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Transcripts For BLOOMBERG Bloomberg Surveillance 20240622

next hour on surveillance. let s get to our top headlines. vonnie: the prime minister of greece has until tomorrow to make it a done deal. eurozone leaders agreed that greece was finally getting serious about reforming its economy, and they want to see a breakthrough. tsipras offered a plan that addressed pensions and fiscal targets. german chancellor angela merkel cause the proposal a step forward. angela merkel: all participants of the discussions, including myself, said we would like greece to stay in the eurozone. what greece put forward his progress, but within our discussions we also notice that there is a lot of work that needs to be done, and we are running out of time and, therefore, we have to concentrate on this work. vonnie: if he convinces european leaders, tsipras faces a battle in athens. he will have to convince his government to support a deal that would breachhi his party s pledge. a republican government has done what was thought to be onuthi nkable. the

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Transcripts For BLOOMBERG Market Makers 20240622

can the prime minister finish the job? they have given him until tomorrow to end the standoff of bailout funds bears submitted a new plan addresses pension reforms and fiscal targets. the president of the european union says it is the first real proposal he has seen in weeks. the prime minister has a short of of greece s services doing the work constructively. as the last hour has shown, we can see it is fully committed to finding a solution. matt: both sides are arguing over the fine print. he will have to convince skeptical members of his own party who pledged to and austerity. also a showdown in the u.s. senate today over president obama s trade agenda. the president needs at least 60 votes to advance fax track fast-track legislation. republicans restructure the trade package you that has led to a second senate vote. olivia: storms have read havoc on the midwest. a tornado touched down in a small town south of chicago. seven people have been injured here tornado watche

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Transcripts For BLOOMBERG Bloomberg West 20240622

together to form coding standards all machines can understand. blackberry s turnaround plan may be working. sales fell 32% in the first quarter, but the big surprise is software revenue, jumping 153% to $137 million. the stock spiked on the news but fell closing down 4%. here s the breakdown. that software number is more than double from a year ago. that s all part of john thain s plan to transition from a smartphone company to a software and services company. i spoke to him about his software success and whether blackberry will ever start making those crack aries. john: it is essentially doing quite steady. am i disappointed? i would love to see a good growth rate that it shows they have been very loyal. feedback has been high. that means people like the phone. on that score, i am satisfied. on the score of growing, i am not entirely satisfied. i don t want to debate whether it is choppy or not, i think new design comes out, we will have a shot at building the business backe

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Transcripts For CNBC Power Lunch 20240622

show. can t wait for that, but we do begin with new fears about flying. poisoned flight attendants accusing boeing of knowingly endangering airline passengers. cnbc s phil lebeau is in los angeles. give us the story here. reporter: this is the kind of lawsuit that could potentially impact thousands of boeing airplanes being flown around the world. we should point out this is simply allegations at this point. a lawsuit was filed yesterday here in illinois against boeing by four flight attendants. let s set the story up for you involving these flight attendants. they were on a 2013 alaska air flight. four of the flight attendants got sick. three of them passed out. they allege that toxic fumes were fed into the cabin through the air ventilation system. they are blaming the bleed air system which basically brings outside air through the engines, filters it and it s supposed to make it suitable for air to be breathed in the cabin by passengers. the flight attendants say that di

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Transcripts For CNBC Closing Bell 20240622

a biotech stock up more than 100% in the past year. there have been a few, right? this one has done better than the rest. we ll talk with the ceo biomarin and talk about the next catalyst for his company. which are still seeing gains. we are off the highs of the session. we opened up nicely. hanging in there in positive territory with the dow up 24 points. s&p 500 pretty flat. nasdaq, as well. flat but we are hovering near record highs. strength in financials today. outperforming. pob pisanimiss an bob pisani tracking morgan stanley. the market maker trading all the bank stocks. morgan stanley, new high. wells fargo, new high. suntrust new high. key corp. comerica, fifth third. let me show you this full screen. big cap banks up about 11% this quarter. that is way outperforming the s&p 500, only up about 2.6%. it helps that rates moved up. interest rate sensitive groups moved down. you have reits down. dow utilities down. home builders all down. that money coming out

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