Betty good morning, yvonne. Uber in the spotlight, that breaking news within the last hour. Lets focus on the auto market. I want to pull up a chart for our viewers, g btv 2623. The month ofr september, the best so far this year. You can see that right here. Just within the last few weeks. The yellow line represents the moment right before the hurricane that battered texas and the caribbean. Now, auto sales skyrocketing after that. I guess you could say there is a Silver Lining for investors with the hurricanes. That meant more people are going back in the market to buy cars to replace the ones they lost in the south. That could be up to 500,000 vehicles being purchased. Yvonne Hurricane Harvey really damaged more cars than any storm we have seen in history. The big question is, will this be a one off in the data when it comes to auto sales . Certainly giving fuel to japanese automakers as we look ahead to the japan open. A lot of news on uber. Reforms limits Travis Kalanicks power now
Hill. The assailant was killed in the gunfight, and House Majority whip Steve Scalise was seriously wounded. Global news, 24 hours a day powered by more than 2700 , journalists and analysts in 120 countries. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Disney disappoints, posting its first drop in results in nearly a decade. Why the Worlds Largest Entertainment Company ran out of magic in the fourth quarter. Doj prepare boj for battle. We consider the arguments from both sides. And sean parker sheds light on the darker side of social media. The napster cofounder and facebook founding president says he has morphed into a Conscientious Objector. First, disney reporting fourthquarter earnings, showing the first drop in annual results since the financial crisis. Profit dropped 1. 2 to 1. 24 billion. Shares are dipping in after hour trading afterhours trading. O. Riple whammy disney reported a 140 million drop from investments. Joining us from l. A. Is our Bloo
Purchases with up to 1 million of debt. Gop senators Mitch Mcconnell and john mccain are calling on roy moore to withdraw from the Alabama Senate race if allegations are substantiated that he initiated inappropriate encounters with a 14yearold girl nearly 40 years ago. Moore was 32 years old at the time. Five officers who responded when the gunman fired on lawmakers during a baseball practice were honored on capitol hill. The assailant was killed in the gunfight, and House Majority whip Steve Scalise of louisiana was seriously wounded. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Coming up, disney disappoints, posting its first drop in results in nearly a decade. Why the Worlds Largest Entertainment Company ran out of magic in the fourth quarter. Plus, at t and the doj prepare for battle. New demands from the Trump Administration could derail the tie u
Are out campaigning. My exclusive interview with democratic nominee joe biden. I know what the job takes. But is President Trumps law and order message resonating . Democratic congresswoman val demings, ahead. Hello, im jake tapper in washington where the state of our union is worried about the west coast. Images that look almost apocalyptic. Fires raging up and down the west coast, burning huge areas in california, oregon, and washington state. At least 33 people are dead across the three states. In oregon officials are warning of a mass fatality incident. The governor of california says the debate is over on Climate Change. Just come to the state of california, and President Trump now will visit california after criticism about his silence on the issue. The president addressed the fires at a rally saturday night saying the fires are, quote, about Forest Management. All this as the president is coming off frankly a brutal week for his Reelection Campaign after details in audiotapes, w
Democratic nominee joe biden. I know what the job takes. But is President Trumps law and order message resonating . Democratic congresswoman val demings, ahead. Hello, im jake tapper in washington where the state of our union is worried about the west coast. Images that look almost apocalyptic. Fires raging up and down the west coast, burning huge areas in california, oregon, and washington state. At least 33 people are dead across the three states. In oregon officials are warning of a mass fatality incident. The governor of california says the debate is over on Climate Change. Just come to the state of california, and President Trump now will visit california after criticism about his silence on the issue. The president addressed the fires at a rally saturday night saying the fires are, quote, about Forest Management. All this as the president is coming off frankly a brutal week for his Reelection Campaign after details in audiotapes, well aware of the dangers of coronavirus expressin