Because the old site had been sold to cheaply. Global news, 24 hours a day, powered by more than 2,700 journalists and analysts in more than 120 countries. I am alisa parenti, this is bloomberg, and Bloomberg Technology is next. Emily i am emily chang, and this is Bloomberg Technology. President trump is closing in on his first year of office, and will look back about administration has impacted Silicon Valley. As the iphone x was one of the most anticipated devices ever, and one can a analyst has cut his predictions. On aetflix stock has been terror, trading sky high for its fourthquarter earnings ons. We will discussed what is next. But first to our lead. Trying to avoid a Government Shutdown. Chuck schumer telling reporters that he had a long and detailed meeting with the president , and a good number of disagreement still exist between the two sides. For more lets get to national poco reporter on capitol hill, what is the latest . The latest is that everything is still up in the ai
Trumps travel ban, which restricts entry into the country by people from six predominantly muslim countries. The high court will hear arguments in april, and the case could produce a definitive ruling by late june. President will meet with british Prime Minister theresa may at next weeks World Economic forum in davos, switzerland. The president said last week that he canceled a planned visit to the u. K. Because he was unhappy with the location of the new u. S. Embassy there, and because the old site an had been sold to cheaply. Global news, 24 hours a day, powered by over 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg, Bloomberg Technology is next. Emily im emily chang, and this is Bloomberg Technology. Coming up, President Trump is closing in on his first year in office. We look back at how the administration has impacted Silicon Valley. Plus, the iphone x was one of the most anticipated devices ever, but one key analysts current project
Bigtime and our president will go to davos to stick it to the global elites. Dont you love it . Good morning, everyone, happening now, all indicators, dow, s p will open highest levels ever. Minor, fractional loss. Look at this, the gain in stock values since the election is now 8. 3 trillion. Yes, another very Strong Performance for your money. Lets get to politics. Big loss for senator schumer, he shut the government down on behalf of illegals, he caved, couldnt get support from moderate democrats especially those up for reelection. Illegals betrayed, democrats divided. The president rubs it in. Now i want a big win for everyone including republicans, democrats and daca, but especially for our great military and Border Security. Should be able to get there, see you at the negotiating table. [laughter] stuart dont you love it . See you in davos, mr. President , now shutdown is over, fridays speech of global elites is back on. The climate crowd, the open borders people, the income ineq
Hitting the gas. China is requiring a minimum alternative Energy Output for all Car Companies by 2019. That is not very far away. We will talk about has a and p. M. W tesla and bmw. Over thatisagree coin. We will speak to the former coo of skype. Michael jackson. Matt take a look at what the equity Index Futures are doing. Big gains across the board after we closed in the green yesterday. And the u. S. Gained as well. I have seen the word search used. 4 game could be called a surge. I would call it a rise. You see is up on futures. 1 of 1 on the stoxx 50. Take a look at the bunds. Moving in ave been tighter range than even the s p 500. Here back up to about. 5 of 1 is what youre getting for lending your money to the German Government for 10 years. Bunds yields coming back up. If you look at it over six months, does not look that impresses. Were not really at the top of the range. So keep that in mind. What else are you saying . A lot of moves because of the trump tax plan . It is the r
Gop establishment over the weekend. And Hillary Clinton in response to a question about Harvey Weinstein says, quote, we have a Sexual Assaulter in the white house, unquote. And, oh, by the way, her foundation not return weinsteins 250,000 in donations. Well get into that. Big day as always for politics and money. Varney company is about to begin. Ashley but we begin this hour with some breaking news. At least seven people are now reported injured and one person is missing after an oil rig exploded last night in louisiana. Lauren simonetti joining us for three hours today. Whats the latest from louisiana . Look at that picture, ashley. This happened about dinner time last night. Lake ponte cher train upon cher train, basically, that oil rig exploded. They dont know exactly why right now. The thinking is cleaning chemicals on the platform caused the explosion. Either way, you have seven people injured, at least seven, five of them were hearing are in pretty bad condition, and theyre sea