Retail sales and Industrial Production gained momentum in september. The economy is set for a faster rebound than any of its peers. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. U. S. Stimulus negotiations approach another tipping point. Secretary mnuchin and Speaker Pelosi will resume their conversations in about two hours, as the House Speakers preelection deadline zooms. How much trouble are airlines and without federal aid . We will speak to sara nelson, the International President of the association of flight attendants. And a big bet on shale. Conocophillips mobileye Concho Resources, the largest shale industry deal since the collapse
The Santa Clara County District Attorney has yet to say if charges will be filed against the driver. Two more bay area counties will soon begin loosening up more restrictions. We learned the state announce Santa Clara County in Alameda County are now in the orange tear allowing more businesses to reopen. Places of worship and businesses such as movie theaters can reopen for indoors service. 25 capacity or a maximum of 100 people. Santa clara county leaders plan to discuss the revisions coming up at a new conference set for 1 00 this afternoon. California is easy is restrictions to allow multi household gatherings outdoors. Three households can now socialize as long as they were masks and follow safety guidelines. State Health Officials had discouraged gatherings outside of of a single hassle. The state set the limit out of concern that people will be tempted to have a large indoor activities as we approach hallowing, thanksgiving and christmas. We are about two and half weeks from hall
Packing maximum winds of 126 Miles Per Hour near the center. The officials expect chanhom to approach western japan on saturday. They predict it will move into eastern s p later in the day and on sunday. Y. The officicials are calling on peoplele to stay vigililant fof strong wininds and high waves, wellll as mudslilides, floods i lowlying areas and swollen rivers. For more details on this typhoon, lets turn to our meteorologist. Heavy rainfall has been increasing across the Pacific Coast of japan. More weekend is expected over the weekend. People saw over 280 millimeters of rainfall in the past 24 hours and 138. 5 millimeters here. Strong winds are picking up and waves up to 8. 8 meters were reported in kochi prefecture. The typhoon will track northeastward skirting the Pacific Coast of japan with gusts up to 182 Kilometers Per Hour. Stormy conditions will be seen including in tokyo over the weekend. Total rainfall could reach 700 millimeters, and tokyo may have more than 300 millimet
Shocking news, an outspoken founder leaving the company. And beta bearing down on the gulf coast as they brace for another storm. This is Worldwide Exchange right here on cnbc good morning, good afternoon and good evening thank you for joining us to start your week and lets get a check on your monday money and its looking like the sell off we have seen recently. Its early but stock futures are down 500 on the dow. Nearly 200 on the nasdaq theres a ton of news out there today. Well get to all of it in a moment but theres two big and important things happening that you have to Pay Attention to right now. Number one, the s p 500 has fallen three weeks in a rowand it just flows below its 50 Day Moving Average for the First Time Since april two, the biggest stocks are beginning to underperform. Some of them meaningfully. Take a look at these the s p 500 dropped 5 this month. But the biggest tech names, names that you know, theyre down 11, 12, 13 apple, down 19 in the month of september. Rem
No to violence no to bloodshed yes to think. Less. More like. Again listen we all want to if you. Have to be acceptable people point to ration before they were broke down to no you know society because its been more acceptable there is a real risk undermining faith in the fractionation system. And i think governments are under such pressure to introduce a bank she practically. The willingness to consult and to ensure acceptability or somehow a new road to. This is boom bust the one business show you cant afford to miss fairmont to stay open washington coming up United Kingdom starts a major trade agreement with the worlds 3rd largest economy but details of its 1st post that deal will they remain unclear if any republicans failed stimulus this week will take a look at the profit to market them politics but arties. We have a lot to get to get started. The United Kingdom just clenched its 1st major postbag to deal with the worlds 3rd largest economy well the agreement with japan is a big