More than 150 news bureaus across the world. Cory im cory johnson and this is bloomberg west. How do you say taxes in italian . Lets take a look at which companies are best prepared for the digital future. Dragaurs, droids, and racing. What smash the Box Office Sales record for all time. We will have the details. Million tog 340 settle its italian tax bill. Apple had been accused of evading taxes over five years by booking italian fayette sales. Hrough its irish subsidiary as part of a broader eu crackdown making multinationals pay with a oh in each country where they do business. Mark, explain this tax practice that apple followed. Essentially where they structure some of their sales through their irish the theory, which is not an in network in operation for apple. They have been operating in ireland since 1980 and are expanding their, but they sort tactic which is fairly common for a global apple where like they put the manager alan so they pay on irelands Corporate Tax rate which is
The hedgefund closes its doors after the industry veteran says he lacks commitment. What is going on with sidecar . The uber rival fails to get off the starting line as the ride sharing business backed by google and Richard Bransen says it is shutting down on new years eve. Here we are. A second last session of the year. Lets check in on futures and what theyre imlying to the u. S. Market open coming off the 1 rally. Its in line with fair value so were priced lower for the s p 500. Giving back free points at the open. Dow jones industrials called down by 17 points and the nasdaq. Were above fair value. Called higher by 2 points. Heres the rally we saw yesterday. 5 billion in trades being priced yesterday which is in line with Christmas Day and thanksgiving day. So the Dow Jones Industrial up 1 . S p 500 with the 1 rally. Positive territory for 2015. Lets see if we hold into the years end. As for technology because that was what was powering u. S. Shares yesterday. The likes of apple. A
This is typically an interesting trading week. You get some moves. The european markets were in the red last time i looked. London not open. Boxing day, right . Yes. Boxing day. Whatever that is. Thats where you give the staff money. Its called a christmas box. Thank you, that helped me. And the tenyear note yield. Crude oil which has been such a key to the markets is down thats the biggest move down in a few weeks. We rallied strongly. Rallied strong last week in wti and in brent. Brent fall beg low ing below wt. Amazon said it added 3 million prime members in just the week before christmas. Amazon had a great week what about the other brickandmortar stores . Where are all those return gift items going this year . Potentially important story moving forward, valeant ceo is taking medical leave. The stock is down 6 on that news. Well have the latest. Futures moving lower as we head into the final trading week of the year. Crude oil down 3 following last weeks rally. Overnight in china,
We expect for him to be fully exonerated. Missouri governor jay nixon says the Missouri River is expected to crest later today and hit alltime high levels. Rivers in arkansas and kentucky are still rising and threatening to break levees. The socalled affluenza teens mother comes back to the united states. Her son is still in mexico. A plane that left 21 people hurt. Like you see in the movies where they all go up to the ceiling, okay . Everything went to the ceiling that wasnt anchored. Brussels has cancelled new years eve celebration and paris cancelling a fireworks show. Extra security in times square for the celebration. Dozens of check poise. Enrique marques who allegedly supplied the guns to the San Bernardino terror couples admits. Stealing a game ball. All that. And trump has a new beef with its the war on hairspray. You cant use hairspray, because hairspray is going to affect the ozone. They want me to use a pump because the other one, which i really like better than going bing
We expect for him to be fully exonerated. Missouri governor jay nixon says the Missouri River is expected to crest later today and hit alltime high levels. Rivers in arkansas and kentucky are still rising and threatening to break levees. The socalled affluenza teens mother comes back to the united states. Her son is still in mexico. A plane that left 21 people hurt. Like you see in the movies where they all go up to the ceiling, okay . Everything went to the ceiling that wasnt anchored. Brussels has cancelled new years eve celebebtion and paris cancelling a fireworks show. Extra security in times square for the celebration. Dozens of check poise. Enrique marques who allegedly supplied the guns to the San Bernardino terror couples admits. Stealing a game ball. All that. Its the war on hairspray. You cant use hairspray, because hairspray is going to affect the ozone. They want me to use a pump because the other one, which i really like better than going bing, bing, bing. And all that mat