Is made possible by. The maaret and daniel loeb foundation. Robert granieri through the vanguard donor advised fund. The David Tepper Charitable Foundation inc. Additional fding is provided by. Corporate fundinrovided by. Stephens inc. Irhoover welcome to the fingbl line, mayomberg. Bloomberg thank you for having me. Hoover were here the Global Business forum and one topics you are most focused on is Climate Change. Bloomberg yes. hoov. And how businesses can step into the fray and help ll the void where the federal government, or governmen, are not taking responsibility for addressing the climate crisis. Bloomberg well businesses fill the void, the public fills the void, anprivate philanthropy fills the void. It would be nice if you had the federal government along with you, but i think weve shown by closing 297 of the 530 coalfired power plants in the last few years. C weve besing power plants in america at the same rate when trump was president , than when obama was elected, wch say
Robert granieri through the vanguard donor advised fund. The David Tepper Charitable Foundation inc. Additional funding is provided by. Corporate funding is provided by. Sthens inc. Hoover welcome to the firing li, mayor bloomberg. Bloomberg thank you for having me. Hoover were here the Global Business forum and one of the. Pics you are most focused on is climate Chang Bloomberg yes. Hoover . And how businesses can step into the fray and help ll the void where the federal government, or governments, are not taking responsibility for addressing the climate crisis. Bloomberg well businesses fill the void, the public fills the void, and private philanthpy fills the void. It would be nice if you had the federal government along with you, but i think weve shown by closing 297 of the 530 coalfired power plas in the last few years. Weve been closing power plants in america at the same rate when trump was president , than when obama was elected, which says that the federal government can help
Brexit might look like. President trumps political future among the topics front at center at bloombergs forum in new york. When you added together, i think what it leads to is not a recession, but a slow down growth globally, which is what we are experiencing. Carol more on that ahead. First up, here is editor joel weber on this weeks cover story. This is one of the hallmarks of businessweek, these strategy stories that we sometimes do. It is a look at how mcdonalds has been thriving for the past five years or so. Share price keeps going up under the ceo. In the past six months, he has really doubled down on tech. Carol that is something that i did not realize. He has made a bunch of acquisitions in ai, Voice Recognition technologies. Earlier this month was his latest. What we are seeing is mcdonalds transitioning from being a Fast Food Company to looking more and more like a tech company. There are cameras at drivethrough that can scan your license plate and maybe even remember what
Scandal. We will have an exclusive interview with the ceo. And ebays ceo steps down from his role after turmoil at the Global Market site. Who next will help invigorate the flattering company . First, to our top story. Continued regulation in the u. S. And across the globe was the hot topic at the Global Business forum in york, where the question being asked was, will regulations stifle innovation . Erik schatzker sat down with the ceo of google and alphabet. There are areas where we are already leaning into regulation. Googles privacy has been sacrosanct. It is your data. Early on, we invested in things like privacy control so that it is easy for you to find your data. 20 Million People go to our privacy controls every day, and we keep trying to improve them. 20 Million People go every day. Of relationship you want to have . If you were trying to figure out the fastest way to get here and you google, how do i get to the helpfulick the, it is to have that anchor in your location. For i
107. 71. Eurodollar almost fell the year to date lows. Very strong fix out of the pboc. Look at your cross assets. We are looking at gold giving back because of the risk asset types. Also giving back, the boj, not buying as much. Fourth cut in the last six weeks. That is a look across your markets. Lets get to our top stories. Yvonne President Trump followed his china comment saying, trade does could happen sooner than you think. Addressing the General Assembly on tuesday, the president insisted he would not have a bad deal. 24 hours later he implied things were moving ahead and that too two sides could reach an accord. President trump china is way behind us and they will never catch us if we have smart leadership. We have picked up trillions of dollars and may have lost trillions of dollars. And they want to make a deal very badly, it could happen. It could happen. It could happen sooner than you think. David these trade war developments have also seen significant discussion at the gl