A big trade deal with the French Airline manufacturer air bus and french president emmanuel mccrone and finally well discuss the economics of the news now lets get to the top stories that business and financial headlines. Late yesterday President Trump addressed the now the American Farm bureau on a range of issues including nafta the north American Free trade agreement the o. P. O. Crisis and regulation while many listeners were hoping to hear more about the administrations plans on reading go shading the nafta the president only repeated familiar language about getting a better deal the president also touted the release of a report from a task force on Rural America in the report it says that of the five key areas of concentration for Rural America increasing Internet Connections is vital well yeah like they said in the Jerry Maguire movie show me the money it is unfortunately there were a number of fact all errors in the president S Farm Bureau speech and heres one take a listen and
He got a deal for three hundred planes with china to come out of of course out of the American Companies right so were specifically talking about boeing so boeing has a deal and this is another reason the europeans are here they saw three hundred point order from china through trump so why not send mccrone hes a sort of the glitter boy right now from Europe Everybodys talking about him so the same type of operation sentiment and see if he can get more planes to be signed on or trying to sign on for more points now they were thinking that they might get a deal for one hundred this was not a part of the delegation or what they were officially a part of you know coming in to sign for that it didnt happen so a lot of people saying well you know what theyre disappointed not really because in the past couple weeks weve seen some findings eight million billion i should say a dollars worth for seventy five airliners by a Company Called China Aircraft Leasing Group holdings and also last summer
Point two percent and never once during the Great Recession did Consumer Electronics not have an up year so its a very dynamic industry to watch and there are one hundred eighty four thousand of us from one hundred fifty countries watching it here all week at the Consumer Electronics show interesting lee the Consumer Electronics show has given we in the media strict instructions not to use the phrase Consumer Electronics show in fact the Consumer Electronics association actually change their name to Consumer Technology association for a couple of reasons one is that theres a lot more to it than gadgets now you often report on bitcoin president ial tweets grab the headlines and amazon twitter air b. N. B. Its not just gadgets anymore and frankly in a an exhibit hall the size of fifty football fields here theres a lot of stuff that just isnt gadget like so theyre trying to shake the image of this as a gadget show well i always go to you know brookstone for my gadgets when im traveling th
The Technology Sector was the biggest market mover in twenty seventeen in fact the s. And p. Five hundred tech index jumped thirty seven percent last year and theyve started off with a big bang in twenty eighteen in recent days the s. And p. Five hundred index rose above twenty seven hundred for the first time and other major indexes hit record closing highs as the techs climbed amidst robust Economic Growth for Technology Stocks alphabet i. B. M. And chip makers have been the biggest drivers recently but it isnt just the big players in techs that are making moves hollin cook hosts the big post of the big picture which airs at seven pm on friday joins us from the Consumer Electronics show in Las Vegas Holland thanks for being with us should assume or electronics is a big business in and of itself whats going on in vegas. Well this is a three hundred twenty one b. Billion dollar business each year this year in the usa alone forecaster grow three point two percent and never once during t
Anna good morning, everyone. This is bloomberg daybreak europe. Breaking headlines from switzerland. Newing authorization of a Share Buyback program. The backward looking numbers netting. This comes in ahead of estimates. This is a year where we have heard from many of the insurance the backward lookingcompanies py natural disasters including forest fires in california and earthquakes and mexico. The only positive from the business perspective from all of that for the insurance sector is willthere is hope this lead to falling prices. That is one thing we are watching out for when we hear lead to falling prices. From swiss re. Regarding softbank, they have confirmed that they do have some interest in it. It is trying to turn it into a technology investor. It wants to purchase as much as a third of the swiss re business. They say they are in discussion softbank on a potential minority investment. We will continue to watch those headlines. Let us get an update on the markets overall. Let