Struck in september 2017. Nearly 250 survivors and victims of a london tower fire are suing American Companies that make products used at the residential complex. The suit claims healthy Building Materials helped spread the flames at the granville towers, turning it into a flaming coffin for the people who died. Whirlpool, and an insulation maker. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, and 1 00 in Hong Kong Unit im vonnie quinn. Welcome to Bloomberg Markets. In hong kong. Im vonnie quinn. Welcome to Bloomberg Markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Trump threatens china again. The president saying he could impose tariffs of 25 or higher on 300 billion on chinese goods if president xi does not meet with him at the g20. Regul
6 every month americans receive 1. 5 billion to 3 billion scam calls and illegal tell ell marketing calls. This is an issue that im confident everyone in the room has dealt with. And those of you who have phones on, im sure you will receive robo calls and texts during this hearing and i wouldnt be surprised if we didnt. They interrupt sleep if you dont put your phone in sleep mode or telling them off. And time with friends and family and even during hearings. If they do, hold your phone up and share with the rest of america what is happening while in this room. They have eroded trust in our Communications Networks. Many have become subject to those fibbing attacks which are causing the American People billions of dollars. And is traced. Goes back to 2019. These protect americans from predatory and unsole is ted robocalls. And as they were implemented, the number of unsole is ted has decreased. Do not call complaints has reduced as well. Not entirely but by some numbers and the federal
A look in how the Justice Department can counter robo calls and how Artificial Intelligence. Representatives from Tech Companies offer testimony. 6 every month americans receive 1. 5 billion to 3 billion scam calls and illegal tell ell marketing calls. This is an issue that im confident everyone in the room has dealt with. And those of you who have phones on, im sure you will receive robo calls and texts during this hearing and i wouldnt be surprised if we didnt. They interrupt sleep if you dont put your phone in sleep mode or telling them off. And time with friends and family and even during hearings. If they do, hold your phone up and share with the rest of america what is happening while in this room. They have eroded trust in our Communications Networks. Many have become subject to those fibbing attacks which are causing the American People billions of dollars. And is traced. Goes back to 2019. These protect americans from predatory and unsole is ted robocalls. And as they were imp
Entered a new phase where israel is telling the more than 1 million gaza strip residents to leave within 24 hours. We have nothing positive that can possibly happen, so why not sit on the sidelines for the weekend and put your money back to work on monday. But we are investing in this show. And thats why many of the standout earnings reports got where they should be. As fears of a conflict spun out of control the stocks pulled back from the morning high. And in the end the ow finished up with 39 points in the s p lost 5 . And the market is really smoking. Up 326 points. The hardest stocks, taking sizable hits, it were so easy to sell to get back into on monday lets go to the game plan. Next week is a pivotal period. Everything will be overshadowed by what happens in gaza come up but this is still an important week. Starting with charles schwab. People are concerned about its balance sheet. I think those fears are weight overdone, wall street disagrees with me. Maybe we can find out why
We are under 30 minutes away from the end of the monday session. Stocks are rising shrugging off the news out of germany today that Coalition Talks have collapsed. Investors overlooking that. They think the German Economy will continue to perform. On euro was lower by. 6 news of the collapse of talks in asian trading. It then rose by the fifth of 1 . Other options include a minority government option gauges pointing to a longlasting effect of the german news. We are seeing yields declined today. Commodities and cdf. Crude hit a record and futures highs in theyear last couple of weeks. Hedge funds are pulling back with the sense that the rally has reached its limit. Middle east tensions taking a uncertainty looming over saudi arabias choice to extend opec production cuts. Just below 540,000 contracts in the weekend of november. The swissuro enabling bank to exceed its target for growth in new money for the first 10 months of the year. 17 ts under management rose at 393 billion swiss fra