speak with the ceo. ebay s ceo steps down from his role. who will help invigorate the floundering company? we begin with what was a historic week in washington. on tuesday, nancy pelosi formally opened an impeachment inquiry on president trump. the investigation focuses on a phone call president trump had with the president of ukraine and whether he betrayed the nation s security is seeking to enlist a foreign power to tarnish a rival for his own political gain. in this case, the son of former vice president joe biden. ,hile not tech related per se an interesting company did show up in the partial transcript of the call. that company, crowd strike. i spoke with the ceo about the mention of his company in that presidential phone call. the only reaction i have is that in 2016, we actually .erformed this investigation we worked closely with the fbi and turned over all the forensic data, and we stand by the conclusions we have and they were backed up by the intelligence communi
and rapid climate adaptation. billionaire bill gates wants to help invest nearly $2 trillion over the next decade to help the world become more resilient. his thoughts on and potential solutions for climate change. for wework, it was the roadshow that was not this week. one of the most anticipated debuts of the year is now postponed until october. the shared office space provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. remember that, at one point, this was supposed to be a $47 billion company. that number is now $15 billion and could be perhaps even smaller. joining me to discuss this all was phil haslett, cofounder and chief revenue officer at equityzen, a marketplace for pre-ipo shares and bloomberg s crystal tse. crystal: they have a lot to address before they can go out to the investors and ask them for their money. like you said, they were looking for a $47 billion valuation, and now we are hearing it
fierce. about 90 miles east of daytona is where it sits right now after really devastating the bahamas. david: i don t think we still understand the extent of it. it is really tragic what happened in the bahamas. there s a lot of rain and water coming. the storm surge they are worried about up and down the coast. alix: in the markets we are paying attention to the broader political sphere. 8/10 upres up by by 0.8%. the cable rate up over 1%. yields in the u.s. now up by three basis points. commodities, buy everything but the u.s. dollar. time now for the global exchange. joining us in hong kong is bloomberg s chief north asia correspondent stephen engle. from outside westminster is bloomberg s anna edwards, and from new york is bloomberg s michael mckee. first we want to start with hong kong, where leader carrie lam announced the government will formerly will formally withdraw the extradition bill. m: the government will fully withdraw the bill in order to relay consent.
high-profile alumni who continue to shape the business community including morgan stanley chairman and ceo james gorman. i m very surprised at where rates are. i d expect by the end of the year, the 10 year would be 3%. i was dead wrong. jason: we will hear more from james gorman in other chats and many topics are also covered in this wii s issue. a top that included story, the u.s.-china trade war. as goodwill lifted financial markets, financial editor peter coy warns of consequences. in a way, it is as if the u.s. and china seem intent on dividing the world into two separate spheres, which is really globalization in reverse, and to use a more recent analogy, it is more like the period after world war ii and the cold war when there was a soviet bloc and the western countries. and not doing very much commerce with each other. very separate, and that was not good for prosperity for anyone, and risk is we will go that way now. carol: we have smart conversations at the colum
taylor: italy avoiding elections as a new coalition coming together. he was given up as dead politically just a week ago, and all of a sudden we are looking at conte 2.0. taylor: the 1mdb scandal sends a former malaysian leader back to court. opioid crisis hits the bottom line for some top-tier companies. a lot of questions remain and no opioid maker is out of the woods. taylor: a longtime federal reserve leader claims the banks should play a political role. this is going to give ammunition to trump. taylor: and san francisco fed president mary daly with exclusive thoughts on policy for a fed leader. ms. daly: i supported the change to put the economy back in a good position. taylor: it is all straight ahead on bloomberg best. hello and welcome. i am taylor riggs. this is bloomberg best, your weekly review of the most important news, analysis, and interviews from bloomberg television around the world. let s start with the day-by-day look at the top headlines. after