Entering anstry is era of mega consolidation. A quick look at what is going on market wise. A mixed back in the asian pacific. Shanghai moving to the downside. Tokyo, lets take a look at that. Closinga just about half a percent up. Cory this is bloomberg technology. A disturbance in the force at disney. We will break down the First Quarter earnings. Twitter crackdown on hate and harassment. And meeting the makers. We are live from the toys 17 makers conference and we have Tim Armstrong and susan lyne. First, disney shares dipping after hours. The company reporting its firstquarter shares fell short of estimates. Revenues shrank 3 yearoveryear. They saw 3 billion of profit decline. Espn had a lower viewership. It dragged down the result of the cable operations. Theme stocks were a bright spot and were 13 higher than one year ago. Joining us is paul sweeney, our intelligence director. I just got off of bloomberg radio, and the take was the numbers werent terrible but not superstrong. Pau
Fifa says the payments appear to break swiss law and evidence will be given to american and swiss federal prosecutors are investigating corruption allegations. Chicago has released hundreds of videos from dozens of open investigations into police shootings. The city is launching an online portal where the video and other evidence is available to the public. Mayor rahm emanuel says the portal is quote, one piece of a larger effort to restore trust and repair relationships. Global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. Bloomberg west is next. Emily im emily chang and this is bloomberg west. The former apple exec you invented the smart thermostat is stepping down two years after our event bought it than 3 billion. A shockingly bad jobs report. Employers pulled back to the lowest levels in six years and more workers go parttime or give up altogether. How hiring in the Tech Industry can change the numbers. A stagnating Smartphone
Portal is quote, one piece of a larger effort to restore trust and repair relationships. Global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. Bloomberg west is next. Emily im emily chang and this is bloomberg west. The former apple exec you invented the smart thermostat is stepping down two years after our event bought it than 3 billion. Bad jobs report. Employers pulled back to the lowest levels in six years and more workers go parttime or give up altogether. How hiring in the Tech Industry can change the numbers. A stagnating Smartphone Market we sit down with one of the rising stars, the micromax cofounder. First, to our lead. Tony fidel is stepping down as the head of the company he founded and sold to google two years ago. In a short and unceremonious statement, fidel said he would leave the company immediately and be replaced by former executive at motor run a mobility, where he served as ceo of motorola homes. Said thispost,
Should mention, volume in the dow is 21 above the 10 day average. This was again on better than average volume. Down ones, the super safe ones, bonds got hit on this but a solid jobs report. Matt especially for tech stocks. The nasdaq came back up making an intraday high. In eight ofas risen the last nine days. Risen aq has since november of last year. The big tech stocks are widely held. Apple added almost six points the nasdaq. Microsoft added almost half as much. This just shows you how well represented apple is, 4 . We dig to a sellout in the Government Bond market as people perceive the economy to be doing better and Interest Rate hike to be pulling ahead. Mp, sensitived ju to expectations of fed policy, and an equivalent jump in the 10 year. The shape of the curve did not change much. Scarlet it lifted the dollar higher versus the euro and pound. You mentioned the other jobs report out of canada, a second straight month of job losses. The number of people employed dropped the mos
Lauren usually indicating that the stock prices. Nicole debate glory from investors comes from the retail sector. Macys stock slump after the veto posted its first thousand years. Today we get results from nordstrom and coles bid will tell you what to expect. Lauren zero to 400 miles an hour. The Transportation System becomes a reality. Well tell you about it. Train to the Golden State Warriors eliminate the portland trail blazers beat the Toronto Raptors deep miami heat to take a three k. To lead in the eastern conference. All the highlights coming up in sports. Lauren and is thursday, may 12. Welcome to fbn am. The latest breaking news and what to expect that they had. Nicole Presumptive Republican nominee donald trump and House Speaker paul ryan finally coming face to face. Trump is scheduled to meet with speaker ryan at 9 30 a. M. Eastern time in the nations capitol. Talking about an interview with greta van faster and last night. Policy good person. I dont know paul well. Thats pa