Encounter with a 15yearold girl in 2012. In the 1970s. Abner gomez was criticized for taking a vacation less than a month after Hurricane Maria slammed puerto rico. His resignation came a day after demands by the governor that cabinet members submit unsigned letters of resignation and devote themselves completely to recovery efforts. A potential formal meeting between Vladimir Putin and donald trump at the asiapacific summit was scratched. The white house cited a scheduling conflict. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily i am emily chang and this is bloomberg technology. Alibaba singles day clock 8. 6 million in just an hour. How chinas oneday shopping bonanza stacked up against americas. Plus, a touch of ai. Short form video platform has agreed to a merger. How it opens up markets around the world. And another dent in ubers london operations. What a judges decision in favor of drivers means.
75. 62. 5 basis points is where we are in terms of rates right now. You can see where we are in the markets, which did sell off after Janet Yellens decision or the fed decision and the european markets, up across the board. I always do like to see spain and italy, thank you very much, control room, for throwing those in there. Tenyear note yield the key here. We eclipsed 2. 5 yesterday after the fed meeting. Where do we stand now . 2. 587. Crude oil is down on the morning over almost 2 . Our road map this morning starts with the step back in the rally. Stocks slipping after the fed raised rates for the first time this year. Plus more on trumps meeting with big tech, the fallout and the upsides from mega caps in silicon valley. And yahoo discloses a new data breach affecting 1 billion accounts does it put their deal with verizon in jeopardy. Lets start with the fed raising Interest Rates by 25 basis points. First time this year, second time since the financial crisis. They also signaled
Pounds under pressure although german Business Sentiment did hit a tenyear high. The samsung saga getting worse. Galaxy note 7 smartphones permanently discontinued. How are the other players like apple being impacted . Well have the latest from twitter. Well give you the latest on the continued talks with salesforce. Alcoa shares falling this morning. Coming up we dig into that report and talk to Klaus Kleinfeld in a cnbc exclusive. First up, samsung has permanently halted production of its troubled galaxy note 7 smartphone. The recall could cost as much as 17 billion. Apple is poised to open at its highest level since december of last year. The stock is up 21 in the past three months. Were now on to a cycle where the replacement phones are catching fire. The company says if you have them, turn them off and were simply not going to make them anymore. I believe the company told people in china that it was the batteries that were the issue. They tried to make a little difference about th