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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

Court in germany. I really fascinating spiders web that has been woven. Here in the u. S. Come of the s p 500 up 1. 5 at 2886. A risk on tone in the market as you hear about tariff exclusions extended for up to 12 months on some chinese goods. Also oil rallying. It got up to 30 a barrel earlier. Yesterday, we spoke with one of the Texas Railroad commissioners. Wasaid that prorationing dead on arrival, but that permian producers could ration themselves. That is what we are seeing today. They have cut production today, and we are hearing that others will cut production in the next few months. We are also just getting a headline from that regulator meeting right now. Texas Oil Regulator asks producers for ways to reduce flaring. As we all know, following the story, flaring was one of the ways that Oil Producers got rid of the excess oil coming out of the ground, but it was not going anywhere. Of the regulators is asking producers for ways to reduce flaring. Crude is now trading at 23. 50

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Question, which is does equities know what they are doing . We have jobs numbers looking like they will be bleak. Is the very devastating consensus for more than 21 million jobs lost in the month of april. It is interesting because the bulls and the bears have been a little bit of a sideways battle over the last 20 trading days. There all there are higher highs eating that the bulls might have strength, but the s p 500 relative to the big rally out of march really has not done much net. The bulls and bears are looking for more information. If the report comes in better than what is expected, that could help the buyers rake out of the range. For some of the reit if there is some color worse than expected, you could see some test, and it seems like there are a lot of folks on the street that are expecting some sort of downside action. Maybe not on the payrolls report, but at some point. David thank you so very much. Some of the states are starting to open up, although at different times

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Transcripts For BLOOMBERG Bloomberg Technology 20240713

Making the return of merchandise a more customer friendly experience. That is the goal of this organization and we speak to its ceo. Four potential competitors are demanding mark give uprg be forced to control of facebook. In a lawsuit, they get use facebook of anticompetitive behavior. They also want it to sell whatsapp. Facebook says the claims are without merit. Partner in we have a and a cocounsel in the case. Great to have you with us. I wanted you to talk about the lawsuit wanting Mark Zuckerberg to be forced to give up control of facebook. Is this possible and why . As of now, he has incontestable control over the company. His class of shares overpowers the class a shares. He has Carte Blanche to do what he wants with the company. Hehe board. If you look at the details of our lawsuit, the anticompetitive scheme was hashed and commanded straight from him and there is no reason to believe that if you facebook key assets, that you would ever fix the systemic problem. There is great

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Transcripts For CSPAN Senate Finance Committee Considers USMCA Trade Legislation 20240713

I would like to call the committee to order. Considereting today to the u. S. Mexico Canada Agreement implementation act. He isnder is not here but a new member of the committee. He has joined the committee on one of the most important pieces of legislation that we can do this year. The senator asve a new member of the committee. 2019, the senate received the house of representatives received the agreement. E usmca under fasttrack rules, the committee cannot amend the bill. We will vote today only on whether to report the bill before the bill. Before we vote, senators who wish to make statements may do so. And interest of time, i ask that the statements be limited to three minutes. I know that my staff has had a discussion with everybodys staff about that. Satisfactoryill be to the members. Scheduled, so i think it is important that we get this done this morning. I think that we can. After statements, i will introduce staff and Administration Officials to provide an overview of the bil

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Transcripts For CSPAN2 Senate Finance Committee Considers USMCA Trade Legislation 20240713

We will show you that meeting now beginning with Opening Statements. I i am glad to have senator sass as a new member of the committee. The senate received, the house of representatives received the bill to implement the agreement. Under fasttrack rules, the committee cannot amend the bill. We can only hold on whether to report the bill. We can only hope senators that wish to make statements can do so. In the interest of time, i ask that the statements be limited to three minutes. My staff has had a discussion with everybody about that. Satisfactory with the members. I will introduce staff and Administration Officials to provide an overview of the bill and answer any questions. Stwe will then vote on the bill. President trump promised to deliver a trade agreement with canada and mexico that would reflect the realities of the 21st amendment. He made this an issue in the campaign. A campaign that has been around for more than three years. Promised that it would promise support. The house

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