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And welcome to power lunch. Im melissa lee. Heres what else is happening at this hour. Stocks pushing higher with the dow and the s p 500 erasing all of septembers losses while the nasdaq on pace for a record close here. Existing home sales falling 0. 9 last month. Economists were looking for a gain. And North Carolina under a state of emergency following days of Chaotic Street protests after the Fatal Shooting of a black man by police. Weve got a live report straight ahead. But first, we got to...

Being sued oftels laundered aliens dollars. Hsbc says it will defend the case. Those are the headlines. 24 journalists, 150 euros. Journalists, 150 bureaus. Chinese market closed for the lunar holiday. The nikkei down. Back in half an hour, time now for bloomberg west. I am cory johnson, in for emily chang. This is bloomberg west. Tradersk, solar city after investors send shares down 29 . Could amazon become the next that x . A blueprint for a Global Shipping and logistics operation. Corey net d...

If you break down the markets, they are having a rough ride. Matt, when you look at the u. S. Dollar strengthening and oil prices plunging, it seems the only possible catalyst is opec, the ecb, and the fed working together. The block. Matt the looks like the market is trying to spank this out of those groups you just mentioned. 40 on s p futures. 3. 36 on dow futures. Japan closed hong kong was down big. In europe, we saw bigger moves. 40 in paris, down 4 . The dax down almost 3 . At one point i...

All were contracted overseas. Global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. From bloomberg headquarters in new york, i am mark crumpton. Cory johnson i am cory johnson, and this is bloomberg west. Coming up, apple and privacy. Plus, will a shift to mobile bring back a nintendo momentum . And donald trump singled out jeff bezos and his purchase of the washington post. Apple ceo tim cook defends the companys refusal to help the fbi hack ...

China is stepping up support for its economy by wrapping up spending and considering new measures for back lending. Beijing will make more money available to local governments and minimal amounts banks must set aside to cover bad loans may be reduced. Lets take a look at the market. Hong kong and china are closed for lunch. But they fell in the morning session. After two days of gains, the japanese stocks as well as singapore are all down. I will be back in half an hour. Emily this is bloomberg ...

Global news 24 hours a day our 2400 journalists in more than 150 news bureaus around the world. From bloomberg headquarters in new york, i am mark crumpton. Cory johnson i am cory johnson, and this is bloomberg west. Apple and privacy. Plus, will a shift to mobile bring back a nintendo momentum . Trump singled out jeff bezos and his purchase of the washington post. Apple ceo tim cook defends the companys refusal to help the fbi hack into an iphone belonging to one of the San Bernardino shooters....

Appropriate. Former United Nations secretarygeneral interest which pope francis is in mexico where he delivered a massive stadium rally on behalf of fighting the drug trafficking. That is bloomberg news. Emily this is bloomberg west. Last years worth stocks are this years biggest losers. A dramatic revaluation. Groupon shares get a huge boost on news that alibaba has taken a big steak. Ake. Major investors meeting out largecap technology out of their portfolios. The major revaluation of Technolo...

Good conscience. Bloomberg is the founder and owner of the Parent Company of bloomberg news. From bloomberg world headquarters, i am mark crumpton. Emily im emily chang and this is bloomberg west. A favorite new target eager to rein in skyhigh marketing budgets. Amazon quietly changes course on encryption. Bezos brings it back after public backlash. In his first interview since Winston Stott lost 50 of its value, i speak exclusively to jeff weiner. Another twist in the standoff between apple and...

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. Com...

Another Goldman Sachs banker is caught up in the investigation into malaysian investment funds. Sources say was subpoenaed by the Justice Department anin late february. He left early this year. Headlines, powered by 2400 journalists in 150 bureaus around the world. Lets take a look at the markets. Hong kong and china are closed for lunch, but heres how they were trading in the morning session all in the red after export figures disappointed out of china. This is singapore, tokyo, and mumbai, dow...