Ignite. The blast destroyed more than 500 homes. ,lobal news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. Im Mark Crumpton. Emily im emily chang and this is a special edition of bloomberg west from the storied m. I. T. Media lab in cambridge, as it use its. Its the birthplace of so many innovations like touchscreen devices and gps. We have spent the last few days speaking to the entrepreneurs and investors driving the startup scene and heard from the cities established layers in robotics and i o tech. The next hour going behind the scenes to where the ideas are conceived. The media lab specializes in antidisciplinary thinking, looking for misfits and rebels, working on Ground Breaking products no one else would take a risk on. Other ideas that got their start here, the precursor to google street view and one narrow by all it is here just one Mark Zuckerbergs breakthrough price. The media lab is Pioneering Research in biology, agricultur
Akron steady rain. And that extends down into columbiana county. Take you to the Greater Cleveland area here. Here we have heavier showers coming through right now. This is all coming up from southeast to northwest here around sangmore hills. Its coming down in streetsboro. Right through the city of akron. You see the red color there that extends into northern stark county. More rain tonight. I mean, its very little overall change her rain and thunder. So we have the alert out all right. We have the wet roads. Some areas ponding. Muddy fields for the game. Decreasing wind. Im going to update you regarding the risk of rain coming up. More developments from the browns this afternoon. Mark after josh gordons rehab announcement. Is the team done with him . Tony is here to talk to us. Tony the answer is yes. An official announcement. There is a sensitivity with gordon entering rehab. Theyre done with them. The feeling within the organization is enough is enough. And that feeling is understo
Nearly 200 points. The dow, which was the worst performer yesterday, has been leading gains today. Value across the board, a broadbased rally. Materials and Energy Leading as we have underlying commodities rallying. Industrials, financials, consumer discretionary, technology, all those groups up by at least 1 in todays session. If you look at energy stocks, some of the percentage standards, crude oil up by more than 2 . Concerns about supply disruptions in libya and nigeria. Thehwestern is one of biggest percentage gains today. Financials are doing well. They are raising as we see little bit of a bump up in treasuries to not a big one, but enough to see an upsurge in the financials. Bank of america leading percentagewise. Broadbased rallies. Any hidden movers . Julie agriculture. Alix steel would not say they are hidden, because she was excited about the usda Crop Forecast for the globe. The indication is that the global glut will not be as bad as feared. , potash, agrithem all trading
Some extent. We got the fed minutes, and it would seem that december is likelier than not, but once again, the fed is emphasizing the gradual pace of rate increases. Stocks are little changed, but twitter between positive and negative. If you look at the bloomberg terminal, you have the poroshenko. Utilities trading height push and pull. Utilities trading higher. Tech and Consumer Staples doing well. Health care and energy the big laggards. Health care, on United Health cares announcement that it is considering trimming back on its Affordable Health care act coverage. Again,trading lower once although it has paired its declines once again to some extent. Still a hangover from yesterdays inventory report. Interesting call today. Goldman sachs says the mild winter, if we see it continue in the u. S. And europe, that we could see oil in the u. S. Fall to as low as 20 a barrel. This is even though brent is higher today. Wti is taking a hit. The dollar is declining. 0. 08 , on this assumpti
As far as earnings go, Urban Outfitters reports at 4 00 p. M. Brunomaker moleskin cucina lee cucinelli he makes those fancy coats . I dont wear them but maybe scarlet fu. All the wicked fancy guys. And wicked expensive. Wicked. A boston thing. Lets do a data check. Stocks, bonds, currencies, commodities and futures flat, 10 year yield turning off the better than good jobs report. The euro, 1. 3877, higher through friday and through australia this morning. Nymex crude goes nowhere. Foreign exchange, the yen, desperateally getting into weakness and the ruble stays stubbornly week for mr. Putin. , a decline. Again, off of china. How about a chart from the bloomberg terminal . China boom, and we collapse. A classic rollover. A lower highs and lower lows. Not good. Leland miller will join us this morning. He has been dead on on the slowdown in china. Really looking forward to the conversation. What a busy weekend . We scoured the papers. Scarlet fu gets us started with a difficult story. Ni