The answer is it looks like it. Dow futures are in change but nasdaq futures up one point. Nicole japanese markets closed for the holidays not thanksgiving. Lets check in on the other markets. The shanghai composite index down 4. 25 . Oil is a big mover in recent days that Holding Steady around 40 a barrel. Right now its up. 4 ,. As a yield to pull back a little bit probably around 2. 3, 2. 29, there you go. Facebook creates a controversial censorship tool that may give access to china but compromising on its core mission of making the world more open. Do not click on that video if you have an iphone. We will tell you about the latest bug is hitting the apple devices. A major upset in College Hoops as the number five indiana hoosiers go down. We will have all the highlights for you. Is 5 01 a. M. Here in new york. We welcome you. Todays markets the latest breaking news. President elect donald trump arrives in florida for thanksgiving where he will spend the holiday with his family at m
And also at one market in san francisco, mike isaac. Good morning to all of you. We start of course with that apple story. U. S treasury secretary jack lew with some stuff tough talk about the 14. 5 billion dollar ruling that came yesterday. The decision creates an environment of uncertainty. Our concern with European Commission action is that it is using a state aid theory to make tax law and it is doing it in a way thats retroactive and overrides National Tax Law authority in our view and we think that it undermines the environment in europe. For International Business because it creates uncertainty. It undermines the cooperation between paul ryan the House Speaker called it awful. Are you surprised to see such tough talk about a situation determined by europe . It has far reaching implications. And european leaders on the fact that its creating an environment that is not favorable for u. S. Business and perhaps even its over the top negative. For u. S. Businesses operating in europe
Powered by 2600 journalists and analysts in 120 countries. I am taylor riggs. This is bloomberg. Bloomberg west is next. Emily im emily chang, and this is bloomberg west. Vladimir putin projects accusations his government hacked the Democratic Party, but suggest whoever did it give the public a favor. Our exclusive interview with the president of russia. Baidus vision of the future includes robot taxis and digital personal assistance in every home. Our chief executive interview this hour. And, we break down samsungs major global recall. First to our lede. Russian president Vladimir Putin said the hacking of thousands of Democratic National committee emails and documents was a public service, but denied his government had anything to do with it. U. S. Officials say otherwise. Has high hackers confidence that hackers guided by the russian government breached dnc servers. Wikileaks went on to publish 20,000 of those private emails on the eve of Hillary Clintons nomination, causing the hea
Soviet union has died of a stroke. He will be buried tomorrow. Islam karimov was 78 years old. An official in South Carolina says Tropical Storm hermine brought scattered reports of flooded roads and power outages, but no major damages. Hermine weakened to Tropical Storm strength as it moved across the southeast. The system could hit connecticut and rhode island through labor day. Global news, 24 hours a day, powered by 2600 journalists and analysts in 120 countries. I am taylor riggs. This is bloomberg. Bloomberg west is next. Emily im emily chang, and this is bloomberg west. Coming up, Vladimir Putin rejects accusations his government hacked the Democratic Party, but he says whoever did it did the public a favor. Our exclusive interview with the president of russia. Baidus vision of the future includes robot taxis and digital personal assistance in every home. Our chief executive interview this hour. And samsungs bid to compete with apple may be going up with going up in flames liter
Good afternoon, im scott mcgrew. We were debating the other day what industry has seen the most disruption. The easy answer is taxicabs because of uber, but the winning answer in my mind is college. Traditional clejts are facing all kinds of disruption, parents and students are balking at high costs and resulting massive student loans. State governments are cutting funding at state cools schools. The president is pushing for free enrollment in Community Colleges and on top of all that the internet is bringing College Courses to millions. No one knows more about the business of college than rick levin, he is an economist, he was the president of the yale for 20 years, the longest tenure in the schools history and now serves as the carl edwards for ceraa for Profit Education company that offers open online College Courses in a dozen languages in partnership with nearly a dozen universities. Lots to talk about, including corwera but i want to start at the beginning and that is the traditi