Made in a president ial bid about wanting to eliminate the Energy Department saying after being briefed on so many of the vital functions of the department of energy, i regret recommending its elimination. This is about three hours and 30 minutes. Good morning. Where did he go . Hes in the front row with his wife. Okay. Im looking for him. Good morning. The committee will come to order. Id like to welcome you all to our second cabinet level confirmation hearing of this inaugural week. Id like to start by thanking senator cornyn, our senior senator from texas for being here to speak on behalf of our nominee. Always good to have you before our committee and also our fellow committee member, senator manchin from West Virginia is prepared to also offer introductory remarks for our nominee. Governor perry, i would like to extend a warm welcome to you and to your family. Know that i appreciate your desire to serve, your willi willingness to become our next secretary of energy. Ive enjoyed th
Samsung says batteries were to blame for its overheating note 7 fiasco. The company has apologized and promised to tighten battery safety. Sam suns biggest business crisis killed off its flagship device with a cost projected to be 6 billion. Global news 24 hours a day powered by over 2600 journalists and analysts in over 120 countries. Youre watching bloomberg. Thats the check of the markets. We are seeing upward pressure for the regional benchmark, gaining. 3 . Japan is moving around and be composite is up. The shanghai composite up. 3 . This is bloomberg. Caroline i am caroline hyde. This is the best of Bloomberg Technology, where we bring you all the top interviews from this week in tech. Coming up, netflixs crown jewels. The company out with a huge beat this week as new customers flock to their original content grade plus, the chipmaker in the crosshairs. We will break down the case against qualcomm as the fight over licensing heads to court. And why a judge decided not to arrest s
[inaudible conversations] [inaudible conversations] cement the will to lead but to the next cabinet lovell, bernie confirmation been delayed to start by thinking the senior senator from texas to be fair to speak on behalf of the nominees. Also the fellow Committee Member from West Virginia prepared to offer introductory remarks for a a warm welcome to you and your family your willingness to become our next secretary of energy for. I enjoyed flu at federal of learning more about your leadership in texas and your accomplishments in the area of energy and environment. I love riffled will withhold any comments texas side is verses alaska size and i won. [laughter] we know you lars seeking half to lead had an interesting and critical time helping to make our nation a Global Leader of research and development encouraging scientific exploration to foster innovation. And with those laboratories but the greatest asset those that dedicate not just to their careers to those toughest challenges th
Test. Test. Test. Senator portman . Thank you. And governor perry, thank you for your willingness to step up and serve again in another way and sacrifices that involves. I enjoyed our meeting. Its one on the couch with my colleague from minnesota. Sure. But it was interesting and we talked about a number of topics. One was the importance to my state and our nation of having a uranium enrichment capability and in ohio, we have a plant that produced enriched uranium until 2000. When president obama ran in 2008, he promised to accelerate that cleanup and just the opposite has happened. Every year, weve had to fight to keep the cleanup in place. Gone from 2024 to 2044 end date. Costing taxpayers by the way, billions more by stretching it out and not being more efficient about it. And im very disappointed in the department of energy for their inability to follow through on their commitments to the plan and frankly, its difficult for people who work there. They never know their next paycheck
Daybreak asia, coming to you live. Yvonne i am yvonne man in hong kong. Betty i am betty liu and yvonne, i was thinking about Investor Sentiment these days after what we saw coming out of north korea, coming out of Donald Trumps administration, and of course, all that leading up to the fed for next week, and you can imagine why the u. S. Wekets were lower today, and came off of our lows in the session, but we basically fell and we are off by. 3 and below that 21,000 dow level. That is caring through into asian trade right now. Yvonne we are not getting support from the u. S. But it seems like china, some of the headlines coming in seem to be up the and market positive if you take a look at the china market, so yesterday, once we saw shanghai open, the sentiment improves, so a look at what is driving the markets in the region. Let us get to the market open with Sophie Kamaruddin. Sophie perhaps some mixed sentiment driving what is going on in market but the paralysis this week, that is