Administration in jeopardy. A federal judge has suspended an injunction that blocked her appointment of her mentor, former president , as her chief of staff. Global news 24 hours a day, powered by our 2,400 journalists in more than 150 news bureaus around the world. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, apple set to unveil new products at an event on monday. Will we see an unhackable phone in the lineup in well ask the experts. Plus, its a Virtual Reality hat trick this week. I sit down with h. T. C. s head to check out their new hardware. And the show time. As the network sets out on an ambitious expansion. We catch up with the man leading the charge, the c. E. O. First, to our lead. Silicon valley gearing up for announcements from apple on monday. One day before a major ruling in the San Bernardino case, which could determine whether apple is in fact required to unlock the gunmans iphone. So, what can we expect from this event on monday .
Discussions on may 11 that will confirm the progress that has been achieved. And will being yet another move yet another step in the direction of the final agreement. Germanys finance minister is still skeptical that a deal on greek economic reform can be reached by the may 11 meeting. Bond yields, meanwhile, im resuming their rise. The yield on the two year has risen two percentage points. It is now yielding 22 . Raising one of the issues behind the global bond selloff. Investors are now pondering the end of a sixyear rally that said yields to record lows. The price of oil is rising. Up over 61 a barrel this morning. There is speculation that the oil glut may be easy. U. S. Companies have reduced the number of active oil rigs to the fewest in five years. We will see whether inventories are rising when the government makes its report at 10 00 30 eastern time. And at 10 43 easter time0 10 30 eastern time. Salesforce has a market value of 50 billion. Microsoft has not made any other offe
We are watching remarks from janet yellen speaking at 915 9 15 eastern time. First, a look at our top stories this morning. Facing new pressure by the days end. Looking at pushing tougher collateral rules on the banks. Those need the ecb to stay afloat. The greek finance minister is meanwhile up the. To have fruitful discussion to confirm and will be yet another move in the direction. Thank you very much. Betty it will be able to make intelligent way Million Dollar payment due today. The price of oil is rising again. Intermediate trading advertised level this year. Some analysts think u. S. Companies have cut the number of active oil rakes to the fewest in almost five years. We will see whether Oil Inventories are rising when the report comes out. It that will be watched very closely. Agreeing to buy another drugmaker that focuses on treatments were rare diseases. The company says it will pay nearly 8. 5 billion for bio pharma of connecticut. Synergy the is developing similar drugs. Th
Fox Business Network host Liz Claman was formally inducted into the Cable Hall of Fame at an industry event last week. The ceremony took place at the Syndeo…