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Price, model three production woes means tesla is burning cash at 8,000 a minute. Betty what might be one of her last appearances as the chair of the federal reserve, janet yellen is speaking now at the nyus stern school of business with the former bank of england governor mervyn king. Lets listen in. I think the other thing that i learned or discovered was important is very careful deliberationsd among participants in the in order to carefully think through a strategy and try to develop a consensus before presenting it to the public. October, we began the process of shrinking our Balance Sheet, but getting to the point of starting that process involved well over a year of discussions in the committee about how we could do that in a way that the public had in mind,and we how we would use our Balance Sheet, and to do it in a way that wouldnt be disruptive to financial markets. F ....
But first, apple analysts have lowered iphone x shipment projections for the next quarter citing weak demand late in the , holiday season. Iphone sales have declined by 10 Million Units next quarter. Other analysts cite the iphones high price and a lack of groundbreaking innovations. We talked about that to Bloomberg Technologys alex webb. Alex the iphone x was released six weeks after the iphone 8. And so there was a fear that maybe if they got too close to the release date of samsungs next highend smartphone which will probably come in march, there would not be enough demand to sustain the demand they otherwise have to get. Cory competition is another part of this . Alex exactly. Particularly in china, a lot of the local manufacturers are coming out with products now which have a better price point than what apple is able to offer but have similar very , similar featur ....
Six consecutive sessions while the s p 500 is also ahead for july telecom since stocks leading the game there. Outputsales, and factory disappointing in august. Lets get a check of the currencies. The g10 currencies, the function , the japanese yen, the biggest loser right now. Quite interesting given that north korea fired another missile over japan. Usually you would get safe haven demand, not this time around. Our investors more worried now that japan is close to north korea or do they not care . We will be asking those questions to our guests in the next few minutes. We see the british pound being the biggest gainer in todays session and also for the entire week. We had that terror attack in london but also the hawkish tone from the boe. We are seeing that happening across markets, vonnie. Now here is the news. Theresa mays government will not raise the threat of terror in the wake of this attack. She spoke in front of the emergency committee. The threat level remains at severe tha ....
Get things done. Alisa global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Johnson, in for emily chang. This is bloomberg technology. More problems for over including for uber, including a criminal investigation. Plus, amazon and microsoft taking the lead. We will hear from top executives at each firm. And a japanese billionaire and the founder of softbank, his first break and how he closed the investment of a lifetime with jack ma. First, our lede, the continuing saga of ubers legal troubles. The Company Facing two additional criminal investigations. Eric newcomer uncovered the scope. He joins us now. When i saw the notes this morning, im like, really, havent we done this already . Ive got to think the Legal Department at uber is feeling the same way. ....