First, to our lead, President Trump has announced the United States will withdraw from the paris climate pact, and that he will seek to renegotiate the International Agreement in a way that treats American Workers better. Pres. Trump i am willing to immediately work with Democratic Leaders to either negotiate our way back into paris under the terms that are fair to the United States and its workers, or to negotiate a new deal that protects our country and its taxpayers. Emily the Tech Industry has already responded to trumps announcement. Tesla ceo elon musk announcing his departure from the president s council with a tweet saying, i am departing the president ial council. Climate change is real. Leaving paris is not good for america or the world. We spoke to Colleen Regan from the Bloomberg Energy finance team and David Kirkpatrick about the impact of this decision. David the gap between President Trump and Silicon Valley is a grand canyon at this point, but i think what is more inter
Shanghai composite was down by three quarters of a percentage point. In europe, some early trading there, at this hour the bulls have their way the dax is up by 0. 6 . The cac is up almost by 1 the ftse up by 0. 4 . If you look at crude oil prices, crude was up yesterday settled above 46, this morning at 45. 87 big developing story. Londons fire commissioner says theres been a flub of fatalities in a fire that broke out overnight in a high rise apartment. Fire fighters still working to put out that blaze which quickly engulfed the 27Story Building in london. Londons mayor says question also have to be answered over the safety of those towers some residents in the building say they had been advised to stay inside in the event of a fire in another part of the building so no smoke alarms or sprinkler systems set up the fire took place on the fourth floor and spread rapidly. Someone wanted to close it down years ago this building yeah. I immediately its a fire at this point with everything
Emily i am emily chang and this is Bloomberg Technology. President elect trump invites tech meters to meet this week. My exclusive interview with investor, entrepreneur, and former Google Venture ceo bill garrett. We find out what his next for the media giant. First to the lead. A techfocused meeting of the minds at trump tower. The president elect sits down with top executives who largely backed Hillary Clinton and spoke out against him. Among those attending, jeff bezos, sheryl sandberg, elon musk, and chuck robin, larry page, and tim cook. Meeting is a chance for Silicon Valley to find Common Ground with the new administration. After clashing on key issues like integration, trade, immigration, and joining us is bill merits. I would love to be a fly on the wall at this meeting. What do you think is going to happen . Do you think there will be a reconciliation of sorts . Bill i dont know. I know almost all of the individuals who were reportedly attending and they are all good people.
A French Company says its search ship has detected signals from one of the black box recorders from the egyptair flight but did not indicate how it was able to make the determination. French Authorities Say it is impossible to know whether its from the data or voice recorder. In paris, boat cruisers are canceled and emergency workers are evacuating houseboats after river overflowed its banks in paris and floods hit towns across france. Global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. From bloombergs newsroom in new york, im mark crumpton. Bloomberg west is next. Cory im cory johnson in for emily chang. 3. 5 billion injection into the Saudi Sovereign Wealth Fund the biggest injection ever. But this does this change the Ride Hailing Company for real. And we will take you through mary meekers predictions for internet trends 2016. Mark zuckerberg holds a live q a from space. Aliens, no. We will tell you how to nasa achieved stratosp
Dayal news 24 hours a powered by our 2400 journalists in more than 150 news bureaus around the world. From bloombergs newsroom in new york, im Mark Crumpton. Bloomberg west is next. Cory im cory johnson in for emily chang. Half billion dollar injection into the Saudi Sovereign Wealth Fund the biggest injection ever. But this does this change the Ride Hailing Company for real. And we will take you through mary meekers predictions for internet trends 2016. Mark zuckerberg holds a live q a from space. We will tell you how to nasa achieved stratospheric success in social media. Turned to the middle east for its biggest investment ever, the Company Announcing a 3. 5 ilion dollar raise as part of their most recent funding round, keeping the valuation at 62. 5 billion. The Saudi Wealth Fund managing director will take a seat on the board as part of the deal. Is shocking. Are these guys on a permanent fundraising scheme here . They just keep raising money and keep raising money. Guest it certa