Whether or not tsarnaev should be executed for his role. His defense says he was under the influence of his older brother. Minutes from the Federal Reserve meeting last month show that policymakers are split on whether to raise Interest Rates in june. Several members argued that the Economic Data and outlook were Strong Enough to warrant the rate hike, but others argued Falling Oil Prices and the strong dollar were reasons to hold off later this year at the earliest. A major deal is brewing in the generic drug business. Mylan has offered to buy perrigo for 29 billion, its largest acquisition ever. Says its board will meet to discuss the offer. A shakeup at the struggling Games Company zynga. Ceo don mattrick is leaving his role and the board. Founder and chairman mark pincus will return to the position. Last quarter zynga posted its first sales increased since 2012, but its string of losses extended to six quarters. Zyngas shares are down in afterhours trading. Google plans to launch a
Good morning everybody on this thursday here in new york city. Youre watching Market Makers on bloomberg television. Im Erik Schatzker. Stephanie im stephanie ruhle. I am british sure Monica Lewinsky is not my favorite anything i am sure Monica Lewinsky is not my favorite anything. Not my favorite intern or dress owner or mistress. Maybe my favorite beret wea rer . No. Wholesale inventories for february are out and who better to break down those numbers than scarlet fu . Scarlet we have an increase in wholesale inventories of 3 10 of 1 for the month of february from january. Slightly higher than what economists have been looking for. The previous month number also get revised higher to 4 10 of 1 . Wholesale trade sales and unexpected decline of 2 10 of 1 . Thomas for looking for a gain of 3 10 of 1 in the prior month read were revised by bigger than expect to drop. U. S. Stocks coming up a little bit here. Showing a little bit of a leg up. Looking at marginal gains of 1 10 of one perce
Online marketplace. Blackstone and wells fargo nearing a deal to buy general electrics real estate holdings. Blackstone has built the Largest Global Real Estate Investing business seeing 81 billion as of last year. For ge, the strategy of unloading assets, ge shares rose on the news. Irans Supreme Leader has refrained from endorsing the framework of the deal last week. The ayatollah said he was neither for nor against the deal. The ayatollah did insist sanctions be lifted as part of any final agreement. California regulators ordering the states largest utility, pg e, to pay 1. 6 billion for failures under the National Gas Pipeline explosion that killed a bunch of people in 2010. Is the largest in history. More than 2400 safety violations in the decade leading up to that san bruno blast. The Company Faces a billion dollars in potential federal criminal fines. And global pc sales are falling again. They fell 5. 2 in the first order quarter. The decline as corporate budgets are cut and co
Drought in the state of california. Manus cranny is in paris with highlights of his excuses interview with greek finance minister Yanis Varoufakis. First, lets get right to the top stories we are following this thursday. A number of americans filing for on a plummet benefits is that a 15year low. Claims averaged 282,000 a week over the past month, the fewest since june 2000. That raises a key question. Was the worst than expected jobs report last week an anomaly . According to the labor department, the u. S. Economy created 126,000 jobs in march. Data out this week showed job openings at a 14year high. Consumer confidence has climbed to the highest level in almost eight years according to the Bloomberg Consumer comfort index. Americans view the economy in a more favorable light and said it was a better time to spend. That pickup in confidence could signal a rebound in demand. Mortgage rates have fallen to their lowest levels in two months. Last fridays weaker than expected jobs report
This government is not seeking some extra european solution to what is a european problem. Cory grace, meanwhile has named the 495 million loan payment to the imf which was once in question. They have also increased the emergency funding available to greek banks. The news from greece helped to propel banks today. The stock 600 index of 1. 1 to an alltime high. Investors hoping the Quantitative Easing Program will boost the european economy. Meanwhile, a new report out of germany showed production recovered in january. Intels potential purchase of its fellow chipmaker altera is off. Talks have ended. People familiar say altera rejected the offer of 54 a share and will be looking for new growth as it faces a slowdown in the pc market. Hbo passed new standalone web channel has gone live today on dish tvs sling tv service. Game of thrones premiere is expected to provide another heavy day of outages. Here is the sling tv ceo on dealing with all that demand. The fundamental way the internet