A record low. To the weakest luxury good market for six years. Less than 1 of their revenue comes from online. Lets take a look at the markets. Hong kong and china currently closed for lunch. Here is how they were trading in morning session. Hang seng index nabbing the longest losing streak we have seen in decades. This is a picture in singapore, tokyo, and mumbai, asian stocks rebounding as fed day arrives. Well be back in half an hour. Time now for bloomberg west. Emily coming up, the governments new push to monitor social media. Terror threats shut down schools in los angeles. Apples areas 51 revealed will go live in taiwan for a look at the figure Production Lab. Slumping oil prices are casting a cloud on solar power companies. We will sit down with the ceo of sunpower to look at the industry profit forecast. First, to our lead. I want to talk about what is going on in washington. Joining us now, bill, a senior fellow on american broncos where he works on National Security issues.
Williams after nine hours of deliberation. The officer is the first of six to stand trial in freddie gray staff. That is a look at the first word news. Coming up, the governments new push to monitor social media. Terror threats shut down schools in los angeles. Apples areas 51 revealed will go live in taiwan for a look at the figure Production Lab. Slumping oil prices are casting a cloud on solar power companies. We will sit down with the ceo of sunpower to look at the industry profit forecast. First, to our lead. I want to talk about what is going on in washington. Bill, a senior fellow on american broncos where he works on National Security issues. He also worked at the cia and the pentagon and was deputy staff director for john kerry at the department of state. Coversth us is derek who congress and capitol hill. Ts going on right now working on the plant is green eyes social media post as part of the visa application process. Take a listen to josh earnest in todays press briefing. W
Big news in m a. Berkshire in deal to buy duracell. Walmart cautiously optimistic for q4. Cisco out with earnings topping estimates. The Company Sales forecast sends the stock lower. Ciscos chairman John Chambers is going to join us in a half hour. First up, buffet is making a bet on batteries. Berkshire hathaway agreeing to buy duracell from p g. Terms call for 4. 73. In the release adownsing the deal, buffet said, im always been impressed by duracell as a consumer and longterm investor in p g and gillette. Duracell is a leading global brand and will fit well in Berkshire Hathaway. He sat on the board. The stock had run up in anticipation of something big. This was not big enough for some of the shareholders. Proctor up about 10 this year. I think people were expecting big cash pay day or maybe a spinoff it. Dont think people should sell proctor down. This is a quintessential cash cow company. I think everyone knows the brand name is good and he likes brand names. P g might be down on
Of the force. Starting today you can watch all six films in digital hd through itunes amazon and google play. Well talk about all the media stories with legendary tv producer tom werner is going to join us at the top of the next hour but in the meantime lets get you you to speed. Heres how the markets look. Dow up about 17 points higher. Nasdaq up about 3 points and the s p 500 a little over two points. What are you looking at me like that for . I mean do i sound this is how people felt with me here last week. Do you know what you look like . Do you remember pig pen when he would walk all the stuff it was dirt. With you its like i feel fine. You have mucus. A little froggy in the throat. Thats how it sounds to you . How does it sound to you. Like i want to lean way over here. Is this a drug resistant you brought this from the other side of the world. Its a cold. Thats all it is. And im supposed to sit here and not be scared. How did you do last week . How did it sound. Let me read this
Live from new york where business never sleeps, this is quarterback. Squawk box. If you can get mork and mindy from happy days, theres something to be done there for sure. Good morning. Welcome to squawk box on cnbc. Im Michelle Carusocabrera along with joe kernen and Steve Leisman. Stock market is closed today for good friday but there will be some trading. Equity futures will be open until 9 15 a. M. Eastern time and you can change on globe x until 11 15 a. M. Brent crude is trading. As for the jobs report forecasters say the economy likely added 248,000 jobs last month. The Unemployment Rate is seen as Holding Steady at 5. 5 and hourly average earnings expected to rise. 2 . So the Labor Department works on good friday. I think a portion does. Here are the other stories were watching at this hour. Iran, the u. S. And other world powers reaching a deal on a framework to curb tehrans nuclear program. This comes after eight days of marathon talks in switzerland. Details to be worked out