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making a difference. rwe go up at the beginning they re inking a deal with italy s enel. welcome to the show. it is a brand-new start to a trading week. a lot going on today. what a busy morning we have going on the euro has turned positive afterdipping to a two-month lo versus the yen the ftp made a surprise move to pull out of the weeks long talks with chancellor angela merkel s conservatives and the greens citing a lack of common ground merkel expressed her disappointment but vowed to keep disruption at a minimum for germans. this is part of the coalition when partners have to meet each other. you have to overcome long distances, therefore, i regret with all respect to the fte that we couldn t find a common solution. the ftp leader explained why his party left the bargaining table. we won t leave our voters in the lurch by going ahead with a form of politics about the heart of which we are not convinced. it is better not to govern than to govern wrongl ....
julie hyman is in is in. julie: we are seeing a little in today, really a pause market of the moments. the dow is doing the best of the three-day averages. things may heed up over the course of the week as we get more economic data and a dozen s&p properties are still scheduled to report their earnings tomorrow. we ll be watching those. in today s session we are watching some of the last companies. quest diagnostics and lab corporation of the americas. late on friday, we got new information posted, final rates for medicare. they were posted late on friday and so they have implications for these companies. the final rates still suggested 8%. cut to the revenue in 2018. we are seeing a minute drop today. we are watching a big deal in the retail industry, or at least an investment. alibaba, $2.9 million is how much it is paying to buy $2.9 billion is how much is paying. walmart is down. it operatesbed, about 400 hypermarkets. are seeing those companies trade accordingl ....
angela merkel could be out of office by next year. it s not the most likely outcome, but it is possible. thatin that in itself is extraordinary. this is why the pressure is on. since the election, the chancellor s cdu party has been trying to form a coalition with the liberal fdp party and the greens. well, the fdp has pulled out of talks. ms merkel has now told german broadcaster zdf she does not rule out new elections and is ready for a new candidacy, and that she s reluctant to form a minority government. broadcaster asks, what now, and they may ask. the election in september delivered a shock. we knew that the block she led at its worst result in almost 70 years. it still has had the biggest number of seats in the bundestag, but it only had two clear routes to a majority. one work with the social democrats, but they don t want to, so that s out. martin schulz has been clear he doesn t want to do that. or two, work with the greens and the free democrats. but, as we ....
surveillance. he was the two mario monti later. we are seeing that reverses to the earlier losses we saw. if you look at german stocks, they seem to be remaining lower. the dollar is little changed. treasuries nudging higher. let s get to the first world news. here is sebastian salek. mugabe failed to announce his resignation. the twist means he may face immediate impeachment hearings. he was expected to announce he was stepping down. today s meeting with a command element has underscored collectivelyus to start processes that return our nation to normalcy. u.s. senator susan collins has said the republican tax plan passed by the senate finance committee needs work. thed if she can vote for measure as written, she said, quote, i have not reached that conclusion left. republicans can afford to lose only two votes and still pass the bill. ron johnson has artie said he cannot back the bill as written. japan s recovery remains on track with exports growing by double digi ....
this is bloomberg technology. coming up, the doj is hitting at&t hard. details on the lawsuit that could block at&t s $85 billion takeover of time warner. er speeds up its driverless push, striking a deal with volvo. details ahead. plus, more dealmaking in the chip industry. what the $6 billion acquisition means in its continuing consolidation. let s start with the lead. the u.s. justice department is suing to block at&t s $85.4 billion takeover of time warner. this is a major blow to the carrier to create a media and telecommunications empire. at&t s chief counsel said he is confident the court will reject the claims and the company is withng a press conference the ceo is expected to speak. we will bring you the headlines, but first ed hammond just listened in on the doj call and joins with the ceo is expected to speak. also with us is cory johnson and bob o donnell with technalysis research. us. ed, you have been listening in on the call. what is the justice departm ....