This time. You can see here a lot of red in the east coast, a little bit of the yellow, a little bit of the red mixed in for the west coast, not as many outages right now as there were earlier today. This is the paypal map, you can see a lot of red in the east and coast coast, so definitely some problems still out there right now. So many people were affected by this attack nationally and right here in arizona. One of those scotts marketplace, 7,500 Business Owners use this site to sell their product. Today business was at a standstill. A cyber attack on the major internet routing form, dyn incorporated, which is based in new hampshire, affected access for millions of people a number of popular websites today, like twitter, netflix, and paypal. The Company Claims its servers were hit with what are known as distributed denial of service it basically overwhelms websites with junk data traffic. Expert fear this could be a probe in advanced of a much larger attack. This is the first move o
2,094. We got to get to dominick chu. He has a market flash. Global retail now. Earlier in the past hour we told you the news about walmart taking a 5 stake in jd. Com. Theyre going to swapt businesses a little bit. Walmart giving over the china operations to jd. Com and getting a 5 share. They were up about 8 pat going into that trading halt. They are now up about 8 . So trading just a little bit below where they were when that news first came out. Just call to your attention what is happening. There again, michelle, all of this on that bit of news that walmart is turning over its walmart china operations. It now be operated by jd. Com. And i guess in compensation for that, walmart will get a 5 stake, approximately in, jd. Com. Back to you. Operating in china has been tough for a lot of u. S. Retailers. Home depot got out of there a long time ago. They were so frustrated. Absolutely. One more thing, of course, youre talking about dealing with this whole on line marketplace phenomenon
Were getting a sense that the longterm outlook, not the shorter median terrelm, the lon term has taken focus. Where the best longterm profits reside. What do i mean the long term . Lets start with tesla, solar city. Elon musk is trying to create a onestopshop for his incredibly popular cars. It can be summed up as im smarter than you, so i cant bother with you. And except a couple of things. With this deal, musk is not planning for this year or notex year or year after that. There are 50 million rooftops in this country. To musk, that means 50 million power plants. The notion that the electric fleet will look like it does now in further times is long. Why . Because its because of nuclear, coal and natural gas. But new Nuclear Plants cant be built, theyre to expensive. Coals too dirty. Natural gas is a bridge fuel. Heres the thinking that might be one Central Place. This is what his grand scheme really is. One Central Place where we build a j a gigantic solar field. Hes thinking in the
Asked her fees are the top frustrations. Local news, 24 hours a day and more than 150 news bureaus around the world. Next is bloomberg west. On cory johnson in for emily chang and this is bloomberg west. The heir apparent to the media empire is stepping down. Myth, we will tell you about teslas excuse for missing its own forecast. A slew of Tech Companies trying onlinee a light on how lenders are working. But first, to a developing story. The disney chief operating officer is stepping down. A new twist in the Succession Plan of the Worlds Largest entertainment company. Our reporter covers disney for bloomberg. Chris, glad to have you on. This is a surprise. Chris a big surprise. The market down in afterhours trading. Our Analyst Thinks disney stocks will fall tomorrow as well. Wall street does not like uncertainty and now they do not have an error apparent. Job a littlet this over a year ago. Why is this happening now . Disney had no official comment as to what happened. Of losse repor
Ted cruz leaves donald trump. Meanwhile, trump is telling kasich to get out of the raced. Democrats, polls show Bernie Sanders leading hillary clinton. A new study on air travel quality says more flights are arriving on time, the traveler complaints jumped 34 . Its the highest level since 2000. The top reason for frustration were cancellations, and delays, and extra fees. Global news, powered by 2400 journalists in 150 news bureaus around the world. Bloomberg west is next. Cory im cory johnson, in for emily chang, and this is bloomberg west. The heir apparent to the media empire is stepping down. Plus, a sales myth, we will tell you about teslas excuse for missing its own forecast. A slew of Tech Companies trying to shine a light on how online lenders are working. But first, to a developing story. The disney chief operating officer is stepping down. A new twist in the Succession Plan of the Worlds Largest entertainment company. Our reporter covers disney for bloomberg. Chris, glad to h