More convinced than ever that there should be hearing on president Obamas Supreme Court nominee. Susan collins met with Merrick Garland on capitol hill for more than an hour. She is one of two gop senators to call for hearings, but Senate Majority leader, Mitch Mcconnell said there would be no hearings or votes. Polls show ted cruz leading donald trump in todays wisconsin primary. Cruz got a big boost when he was endorsed by the state Governor Scott walker. Bernie sanders has a lead over democratic frontrunner hillary clinton. Global news 24 hours a day, powered by our 2400 journalists and more than 150 news bureaus around the world. From the Bloomberg News room, i am mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, twitter seals the deal for streaming rights on thursday night football. The Details Behind twitters latest play for online programming. Plus could home advisor be the tech uniform . We talked to the ceo about plans to scale
Charts straight ahead. Hello and welcome, i am scarlet fu, this is bloomberg best, the weekly review of analysis and interviews from around the world. Lets begin the book at the top headlines with a recession report astonishing report from monday, the Panama Papers. A new report says will letters, criminals, and celebrities used companies to hide their wealth. According to investigative journalists, at least 2 billion in transactions involve people and companies linked to vladimir putin. Canada irm in panama. They are newspapers lighting up with interpretations of 11. 5 million 11. 5 million documents. 11. 5 millionout files from the world fourth. Argest offshore law firm you are try to conceal your identity, conceal your mouth. That is not legal. The issue right now, the law firm, how much protection they have, a huge security breach. A lot of this is legal stuff. And it isillegal, used by High Net Worth individuals for state signing to reduce taxes and completely legal format, and th
Companies making this Energy Conscious decisions. Scarlet the stories straight ahead on bloomberg best. Scarlet hello and welcome. Im scarlet fu. This is bloomberg best, a weekly review of analysis of Bloomberg Television around the world. Lets look back at an astonishing release on monday, a trove of documents immediately known as the Panama Papers. A new report says world celebrities have used Shell Companies to hide their wealth. Ofording to a Group Investigative journalists, at least 2 billion in transactions involved were linked to people involved with vladimir putin. All these are newspapers lining up with interpretations of 11. 5 million documents. That will get your clips if you put in the headline, but what this is about is 11. 5 million files from the fourth largest offshore law form. Your tried to conceal your identity and your wealth. That is not illegal. Your issue right now is that you are looking at the protection you have and this is a huge security breach. A lot of thi
It was after all leaving for more because the university of chicago such as noble laureates Milton Friedman using simple rules of supply and demand who most forcefully pointed out the fragility of prohibition. This approach was ago by none other than one of latin americas most renowned and into his recent drug warriors, former mexican president Lupe Calderon took he acknowledged the failure of his own drug policies. The end of the term in 2012 he told the wall street journal the following, if the price of drugs goes up thanks largely to interdiction efforts and that demand is the same you will increased profits for your putting more incentives for participants in the market. He went on to say that it is clearly a textbook case for Economic System which is the more successful you are, the more criminals you are creating. This is precisely what the world drugs have been doing for over 40 years. Tom wainwright writes prohibition has driven up the price of a few cheap and cultural commodit
Welcome. A blowout quarter from amazon that few curve predicted. The Online Retailing powerhouse continued to drive along to get people the items they want at their doorstep when they want them. And its efforts are paying off. More customers joined its prime Loyalty Program and revenue jumped in its Cloud Services businesses. Look at the numbers. Amazon reported earnings of 1. 07 a share, estimates were almost half that fay cents a share. Sales of 29 billion were 28 higher than a year ago surpassing not only wall street estimates but amazons own forecasts and as for shares, they took off. Initially in afterhours trading, there is a chart of them. Josh lipton has more on amazons strong results. Reporter 1. 1 billion. That was a big number in amazons earnings release. It refers to the operating income that amazon reported for the first quarter, and it was way above analyst estimates. Aaron kessler of Raymond James says that number proves two points. One, amazon candle straight leverage w