As hr practices. Summer suedck last the vc firm Kleiner Perkins and cal field. She said she was preyed on by male colleagues and denied a promotion when she complained about it. Now, she is starting her own consultancy firm. She is starting a tech diversity advocacy group. Advising companies on hiring hr pay practices. After she left Kleiner Perkins, she was the interim ceo of credit. She is also on the board of clipboard and lehigh technologies and is now starting her own consultancy shop. Theyll miss an interview with the former Kleiner Perkins partner ellen pao about her new advocacy venture. That is one year after losing her discrimination lawsuit against the legendary the sea firm. Catch that today at 3 00 p. M. Eastern. We are halfway through a pretty brutal trading day. I want to head to the markets desk where Bloombergs Julie Hyman has the latest. It started in some areas of asia , spread to europe, european banks, and now spreading to the u. S. Economic orders we got in asia,
To put our content everywhere as long as we are paid for it yvonne we are all over the global conference with expert insights on the state of investment. Companies are not avoiding paying u. S. Taxes at all. Its off the table . Yvonne its all straight ahead on bloomberg best. Yvonne welcome. This is bloomberg best, your weekly review of Business Analysis from around the world. Lets start with the daytoday look at the top headlines. The week began with a bang as a huge merger imploded. Halliburton will have to pay 3. 5 billion after they call that their proposed merger. In the face of fierce resistance of u. S. Regulators and the justice department. For baker hughes they are going back to the drawing board and how they are going to go ahead. They are doing a 1. 5 billion stock buyback. I think the question now about them cutting costs, they say they can illuminate 500 million throughout the end of this year. I think the plan that management needs to prove to investors is how they will e
Cofounder and re codes managing editor. Good to see you. Good stuff to talk about. Markets higher by 51 points. Amazing three hours with Warren Buffett this morning. He talked about the election, the economy and technology. Becky quick is live in omaha to bring us highlights. Reporter great to see you again. Warren buffett is not known as a leading technologist. You could probably call him the antithesis to that but he can spot a winning Business Strategy from a mile away. When it comes to winning Business Strategies there are plenty in the world of technology. Thats part of the reason that over the weekend he gave a shutout to jeff bezos. A shareholder had asked a question about trends and buffett said we are not going to outbezos him. He added this morning with additional comments. Listen to what he had to say. There are certain people do you not want to try to beat at their own game. Certainly jeff bezos would be number one. That would be like me playing chess with bobby fisher 40 y
On what were seeing on major heat waves. Well be exploring the markets all afternoon for the next two hours and beyond. Lets get more now on todays slide from bob pisani on the floor of the New York Stock Exchange. Bob . Hello, tyler, and what were seeing is a little bit of a reversal of some trading trends, specifically around the dollar and also to a trading around the dollar. Modest rally. Look at the dollar index moving down all throughout the quarter here. The lows recently. Thats reversed a little bit today and some people are debating. The dollar may have bottomed and that may have factored. Energy financial materials were weak today. You know what the market leaders are. Energy financials and materials this quarter and a very specific reap. Those are cyclical stocks. Very specific reasons why cyclicals have done well this quarter. Let me show you the q2 trade, the trade everybody is doing. You have the weaker dollar and combine it with a stable china and you combine that with o
Kingpin is supposedly dead. Pentagon not confirming, pentagon not confirming the death of albaghdadi. Reports are confirming that the isis leader was hit in an airstrike. Meanwhile the fbi is warning isis followers are targeting american soil. With california being singled out as one possible target. Here to discuss, gregg jarrett, of fox news. We have jon podhoretz of the new york post. I like calledcalling him j of pod. Judy miller author of the story. Fox news contributor. John, j of pod, let me start with you, what do you think of the reports on albaghdadi not confirmed . Telling fox news as recently this morning there is conflicting information out there . We should operate on the basis he probably isnt dead. That is the smart thing to do we know over the past decade how many times it has been reported that various terrorist leaders have been killed and they havent. It would be a very significant thing if he were because he is clearly a kind of operational genius, this guy. He has