And samsung and motorola getting a jump on apple created the company is expected to unveil two new iphones next week. What are the technical glitches and what will apple do in response . We will talk about the elite team of engineers dedicated to solving problems. And after weeks and delays of months alibaba released the latest ipo filing, getting close to the ecommerce company, hoping to raise 21. 1 billion. That would make it the largest ipo in the stock market history. Alibaba is going to sell 320 million shares. This would value the company as 162. 7 billion in market cap. Alibaba can begin its roadshow for september 18, or at least so they hope. Charles lee is the accounting professor and former google china executive. Also our Bloomberg Ipo reporter on the phone. Give me a sense of something we know from this business from these filings. I was just talking about this. You rarely see a company that has been around so long and has an established history, is enormously profitable, a
Lets get more on Deutsche Bank. By hans nichols. Why did this happen now . Think of it like this. You got a bad report card in september and did not go public until july. Did you rectify the underlying behavior . That is basically it. They were the problems without the knowledge of wrongdoing and thelook at the letter from Federal Reserve of new york reported by the wall street journal, it is remarkable, harsh, scathing, and it talks about the need for remedial action. In accurate and on reliable unreliable. It hit almost immediately as soon as judge bank opened up. That is pretty unusual. You get a letter from the fed and you fix it right away. Classify get a letter from that criticizing my reporting, i will continue to report in just the same way. January, we had a sitdown interview with him. He told me we want to get all their litigation costs finished. They have or they think they. Ave a strategy it is an entirely different dance. A remarkable story and you can see why the stocks r
The question is is alibaba really worth that much . And samsung and motorola dedicated jump on apple getting a jump on apple created on apple. Is expected to unveil two new iphones next week. What are the technical glitches and what will apple do in response . We will talk about the elite team of engineers dedicated to solving problems. And after weeks and delays of months alibaba released the latest ipo filing, getting close to the ecommerce company, hoping to raise 21. 1 billion. That would make it the largest. Po in the stock market history alibaba is going to sell 320 million shares. Would value the company as high as 162 . 7 billion in market cap. Can begin its roadshow for september 18, or at least so they hope. Lee is the accounting professor and former google china executive. Also is our Bloomberg Ipo reporter on the phone. Of something we know from this business from these filings. I was just talking about this. You rarely see a company that has been around so long and has an
He were reelected but immediately the questions came down to whats in that bob woodward book and whether he was downplaying the severity of covid19 as early as february 7th when he was saying that this is deadly stuff, you just breathe the air and that is how its passed. So this is a very tricky one, this is a very delicate one. It is also more strenuous, the president said, and more deadly than even your strenuous flu. He went on to say a little bit more, about a month later on march 9th after saying on twitter that the virus was not going to be that bad, and on march 19th interview with mr. Woodward he was apparently saying, i always wanted to play it down, i still liked playing it down because i dont want to create panic. At least three times in remarks before th the American People announcing the Supreme Court possibilities if he were reelected, he emphasized that again, no fewer than four times that this was not about creating a panic, this was to try to be calm in the face of all
White House Press Secretary Kayleigh Mcenany weighing in on that a short time ago. Watch. If he wants to debate, he plans on being at the debate, but he wants it to be fair and a fair exchange. He does not want rules that cover for certain candidates ability to perform well. Harris john roberts is live with more. John. The white house and the Trump Campaign are saying that these rules are because joe biden got pummeled. And that now they are trying to tilt the Playing Field in his direction. There has been talk about potential for the moderator to have a button to cut the microphones. A source told me a little while ago, a source close to the negotiation told me it was an idea that was floated by the biden camp yesterday morning at 9 00 before the commission on president ial debates came out with a statement saying they would look at changing the structure to facilitate a more highbrow, if you will discussion of the issues then we saw over the weekend. If somethingng else that contins