That is ahead on bloomberg west. Apple design guru jony ive has a numeral is the first chief design officer. A new role. Ive mostly shaping the look and feel of apples products and take on current design products new ideas. Ive has two deputies will be taking up the day today managerial duties but what are the implications of this unprecedented move . Joining me is a man who has helped google and twitter come up with design strategies. Thank you so much for joining us all of you. The first time i heard of a chief design officer, not necessarily a common thing to do. I want to start with you what does this really mean . Does this increase jonys power . Doesnt change his level of influence . Isnt it is a recognition of what he has done already. In some ways, it is a role he took over after steve jobs stepped back. In some ways, just like he needed somebody to help him oversee the portfolio of apple products jonys two lieutenants are going to help them. Emily on one hand you think ive is
Released a whole bunch of information, but they left something out. The ap revealed that day. It is six letters long called wjcllc, and it is designed to channel payments to the former president. It raises more questions than it possibly answers. My question where is this going and how big couldnt be . Mark we dont know where it is going, and the clinton folks are saying there is nothing there. But number one, like mitt romney, the clintons have tax account and lawyers who said you should set things up for your assets in the most advantageous way possible. It may not belook great, but it will be legal. Number two, what bill clinton did as a consultant, not a speech is, look at not as speeches, will get more attention. Number three, it opens to rhetoric like this from Bernie Sanders today. Bernie sanders thats type of wealth can isolate you from the reality of the world. Mark talking in the restaurant before this story broke. But the issue of the clintons being fabulously wealthy. John
Territory for the First Time Since 2008. The futures this morning after those two trading days do look like they are indicated higher. Dow futures up by 19 points above fair value. The s p futures are up by just over 1 point. On the economic agenda, december nonmanufacturing ism and november factory orders, both due at 10 00 a. M. Eastern time. Later this morning its about jobs. The adm jobs report on wednesday and the governments payrolls will follow on friday. Thats going to be the big one were watching. We have more on the markets and the economy throughout the morning, but first andrew has a roundup of the top corporate headlines. Good morning. Good morning, becky. We have a lot of news for you. Jpmorgan nearly a 2 billion settlement with federal authorities to resolve suspicions of the bank ignoring signs of Bernie Madoffs ponzi scheme. The New York Times says the banks civil and criminal settlements would involve deferred prosecution agreements and of course the 2 billion settlem
Taper . No. Probably not. Ill leave that to kelly evans. 2. 7. Weve been hanging around that range for some time. Lets go overseas and take a look. It was really asia that had the strongest markets in the world with the nikkei in particular. Can you see it up 2 . 7. 7 last week for the nikkei of course, theyre pressuring that yen again, the dollar gets stronger and you see what happens as theyre trying to get thing back on track in a sense after a gdp number that was a little lower than some had hoped for. Lets get to our road map this morning. Where does it start . The dow and s p, starting from another set of new highs and looking to extend the overnight cali throughout. Moodys cutting its ratings on bank saying the government is less likely to jump to rescue in the future. And paulson and loeb piling into fedex. Lets start with the markets, futures are on the rise. The dow and s p all look to set new record highs. The s p, by the way, fewer than 10 points from 1,800. We can do some
The data privacy problem is about to get a lot worse, with generative AI tools catching our attention and our data, more of which is ending up on the cloud