Carol welcome to Bloomberg Businessweek. Im carol massar. Jason and im jason kelly. We are here inside bloomberg headquarters in new york. Carol this week, turkey launches a major offensive in syria, and President Trump says the United States will not stand in the way. The surprise announcement heard around the world, and the not so surprising winner in all of this. Jason plus, vaping closer to home. How juul took on big tobacco and is caught in the middle of a Huge Public Health crisis. Carol and aramcos mega ipo is finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed viewed as a stepping stone to driverless cars. But there is this big ethical dilemma. This cover story is an ethics course of h
Surprising winner in all this. Jason plus, vaping. Closer to home. How juul took on big tobacco and is caught in the middle of a Huge Public Health crisis. O isl and aramcos mega ip finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed as a steppingstone to driverless cars. But there is this big ethical dilemma. This cover story is an ethics course of how do we get there . Tesla is already doing this in real time with autopilot, and other companies have been not quite as bold as what tesla has chosen to do. Carol joel, dilemma is right. The more miles we get on the road with something, the better. There is so much data involved in making this better. But in the interim, youre going to lose some
Jason plus, vaping closer to home. How juul took on big tobacco and is caught in the middle of a Huge Public Health crisis. Carol and aramcos mega ipo is finally set to go. Jason first, here is joel webber on this weeks issue and the cover story, tesla and the complicated ethics of autopilot. Joel thats right. We all like the idea of driverless cars. It seems like the future, right . But how do we get there . Basically, tesla is in the middle of this grand experiment with autopilot, which is viewed towed as a stepping stone driverless cars. But there is this big ethical dilemma. This cover story is an ethics course of how do we get there . Tesla is already doing this in real time with autopilot, and other companies have been not quite as bold as what tesla has chosen to do. Carol joel, dilemma is right. The more miles we get on the road with something, the better. There is so much data involved in making this better, but in the interim, youre going to lose some lives. Joel thats right,
Half a dozen fed officials speaking today as the growing rate debate simmers. Speaking of the fed, two perfect guests, both officials who served on the fom, Sarah Bloom Raskin, coming up before the close today. Joining us final hour of trade, josh, nice to see you. Happy to be back, sara. 212 point rally here. Are you buying into it i think whats interesting, the answer is yes. I think whats interesting weve done nothing, given headlines, back to early august, essentially flat im not suggesting thats a bad thing. In fact, bulls would say look how much is thrown at the market in the form of tweets and deals and nondeals and fed volatility. In the meantime, yields havent even stabilized. Yet were still hanging in at these levels i think whats important, give the edge to the bulls. Weve been testing resistance in this range the upper side of this range, more than weve been testing support. So slight edge to the bulls. You look at xly, xlk combined sam will probably correct me, probably 30
Post 9 of the New York Stock Exchange Carl Quintanilla is on assignment and were going to begin this morning with facebook. It is down about 2 . Several state attorneys general noungs announcing an antitrust probe into the social network and alphabet, as well. Julia boorstin has more on facebook from l. A. Hey, julia jon, new York Attorney general Latisha James is leading a Bipartisan Coalition to investigate facebook for antitrust violations shes joined by seven other state ags plus the ag of the district of columbia, so far the attorneys general saying, quote, we will use every investigative tool at our disposal to determine whether facebooks actions may have endangered consumer data, reduced the quality of consumers choices, or increased the price of advertising facebook shares moving lower on the threat of potentially large fines from these attorneys general. Now, a separate google antitrust probe is expected to be announced at a News Conference outside the Supreme Court on monday.