And we also have ibm reporting earnings after the bell tonight. Could that add to the gains or derail this run . Thats the big question. Well get to that coming up. A lot of earnings this northern already contributing yes. To this move. Very much so. Heres netflix. Yesterday we told you about the earnings in the session today, it cannot hold those gains can netflix become the next hollywood . The streaming giant says it will make, get this, over 80 original movies next year which is in one year. More than the other studios combined is this the best use for the content spending thats coming up as the stock looks to close lower on the day. I have a lot to say on that were going to save it. Lets start with breaking news fourth round of what were calling the nafta negotiations but really the nafta renegotiations those are wrapping up. Representatives from all three countries, the u. S. , canada and mexico, are about to discuss any progress they have made. Our Kayla Tausche has already been
It is about venezuela, venezuela having some serious Economic Issues pertaining to the weather. We have written a lot about venezuela. Now we are looking at how weather can make bad problems even worse. The economy is ms there. The weather change with el nino and devastating droughts, which have an effect on the economy. Are the repercussions . What do they have to do to adjust this . More. Y have to adjust it is not just agriculture, which is a big problem, but even hydroelectric power. There are more Power Outages and even to the extent the president has said you should use your blow dryer less often. Its making lots of problems worse. People are likening it to syria where theres a terrible drought. Through. S a lot to get can you walk us through what the. Nspiration was behind this how did you come up with that . It is really about inventors. This year we decided inventors was the way to go. They they make the crazy ideas and dreams into reality. There is one interesting piece about
Welcome back to bloomberg as newsweek. You can find us on the radio on sirius xm channel 119 and a. M. 1130 in new york and a. M. 1200 and boston, sm 99. 1 in washington, d c and a. M. 960 in the bay area. A look at the century old rivalry between mercedesbenz and bmw. Heres reporter sam grove art. We have a century old rivalry. The two competitors are mercedesbenz and bmw. This is the year where the mwa is celebrating its 100th anniversary so thats 100 years of two of the top german automakers going to tell and always trying to outdo each other in the luxury car market. They have been tracking one another in terms of their developments. What aspect have the companies had on one another . Has it been motivating . A competition that has benefited all of us because luxury carmakers are the ones that pioneer a lot of the technologies that ultimately filter down to the mainstream. That is important when it comes to safety systems. The first antilock brakes were on a mercedes. Bmw pushed on
Ai apple has moving to the desktop. Lets bring in cory johnson who joins us from the Apple Worldwide Developers Conference in san francisco. Take us through the announcements we have had thus the makeoverabout series was due to get. What have we learned . The biggest news is probably siri moving from the ils, which is the operating system that runs the phone and ipad and expanding to the macintosh operating system and allowing developers to think about ways to write programs to use siri in ils and when they are writing for the macintosh itself. This opens it up to more integration. It was thought to be a competitive advantage because it only works on apple stuff. It a been thinking about Ways Companies can regulate that and think siri has gotten to a place where they could do that. I think siri is a very hit or miss product for a lot of people and apple is hoping maybe more users would mean more success for that roddick. Vonnie tell us about the name change are there changes to the ope
I read a really closely. Its about venezuela. They are having serious economic issues. Pertaining to the weather. Can you explain that . Reporter we have written a lot about venezuela, and shove it is. Now we are looking at how the weather can make bad problems even worse. Obviously, the economy is a mess. But the weather change with el nino, and there has been devastating droughts, which has obviously affected the economy. What are the repercussions for average venezuelans . Reporter they are adjusting, they have to adjust more to all the problems. It has actually affected not just agriculture, which is a big problem, and shortage of food, but even hydroelectric power. There are more power outages, to the extent that the president has said, you should use your blowdry or less often. Its making a lot of problems worse, and people are likening it to what happened in syria, where a terrible drought made things worse. Sheelah theres a lot to get through in this tech issue. What is through