president the new ceo of the company but a lot to talk about there. Joining us to have that conversation right now about leadership change at mcdonalds, jeff simonfeld and cnbc contributor. This was a huge surprise, jeff clearly made a mistake but it was a consensual relationship and we now had a handful of these situations how do you read it well, we do see a trend here that of these roughly 90 ceos who left office last year is 40 of them was for misconduct we havent seen numbers that high 40 for misconduct and most of that misconduct was had to do with improper relationships at work but you make an important distinction, this was consens l consensual we say Harry Stonecipher at boei