Stay updated with breaking news from Data feed. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Caroline i am caroline hyde. This is Bloomberg Technology. Switchits the ignition on his stream for Driverless Cars with a 15 billion dollars acquisition. Details on how the deal went down. Billion verizon yahoo deal almost never closed. We have the inside track on how it nearly got derailed. Airbnb goes on the offensive. The c. E. O. Says we could see an ipo in about a year. His words ahead. First to our lead, intel is spending 50 billion for a foothold in the selfdriving car market. The u. S. Chipmaker is buying the Israeli Company which makes chips. In the second largest acquisition e ....
Next on the communicators a conversation on selfdriving cars. The candidates were back on the campaign trail following last nights president ial debate. This week the communicators goes to pittsburgh to talk about selfdriving cars. We take a ride in the Autonomous Car that the university is developing. Host we will talk to the communicators of Carnegie Mellon. What is this . Guest we are looking at a cadillac suv from 2011 which is capable of driving itself so its a selfdriving cadillac. Host if you look at the card looks pretty normal from here. Guest that is the car where it that we literally bought new from the cadillac dealership and bo did a bunch of censors and computers and it drives itself. Host do you want to give us a ride . Guest i would be happy to give you a ride. Hop in. Host what is the main reaction you get from people writing in the car with you . Guest the ....
Hi, everybody. Good afternoon. Welcome to power lunch. Im Tyler Mathisen. Stocks were rallying big earlier. But were now well off session highs. The dow had been up 162 points. And had wiped out its losses for the week. Now, not so much. It joined the s p and nasdaq in being lower for the week once again, despite the gains that you see over my shoulder there of 70 points for the dow. Financials, tech, materials, industrials among todays biggest gainers. Melissa . Thanks, ty. Im melissa lee. Consumer sentiment coming in weaker than expected. Goldman sachs winning a legal dispute with libyas sovereign wealth fund, a ruling that goldman did not abuse the relationship and force the fund into deals that the fund claims led to more than a billion dollars in losses. And the Obama Administration eliminating 100 limit on the value of cuban cigars but american travelers can bring ....
Pleasure of introducing to you i said to him, Cardinal Turkson, what can i call you . He said how will that peter. I will not use peter, i would use Cardinal Turkson. He is at the forefront of the ideas we have been discussing this morning in the few minutes we have gotten started as we have laid out the imperative of this conference. He has some familiarity with the united states. He went to school there. He went back to ghana, became an archbishop and then a cardinal, first nominated by Pope John Paul ii. Pope benedict brought them here to the vatican and pope francis has given him this new response ability. Here is what hope francis said handed this responsibility which begins january 2017. He will be competent in issues involving migrants, those in need, this sick, excluded and marginalized, as well as victims of ....
Anna a very warm welcome to bloomberg daybreak. From here in the city of london, i am anna edwards. Manus i am manus cranny. Brace for volatility. The euro has [inaudible] against currencies. Iscks are up 2 but this volatility in the fx market and we are getting back to the levels we saw in brexit. Anna this is the volatility we saw spiking ahead of the ecb meeting. The expectation is there will be an extension to quantitative easing but by extending it, you invite the conversation about when it ends. Manus is it longer and thinner . Eurodollar according to ubs, they say the dollar rally is going to peter out next year. They want to be long the euro, they favor being overvalued the euro against the dollar. 112 in the next three months or you anna [inaudible] journalists are mentioning it. Will mario draghi use that word . Here is where we are. 1. 0772. They are likely done with rate cuts. Manus in the past month, a great number, go to your search for trump on your bloomberg and 2 trill ....