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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Francine we will have plenty more on that throughout the day. Lets get to first word news with ritika gupta. Ritika no murder charges in the Fatal Shooting of breonna taylor. A kentucky grand jury chose not to file the indictments against any of the Police Officers involved. A single officer was charged with wanton endangerment for firing into neighboring apartments. The decision has sparked outrage and renewed violence. At least two Police Officers have been shot. President trump says the Supreme Court will likely have to decide the outcome of the november election. Hes arguing he needs to confirm a new justice to replace ruth bader ginsburg. Hes casting doubt on the validity of the election, reiterating his criticism of mailin voting. Idea of challenging the virus is gaining. The study speeding up research but raises ethical questions about exposing people to a potentially fatal virus. Global news 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalist

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

I cannot underscore enough the originality of what was being accomplished yesterday, francine. I was sitting there with michael mckee, and his press conference question was superb. They are all dealing with what to do with inflation at no aggregate demand. It is a fascinating time. Francine we will have plenty more on that, but now lets get to first word news in new york city with ritika gupta. Ritika President Trump has slapped down some of his top health officials. He contradicted them at a news conference, saying that a Coronavirus Vaccine could be distribute it widely to the public by as early as next month. Cdc director Robert Redfield told congress that the vaccine would be distributed in the second and Third Quarter of next year. The president called those comments a mistake. At least one person was killed and hundreds were rescued after Hurricane Sally came ashore near the floridaalabama line. Heavy rain swamped pensacola, florida, and other cities in the region. Sally is now a

Transcripts For CNBC Street Signs 20240712

The measure of the ecb were the good one now it is up to the industry to be occur ageous. French finances a massive plan to support the economy amid a resurgence among virus cases siemens at the bottom after unveiling an increase to help fund its deal. A warm welcome to street signs. Lets kick off the show with fresh data just off the wires here the composite Pmis Services have come in at 51. 5. The august composite has come in at 51 dat 9. Almost slightly better than the flash number of 51 dat 6 new business, that has come in at 49. 8. Bang in line with flash estimates weaker than july new business, a little weaker. Overall, we are looking at growth territory for the composite as well as Services Sector within the eurozone mixed picture when you look at the country break down germany stands out as a bright point this morning italy and spain in contraction for the Services Sector. France remaining above the 50 mark for the month of august overall, the economy is slowing a little bit we

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Flight from siberia to moscow. What we know is he is one of the people that has been writing the most, accusing the government in charge of corruption. T we do not know what was what we dont know is who was behind it. This could be Vladimir Putin cleaning up the place. He had beenow if poisoned, we have to wait but there is speculation out there as it could have implications for investors. Tom one of the stories our team from moscow is looking at as they look west of belarus. Much more. Ritika gupta. Senatorthanks to Kamala Harris has accepted the nomination to run for Vice President. She targeted President Trumps lack of leadership. Lets fight with conviction. Lets fight with hope. Confidence inth ourselves and a commitment to america tobe the america we know is possible. The america we love. Ritika meanwhile, president obama told the Convention President trump has not grown into the job because he cant. The political fight over the post office make clear the way for congress to resum

Transcripts For CNBC Worldwide Exchange 20240712

Break down the key sticking points and a Worldwide Exchange exclusive ed morse making phone calls the investment is his best bet right now. Youll hear it here on Worldwide Exchange on cnbc good morning, good afternoon, good evening from wherever in the world you may be watching. From here in the states, im Brian Sullivan kicking off with the big blue. No real rbi today. Lets call this the rbi. Ibm is up some 5 in the premarket if the gains hold there on ibm and they may not if they do, that could ad 45 points to the dow at the open. Ibm your rbi it is very rare that ibm rises after earnings according to our own earnings guru, this is the 23rd eps beat. Up bigly well call it ibm, your rbi and you are making investors today a little bit of dough. 70 of the time in the past five years, your stock appears to be down after earnings. This is the eighth straight quarter where sales are flat down on the year to those highe futures, the nasdaq showing gains right now. With the move yesterday, t

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