Bloomberg television. Welcome back. I was on assignment for the week. Week but i didly not have a lonely week because so many people stepped in. Bill cohen was here. Was going to say you just made a fat joke. I was going to say i did miss you and i had an exciting week. I missed you too. But because i had help i wasnt lonely. It is great to be back. Today. A lot to cover lets start with the Global Business stories of the morning. Firmup led by the british bc partners has agreed to officially by petsmart. The deal is valued at a whopping 8. 3 billion. Out apollo beat global management. Petsmart has been hurt by competition from amazon and other retailers. Still boomingis in the u. S. Economy. Industrial production rose by the most since may of 2010. Reduction of consumer goods did even better, rising by the most in over 16 years. And a dubious record for the ruble. The russian currency was trading more than 60 to the dollar. This month it has fallen 18 against the u. S. Dollar. The cent
That severely damaged by electr arcing during mondays metro incident. This was in a tunnel south of the lenphant pla station. Now, early information from the nationfed s that when that arc occurred a Circuit Breaker, a safety component, tripped, cutting power to one section of track. But it would be another 46 minutes before the damaged section was completely cut off. When workers at Metro Operations Center tripped another Circuit Breaker by remote control. In the meantime ventilation fans had b turned on inside the tunnel but firefighters report were delayed by uncertaiy or weather the track they needed to get to rescue riders was still electrifie also hamper tharg efforts, just gettine doors open. Sours tell news4 that the type of railcar involved didnt have readily accessible emergency handles to open the doors. Firefigh in the tunnel were trying t get passengers to open them from the inside. Th couldnt. More than 80 people were injured as the tunnel and train filled with smoke. One
New hampshire, seven in maryland, six in kansas one in pennsylvania. An organization that helps the poor needs a lot of help itself this morning. It got burglarized over the weekend and is now missing 10,000. The office is on Martin Luther king boulevard. There are signs it may have been an inside job. Reporter it is not the way we are used to seeing the Red Salvation Army kettles. These have been cracked open with nothing but loose change around them. Administrators at this southeast dc Salvation Army say this suspect or pair of suspects broke into the building. They tell us whoever did this knew exactly what they were looking for. They gained access to this office and systematically went kettle to kettle, taking out any of the dollar currency that was in there, which could be dollar bills, fives, tens, 20s. That suspect headed for the doors in a mad dash to get out of here with all the stolen money. It was a at that point he encountered a security officer, pulled a knife on the perso
Congress. Universityrcer professor examines the life and legacy of booker t. Washington. He talks about washingtons early years at Tuskegee University and looks at the ideological platform which encouraged African Americans to establish their own economic base. Washington helped create many institutions for africanamericans, like the National Negro Business League, he also had opposition to his ideas, both during his lifetime and since. Professor fontenot compares the ideas and tactics of booker t. Washington and Martin Luther king, jr. This class is about an hour and 20 minutes. Remember we have been talking about booker t. Washington and some of you disagree that washington in fact is a seminal figure that i have insisted that he is. Because i made a statement in class that many of you disagreed with when i said washington was the most important and most influential africanamerican leader until the election of president barack obama. He is even more significant in some ways because b
From our studios in new york city, this is charlie rose. [applause] tim cook is here. He is the ceo of apple. He succeeded steve jobs in august 2011. He joined apple in 1998 against the advice of his friends and his own better judgment. It was different than the apple of today. The company had been losing sales for years and was considered on the verge of extinction. He has said working at apple was never in any plan i outlined for myself, but was without a doubt the best decision i ever made. On tuesday, cook announced what he called the next chapter in apples story at the same venue where steve jobs introduced the macintosh 30 years ago. He unveiled three new products the iphone 6, iphone 6 plus, and apple watch. He also launched apple pay, a mobile Payment System that aims to do something about the credit card. I am pleased to have tim cook at this table for the first time. Welcome. Thank you for inviting me. We have got much to talk about. You call it the next chapter. Why . The ap