Described as a jihadi recruiter made a jihadi video after he fatally stabbed a Police Officer into his partner. He says i just killed a Police Officer into his wife. The couples threeyearold son was held hostage but the killer was oppositione research on donald trump. He and Hillary Clinton were targeted by russian spies. The news, 24 hours a day, powered by 2400 journalists and news bureaus around the world. I am mark hampton. Bloomberg west is next. Been mark crumpton. Is next. G west, emily this is bloomberg west live from the 2016 Bloomberg Technology conference in San Francisco, bringing together entrepreneurs, investors and Corporate Leaders around the globe with minds behind the gamechanging products, processes that will drive the next wave of innovation across the tech industry. We heard from a global founder, drew houston, the twitter share just a few of the voices today. But we will also be bringing you watched moments throughout the next hour. Stay tuned for much more coming
Prepared is the market for a hike . Financials are the only sector still in the red so far this year. Were going to talk to barclays banking analyst about where theres some opportunity. And our new Digital Series binge launches today. We talk to marquee names in the world of media for an inside look at whats driving our binge culture. Well give you an inside look at what to expect. First up investors focused on speech today set for fed chair janet yell. How the future impact Interest Rate decisions if you listen to some today maybe the chop in the data doesnt necessarily dissuade them from a june move. No, not one month at least doesnt dissuade them. I think the question has to arise exactly how much more data are we going to get before the july meeting that would actually give you assurance that it isnt the beginning of a trend. The fact that markets took it in stride relatively speaking, at least the stock market really just held in there, buying panic and treasuries of course. They
Morning. Dow is currently up triple digits making up for two days of losses, and well get more on whats moving in the markets. First, tesla is going on a hiring spree. According to the journal, tesla is looking to add thousands of employees in the next few years to hold off competition in the auto industry. Of course, this news comes just a few weeks after elan musk put out a call on twitter for what he called hard Core Software engineers and said he would interview people personally. Jason, do you sense that competition is heating up for engineers and if so, who do you think tesla is competing squarely against . If you are going to work for elan musk, its like a basketball player going to play with Michael Jordan or lebron james or steph curry. It is the number one destination for the most talented engineers in the world. Steve jobs would have been probably the number one destination or tied with elan musk, but there is nobody los to elan musk in terms of desirability for an engineer
Morning. Our road map begins with a new Gopcontrolled Senate for the first time in eight years. Implications for the rest of the president s term and the markets. Media earnings also out. Time warner lifts its outlook. We have a beat from Rupert Murdochs 21st century fox. Both stocks rising after a drubbing yesterday. And better than expected adp numbers. Well get that ahead of the big jobs number coming up on friday. But last nights midterm elections resulting in a power shift on capitol hill. Republicans retaking the senate for the first time in eight years, capturing at least seven seats and defeating democratic incumbents in states including north carolina, colorado, arkansas. The gop also strengthening its grip on the house, winning governorships in blue states like maryland and illinois. It is a stinging defeat for the president and his party, who by the way, is scheduled to hold a News Conference this afternoon and is planning to meet with congressional leaders in both parties o
Its called a tsunami move. The swiss bank stunning markets overnight scrapping the peg against the euro sending its currency soaring up 10 against the dollar now, but it was up as much as 30 right after that announce. Check this out. Gold moves on the swiss move this morning. The last trade on the gold market is up 28. 5 on the trading session. Sarah eisen is following the story for us here with the move that stunned markets all the way around the world. Shocking policy uturn. This is what happened. The peg, were talking about, was put in place three and a half years ago to keep the swiss frank from being too strong hurting exports, a key part of the economy. This goes back to the european debt crisis three and a half years ago when people just could not get enough of the swiss franc. What they did, they got rid of it today. Why . It was becoming very costly. It was reeking havoc on the Balance Sheet of the central bank, building up more than 500 franc in reserves defending the line in