Alphabet. We will have details. Wework went from one of the most anticipated ipos to a floundering Coworking Company just trying to survive. We will look at what it faces in the new year. But first, our top story. Bloomberg was the first to report the iphone maker has a secret team working on a satellite technology, striving to find new ways to beam data directly to its devices. This is all according to people familiar with the matter. The company has about a dozen engineers from the aerospace satellite, and antenna Design Industries working on the project with the goal of deploying their results within five years. For more, i want to bring in bloomberg technologys mark gurman. What do we know so far . It is topsecret. It is operating like a startup in apple. It has the right funding. It has the ear of tim cook. It has a bunch of Aerospace Engineers and executives working on a plan to let iphones and other apple devices receive their data directly from apple developed antenna towers, s
Isas the local suggests, it five minutes to midnight in the Global Climate emergency. Carbon pollution must stop rising in 2020 and start following to keep the Paris Agreement goals within realistic reach. Very long way behind, but there is still reason to believe we can win the race. He reiterated that the paris climate agreement provided a framework to get the job done and that the agreement needed to be put to work fully. The egyptian president is calling for strong action against countries that support terrorism. His comments were an apparent. Eference to turkey and qatar the three countries also support imposing factions on the wartorn libyan region. He made the comments at a twoday forum on peace. French officials are trying to calm down nationwide protests against pension reforms. The government said that the full retirement age will be increased for the youngest, but offered a series of concessions, including their first ever minimum pension that would replace a complicated Pen
Cigna came in with great earnings and a revised higher fullyear forecast. The stock taking a bit of a dive down 2. 5 . 5 coming up, we will hear from the ceo David Cordani after that result. Guy lets talk about what is happening in europe. The oil sector is lower because of shell. The Mining Sector is down. Chinese pmi data was super weak overnight. That is what we are focusing on, particularly the manufacturing side. Weve got this sorry surrounding what is going on with the trade narrative. The lighthizer deal, basically the chinese arent convinced. Volume is reasonably good today. We are seeing a big moving yields, as you can see. Bonds are bid, yields moving lower. We are 41 on the german tenyear. Chinese data is feeding into that story. Treasury yields moving exactly the opposite direction you would have thought if the fed is going to stand pat from here. Keep an eye on the 97 level on the dxy. Eurodollar, 1. 11. We are absolutely flat on the session. Vonnie the fed cuts for a Thir
Jason and so many prominent alumni have made their way through the school. We will hear from the ceo of ab invev and the owner of the Golden State Warriors and the incoming ceo of nike, and they will talk about their experience here and also what they are seeing in the world of business. Carol so much here from stanford, plus, back at headquarters back in new york, this week it was all about the year ahead summit, a 306 to 360 degree view of the most urgent topics facing every executive. Jason we sat down with the Providence Equity ceo commend the ceo of macys and coceo jim coulter, and also i should an alum of the school. Carol first lets get to stanford graduate dean on taking the number one spot on the best School Rankings for the second year in a row. It is a testament to the fantastic faculty and staff we have here and i could not be happier to be the Top Business School this year. Jason the students will be Milling Around here very shortly. What is on their minds right now . As t
Alumni have made their way through the school. We will hear from the ceo of ab invev, the owner of the Golden State Warriors, and the incoming ceo of nike, and they will talk about their experience here and also what they are seeing in the world of business. Carol so much here from stanford, plus, back at headquarters back in new york, this week it was all about the year ahead summit, a 360 degree view of the most urgent topics facing every executive in the coming year. Jason we sat down with the Providence Equity ceo, and the ceo of macys and coceo jim coulter, and also i should mention an alum of the school. Carol first lets get to stanford graduate dean on taking the number one spot on the best School Rankings for the second year in a row. It is a testament to the fantastic students and faculty and staff and alumni we have here and i could not be happier to be the Top Business School this year. Jason the students will be Milling Around here very shortly. What is on their minds right