Good evening the top stories this hour. Bloomberg learns the u. S. Is set to limit its scope. U. S. Stocks slip on worries about the economy and financial system. Moodys downgrades 10 smaller lenders. They did finish off session lows, the s p 500 lost more than 1 at one point and it recouped half of the losses. We had a haven demand not to mention moves despite the fact we are bracing for the 100 billion wave of options but have to be digested this week. Take a look at crude prices down. 2 after gaining ground in the new york session. We heard from the ukrainian president talking about retaliation and russia continues to block the reports. Its all about the after our session. Look at the bank because we are looking at huge losses. That overshadowed better than expected outlook for earnings that had seen the stock rally earlier on. Supply Chain Disruption said ease, but they expect heavy losses to continue as a boost production and we work plunging. Doubt about their ability to continue
And is expected to carve a similar path to irma. How this affect the caribbean . How will this affect the caribbean . Dalia dishes. The billionaire tells bloomberg what he thinks of trump and the u. S. Economy. Matt i want to point out, dont forget the devastation that we so to the u. S. And British Virgin islands. Those caribbean islands, they are getting hit with maria almost as we speak. That has really been as they try and recover from that, an issue. Nd it is want to hurt those we have futures of strong right now. The equity Index Futures gaining big. Euro stoxx futures up. 5 . Compared to the moves we have seen in the futures as of late, these are pretty substantial moves. Daxthirds ava percent for two thirds of a percent for dax futures. Sellers investors selling off bundds. There goes my screen. That is a strong signs. Guy . Is respect japan, it for the aged day. 100 was hit friday, that is a pound story. The nikkei is closed today the yen is trading softer. Dont Pay Attention
Was fighting his own internal battle against his own body. He was diagnosed with cancer just one year into his tenure. Edit in his final Television Interview as ceo, i traveled to croatia to visit him in a place he fell in love with 13 years ago and where he will spend his retirement. During the course of our conversation, it is close to me more about his cancer, the prognosis was not good. In may, he was told he had about 912 months to live. You feel at the time you Master Retirement that i dont have another year in need to stay on as ceo . I knew that the cancer had begun massive mutations. I knew that there was no drug yet on the market. There were studies. Clocknineet the months one year. When . Back in may. The board and i met in april and we said i think you need to do some major changes in the organization. They were concerned about me changing the organization dramatically and then we announced a new ceo. Great and we were thinking about the First Quarter of next year. I said i
The question is is alibaba really worth that much . And samsung and motorola dedicated jump on apple getting a jump on apple created on apple. Is expected to unveil two new iphones next week. What are the technical glitches and what will apple do in response . We will talk about the elite team of engineers dedicated to solving problems. And after weeks and delays of months alibaba released the latest ipo filing, getting close to the ecommerce company, hoping to raise 21. 1 billion. That would make it the largest. Po in the stock market history alibaba is going to sell 320 million shares. Would value the company as high as 162 . 7 billion in market cap. Can begin its roadshow for september 18, or at least so they hope. Lee is the accounting professor and former google china executive. Also is our Bloomberg Ipo reporter on the phone. Of something we know from this business from these filings. I was just talking about this. You rarely see a company that has been around so long and has an
Were investigations into the bidens, john bolton told fiona hill, you go and tell National Security council eisenberg i am involved in whatever they are tooking up on this. Km donald trump argued once again that he a perfect phone call with the president of ukraine. When by any standard it is not perfect. After calling for democrats to stop Holding Hearings behind closed doors today decried democrats for making next weeks hearings public. Reporter two of the most central players in the relationship with ukraine putting the chief of staff at the center of the scandal and delivering the harshest blow to the claim there was no quid pro quo. This is a hoax. This is just like the russian witch hunt. Reporter Lieutenant Colonel vindman the top ukraine expert telling lawmakers there was no ambiguity that in order for kraens the ukraine president to get a meeting at the white house, they have to investigate the bidens. There was a july on july 25th which he said left no doubt that this is what