Today about a labor picture. And the shift from a pandemic and furloughed over to a real question about job layoffs. Francine yeah. I think this is the time. In the u. K. , we had the many budget yesterday that gives a little more support to workers. If you look at most of the furlough schemes in the u. K. And what is happening in the u. S. , you can assume some of the money would run out by the end of the summer. This is the exact time to look at the permanent shift to the labor economy and what did come in two to three years. Tom we have a terrific our for you. We will talk to our guest about mr. Buffett, mergers, and acquisitions. We acquired the first word news in new york city. Ritika joe biden will call for a moderate approach toward reviving the u. S. Economy today. In his speech in pennsylvania, the democratic nominee will stay away from more ambitious proposals pushed by progressives. He plans covers several areas including a push to buy american and incentivize american jobs.
This is an emerging discussion, and it like every other combination moves right into the search for nominal gdp. This is directly linked to the world of janet, mario draghi, mark carney, and everyone else in the economics game. When in doubt, merge. Francine investors seem to like this because both stocks are up. Lets get the bloomberg first word with caroline hyde. Caroline thank you. Financial authorities have identified the third attacker from harris. They say is a man who left from syria in 2013. All attackers were killed. Two detonated suicide vest and a third was shot. The u. S. , congress is trying to increase security in the wake of the recent terror attacks. The house overwhelmingly voted to bar people from visiting from iraq and syria in a program that allows visa free entry. Iraqi forces have made a breakthrough in their fight to recapture a key capital of the Islamic State. They say they have regained control of the section of the city of ramadi. Iraqi forces are getting ai
Stock to talk about. Japans Prime Minister, shinzo pledged to lower Corporate Tax rates. The shenzhen composite index rose more than 3 . That is its second gain in a row. Indicate u. S. Stocks will open higher. S p 500 closed that more than 2 yesterday. Europe is being told it is time to act, and governments must take in 160,000 refugees from Northern Africa and the middle east. European Commission President Jeanclaude Juncker urge to the continent to share the burden. He spoke to the European Union in france. All of us should remember that europe is a continent where nearly everyone has at one time been a refugee. Our common history is marked by millions of europeans fleeing from religious, political persecution, from oppression. Ramy he did not use the word quotas, but he said it must be compulsory. There has been a shakeup at United Airlines. Ceo just my sick and two other officials are out. It has to do with a federal investigation into ties with the port of new york and new jersey
This jobs report, not this friday, but a week from friday. Speaking of home and home sails, k. B. Homes reports rpgs at 8 30 this morning, and then bill resorts at 4 00. A lot of news items here. President obama addressing the you know General Assembly at 3 00. We are also going to hear speeches from u. K. Prime minister david cameron, french president francois hollande. Theyre still not in the coalition, the french. Panese Prime Minister abe, irans president and iraqs president. We should explain to people that you can stand in the afternoon here on fifth avenue in the traffic, because its not moving, and one cross street will be going, six black cars with a new York Police Officer siren going off stuck in traffic, and theres another one six cars away from you going the other way. You dont know whos in the cars. Thats because theyre also shuffling between the Clinton Global Initiative and the United Nations. So there are policemen everywhere. I was practically accosted by a new York P
You are watching the pulse. Beer is going hightech. A big data story may be about to kill happy hour. Will rocket internet take off . The idea that could be germanys largest. Number outg you the of germany. 104. 7. That is significantly below where the estimate was. But we are seeing here is more dismal Economic Data emerging from the eurozone. The french data yesterday, not good. The german data, mixed. Odays data, not exactly rosy we will get an economist take on where we stand right now. Lets hop across the border. Conflicting reports about the future of air frances discount unit. It is being scrapped outside of france, or the plans to expand it outside of france in response to the worst strike the century. Commentsny says those are premature. What is going on . Are aviation reporter joins us now our aviation reporter joins us now. It is a moving target. Air france saying it is premature and they have 3000 employees that have signed the petition asking the pilots to get back to work