Market makers on Bloomberg Television. I am Erik Schatzker. I am Stephanie Ruhle. Im here at the nasdaq at the founder summit. This brings in great names like aero and oculus, and the bankers to represent them including Goldman Sachs and blackstone. P are hot. Is stephanie, looking forward to it all. On assignment not too far away in midtown manhattan this morning. In the meantime, the monthlong feud between ebay and carl icahn appears to be over. This will give him confidential access to the company, and he has withdrawn his demands for a paypal spinoff and 2 seats on the board. I spoke to ceo john donahoe in the morning, who characterizes this as a win for shareholders. I asked him, why give carl icahn anything at all. What he has done is seeing the potential in the opportunity in our company. So he is becoming a longterm shareholder, which i think is a winwin. And dave dorman is coming on as an independent director. An independent director that i respect and that carl respects. I th
Youre watching Market Makers on Bloomberg Television. Down pouring in new york. Shes in a sunny locale but working hard. Time for the news feed top of the stories around the world. The nations job situation continuing to improve. Government report showing new unemployment claims at their lowest levels in seven years. Fell to 310,000 last week. Amazon is planning to introduce a smart phone later this month. According to a person familiar with the plan. It would ramp up if rivalry with apple. The company tweeted about an event it will hold in seattle on june 18. A picture of its thin black device offering a hint of what the phone might look like. Military jet slammed into a california neighborhood yesterday afternoon. Amazingly no one was killed or injured in the crash. The pilot ejected before the plane crashed into a residential area in southern california. Two homes were destroyed and a third was heavily damaged. General motors c. E. O. Mary barra held a town hall meeting this morning
Barra will announce that report in detroit. I am joined by mike mckee. Also, jon ferro. The story moves coming out from the ecb. Thank you. It is truly historic. They cut refinancing rates. We knew that would happen. The deposit rate has gone negative. That is a story for any major central bank. That is big. It was the one headline that wrote the euro low. Euro dollarve the down. The ecb will announce further monetary decisions. Wait for the press conference in 30 minutes. That is key. Everyone expects talk about the possibility of credit easing to get the transmission mechanism and low rates into the economy to spain and italy. Minute. Find out in 30 mike, give us more perspective. The ecb has cut its two main Interest Rates. Theproblem with that, lending rate is already below the. 15 that they cut it to. On the deposit rate, first of all, european banks do not have a lot of money compared to. With a negative deposit rate, the question becomes do you leave the money there . Absorb the
Her parents were taiwan intellectuals. Their stories need to be told. Maybe the first story they need to learn is what it means to be asianamerican, what it means to be an asianamerican now and in 2014. We have been telling the stories over and over again. When i was at npr in 1989 i thought i news room and they didnt know what to do with the story. 300,000 filipinos in the bay area. They didnt know what to do with the story. Did they send the filipinoamerican . They asked me and i said this is a story. They said not sure. As i said, i practically had to give them we didnt have the internet them. I had to say look at the numbers. They are not just in daly city. Then they finally sent me. It was 1983 in august so that is when there was the assassio story. Since then in 1987 when the philippines fell every station sent an anchor to cover the story because they knew how important it was. So that is a way that a failure turned it around and it became a big story. You backed it up with numb
/PRNewswire/ SAS INNOVATE - SAS, a leader in data and AI, announced the winners of its 2024 Partner of the Year Awards on Tuesday. The awards celebrate SAS.