The low to mid 50s in most areas, even some 30s as we saw at the coast about 51 degrees. By noon very narrow margin, 61 to 63 with sunshine and seasonal temperatures. By the time we get to 4 00, 59 at the coast, mid 60s for the rest of us and wont be quite as chilly at 7 00 this evening, 51 at the coast but 55 to 57 for the rest of us. From the nimitz 880 over towards 101 the bay shore freeway you have about a 17 minute drive to get over the causeway and the highrise for the san bernardimatteo bridge. Weve got some issues with mass transit. Bart is not a problem. Ace train number 1 is delayed out of stockton due to a fire near the tracks, Union Pacific is going to give them the clearance and we will check on that in a few. The 7 00 a. M. And 8 15 vallejo ferries are being replaced by buses this morning due to mechanical issues. Back with more in just a few. So lets talk about taking the ferry from vallejo to San Francisco this morning. As sue just said you will be on that bus, engine t
Suspended talks with russia on how best to coordinate airstrikes. Day,l news, 24 hours a powered by more than 2600 journalists and analysts in 120 countries. Bloomberg west is next. Emily i am emily chang and this is bloomberg west. Google gambles on smartphones. We will break down their strategy for the 400 billion market and plans to take on apple. And chris dhaka, why he is disappointed in jack dorsey and is hoping twitter gets bought. And i sit down with mark cuban who holds nothing back on donald trump. First to the lead. Google takes its biggest leak yet into the 400 billion smartphone Hardware Market after years of outsourcing Development Google ishone makers, taking the apple approach developing phones from end to end, in house. Take a listen. Phones are the most important device we own. They rarely leave our side. They are most peoples lifeline to the internet and each other. Today, i am excited to introduce you to a new phone made by google. We collect pixel. Pixel. Call it e
Market minute. U. S. Stocks have begun october, the month in the quarter, weather tends to be quite a bit of volatility, with backtoback losses. Moving higher, reflecting some anxiety. I think its a little deceptive because while it doesnt seem like much, the story today was the brett of the selloff. Everything getting hit on. Joe i will show you that matt i will show you the story right now, using my eye. Imap everything is red, with the exception of financials. Once again, second day in a row this week, defenses getting hit the hardest. Utility, telecom, tear he is, all down there. Take a look at the winners on the s p. Are financials, like hartford and northern trust, who did well today, and some ohio banks, keycorp, doing well today. Optimism on an Interest Rate increase, its not just the german banks getting hurt. Joe u. S. Yields rising, stocks and bonds selling off, another one of these days when everything moves in lockstep. A tighter policy thats a few days up in a row. That,
Talks. First, to our lead, the square ipo. The Payments Company filing for an initial public offering, looking to raise 200 and 75 million. Se 275 million. That number is a placeholder and will probably change. Jack dorsey is pulling double duty as ceo of square and twitter. He is trying to restructure the social media company. Joining me now is alex barinka, thell as brad stone bloomberg head of global technology. Lets dive into the numbers. Square is making money but its not profitable. Brad growth is slow, which i was surprised to see. The starbucks partnership, wow. Emily can we talk about that . Because that actually cost them money. Brad there is a long history of starbucks being a poor partner to technology. Of course, groupon gave black marks to starbucks as well. Not surprising, jack dorsey has talked about that being a bad deal. Now we have evidence. Emily that is going away. If we cannot rely on starbucks, where is the growth going to come from . An interesting part of the f
Rise and china is a slowdown are also factors. Lg display and Lg Electronics are both climbing today. Reports that samsung will spend nearly 13 billion to make flexible displays for iphones. Noble is down again after being cut to junk by movies. Low profitability at its core operation. Criticism of accounting practices. Quick check of the markets trading here in asiapacific. Sidecar the rideshare Delivery Service stalls out. Prime time for amazon. The same day Delivery Service is about to get a major expansion. The exit strategy. For a runbe the name down wall street . Fairchild says it has a cash share from the group. It turns down a similar bid from China Resources things and capital management. Shares of fairchild are searching in afterhours trading. Selena is following the story. Selena we dont exactly know what is new here. Fairchildeport that was sticking with the takeover offer on semiconductor. Even after receiving this higher offer. We dont exactly know who this. Arty g is we