Its not clear if Police Killed him or if he took his own life. The officer has a wound in the leg. Four military members wounded but no word on their condition. Well update you if we can during this newscast. Now to decision 2016. Florida governor jeb bush visiting a San Francisco start up right now. The company was founded by two former aides in president george w. Bushs administration. Nbc bay area is live in San Francisco. Before the tour jeb bush talked about his father in the hospital. Reporter he did. Governor jeb bush behind me speaking at an employee town hall for people who work here. Im trying to keep my voice down. The governor broefly mentioned his father former georgele h. W. Bush who had a fall yesterday. His father is stable doing okay, i think. Those are his words. Now bush who is a big fan of uber arrived in a toyota camry. The judge thinks uber should stop operating. Bush is visiting thumb tack which was founded by two men who were economic advisers to his brother, ge
Today. This is the day, bill, people will look back on and remember. Disney seized a little bit in the earnings. As you can see there, disney shares down about 9 . Putting the cable bundle front and center after talking about espn. Not just disney. Other big media stocks falling today as netflix is hitting an alltime high. 21st century fox down 7. 5 . Time warner, not the cable piece, twx down 8. 7 . Comcast down 4. 7. And well debate whether its time for investors to get out of disney and into the unbundled media plays. Comcast is our parent company. Approving a new rule from dodd frank that requires Public Companies to essentially reveal the gap between the ceos pay and the rest of the companys employees, corporate americas not happy about it. But the director Heather Corzo says this rule doesnt go far enough. Shell be with us to explain her side of the story coming up in a bit here. Weve got great earnings on tap. Fitbits first report, cbs and fox which will be interesting against w
Move are good . Espn, a look at that and thats a big negative. All right, now look at this. Look at this thats a hover board. You want to see more of this the full story and you will see more of it. Youll see all of it. Varney company is about to begin. This is Varney Company right from the get go were covering the money thats in your pockets. The price of oil still cheap, 46. 22 this morning, but here is the real money story. Look at that sound effects. And gas is down a penny, were down a penny a day consistently. National average, 2. 63. The price is down and thats what we like to see. South carolina the cheapest gasoline states 2. 25 is the average 2. 25 in average in some states for regular. Despite disneys drop despite apples drag the futures, thats an indicator of how the dow is going to open looking pretty good. Up 88 points at 17,500 despite the drag from apple and from disney. Now, we had a fed governor say they are on track for rate increase next month. Then we got a negativ
Talk about Capital Spending and cord cutters take a snip out of media stocks but can they turn it around . Well hear from the chairman of Charter Communications and talk about the mega merger with Time Warner Cable. Now the Chinese Central Bank announced plans to inject 16 billion yuan. Its latest move to put a stop to further he request ity declines. Lets get straight out to sri following this china story for us live in singapore, sri. Another move by the Chinese Central Bank. Thats right, seema. I think this is only really going to benefit sentiment in the markets and the economy at the margins and this has been a consistent pattern to try to restore the liquidity balance in the money markets. Remember as a result of the devaluations we saw earlier this month weve seen capital outflows and thats meant to drain on liquidity as well. Here in lies the problem with currency reform. You have the unintended consequences of capital out flows so the aim is to try to restore the liquidity bal
Ahead, bill ackman suffers a setback. They won the contest fair and square. Positivel be a very and please with the first year. That company, there is always something that can be and should be improved. From free trade to the gender pay get. The best conversations. We are hoping to model what is possible. We are trying to find a way to protect. We need to embrace the new technology. It is all straight ahead on bloomberg best. Hello, and welcome. Im rosalind chin. This is bloomberg best, the most important analysis around the world. As markets open on monday, investors were trying to make sense of the weekend shakeup in saudi arabia. The crackdown in saudi arabia. Weekend, we have effectively carried out the arrest of billionaire ministers across saudi arabia. The purge in the name of a sweeping anticorruption drive brings it closer than ever to power. And certainly for investors in the region. Is beingale of what done. The enormity of the implication in terms of the influence. Acrossr