The coronavirus. They say they plan to release enough tests so all 50 states can free at least 2 of their residence. Joining us from amazons home seattle,he mayor of jenny durkin jenny durkan. We doubt that seattle was one of the early epicenters but early moves prevented seeing some of the dismal numbers we have seen elsewhere. Give us a status update in terms of the Testing Capacity. Mayor durkan on the good news front, at the height of the outbreak, we had a transmission rate of about three. We were seeing cases rise really quickly. We were able to do our measures pretty quickly, first by having the Tech Companies telecommute as well as the cities and larger employers. Today, the transmission level is below one, so every person who gets the virus is not even transmitting it to another person. All of the epidemiologists are saying that is where you need to be for a significant period of time. I think probably the worst news is that we are nowhere near the Testing Capacity that we nee
Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if
Investors are considering the risks to the companies growth. Making that move today joins us live brian, welcome. Thanks for having me. Yeah, one of the big reasons that you made this call today. Theres several my view on the stock in business is that its a great business and a great stock accept for the fact that it hasnt gotten a lot better in the last 8 months. In fact the conditions around it have gotten worse. You know political macro uncertainty. Thats not good for them you have more awareness at least on my part thats a new Consumer Privacy protection policy that will be in effect as of may of next year. Thats using data to target advertising that very few investors are even aware of in the united states. Next you have increasing problems with viewability that marketers were not aware of last year and 2 of ads viewable by one study i have seen. 20 by some others i dont think most large marketers are aware of this and hasnt impacted how they were budgeted you see the news on thur
Russia. President trump says he retains his total confidence. We are about 30 minutes away from the open in china and hong kong. Day tracking these losses that we had on wall street. They are just kind of checking themselves at this point. A run up a little bit too quickly. In hong kong. Once going on . We do have stock investors after thursdays gains. And acrosss in japan the board here. Down over 1 . Sincefter rising the most november. Minors, the biggest drag. And base metals also slipping today. Checking in on korea, the cost be down about. 8 . Stocks are falling after china reportedly ordered agencies to stop selling packages to south korea. Month andraded last would benefit from the growth in chinese travelers. Now in the red falling over 10 . It was up over 12 . Keep in mind that shipping will Start Services this month. , i want to on taiwan highlight tech stocks. The Economic Daily reporting that it has received a boost in assembly orders to 10 . It saw a sales jump 33 on the b
General motors is ready to announce the sale of the struggling european union. Is said tor vauxhall be worth about 2 billion u. S. It would give gm an answer from a business that has lost it more than 9 billion from 2009. Breaking news right now a prosecutor accusing samsung of conspiring to hide bribes. We will continue to follow this story and give you more details as we get them. We are watching a live picture there out of seoul on these announcements. Again, a prosecutor accusing the samsung heir of conspiring to hide bribes. More on that later on. This is bloomberg. Caroline i am caroline hyde. This is the best of Bloomberg Technology. We bring you all of our top interviews from this week in tech. Coming up, snap. The big picture. We get you up to speed on the trading day debut as tech ushers in its first ipo of the year. Plus, Travis Kalanick gets his closeup, and it is not a good look. How ubers ceo was caught on a tape in a video handed over to bloomberg. We head over to barcel