Reasons. E werechurches inchil attacked today. No one was hurt. Capswn attackers through with messages for the pontiff. California, crews searching through rock and rubble hoping to find more survivors from tuesdays deadly mudslides. Dead. Ple are confirmed 100 homes were completely destroyed and another 300 badly damaged. Global news 24 hours a day powered by our 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily this is bloomberg technology, facebook shares fall after announcing a change after announcing big changes to the social network. Mark zuckerberg says it did increase User Engagement. Tackling online extremism, Congress Wants to hear what facebook, google and twitter are doing to fight it. All three tech titans are set to testify on the hill once again. And screen time, is of a Public Health crisis when it comes to children . We look at why some apple shareholders seem to think so. But to our lead, shares of first, facebook falling more than 4 o
You saw most of the major averages yesterday sitting at new highs. The dow was off by 3 points. This morning green arrows across the board. Dow looks to open up another 60 points s p up by 3. 5. The nasdaq up by a half point. Overnight in asia, look at what was happening there. The nikkei was down. It slipped by 0. 8 the hang seng and the shanghai were stronger. Shanghai up 0. 4 if you look at whats happening in the european equities market. At this point it looks like markets are flat across the board. Ftse is down by a quarter percentage point treasury yields, lets look at that market. Oil prices, dont mow if you saw this yesterday Oil Prices Surging yesterday that will be something to watch. Highest levels in quite awhile check out the tenyear note which at this point is yielding 2. 634 lets tell you about some big stories were watching the biggest here in davos, treasury secretary Steve Mnuchin making headlines at a News Conference he said the United States welcomed a weaker dollar
Devices such as cars and Household Appliances. Among the witnesses is a gary shapiro of the Consumer Electronics association. And a number with the a number with the automobile manufacturers. The chair is authorized to declare a recess of the subcommittee at any time. Today, we welcome everyone for a hearing on the internet of things. Throughout its short history the internet has been transformative and powerful tool. It has a doubling capacity so quickly that by the time you run out of your short warranty, you in fact, have a product that can outperform the one on your desk. But the internet of things, which probably refers to a Network Connected to realworld items, able to Exchange Data with each other and across existing Network Infrastructure is a newer version of what now becomes the future of our lives and our communication in the 21st century. It is estimated by 2020, there will be 25 billion connected things. Without a doubt before we reach 2020, i will be wrong and there will
Taking their cue from asia and wall street, where all three major industry saw record closes for a full year ina industry saw record closes for a full year in a row. Google pushes into hardware, amazon is told to pay back taxes and youre who revealed that billions affected by the cyber bridge, we will be looking at the weekend tech. Fallout from the colla pse weekend tech. Fallout from the collapse of monarch airlines, many of the hardest hit customers paid debit cards to pay for flights, today we want to know, are you willing to pay a little bit more to use a credit card instead of a debit card, to give you extra protection. Welcome to you, good to have you with us here on business live. We start in the indian capital delhi, where Prime Minister modi is hosting the 14th eu india summit. European Commission President Jean Claude Juncker and European Council chief donald tusk are there to discuss everything from security to migration and Climate Change. But they will also be trying to r
Got to get back in time here is what else is happening at this hour, its a good time to buy a house, if you can find one for sale. Mortgage rates hitting the lowest level since november. The 30year fix now 3. 95 , but housing inventory, the number of homes for sale, remains very low in some cities. The home of the little blue box is giving investors a gift. Tiffany boosting its Quarterly Dividend by 11 and more departures at ford. This time its Global Product Development chief is leaving. Becky, thank you very much. Folks, stop me if you heard this one before its another recordsetting day for your investments. Were in the middle of a sixday win streak propelling yet you heard scott and melissa say i but ill say it again the s p 500 and nasdaq hitting new highs. The dow not far behind. Check this out, the nasdaq is now up 16 of 19 trading days so far this month. That is putting it on pace to have the most up days versus down days of any month since all the way back in september of 1996.