Us this morning is jon fortt and good morning to both of you. Regulators are ordering apple to pay back taxes to ireland. Lets get to Julia Charter will i in brussels with the latest. Julia . Thanks, kate. As you quite rightly said, apple has been ordered to pay over 14. 5 billion, the irony is ireland doesnt want the money as the irish finance minister, they say they believe apple owes nothing and they want to protect the relationship they have with Companies Like apple and other u. S. Firms apple has hate back, saying they ultimately believe this ruling will be overruled, but i think the statement cuts to a bigger issue, which is what does this mean for other companies trying to invest in europe . Their statement says it will have a profound and harmful effect on sleismt and job creation in europe and apple follows the law and pays all the of the taxes we owe wherever we operate. This is a point i think the competition commissioner made to me, that this is not really about the tax ra
Surveying the groups defenses in aleppo, syria. A german lawmakers says if the u. K. Wants the advantages of the European Unions single market, it will have to pay into the eus budget. He says norway is a nonmember but contributes to the blocks finances in return for market access. A new poll Shows Hillary clinton leading donald trump in pennsylvania. Libertarian gary johnson is at 6 . Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Im mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. The eu hands apples harshest penalty ever, ordering them to cough up 14 billion. But will the worlds Richest Company pay . Is europe putting the tech giant on notice . Hes the godfather of online blogging ev williams join us on a conversation from everything on the freedom of internet to the future of publishing. And making tech m a history set to close a megahead deal after it was rubberstamped by chinese regu
Scandal isnt going away. Its monday, august 30. I am kenny choi. Michelle is out on assignment. Coach chip kelly was forced to face the issue again this morning after his quarterbacks after the national anthem. N a was at the headquarters and mackovic anne mackovic was at the field. Reporter Colin Kaepernick is expected to once again do this, said through the national anthem. He says he will continue to set out until he sees significant progress in america when it comes to race relations. I will continue to sit. Im going to continue to stand with the people being oppressed. Reporter kappes out on the field Running Drills today but the criticism against his stance has been furious. Some theorize it will lead the 49ers to ditch him as qb after swirling trade tax all off season. He is in a sorter back sort of competition with Blaine Gabbert but coach chip kelly says the controversy wont change who he chooses to play. We recognize his right to express his feelings but that doesnt affect wh
Going to hear from Deutsche Banks ceo john cryan. Good less than half an hour away from the European Equity market open. That me take you to my bloomberg. We are going to see a little bit of negativity reflecting that selloff we saw yesterday in the United States yesterday. Not going to be down by much this morning. 1 . To around lets show you what is happening elsewhere around the world. The gmm function. A good place to start your day. What we are seeing here is a little bit of a pickup the new zealand dollar. The end is down. Trading north of 103. That has had a positive impact on equity markets in asia and particularly in tokyo. That is a story i hope to continue to watch out for. Also that boj decision as well. In terms of what we are watching elsewhere, quantities reasonably mixed. Bond markets reasonably mixed. A little bit of a buying spree in the back end of the japanese bond market, given the news we have seen of late, nothing to write home to. With theavid ingles first word
Giants tax story. Welcome to closing bell, everybody. Im kelly evans at the New York Stock Exchange. Im mike santoli in for bill griffe griffeth. The European Union says apple must pay ireland 14. 5 billion in taxes. Ireland doesnt want the money. We have got the latest developments and someone that says it threatens uncertainty of businesses in europe. Apple shares down nearly 1 on the developments. Boeing, meanwhile, deciding not to raise jetliner prices for the First Time Since the financial crisis. See fed officials shaking their heads. Well have what it means about the broader economy. Gold prices slowing down after a big rally year to date. Is the gold run over . Well debate it coming up. After the bell, sean combs will join us live here on set at New York Stock Exchange after ringing the closing bell to talk about the latest Business Ventures and the music industry. Stay tuned for that next hour. Lets start, though, with apples tax bill in europe. Jon fortt with the latest devel