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Fire towardst israel following a brif overnight lull. Israels new defense minister says there was little choice but to continue the campaign until the rocket fire from gaza stops. Children are not only killing israelis but they are killing their own people in gaza. The world must stand together and unite against radical otherwiseerrorists, the world will feel its wrath. Mark the leaders from the military groupon mosque have yet to enter the fray. Group hamas have yet to enter the fray. A Chinese National who worked for a u. S. Petroleum company has pleaded guilty in federal court to stealing trade secrets from his employer. Court documents indicate the 66yearold work for phillips when he stole information related to the development of next generation battery technologies. The material was worth more than 1 billion. A plea agreement calls for the 35yearold to give up two years to serve in prison and pay restitution of one under 5 ....
Lisa heading into a week of important inflation data and two of us are live in d. C. , one of us is in paris, and dani burger is a new york. Welcome to bloomberg surveillance. More on why we are all over the place in just a moment. Important week kicks off on wednesday with data releases that make solidify a narrative that has been flipping and flopping. Why wednesday is going to be so important . Dani wednesday will be so important because this market has decided that with the week data coming from the consumer, the week data coming from jobs moving in the wrong direction, if inflation does not also soften maybe well Start Talking about stagflation. Lisa that is part of the fear. We are in washington, d. C. Lets get to the why. And reorder, you have important annemarie, you have important interview with janet yellen coming up at a time when industrialization and the china u. S. Relationship is what every ceo and politician is focu ....
Was willing to raise rates in march. The minutes show that some other participants indicated an increase in the target range at the committees next meeting might be appropriate if the incoming data remains consistent with their expectations. In march, the majority was not convinced with the number of participants judging that foreign headwinds would subside only slowly and several expressing the view that raising the target range as an is april would signal a sense of urgency that they did not think was a appropriate. Call, if notougher in april, in june. While members agreed that the path of rates would be lower Going Forward than they had anticipated in december, the committee was divided over whether the recent increasing inflation weve seen will be sustained. They are divided over whether the economy is approaching full employment. Feds Charlie Evans told us this week that ....
Walk us through just how big a deal this merger would happen, and how close the scrutinizing has been. One of the longest deals weve had running. Its been more than the year. It would have been a very big deal. Halliburton and baker hughes were looking to merge to better compete against slumber j which recently acquired cameron. They dont fly. Its been very seldom that a market can be down to a duopoly. Lisa baker hughes shares not moving much. However insurers also not moving that much. Why . This has been dragging on so Long Committee of investors may have already been expecting this. Halliburton and baker hughes have been trying to make concessions, trent to offer up settlement for a long time now trying to offer up settlement for a long time now. Theyre facing regulators in europe and brazil as well. Theyve been trying to make this work, weeks and weve seen halliburton trying to offload a bunch of assets. Antitrust officials w ....