Stimulus deal9 and the promise of a covid vaccine. Cloud computing giant salesforce has agreed e to buy slack in a 27 billion deal. Slacks instant messaging system will position salesforce to compete with microsoft. Warner brothers announced it will release its 2021 films on hbo max at the same time they debut in theaters. On the round table, ben levisohn, carlton english and jack howe. Ben, we got pretty weak jobs numbers today, but the market shrugged it off, and everything ended up higher. Thats right, jack, everything went higher. It doesnt matter if you were maul cap or large cap, the techheavy nasdaq or the Dow Jones Industrial average, the market just went higher. That comes down to stimulus. Congress is talking again, democrats and republicans are trying to come to a deal, this is a number out there, and it looks like it could get done. If it does, it makes up for the data. Payroll number missed expectations, but people were expecting a weak number, and the weakness is really i
Cloud computing giant salesforce has agreed e to buy slack in a 27 billion deal. Slacks instant messaging system will position salesforce to compete with microsoft. Warner brothers announced it will release its 2021 films on hbo max at the same time they debut in theaters. On the round table, ben levisohn, carlton english and jack howe. Ben, we got pretty weak jobs numbers today, but the market shrugged it off, and everything ended up higher. Thats right, jack, everything went higher. It doesnt matter if you were maul cap or large cap, the techheavy nasdaq or the Dow Jones Industrial average, the market just went higher. That comes down to stimulus. Congress is talking again, democrats and republicans are trying to come to a deal, this is a number out there, and it looks like it could get done. If it does, it makes up for the data. Payroll number missed expectations, but people were expecting a weak number, and the weakness is really in the areas that we already knew would be weak like
Restriction due to covid19. sime minister trudeau ambitious immigration policies resulted in the fastest pace of population growth in three decades. Despite the Current Border closures, canadas immigration minister does not want to scale back the countrys immigration targets for the coming years, which includes bringing in more than 350,000 new permanent residence in 2021. The wildfires, power outages, and extreme weather ravaging california are taking a bite out of the state economic recovery. Officials say the blazes that scorched more than 4 million acres over the past three years have caused a record 1. 1 billion. This weeks hot and dry weather is reminding residents that wildfires season is not over yet. The coronavirus pandemic has also battered the state, leaving them with a 54 billion hole in the budget. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg.
Week with temperatures coming down. We do have a mild week ahead. One thing ill be watching will be the high fire danger especially in our north bay hills. It does start late tonight but a couple other chances of some dry offshore winds. Well talk more about that in the forecast coming up in a few minutes. Mike, how is it looking now for the morning drive . Its looking as you would expect, 5 01 right now, a very easy monday start. Well look at the bay bridge toll plaza. We talk about the clouds around our shot here. Chp says on the other side, the eastbound side off the lower deck it will get foggy from time to time. Watch that coming in out of the Treasure Island tunnel. No problem for the traffic flow. Hitting to the westbound 80 direction into San Francisco. Well talk about what im concerned with in oakland coming up. Thanks, mike. Now to decision 2020 and an important deadline. Today is your last day in california to register online for the upcoming election and get a ballot in the
There is a tumble on the growing u. S. Industries. Decade, asore than a the pandemic rages on. It is also slashing its final dividends. Big tech is a warned that it may lose Legal Protection over user content. Lawmakers are accusing tech shery lets get you started with a quick check of the markets. We are saying u. S. Futures, online higher at the moment. This is after u. S. Stocks tumbled by the most since june. Check is leading all of the sectors. Tech is not really acting like a haven today. Lets see how things are shaping up for the asian markets. Heres Sophie Kamaruddin in hong kong. Sophie after that steep drop that we saw for u. S. And european shares, expect losses to continue. In asia. It is the busiest day of earnings for china. In australia, we have all of these futures falling to the lowest since october 5. This is after a report of a 40 a 42 slump in profit. S may be facing a tumble. Bullion fell. Is picking up steam. We may see some slight tweaks to its quarterly forecast