Examination. The white house will lay out a vision of greater freedoms in a speech in havana. Global news 24 hours a day powered by our journalists in 150 news bureaus around the world. Im mark crumpton. Bloomberg news is next. Cory im emily emily im emily chang. This is bloomberg west. I speak with brian chesky about his vision and the companys plan for an ipo. Google pulling back on the robotics business selling the Robot Company boston dynamics after they bought it two years ago. What does it mean . Is it finally take off time for Virtual Reality . Today we check out sony hardware. First, to our lead. Google putting its boston dynamics unit up for sale. You see a twolegged robot maintaining its balance. Pushing the be envelope but a different story was playing out behind the scenes. According to two people, executives at google decided boston dynamics will not produce a marketable product in the next two years or generate revenue. For more we are joined by brad stone and jack clark.
Even the nasdaq is in the green. It was resisting for much of the day. The s p 500 going above its 200date moving average, the technical a full technical level many traders have been watching good the dow is gaining strength as the day continues. The dow is green for the year as well. If you look at the yeartodate chart for the Dow Jones Industrial average. 2 , as we have had this run ever since a february 11. The s p is. 2 lower on the year. The nasdaq is up about 4. 7 on the year. We have been watching oil strengthen once again today. 7. 5 . What is notable is that it touched on both what he dollars a barrel for the first time this year. We have been watching oil for that reason. If you look at the total market cap of the United States, even with todays games, and this is as of the close last night, it still looks like we have had a lot in total market cap this year thus far. And little bit of recovery there but not enough to put that number into the green. Dallywhat helped lead the
Senator Lindsey Graham is endorsing residential candidate ted cruz. Graham if you kill ted cruz on the floor of the senate and the trial was in the Senate Nobody would convict you. Rallying around ted cruz maybe the only way to stop donald trump. A judge in brazil blocks the lula. Ntment of the guatemal will not meeta with fidel castro during his historic visit to cuba next week. Emily im emily chang. This is bloomberg west. I speak with brian chesky about his vision and the companys plan for an ipo. Google pulling back on the robotics business selling the Robot Company boston dynamics after they bought it two years ago. What does it mean . Is it finally take off time for Virtual Reality . Today we check out sony hardware. First, to our lead. Google putting its boston dynamics unit up for sale. You see a twolegged robot maintaining its balance. They seem to be pushing the envelope but a different story was playing out behind the scenes. According to two people, executives at google dec
Roll tape. It was special everyone enjoying the moment. You want to sigh that. Im aware i may not be youngest candidate in this race. But i have one big advantage. Ive been coloring my hair for years. [laughter] [applause] youre not going to see me turn white in the white house. Thursday on Monica Crowley is here. Youve got 20 seconds to respond to that hair joke and i thought that was a southern accent. I cant do this again and humor. Southern accent shes done this repeatedly over last 25 years it is wearing thin her act is wearing think thin so latest Clinton Foundation and the corrupt cash and pay to play allegation it is this kind of thing really does not play well in the campaign trail. It may have worked for her six eight years ago but act is old. Our audience is asking why putting price of crude oil up if were talking about crude . No, no, no price of crude oil right now is 57 dollars a barrel. We just have inventory numbers come out how much oil in storage down about 2. 8 Milli
Lands a Venture Capitalist in court on whether he is illegally keeping the public off the beach. First, a check of your Bloomberg Top headlines. Is helpingle traffic ciscos bottom line. A 5. 5 drop from a year earlier. Increased data usage from smart phones and tablets fueled the demand for networking products as businesses upgraded equipment to accommodate traffic. The New York Times unexpectedly replaced executive editor Jill Abramson after just three years on the job. The Company Named former managing editor dean baquet as her replacement. He is the first africanamerican. Xecutive at the paper said the change should help improve management in the newsroom. Samsung issued a rare public compensate will workers that say they got cancer after working in a semiconductor plant. Dozens of workers say they contracted leukemia and other blood related cancers after being exposed to chemicals that several samsung plans and south korea. However, samsung fell short of technology a connection bet