Blamed on the hurricane. Dayal news 24 hours a powered by more than 2700 journalists and analysts. Im Alisa Parenti. This is bloomberg. Day powered by more than 2700 Bloomberg Technology is next. Im emily chang and this is Bloomberg Technology. Coming up, bitcoin hits another gear on a bigger stage. Why sundays debut could play a defining role in the cryptocurrencies march to the mainstream. Plus, the blackout at americas busiest airport. How tech can help keep the power running when the lights go out. Stepping up security. With just a week to go for lastminute shoppers, an ebays executives tips on shopping online. The worlds Biggest Exchange just joined the bitcoin revolution. Futures started trading on the ame after there were similar derivatives on the volatile cryptocurrency. Cme is a much bigger player. The exchange got up to a faster start with more efficient pricing. Its most active contract change d hands 270 times. It is a huge win because cme contracts are five times more val
One, but it is a wakeup call for the Prime Minister. The tally is the worst performance in two decades. He may adopt a more populist agenda. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Lets take a look at the markets. Australia has closed out tuesdays session in sydney, up by 7 10 of 1 , the nikkei flat cured the hang seng looking good after the lunch break and India Holding onto gains. This is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, bitcoin hits another gear on a bigger stage. Why sundays cme debut could play a defining role in the cryptocurrencies march to the mainstream. Plus, the blackout at americas Busiest Airport. How tech can help keep the power running when the lights go out. And stepping up security. With just a week to go for lastminute shoppers, an ebays executives tips on shopping online. First, to our lead. The worlds Biggest Exchange just joined the bitc
Worldwide exchange on cnbc, im sara eisen. Im wilfred frost irma has been downgraded to a category 1 hurricane the storm is packing sustained winds of 85 Miles Per Hour right now irma is 25 miles northwest of tampa nearly 5 million homes and businesses across florida were without power and some 12,000 flights have been canceled due to the storm. Weve got full Team Coverage of the monster storm cnbcs Contessa Brewer on the ground in fourt. Lauderdale. Jackie deangelis is standing by. Lets start with cnbc meteorologist david biggar. Good morning. Hurricane irma were watching it very carefully i wanted to show you what the track is still looking like. We have a category 1 storm it will continue to track up and along floridas western coast line weakens as it does so eventually becoming a Tropical Storm. Its eventually starting to shift from more of a wind producer to a rain producer. I wanted to show you the current wind field this is what it looks like right now. All of these colors, that
Good morning. Today will consider the nomination of admiral David Pekoske to become the next administrator of Transportation Security Administration. Having spent 32 years in the coast guard after graduating from the Coast Guard Academy in 1977, admiral pekoske is especially wellqualified nominee to become the next tsa administrator. His leadership experience ranges as serving as the coast guard area and Defense Forces west where he was in charge of all coast guard operations for the western hemisphere to become the 26th commandant of the u. S. Coast guard 2009, where he served as second in command, chief operating officer and component Acquisition Executive of the coast guard. Admiral pekoskes nomination to be tsa administrator comes an important time. Security threats remain a persistent challenge for aviation and transportation in the tsa is not only tasked, but also ensuring the freedom and movement of people and commerce in an efficient manner. This committee in response to the 9
Since the creation by this committee in response to the the 9 11 attacks the tsa has been subject to constant scrutiny. Its been appropriately and ized with the ease the offices have been able to smuggle through contra band as well as persistent problems of arge acquisitions. The previous administrator made positive changes, including shortening wait times, improving technology, and the creation of a Training Academy for workers. I hope that the admiral can build on these improvements, provide continuity and apply leadership skills. The Commerce Committee has been active on Aviation Security. Last congress the committee passed the most comprehensive reforms to tsa in a decade. Earlier this year, however, the Commerce Committee had an oversights hearing the challenges still remain with regard to many of these issues. The testimony indicated challenges include vulnerabilities to vetting of employees. The troubling issue of lost or tolen access badges. As the committee continues to do wor