Have some work to do. We go into the fall at half strength. This election is too important to go into an election at half strength. We need a real unification of our party. Mark last week, the speaker said he was not prepared to endorse trumps candidacy. Arson is to blame for a fire at a fertilizer plant in 2013, causing ammonia nitrate to ignite. The blast destroyed more than 500 homes. Global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. Im mark crumpton. Emily im emily chang and this is a special edition of bloomberg west from the storied m. I. T. Media lab in cambridge, massachusetts. Its the birthplace of so many innovations like touchscreen devices and gps. We have spent the last few days speaking to the entrepreneurs and investors driving the startup scene and heard from the cities established layers in robotics and i o tech. Now we spend the next hour going behind the scenes to where the ideas are conceived. The media lab s
Coming up in a few minutes. A couple of different stories were watching. The nasdaq partying like its the year 2000. Closing above 5,000 for the First Time Since then in only the third time ever. The nasdaq now. 8 away from the record close. There is a surprise from down under this morning. Australia central bank holding back on further easings. Gasoline prices jumped 37cents a gallon. Now thats the largest week to week increase since the agency began its survey in 1992 but life is relative and if you remember where things were six months ago its hard to complain. So it doubled in three and doubled again in three. So it doubled 72 divided by 3 is 24. 24. So its probably is it 24 return in six years if it quadruples . Yeah. If it sits right you can do it. So the nasdaq is up so instead of 6 or 7 for equity appreciation the nasdaq since 2009, 24 a year. So stay out of the market. If you put that money in 15 years ago youre just giving it back. They didnt have money 15 years ago. They wer
Few Office Building and the Company Faces a lawsuit saying its not nearly as Energy Efficient as advertised. So despite the buzz he says there are potential bumps in the road for cars and spinoff products. Theres a lot of risk still surrounding this company which remains. Reporter the announcement will be made at 8 p. M. In southern california. The residential batteries will cost an estimated 13,000. That would be a game changer if it all pans out. It would allow to you basically power your home at night off of the power generated during the day. Big difference. Huge. All right. Oakland mayor libby schaaf has tried to sell her Crime Fighting plan in a unique way. Kpix 5s ryan takeo is live with the pitch that comes with a couple of beers. Reporter thats right. How do you get the public interested in budget issues . You hold the release party at a brewery. Thats where we are at linden street brewerry. You see mayor schaaf right here. Talking about her budget, a huge part of it is based
Street smart starts now. There are the top stories ahead of the closing bell. Mylan made a hostile bid the perrigo deal would be my lens biggest yet mylans biggest yet. The real fraud and markets can be found in the pool of debt from europe to japan. The bubble is not sustainable. The statue of liberty on Liberty Island evacuated this afternoon after police receiver sports reports of a suspicious package. Police patrolling picked up the scent of a suspicious package charlie before 1 00 p. M. Lets go to the breaking news desk. After a 15 year drought, the nasdaq closed at a record high yesterday. Clearly the performer among these three major indexes. Volume and nasdaq stocks is 15 above the 10 day average. Google, microsoft and amazon those earnings those come from three Nasdaq Companies that Strategic Research group calls tax staples. They have matured into these cash generating behemoths with all of the above strategy for growth. That is helping to propel the nasdaq and leading to wha
And comcast. Tom salesforce will be interesting. Lets get to the top headlines. Olivia it was a night of relative calm in baltimore. There were a few scuffles about the curfew. The worst writing was on monday. Most protesters went home. On friday police will turn over their investigation into the death of freddie gray to the states attorneys office. It will not be made public. Gray died of injuries suffered in police custody. A prisoner who share the police van with gray could hear him banging against the walls. He believed he was trying to injure himself. That report came from the Washington Post. Safety concerns led to a first for major league baseball. A game played without fans. The orioles beat the white sox behind closed doors, eighttwo. The death toll has climbed behind past 5500 in nepal after the deadly earthquake. Aid workers are delivering food, water, and medical supplies. Rescue crews pulled a teenage boy alive from the rubble of a collapsed building. It has been five days