Global news 24 hours a day our 2400 journalists in more than 150 news bureaus around the world. From bloomberg headquarters in new york, i am mark crumpton. Cory johnson i am cory johnson, and this is bloomberg west. Apple and privacy. Plus, will a shift to mobile bring back a nintendo momentum . Trump singled out jeff bezos and his purchase of the washington post. Apple ceo tim cook defends the companys refusal to help the fbi hack into an iphone belonging to one of the San Bernardino shooters. During the question and answer portion of the shareholder meeting, not one person voiced displeasure or questioned tim cooks actions, but that does not mean all americans agree. According to a new survey by the pew research center, 51 of americans believe the apple should unlock the iphone and assist the fbi. Also part of the meeting, an annual dividend hike, but reject ring a diversity proposal. Rejecting a diversity proposal. Maldonado called for the diversity proposal. He is an apple shareho
No. Why . Whats going on . We need all hands on deck. What we have is a school bus abduction which occurred at approximately 1 p. M. This afternoon. What we do know is there were 24 students on board, along with the driver and a monitor. Gps appears to have been disabled. Last known ping was a little over two hours ago. Highway patrol has traced the route it was last traveling but found no signs of any accidents. We have helicopters and ground units in the d. C. Area working local search and rescue. Which means were likely dealing with more than one unsub. Weve attempted to contact everyone on board, but so far all calls have gone unanswered. But we can confirm that the students dropped off at the first two stops have been accounted for. The average school bus holds approximately 80 gallons of diesel fuel, making it possible for them to travel up to 550 miles on a single tank. Whicis why we believe theyre still within a 200mile radius. It could be a kidnapping, but we cant rule out any
Especially among millennials and extras are getting opportunities to lead. Ramy wall street mourns the loss of a foundational figure. Its all ahead on bloomberg best. Hello and welcome. Im ramy inocencio. This is bloomberg best. A weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Our day by day look at the top headlines begins with a vigorous look at the rally in commodities. Oil is continuing its run of gains with brent crude at its highest so far this year. Thats above 39 per barrel. Talk us to the latest development. I was getting these warnings, these alerts in my bloomberg terminal telling me that oil prices were below 30 a barrel. We might have to go down to four dollars a barrel, we are tantalizingly close with brent crude reaching that level there are a few reasons why this is happening. You have u. S. Drillers in the united states, they have the least number of active rigs out there in less than six years. T
It tougher to prosecute him. Day,l news, 24 hours a powered by over 2400 journalists in 150 bureaus around the world, from the Bloomberg News r. I. M. , i am mark crumpton. Emily i am emily chang, and this is bloomberg west. The fed a great hold steady, what it means for the private market. Is almostoculus rift ready to shift. I speak to the ceo of the most anticipated vr headset. Edison plunging after posting its annual report. We take a close look at what has investors worried. First, to our lead. The u. S. Federal reserve decided not to raise rates, setting a weaker outlook for global growth, as well as turmoil in the market. Techentral banks stocks getting a boost. Heading into the close on the feds decision. Here to look at what that means for the tax sector, i am joined by Ramy Inocencio and our editor. What does this mean for startups . I think Venture Capitalists and the startups are breathing a sigh of relief, now that they dont have to worry about Interest Rates affecting how
Ecb rumination, digestion, whatever you want to call it. Interpretation is more positive. Stocks rising to the highs of the session with the nasdaq. Eading the gains a continuation of the upward trend weve had ever since february 11 when we had stocks make their bottom thus far this year. March setting up to be a pretty positive month so far. Map, a gain for the month of march of about 4 . That would make it the best month going back to october, breaking what has been a bumpy streak for u. S. Stocks come even though stocks were higher in the month of february. Also come in terms of todays sessions, the big gains we are seeing on individual basis here on a mixed bag between credit and financials. Wells fargo gaining along with the financials today. Weve seen this optimism that the ecb action will be helpful to banks down the road. Largecap technology rebounding as well. It is going along with the market on most days, helping lead gains and losses depending on which direction stocks go.