You stories of veteran entrepreneurship, you do not want to miss. All that and so much more on making money. Charles violence escalating in hong kong. One protester actually shot by police. Another set on fire. Hong kongs leader vowing to do Everything Possible and spare no effort to stop protests taken over the city for months. Greg palkot is live in london with the very latest. Greg . Reporter charles, we have watched it on the ground in hong kong. It was nasty when we saw it but weve been watching these images today and in fact one journal is describing it as the worst day of violence in five months of unrest in hong kong. There were several important incidents but perhaps the most severe one, one, a Police Officer grabbed one protester and then with a gun, using live fire, shot at pointblank range another protester right in the stomach. He went down. It was on widelyviewed video. He is in Critical Condition. A man reportedly got angry with other protesters was doused a flammable fl
And linking up. We get an exclusive check in with the linkedin ceo. Jeff weiner. His thoughts on the Company Three years after microsoft acquired the job listing site. But first, to our top story. A late developing shakeup at the top of oracle. The ceo is stepping down for health reasons. The company did not specify what issues he is facing. But executive chairman released a statement saying oracle has an extremely capable ceo and an extraordinarily deep team of executives, many with long year tenure. Joining me to discuss, Bloomberg Intelligence Senior Analyst in new york, and with us, Global Executive editor tom giles. Thank you for crashing on this. How surprising was this announcement . Tom as far as his leave, there have been signs over the last year that he may not be unwell. What was not expected was the announcement to come today. And because they had not announced until now, there was a question mark about whether they would and whether he was getting well or not. It took us a
We get an exclusive check in with the linkedin ceo. His thoughts on the Company Three years after microsoft acquired the job listing site. But first, to our top story. A late developing shakeup at the top of oracle. The ceo is stepping down for help reason health reasons. The company did not specify what issues he is facing. But executive chairman released a statement saying oracle has an extremely capable ceo and an x and an extra nearly deep team of executives, many with long year tenure. Joining me to discuss, Bloomberg Intelligence Senior Analyst in new york, and with us, Global Executive editor tom giles. Thank you for crashing on this. How surprising was this announcement. Announcement . Tom as far as his leave, there have been signs over the last year that he may not be unwell. The was not expected was announcement to come today. And because they had not announced until now, there was a question mark about whether they would and whether he was getting well or not. It took us a l
We get whacked upside the head and the pain the house of pain. Can be excruciating by stocks even if its masked by the placid averages as we saw today. The dow slipping 48 points and the s p. 22 and nasdaq declining 1. 9 and boy did it feel worse than that. For some stocks there was no escaping china whatsoever even though the Chinese Market rallied yesterday, we got news out of bmw that was extrapolated with negative pin action. Quite upsetting. To quote a reuters headline, worsening Chinese Market could hit forecast. The article goes on to say that bmw which happens to be the Worlds Largest luxury carmaker warned on tuesday that the financial forecast for this year could be at risk from any further deterioration in the Chinese Market where theyve begun to fall for the first time in a decade, end quote, such as bmw thats squawking while the stock market really ails. Audi, good company. Worldwide sales leader said the same thing not that long ago. Ford and gm, we know theyre struggling
In a defiling that it now owns 7. 5 of the food giant which makes oreos, ritz crackers and wellknown brands. Whats unclear is what the investor wants to do with the company. Ackman wanted the snack maker to grow revenue or cut costs or sell itself. Mondelez, for its part says they will welcome them as investors in the company. Ackman joins nelson peltz. His firm holds a 3 stake in mondelez. Well show you whats going on now in the premarket trading as a result of this and you wouldnt be surprised to see that they are sharply higher. What does he want to do with the company . He wants the stock to go up so he can sell the stock for more than he paid for. We were having a conversation off camera. Okay. Maybe he sees something thats not being optimized at mondelez the way that management is running things but what he really knows is i have enough money, 5 billion. I can make a splash and in all likelihood the stock will start going up just on that and then you agitate, you mess around, you