Hilton worldwide will have its first report is a public committee. We will also have a report from ralph lauren. We know that the Toronto Maple Leafs are playing golf. Right now, equities, bonds, currencies 2. 61 . R yields, nymex is at 0. 82. Vicks, 13. 43. Yellen year yield is the headline. We have to get wonky. 82 is the difference between the 10 year note and a 30 year debt. Lets go to the monitor them at the bloomberg terminal. Mr. Putin in crimea move into the weekend. The navy is presenting off the coast. We still do not know one putin wants. We will talk about ukraine later. We scoured the front page. It was completely jumbled last night. Everything changed. The top story had to do with the advertising juggernaut. This would have been the biggest advertising firm. The board voted to end the advertising deal. All of the delays created uncertainty for everyone involved. Shareholders, employees we are not that realizing a dream does not mean that we do not have dreams. It is disap
And nina garcia, the fashion icon, makes her announcement on what will be in this year. We will tell you all that and more over the next hour. Lets get headlines from su keenan. Thanks. Growth is seeing user slow and shares are falling in afterhours trading. The lowest level since its ipo. Twitter membership reach to every 5 million, but with user growth slowing, down from the third period. Sales ebay shares down in trading as well. The nba commissioner made a historic announcement today. Sterling regarding Donald Sterling. I am banning nestor sterling life forerling for any association with the Clippers Organization or the nba. Those are the top headlines. Back to you. Lets get some insight on the latest results from twitter and ebay. Joining now from new york is Scott Kessler at s p capital iq. Joining us from los angeles, sweeney at bloomberg industries. And joined by cory johnson. Lets continue the conversation about twitter. What are the three things people are wanting to look at
On this monday. Vine ist to say that lost on me but when you watch you cannot help but crack up. Theyre pretty awesome. Time now to get to business. The top business stories from around the world. Stocks are dropping around the globe today. A tech selloff is leading the way. The s and p, dow jones, and nasdaq all down across the board. Investors have been selling some of the bull market best performers. A management reorganization of charles how it is now copresident and will develop a new era of leaders. A total of 10 executives will have new roles. The vice chair told bloomberg tv this does not signal the ceo is preparing to step down. I can be very clear on this. I have spent time with larry. I have never seen an executive as committed, intense as lately. He is not going anywhere. In sports, kentucky is a 2. 5 the ncaaorite to win mens Basketball Championship tonight. Neither team is favored when the tournament started. Kentucky was seated eighth in the region. All five of kentucky
A navy seal who uses balance to create a multimillion dollar business. All that and more over the next hour. First, let us get headlines from carol massar. Very busy in the afterhours. Alibaba filing today for what could be the u. S. s largest initial Public Offering ever. They did not specify how many shares it will offer in its ipo or what the evaluation will be. The market value is estimated at 168 billion. Frozen continues to sizzle for disney. They saw quarterly profit at 27 because of the megahit. Disney reported secondquarter income of 1. 92 billion. Groupon transition to ecommerce retail is hitting bumps along the way. They forecast secondquarter earnings that trailed estimates. Shares are falling in the afterhours. That is the top headlines at this hour. I thought youre going to sing the theme song from frozen. Joining me to discuss alibaba, cory johnson joins us from san francisco. Eric jackson from ironfire. Lay out the numbers we understand the scale. 5. 5 billion in revenu
This is real money. So tell us what is on your mind by tweeting us at ali velshi. We learned more about the effort of an u. S. Corporate giant to bid 100 million for an in great britain. It relates about april being the cruelest month, especially if you get stuck writing a check to the irs. Most of us do everything in our power to reduce our tax bills. Its no different for companies, and some of them in Corporate America are going to extraordinary lengths to cut their tax bills, and theyre doing it by quitting this country all together. The Worlds Largest drug company renewed its bid to buy out its british rival by doing so not only can pfizer become a bigger company, but theyll take up address in london. And because britain has lower corporate taxes than the United States, it could save pfizer a billion every year. Companies like chicata banana, walgreens are all exploring merger deals with foreign rivals that will allow them to take advantage of a lower tax rate. Britains tax rate ha