Child for antitrust how it could become the post posterchild for a market pullback time to risk less. Theres a growing sector of the bank any time theres a growing activity in the banking seccer it to could be time to take a breath carter thats right, with the bump up in rates, regional banks have come back to life in a big way theres been m a in the Asset Management space so were going to look at some of these areas of the market in relation to the republican and zero in on blackrock the first chart you have three lines even though it looks like two. The top line is the s p. The threeyear chart, s p up 38 . The two other lines are tightical and two separate Industry Groups in the s p the first is s p 500 investment banks and brokers, thats goldman sachs, Morgan Stanley and others and the other is s p 500 Asset Managers and trust banks, things like t. Rowe, blackrock, invesco, state street and so forth imagine on a threeyear basis having no gains. Look at a chart since the financial cr
Lemonis . Their beloved company will fall to pieces. Pantelis well get it together. Lemonis when . When are you gonna get it together . My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2007, Zoe Tsoukatos teamed up with her two brothers to launch zoes chocolates. Zoe thank you for calling zoes chocolate. Lemonis . A Confectionery Company based in waynesboro, pennsylvania. Zoe text pam and ask her if she can cover your monday shift. Lemonis their mission to turn out exquisitely handcrafted chocolates inspired by their greek heritage. Eleni i really like the consistency. Lemonis you could say that chocolate is running through their veins. Their family has been in the c
When you ask somebody who is not from california what californias biggest industry is, they will often guess technology. Thats incorrect. They will say, its probably entertainment because they are thinking of hollywood. That is incorrect as well. The answer is just south of here. Its agriculture. Just south of Silicon Valley, you will find artichokes and lettuce and Strawberry Fields forever. Plenty wants to bring agriculture into cities with robotic farms inside perfectly controlled and with amazingly high yields. Nate story is the cofounder. Thanks for being with us. Your vertical farms are shipping to 32 stores . You will build a new one in los angeles . Thats right. We are building a farm down there to ship to hundreds. How big can these farms get . When i talk about those fields that are just south of me sometimes i can smell the garlic and onions here in Silicon Valley. We are talk about miles upon miles. You are talking about a building. Can you scale to reach demand . You know,
Afternoon, warmer than where we should be. At least we do have calmer weather by the end of the week as we check out our high temperatures this is what you can expect a high of 75 in palo alto and oakland. San francisco will reach 72. A high of 72 today in santa rosa. Well talk more about the fire danger coming up. Mike, how is it looking now for the commute . Actually, kari, we have a very smooth commute but there is an issue that just came in through the newsroom if youre just joining us. Lets take you out to the maps where the Speed Sensors are looking great right now. No major problems. We do have the bay bridge metering lights on but light backup. The metering lights only have a backup and no major problems on the maze. Up near the top of the screen i will circle it right there, highway 12 at 160 in rio vista north of the antioch bridge. Marcus, we have a cluster of fires up there which seem to be growing. It sounds like its windy as well. Well send it off to you. Weve been hearin
President macron criticizing erdogan for his insertion a regional power. Jinping, president xi opened a meeting to map out the countries next fiveyear plan. It could push the economy passed the United States within a decade. The latest roadmap will center around technological innovation, economic selfreliance, and a cleaner environment. 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, 5 00 in london, and 1 00 p. M. 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. The s p 500 heading for its biggest decline in seven weeks. Thanks to surging virus cases, the stimulus logjam, and general malaise. Virus cases rising in the midwest and the potential for fresh lockdowns already happening in europe is driving investors to sell.