Trump campaign colluded with the russian government. Paul manaforts next Court Appearance is november 2. Prosecutors want bail set at 10 million. The 300is investigating Million Dollar contract to rebuild puerto ricos power grid. The contract went to a tiny Company Based in whitefish, montana, the hometown of the interior secretary. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Emily im emily chang and this is bloomberg technology. Coming up facebooks flawed fix , for fighting misinformation. The social media giant could be forced to go back to the drawing board with less than 24 hours to go for the start of silicon valleys big week on capitol hill. Plus, the telecom deal to merge sprint and tmobile could be placed on hold. We will run through the sticking points that may force softbank to pull the plug and discussed the potential impact on the industry. And Leadership Void at s
In september. After ahits a new high profit hitting 9. 8 alien dollars. Memorycts tight flash and conditions in the current quarter. Samsung buying 1. 7 billion worth of shares. Global news 24 hours a day powered by more than 2700 journalists and analysts in more , lets have aries look at markets. Moving out on the lunch break in hong kong and china. We will see how that changes later on. This is bloomberg. Reporter this is bloomberg technology. Facebooks flawed it thanks for fighting misinformation. They could be forced to go back to the drawing board with 24 hours to go for the start of silicon valleys big week on capitol hill. Plus, the telecom deal to merge sprint and tmobile could be placed on hold. We will run through the sticking points that may force softbank to pull the plug and discussed the potential impact on the industry. And, a Leadership Void at samsung. The korean giant is on track for another record quarter, but who is calling the shots . We will update the search for
In beijing europe is weak and claims a little higher than expected. The twoyear is at a nineyear high our road map begins with retail movers macys and kohls moving in different direction. Plus, more media m a intrigue the future of at t and time warners deal is in question as the department of justice asks for changes and the two sides may end up in court. And futures are slipping. Markets are awaiting more on tax reform today, as we digest a number of earnings movers. So lets kick it off with jim, who is at west point today, ahead of a big show tonight, jim. And were looking at some early weakness this morning, some attributing it to the increasing difficulty between reconciling what weve gotten from the house, what is being marked up, and what the senate is eventually going to tell us on taxes. Well, im continuing to be very skeptical im looking for a repeal and replace here in other words, i just dont think that theyre going to be able to get it together anytime soon but you know wh
Down for the week. Interesting intraday movements here, mike, what do you think is going on theres been this undertow of weakness, small cap stocks underperforming. Average stock made no progress, also a lot of focus on high yield debt the credit markets have been a leader, theyve been weakening for days seems its caught up to the headline indexes not sure if theres much more to it than that, other than pentup selling in september and october when were normally weak and skated higher through it i wonder if it has to do with anything thats been happening in the bond market weve been looking for clues weve been seeing a lot of buying in treasuries yields have come down from last week, almost around 250 and now people are looking at high yield and some of the selloff were seeing there that pinched yield curve got more anxiety, another excuse to do more selling. Doesnt take much to get peoples attention these days. Media is the big story at t and time warner, that merger facing potential p
Hour developing, as well. Mexicos president just cancelling next weeks trip to washington. Michelle cabruso cabrera onset with us. We have the panelists, steve weise, josh brown, pete najarian. Michelle, you first. Maybe not that big of a surprise, considering the jousting that has been going back and forth between our two countries over the last many days and weeks. Yeah, and its been playing out mostly on twitter at this point over the last couple days. The president in mexico putting out a tweet, saying we just informed the white house this morning that were not going to attend the event that had been planned for tuesday. This comes in the wake of him putting out a Statement Last night, saying, listen, weve heard about the executive orders, were going to try to protect our citizens that are living in the United States. And by the way, im going to have a big meeting with the senate. Governors board here, and also my Foreign Ministry team. And were going to decide, were going to have