Donald trump is making overtures to the Republican Leadership as he consolidates his frontrunner status. He had a conciliatory discussion with House Speaker paul ryan. Putting trump ahead in the key races in florida and ohio. Does any headlines from bloomberg news. Bloomberg markets today, closed for lunch but heres how they were trading in the morning session. The composite down about 1 . We are leading up to that decision in shanghai. I am back in half an hour. Time now for bloomberg west. Coming up, square beats big time on revenue. The company is still losing money. Amazon goes to hollywood. We step on the set to take a closer look at the companys plans. China announcing the biggest vc cash pile in the world. How it plans to invest in that country. First, square posting sales growth despite increasing competition from paypal, apple just to name a few. Revenue rising 49 in squares First Quarter as a public company, but profitability may be the real concern. Squares net loss widened
Preemptive nuclear strikes after south Korean Military drills. For the first time, Drone Operators have to prove they understand aviation regulations under a new bill in the u. S. Senate. Local news, 24 hours a day powered by our 2400 journalists in 50 news bureaus around the world. Emily im emily chang and this is bloomberg west. Square wins on revenue but is still losing money. Amazon goes to hollywood. We step on the set to take a closer look at the companys plans. China announcing the biggest vc cash pile in the world. How it plans to invest in that country. First, square posting sales growth despite increasing competition from paypal, apple just to name a few. Revenue rising 49 in squares First Quarter as a public company, but profitability may be the real concern. Squares net loss widened to more than 80 million. Youre looking to the ceo for a convincing argument that square cant sustain this growth and continued to make money, perhaps even branch out. Joining me now to discuss i
Partsts and the wonderful of chicago and it is the best city on the planet, by the way there are still people dying in the more isolated neighborhoods. It becomes part of the background noise, doesnt it . I would not be so upset about people saying that if they really cared about kids dying in chicago but i suspect theyre just trying to change the subject from the tragedy in ferguson. We need to deal with the tragedy in ferguson, the tragedy in chicago, and the rest of our country and not just play games. Host texas, on our line for independents. Caller good morning. Good morning, mr. Page. Guest good morning. Caller i am 60 years old and i live outside austin, texas. We have had several Police Shootings of black men and we were doing a talk on the Radio Station and i called in and i asked the police chief, how many white people have been killed by black or Hispanic Police officers . In my 63 years of being here in this area, none. Manyhen i ask them, how black people have been killed
Higher. Dow gaining 199 points. S p falling 1. 12 and the nasdaq climbing 0. 73 . Stocks had been going down for five days in the expectation that Interest Rates had to rise, because there would be such a huge burst of hiring. Bond investors had been selling down their holdings, driving rates higher, because they thought growth was too robust. Instead we got a cinderella Payroll Employment number this morning that gave people a reason to stop selling bonds and to start buy, buy, buy stocks, which had been dropping all week. Its a Pretty Amazing thing to watch. The same stocks that have been hammered going into the jobs report spring back to life. The banks, industrials, housingrelated names, the Consumer Product stocks. Its almost as if they were all priced to a huge bond selloff which wouldve driven rates up, and when they didnt happen, we put the labor report under the category i always tell you about. The big bad event category that is now behind us in the rearview mirror. And this
Dow gaining 199 points. S p falling 1. 12 and the nasdaq climbing. Stocks had been going down. For five days and the expectation that Interest Rates had to rise, because there would be such a huge burst of hiring. Investors had been selling down their holding, they thought growth was too robust. Instead we got a cinderella Payroll Employment number this morning that gave people a reason to stop selling bonds and to start buy, buy, buy stocks, which had been dropping all week. Its a Pretty Amazing thing to watch. The same stocks that have been hammered going into the jobs report spring back to life. The banks, industrials, housingrelated names, the Consumer Product stocks. Almost as if they were all priced to a huge bond selloff which wouldve driven rates up, and when they didnt happen, we put the labor report under the category i always tell you about. The big bad event category that is now behind us in the rearview mirror. And this and this happened at a moment when stocks were techni