Helping to build houses for habitat for humanity. The 92yearold carter was dehydrated after working at a construction site. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti, and this is bloomberg. Emily i am emily chang and this is bloomberg technology. Uber hits reverse on russia and gives the driver seat to a rival. Second retreat from a major market. Doubling down on vr with a new headset and price tag. How the hardware stacks up against industry leaders. Under the gop unveils the new health care replacement. First, to our lead. Uber is handing over the keys to its business in russia. The u. S. Based ridesharing giant is teaming up with what is known as the google of russia. Ofwill take more than 1 3 the stake in the venture, valued at 7 million. It is a second retreat from a major market for uber. Last year they left china in exchange for a 17. 5 stake from a rival. This, after losing money from its compet
Front of us. We have talked before about Monetary Policy and i havent been a fan as a banker before i was in congress of going beyond the feds initial Interest Rate policies i felt like qe 1, 2 and 3 didnt produce the gdp effects or job increases that perhaps fed policy makers at the time thought. I have also been concerned that as we go back and look backwards now since 2008 that fed officials really have always been a little reluctant to talk about some of the unintended consequences of that, such as distorting the price mechanism in our economy, depressing cap rates for commercial real estate or running up equity prices which i think are a result when you have that, we have flooded from qe 2 into our economy, affecting price earnings, multiples, et cetera today i havent heard any discussion, we talked about the Balance Sheet, we talked about setting Interest Rates but i want to talk a little bit about the money multiplier aspect in your toolbox we flooded the system with reserves bu
Worth half a billion dollars to boston. But we begin this morning with a look at todays eye opener, your world in 90 seconds. Someone sent me an email. I cant help what someone sends me, you know. I read it, i responded accordingly. If there was Something Interesting there, i think its pretty common. Donald trump jr. On the defensive after russian email revelations. I dont see how anyone can deny that this brings the investigation to a whole other level. This is moving into perjury, false statements, and even potentially treason. As ive said many times in the past, theres another shoe that will drop and there will be other shoes that will drop. Severe storms moving through the upper midwest. Video shows a tornado barreling across iowa. Meanwhile, wildfires are forcing evacuations in california. We initiated a very aggressive response. Pennsylvania officials are scouring a large farm for clues in the disappearance of four young men. Investigators calling this a mindboggling massive inve
Biggest art heist in history. But we begin this morning with todays eye opener, your world in 90 seconds. Someone sent me an email. I cant help what someone sends me, you know. I read it, i responded accord g according accordingly. Donald trump on the email revelations. This is moving into perjury, false statements, and even potentially treason. Listen. Im not an expert on treason. It looks like collusion to me, absolute stupidity. Storms moving across the upper midwest. Tornado through iowa. Meanwhile wildfires are growing in california. We initiated a very aggressive response. Pennsylvania officials are scouring a large farm in the disappearance of four young men. Strangers Work Together to save a family from drowning at a Florida Beach. People formed a human chain. The wreckage of a military plane that crashed in mississippi. The cause of crash still unknown. Nelson cruz decided he wanted to oh fish yacfficiaofficiate. All that let the circus begin. The fists werent flying yet, but
Attempt to do something that hasnt been done in over 100 years. But we begin this morning with todays eye opener, your world in 90 seconds. This may go down in history as one of the most incompetent coverups weve ever had. Were now learning the conference was attended by more people than previously disclosed. This is a phishing expedition. Its clearly designed to stop the donald trump agenda. What law has been violated. Theres not a legal violation with the meeting. The deception is mindboggling, and there are still people out there who believe they were making it up, and one day theyre going realize were not. An explosive and deadly fire erupted at a condo in hawaiis kankak ckankakee beach. A drug deal gone bad. A sinkhole took down two homes just north of tampa, florida. The people of paris closed out bastille day with fireworks. President trump spending time at his golf club in bedminster while the u. S. Open is under way. Take a look what happened in taiwan. I just saw that little