We will hear from the head of west coast listings jeff thompson. Lucids desert oasis just finished a listing in san francisco. We will get a picture of supply and demand with first, u. S. Stocks started the month off by hitting records on stimulus talks and covert progress. Salesforce says it will proceed with plans to buy lack for 7. 7 billion to buy slack for 7. 7 billion. Slack prices up, salesforce had dropped. What do we see after hours . Abigail both shares are down. The idea that salesforce. Com would buy slack, now lo and behold, that is happening. As you mentioned, 27 point 7 billion in cash and stock. Some are wondering about the cash piece. Salesforce. Com does have a lot of cash, so using it here for this deal, and i think the bigger thing to take a look at is the fact that salesforce. Coms Ceo Marc Benioff has made more than 60 acquisitions, as you know, in his 21 years, making salesforce. Com the conglomerate of all these different pieces. Now they have this Communication
Scheduled to increase capacity up to 50 . Well instead remain at 25 capacity. Kron fours dan kerman is live at San Francisco city hall tonight with more dan i guess of your business owner. Think in your profits were going to double this is like a gut punch. It is at the same time some of them are looking at this like whats next could have been that they could have closed Indoor Dining altogether or they could have shut down altogether weve seen that other places across the country they are trying so that doesnt happen here in San Francisco and thats why it is a pause it is not a step backwards. The virus gets too far ahead. You cant catch up. San francisco Public Health director doctor grant colfax as San Francisco isnt there yet but covid numbers are moving in the wrong direction the last 2 weeks are key street has gone. From 3 about 3 per 100,000. Population to 4. Thats a 25 spittal of stations have also jumped from 23 to 37 in just a week. Which is why San Francisco is putting a pau
Make concessions on fish that has led to concerns among officials that he could hurt efforts to reach a wider trade deal between the eu and the u. K. They have said there can be no deal without agreement on what access eu boats will have to british waters. Onbal news 24 hours a day air and on bloombergquint take, powered by journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. Vonnie it is 1 00 in new york, 6 00 in london, 1 00 a. M. In hong kong. I am vonnie quinn. Welcome to bloomberg markets. Here are the stories were following. White house chief of staff mark meadows is optimistic President Trump could be released from the hospital this afternoon. The latest headline throughout the hour. Again asties higher investors hope a stimulus deal may come soon, among other reasons. We talk to valerie grant, Portfolio Manager at alliance. Internal documents from exxon wasl reveal the company projecting an increase in co2 emissions of 17 by 2025. That exclusiv
Nasdaq up 151 points and looking to open about 31 points higher it has been a wild ride for investors all week the dow and s p are down over 2 the last three trading sessions the s p on pace for its worst twoweek performance the nasdaq has been a big mover. A lot to chew on after a tough week true, andrew. Tough in that it had been up so much we sort of glossed over september 11 19 years when you say it, dont you say, oh, my god, september 11 for you, it is about half your life for me, about a third of my life it went really quickly 19 years i remember so well mark hanes and Everything Else that happened. Year after year, constantly on september 11, it is amazing how quickly time goes. Since last year, weve seen our share of tragedy as well up until this pandemic, well see how history looks at all of this i would argue that 9 11 was the most consequential thing that happened in the past 50 years, maybe 100 years with security and how we live. You can define the world in many ways by th
A back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the vote follow the u. S. Elections on a just. Have relations between the u. S. And china soured to the point of no return chinese need is threatening retaliation for the closure of its consulate in texas from trade to security and human rights will the superpowers find room for compromise this is inside story. Hello and welcome to the program on iran come on its being described by some as a new cold war relations between the u. S. And china unraveling quickly in the latest spat chinese diplomats have been given 72 hours to shut down their consulate in Houston Texas President Donald Trump accuses them of spying and stealing intellectual property Chinas Foreign Ministry is threatening retaliation for what it calls malicious londa roselyn jordan has more. Its a scene straight out of a spy film employees at the chinese consulate in houston burned documents before theyre force