A French Company says its search ship has detected signals from one of the black box recorders from the egyptair flight but did not indicate how it was able to make the determination. French Authorities Say it is impossible to know whether its from the data or voice recorder. In paris, boat cruisers are canceled and emergency workers are evacuating houseboats after river overflowed its banks in paris and floods hit towns across france. Global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. From bloombergs newsroom in new york, im mark crumpton. Bloomberg west is next. Cory im cory johnson in for emily chang. 3. 5 billion injection into the Saudi Sovereign Wealth Fund the biggest injection ever. But this does this change the Ride Hailing Company for real. And we will take you through mary meekers predictions for internet trends 2016. Mark zuckerberg holds a live q a from space. Aliens, no. We will tell you how to nasa achieved stratosp
San francisco. Good morning to you. Another ugly week despite some solid gains today. Dows up 175. The nasdaq is now down almost 14 for the year. Rich wong of xcel telling usa today saying, i personally dont think the environment is anywhere as close to as difficult as 2008 or 2009 or 2001, but try telling that to people in tech, kara, especially given the losses in f. A. N. G. How is this playing out in your view, both from a sentiment standpoint and more practically . I think practically, people feel good about it, odd enough. In a lot of the places im going, a lot of the vcs are happy about it. A lot of people think there was too much money rushing in, especially from the hedge funds and the larger institutional shareholders that were shoving the prices up enormously. Ive been hearing this for a while from a lot of prominent vcs, they couldnt have been compete. A little like San Francisco real estate, it suddenly got crazy crazy, and then goes back to just normal crazy. So i think e
Anna welcome to the program, you are watching countdown live from london. Lets put into context everything we have seen over the last 24 hours. We have seen a move back into the perceived safe haven place, although i should say the yen is bouncing around this morning in the session. That is nervousness around the u. S. Session yesterday. Lets reach out to where the u. S. Session took us. That came from what could be a good place, from the data. On the jobs front we got the survey in the u. S. Yesterday that shows that openings have increased the most since the year 2000. But that got investors wondering how quickly the Federal Reserve is therefore going to increase Interest Rates. That to the edge off the rest trading day yesterday. That would pick up in the asian sessions, and we see weakness coming in the session. All of that concern about the higher Interest Rates to me at a time where we increasingly see signs of slowdown, in part of the global economy. We had a number of clues tod
Solidarity and country own efforts are two sides of the same coin. A spokesman said the new proposal does not offer a substantive solution. The European Central bank policymakers reveal that buying government that was the only adequate option open to them when they debated a Quantitative Easing Program last month. Documents released this morning for the first time ever. The bank decided on a 1. 3 trillion asset buying plan in january because its at existing programs would fall short. Interest seeking to more than double its valuation the image bookmarking site try to raise 500 million in a round of funding that would evaluate the startup at about 11 billion. Last may, it was valued at 5 billion. The worlds biggest maker of foods and Beverage Cans has agreed to by the british can maker. The price tag, 6. 8 billion. They both supply cans to companies such as coke and anheuserbusch. The price of oil is down almost 5 in speculation that he was crude inventory rose to another record last we
Now sign up for the vaccine that they need. In the end zone wide open. Touchdown. Ainsley today the house is expected to move forward with its plan to force President Trump out of office. Brian by the way the browns trounced the steelers. Speaker nancy pelosi says the Vice President does not invoke the 25th amendment they will move for a second impeachment. How does that help . Steve that would be historic. Mark meredith is live in washington with reaction. Good morning to you, mark. Steve, good morning to you. It appears House Democrats plan to move quickly to oust President Trump from office it. All starts today when the house meets for proforma session. Democrat will plan to introduce a resolution to urge mike pence to invoke the 25th amendment. They want pence and the cabinet to force the president out of the white house. In a letter the speaker writes quote we are calling on the Vice President to respond within 24 hours. Next, we will proceed with bringing impeachment legislation