We will show you how second site actually works. Ou are watching Market Makers on bloomberg television. I am stephanie ruhle. What are you most excited about . I want to see how these classes work. The blind. Sight to i make fun of google glass i say what am i going to do, but imagine what this company does . We will have a guy that had not seen his wife in 35 years. Until the put these glasses on. Amazing. We have breaking Economic News in the Housing Market. Mia saini is at the news desk with more. We do have breaking news across a terminal. The first, as it pertains to the Philadelphia Business outlook, coming in at 40. 8 versus 20. 7, extremely bullish. Paid, and the Employment Index these are employment figures. Investors care about this report because it gives you a good sense in terms of indication in of tristate area in terms the polls for manufacturing and business reports as well. It is delivered before the end of the month, so it gives you a sense of the usually followed pmi
Youtubes new service. She was on the cover of Time Magazine in, right . We just had the editor of that piece in last week. Loved her. It was a guy. Loved him, too. I have to say, well, the editor of Time Magazine is a woman. This was one of the deputy editors who say here. But taylor swift. That was friday. Remind me of things like that. The funny thing is, you can remember Everything Else forever, but i can remember childhood things, like back to when i was 3. Betty . No, becky. Thats just what some of our guests say. Taylor swift, i think, is a great role model for the kids. Im really glad shes out there. I am, too. Earnings are just out from dow component home depot. The company beating estimates by 2 cents. Revenue was above expectations, so was did 5. 2 increase in samestore sales. Home depot did say it has not set aside money for the costs related to that recent data breach. It says it cant yet estimate all of those expenses, but otherwise, good numbers across the board. Well see
Currency manipulation perhaps in they cut 950 jobs mortgage servicing. Basically they are shutting down businesses and spinning off some of that to fannie mae. Ever since i have been here the last five days, it seems like bad news after bad news. And i know you guys like to cover tech. And not the hard time that the banks are always having. You are losing people. You are not able to pay them as much. Google thomas and interesting google, an interesting week for google. They bought nest, the rmb is that maker. Now they are coming out with nest, the thermostat maker. Now they are coming out with this. Has a monitor for your glucose levels. This is for diabetics this could make it a lot easier. I am not diabetic, so i would not be the one using this fraud of. However having an antenna near my eyeball would really freak me out. Now they are going to know about my body chemistry . Im not sure i want google to know that stuff. We are also talking about the nsa and potential changes there. Pr
Worldst am at the Largest Software Company has named Satya Nadella as the next over for Steve Ballmer immediately. I am very excited about the choice of Satya Nadella to be the next ceo of microsoft. As the industry changes, we need to move forward. Online. Video posted this is his baby. The next chief executive has to be on the game. Has the rightlas background. There is a challenge in mobile computing and an opportunity in the cloud. ,e has driven innervation gotten architectures put together that really meet the customers needs. The opportunity for microsoft is greater than ever before, whether it is taking office and bringing facebook acquired instagram and, oh, yeah, the company went public at 38 a share. By the end of 2013, facebook servers had saved more than 300 petabytes per data. Of data. Everyone million gigabytes stores 10 million photos. That is a lot of selfies. Facebook continues to grow with its market cap close to 150 billion dollars. Zuckerbergs next challenge, making
Shares his views on Insider Trading. All that and more over the next hour. But first, lets get headlines from our rad host carol massar. Morgan stanley is paying 1. 25 billion to settle a federal lawsuit. The agreement focused on thecuse sale of mortgagesale od securities. Es. They took a million charge reduci arnings by five cents a share. Shar puerto rico had general Obligation Bonds cut to speculative grade. The s p lowered the islands Credit Rating and kept it on creditwatch with negative in cases. The u. S. Senpassed t s far bill today. The measure which president id he wiob sign sets u. S. Agricultural policy. Ose are the top headlines atadli this hour. Thank you. A historic day at microsoft. What the new chief executive had to say about spurring innovation. The first thing i would want to do and focus on is ruthlessly remove any obstacles thanyallow us to inno us to in and then focus all that an microsoft can uniquely do. Jon e joins us now from los angelfrom los give us a littl