Alleging Sexual Harassment by congressman john conyers says her client is expected to testify next week before the house ethics committee. House democrats have called on the 88yearold conyers to step down. s Attorney Says he will decide whether to resign within days. In a meeting with libyas prime minister, Rex Tillerson dismiss reports the white house plans to have him removed. Is laughable. Official said the plan is to replace him with cia director mike pompeo. Global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. This is bloomberg. Emily i am emily chang and this is bloomberg technology. Coming up, bitcoins have to the mainstream. U. S. Regulators have cleared the way to allow future specs on the feature exchange operators. We will discuss legitimacy of cryptocurrency. Plus, taking stock of uber. But will put the companys financials under the microscope after it burns through more than 1 billion in the last quarter. Hister stands
It has been make sense to me. Matt as bitcoin surges, suddenly everybody is paying attention. It seems to me at all to be outlawed. The business or any socially useful function. I think it is more likely these digital coins move into the mainstream. Bitcoin is undoubtedly a bubble it is not for me, but there are a lot of things that were not for me in the past it worked out very well. Matt that is all straight ahead on bloomberg best. Matt hello and welcome. I am matt miller. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. The week began in the midst of the years most critical days for u. S. Retail. The Pivotal Moment between black friday and cyber monday. We are passed black friday, and the cyber monday and everybody wants to get a scorecard on how retailers are doing. For brickandmortar and ecommerce. We look at the last 10 days before the holiday. That would be thanksgiving and black f
Thanks clarke and the Aspen Institute have having me back. Lucky to have the Homeland Security jeh johnson. Not going through his bio. You have it in your pamphlet. The two things that struck me as the most interesting preparing for this. It is difficult to know where to start in an interview with the secretary. He has Legal Council at the pentagon was involved in the most important issues that the Obama Administration inherited from the Bush Administration and many of you know he was responsible for helping resend dont ask dont tell he was the last legal word on every drone strike outside of the main seeders of war at the pentagon, he was in charge of the fraught issue of figuring out how to shutdown guantanamo bay, and the list goes on and on. With that background, it does make you realize why you were the guy for dhs which is another institution with a lot of problems when you inherited it. I want to ask you given that background you went from the pentagon and offense on the war on
That would be a substitute for nuclear testing. They have not allowed us to go there. In the agreement, it says very little except there will be a separate arrangement tween the iaea and iran on park in. There is a lot of negotiation left to discuss. The iran issues may shift a bit in a good direction. As you all know what we think of those capabilities and intentions, at least on a softer human side of covering iran, there are now at least some relationships. We have now been able to establish some kind of human contact with at least some of the key players in iran. We are not getting anywhere close to the leader and we dont really know what happens in the inner sanctions in iran but at least now there are channels that will be aggressive relief after so many decades where we were following iran remotely and new we could follow large movements of military forces but we really felt very handicap at not knowing enough of the internal politics. We all know this agreement was negotiated b
Was made in washington and there are limitations this morning. I am having trouble extrapolating this. We have great guests to do this in surveillance. I have a quote from john dean, from another time and place. Guy lets talk about these markets, figure out what is going on because we are starting to see a little bit of a sense of concerns in assets. Tom this is macrons chart, with the vix still under 10. 92. And there is the euroyen. Is the riskrally, on trade still there . Guy i want to start with the two year, which we are starting to see move. We are at 133 this morning. Are we starting to talk seriously about two hikes from the fed . U. S. Futures on the s p, starting to flip a little bit. The bloomberg pound Index Trading at highs. Tom i just heard matt miller and berlin talk about the lack of reaction. I did this chart for stephanie, just for stephanie. Here is the inflationadjusted dow, back to world war ii, back to 1947. The red circle on the left is the massacre of another ti