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June 21, 2024
Massive drop in users and revenue. Lift is trying to provoke car pooling with a new feature called lift line and matches riders who are going to the same area and offers them a discount of up to 60 to share a ride. The cofounder john zimmer joins us to share all about it. Our lead story, google and barnes noble are worried about competition from amazon so the companies are teaming up with the aim of swiping some customers away from the e commerce giant. Starting today, barnes noble will offer sa...
June 21, 2024
You are watching Market Makers on Bloomberg Television. I am Erik Schatzker. I am alix steel, in for stephanie ruhle. Were looking at burger king, tim hortons as well. And Canadian Dollar terms, it is 89. 32 a share. This is a whopping premium. If you go back to tim hortons whopping, good one. 39 . Clearly the brazilian billionaire behind the three g capital and burger king sees huge opportunities for canadian coffee and doughnuts. It doesnt hurt that Warren Buffett is interested in the deal and...
June 21, 2024
Currency as they do for virtual currency. He also said that the banks better capitalized and more stable than they were. Google and apple are urging the legislation to curb nsa surveillance. The clock is ticking to get this done before republicans take control in january. Many republicans are staunch supporters of the surveillance program. The ceo says the Solar Power Company has seen a growth rate for each of the last eight years. Thepoke about disrupt tang business. The utilities do not like i...
June 21, 2024
Good morning everybody. Here are watching market on Bloomberg Television. We are not going to waste time. We have a big gap this morning. We will take you to the top level business stories of the morning. Shares of walmart are rising. For the first time in almost two years store sales rose in the United States. It was not by much, just 1. 5 . That the ceo Doug Macmillan is making big promise in his turnaround plan. It is a match made in marketing heaven. Shrek and the transformers. The toymaker ...
June 21, 2024
Competitive, we will look to see if its more valuable in someone elses hands. The deal comes after allergan rejected and offer from Valeant Pharmaceuticals and activist investor bill ackman. The client and auto manufacturing come utilities and mining drag down overall Industrial Production in the United States last month stop it drop surprising many economists. U. S. Manufacturing is seen as key to the world economy, especially with todays news that japan has slipped back into a recession. Start...
June 21, 2024
Support for Housing Finance reform. Believes it is still too difficult for Many Americans to get a home loan. Money has been recovered for customers investing with bernie medoc. Funds haveislands agreed to pay a combined 500 million. If the deal gets approved 59 of the money lost will have been recovered. Bitcoin will be back on the auction block. Government will sell 15,000 bitcoins next month, worth 19 million at current prices. Snapchat and square are teaming up. According to a blog post snap...
June 21, 2024
Jpmorgans role in the recordbreaking alibaba ipo. Joking that he worried about it for two years. The house has passed a bill in 252161. One pipeline it now goes to the senate. Music streaming services are under fire, with taylor swift offling all of her music ic spot of five. Ify. Consumers want to rent all music in thethe world. With the downside of that is that youve taken the value from a song. Whetherigger issue is services are training people to think people is free. Music is free. E six an...
June 21, 2024
No. Its pretty much the president and harry reid being the oneman party of no. Mary landrieu push for keystone ahead of her election runoff next month. Berkshirefetts hathaway is buying duracell from Procter Gamble. The deal allows buffet to wind down his position in Procter Gamble which he has been cutting for years. The transaction also fits with the strategy of narrowing focus for Procter Gamble. Steve ballmer has just made a significant gift to harvard university, his alma mater. The size wa...
June 21, 2024
Runoff next month. Warren Buffetts Berkshire hathaway is buying duracell from Procter Gamble. The deal allows buffet to wind down his position in Procter Gamble which he has been cutting for years. The transaction also fits with the strategy of narrowing focus for Procter Gamble. Steve ballmer has just made a significant gift to harvard university, his alma mater. The size was not disclosed, but it will allow harvard to hire 12 new professors in Computer Science. It is the schools fastestgrowing...
June 21, 2024
Many republicans are staunch supporters of the surveillance program. The ceo says the Solar Power Company has seen a growth rate for each of the last eight years. He spoke about disrupt tang the business. The utilities do not like it that much. They would prefer the captain to not have any other choice. If you can maintain a monopoly, you can maintain your pricing. The committee is chaired by his cousin, elon musk. And a new stake in aol comes as yahoo announces a possible combo with aol. The fu...