Is in georgia, and has become the most expensive house race in history. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Emily im emily chang and this is bloomberg technology. Played hisjack ma trump card. The alibaba founder delivers on a promise made to the president to create one million jobs in the usa, starting with Small Businesses in detroit. Plus, the inside track on the trump administrations plans to protect. Insight from the founder of code of america, who was in the room alongside techs biggest heavy weights for the first meeting of the technology council. Tipping point. Why they found it was time to finally reward passengers for service. First, alibaba is pulling out all the stops for u. S. Business entrepreneurs. They are kicking off a two day event in detroit, michigan right now, drawing in thousands of u. S. Business owners and aiming to learn how to succeed in china through al
Is in georgia, and has become the most expensive house race in history. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Emily im emily chang and this is bloomberg technology. Played hisjack ma trump card. The alibaba founder delivers on a promise made to the president to create one million jobs in the usa, starting with Small Businesses in detroit. Plus, the inside track on the trump administrations plans to protect. Insight from the founder of code of america, who was in the room alongside techs biggest heavy weights for the first meeting of the technology council. Tipping point. Why they found it was time to finally reward passengers for service. First, alibaba is pulling out all the stops for u. S. Business entrepreneurs. They are kicking off a two day event in detroit, michigan right now, drawing in thousands of u. S. Business owners and aiming to learn how to succeed in china through al
And welcome to power lunch. Im melissa lee. Nasdaq barely holding on up about 2 wi8 points joining the dow and s p 500 which are negative etf that tracks, hitting yet another intraday alltime high and ivb is rally within health care it is on pace for best week of the year esperion, novocure, biggest leaders right now. Thank you we will find out right now which car company has the highest quality of anybody fi phil la boes with that news. Phil the latest survey on initial auto quality, surveying about 80,000 new vehicle buyers. This is what they found. Good news, reliability, quality, people surveyed after owning the vehicle for three months, never higher in all the years theyve been doing this survey 27 of 32 brands improved quality ratings. Top one, kia, for second straight year, ranks as best followed by genesis, which is luxury brand by hundred day and porsche were the top three bad news, people not happy with the Driver Assist sec knotechno are seeing Adaptive Cruise control, lane
2393 in the high so far this morning. Our road map begin with a jobs number 222 in the month of june may and april higher as well. Plus President Trump and Vladimir Putin meeting face to face in the next hour. Its an important moment for the administration. Qualcomm suing apple in its escalating battle over patents how that could effect shipments of the iphone but first up the better than expected jump in june payrolls, 187,000 jobs in the private sector that Unemployment Rate tix up to 44 as more people enter the labor force average Hourly Earnings between 2, maybe thats the only complaint some people have why that would not be higher given the number. Theres many opportunities for come plants. I look at that and i say this is one of the reasons why i remain more than i think many people want and i look at this and i say look if you get job growth that still gives the fed reason to do some normalization which can i want because thats good for the banks but i look at the categories, i
Getting worse. Wayfair shares are sinking concerns about the Online Furniture companys margins and its plans to increase ad spending weighing on the stock, down a little more than 5 off those record highs that it hit earlier. Not to mention potential competition from amazon. Well talk about all of this with the ceo in an exclusive interview coming up this hour. Who, by the way, does not consider himself in competition with amazon. He feels like their niche furniture cannot be replicated. So far neither do investors this has been one of the hottest stocks in the Retail Sector this year. Momentum stock. The question is what does amazon have planned . Dow component disney reports earnings well tell you what to expect and, yes, a first on cnbc interview with ceo bob iger and, of course, everybody is wringing their hands, of course, over espn lets bring you up to date on the markets here the dow down nine points we all know the dow has been up 10 consecutive days. Nine of those have been a