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BLOOMBERG Bloomberg BusinessWeek July 13, 2024

Jason all of that and more. But first, natos 70th turned out to be less of a Birthday Party and more of the thanksgiving dinner for a big, dysfunctional family. Carol thats right. Not all of them got along. Everyone seemed to accept they were stuck with each other. Thats according to mark champion, who covered it. Lets talk about nato and what a week it was. Mark it was. I mean, the buildup was pretty extraordinary. This was supposed to be a celebration. It wasnt a full summit. They do that every two to three years. This one they felt they had to do because it was the 70th. They kept it really short because they specifically didnt want to create a big target for unscripted problems with president trump, which theyve had before. So, and then all of a sudden, in the weeks before, you had the french president macron coming out and talking about whether he wasnt so sure the rest of nato allies would go to the defense of turkey under t ....

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CNBC Squawk On The Street July 13, 2024

Bond markets awaiting ism services in one hour road map, the trade roller coaster. Stocks look to rebound from a three day slide after that report that trade negotiators are edging closer to a deal. Plus, alphabets shakeup googles founders, larry page and sergey brin both step away from their current official roles, but still control the votes at the overall company. And another setback for boeing, united tapping rival airbus to upgrade its new transatlantic fleets stocks looking to recoup some losses from yesterdays selloffs. Some renewed optimism about u. S. China trade talks. Moments ago the at nato summit in london, the president did say discussions with beijing are going well this comes a day after he said it might be better to wait until after the election to strike a deal another piece this morning is that reuters has Jared Kushner added to the negotiating team having meetings with the chinese ambassador. That would signal m ....

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BLOOMBERG Bloomberg Markets Americas July 13, 2024

Expedia up 6. 3 , after the ceo ceo both out at the company which signifies potentially a shift in strategy. Not even a month from the last earnings which caused the stock to drop 20 that day. Salesforce. Com ceo both out at t performers right now, down 2. 5 . Guy, what is happening in europe . Guy stoxx 600 up by a percent. The pound trading 1. 31 on the cable rate. A 2. 5year high. Brent crude up by 3. 5 . Vonnie lets get back to trade, the one story that markets are moving on. The u. S. And china moving closer to the amount of tariffs that would be rolled back in phase one of the deal. Meanwhile, President Trump saying the talks are going well. We have made progress but we will make a lot of progress. We just want fairness. We have to have fairness in trade, not only with the eu, but many other countries. Talking to china, those discussions have been going well. Will see what happens. Vonnie we are joined by ash alankar from d ....

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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Of expedia said there were strategic differences with the current leadership and the ceo and the fo are now gone cfo oregon. Down 3. 1 percent, the worst performer in s p 500. Higher,opean stocks are the pound trading north of 131 against the u. S. Dollar. We have a stronger rate against brent crudel, moving higher, up by nearly 4 in todays session. Opec is just around the corner. We will talk about that later on in the program. Lets talk more about the trade story, affecting markets over the last 24 hours. Economist is a senior , we have been jostled by the trade story. Todays story is maybe we are inching closer. The president talking about the idea that it can wait until after the u. S. Election. If we dont get a deal by the 15th of december, if we dont get additional tariffs what does that do to the Economic Data . I think the Economic Data improves beginning next year into ....

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CNBC Squawk Alley July 13, 2024

Obviously a busy morning full of trade and tech news, jon. Indeed. I can take no blame or responsibility for those headlines, but many of them clever all about google thats where were going to start at both larry page and sergey brin step down from their operating roles at the companys parent action alphabet, needing both chief executive roles to be filled kara swisher joins us now on the phone. Kara, i was just talking about this last hour in a way this just smells fishy to me if youre a shareholder looking at the precedent this sets these guys are young, 46 i dont know that weve had any precedent for a tech company, a giant of this size, a controlled company, where the founders say, hey, we still want absolute say over what happens, we just dont want an operating role or to be chairman of the company. Have we seen this before, kara well, in little places. The founder of ebay left the company and put it in the hands of meg whitman and it was a
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