[laughter] one of the most powerful women in the Business World is ruth porat. She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now the cfo of alphabet. In that role, she has the normans influence at the company and has done a terrific job of making sure their Balance Sheet works well and that they are much better organized in the financial sense. I have no doubt she will be a power at alphabet for some time unless the next president of the United States says i would like her to be secretary of treasury. She would be a terrific candidate for the position. During this period of time google has done quite well , and alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 and market cap over 200 . Then quite well under your leadership. But i am curious, are more people looking at doing searches now during this covid19 time than ever before or are people
Good morning and welcome to bloomberg survellance. Francine lacqua here in london. The interview of the day is when we have a conversation for the Vice President from facebook emea. That we also heard from ursula von der leyen, the president of the European Commission. 225 billionlanned euros in green bonds that may have an impact on markets. Later on we look at etf. Stocks are actually rising ahead of the Federal Reserve meeting. Treasuries and the dollar pretty much steady. Crude oil extending gains. Lets get straight to the bloomberg first word news. Ruled the u. S. Violated International Rules by imposing tariffs on china. It is unlikely to lead to changes in washington. The white house can veto the decision by appealing. It has paralyzed the wto by blocking new appointments. President trumps controversial pick for the Federal Reserve senateoes not have the support needed to win confirmation, according to the number two republican in the chamber, senator john thune. Received critic
[laughter] david one of the most powerful women in the Business World is ruth perez. She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now alphabet. She has a norms influence and has done a great job in making certain their Balance Sheet works well and they really are more better organized. Ive no doubt she is going to be a power to alphabet, unless the next president says, i would like her to be secretary of treasury. She will be a terrific candidate for that position. During this time google has done quite well in alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 in market cap over 200 . Done quite well under your leadership. Im curious, are more people looking at doing searches during this time than ever before or are people not spending as much time searching . Ruth people are spending a lot of time searching. We have trillions of searches e
Calling the platinum plan to encourage black economic empowerment. We will take you there as soon as it begins. It comes as the latest tiktok deadline has come and gone. We just have breaking news out of washington, d. C. The Justice Department has filed an opposition to a judge, district federal judge regarding a request from the Parent Company of the Popular Video app to delay its u. S. Blacklist late sunday. 11 59 p. M. Sunday night, this thing goes dark on app stores. Charlie gasparino has latebreaking details. And theres a new riverboat gambler on the scene, looking to bring yet another Online Gambling app to you through a spac. The spac is really getting cleaned here. The brainchild behind Kim Kardashians game is here. Less than an hour to the closing bell, lets start the claman countdown. Liz breaking news. We will get you that news out of d. C. Regarding tiktok but auto makers are hitting a red light right now after true car forecasts total new vehicle sales will drop 12 year o
Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track