Economic data. That is it from australia. Economists are betting on no change from india. This is after the gdp group grew faster than expected. Coming in at 7. 4 in the first quarter. Lets get a quick check on the Market Action or lack of it. As far as china or shanghai goes. Managed to they finish the morning session. Hang t 65 for the 1. 65 for the hang seng. Emily i am emily chang and you are watching bloomberg west. Cyber monday sales surge. Target, Neiman Marcus, and even paypal. Amazon air raids. A new droneveal prototype for the 30 minute delivery service. 30 billionbehind worth of start up. First, in what is shaping up to be a recordbreaking day for Online Shopping, sales are expected at 3 billion, capping off a massive Holiday Weekend. Consumer spending 8 billion online. At one point this morning, targets website was overwhelmed by demand and shoppers were greeted with this message, apologizing for delays. At the surge also impacting paypal. Over the weekend, Neiman Marcus, i
Court today. Accused of killing three people, including a police officer. Those are your first word stories. More at bloomberg. Com. I am emily chang. This is bloomberg west. Coming up, cyber monday sales surge. Targeting Neiman Marcus and even paypal. Plus, amazon reveals a new drone prototype for its planned 30minute Delivery Service and here is the man behind 30 billion startups. First, what is shaping up to be a recordbreaking day for Online Shopping. Sales this cyber monday expected event hit 3 billion, capping weekend,sive Holiday Consumer spending 8 billion online. This morning, targets website was overwhelmed by demand and shoppers were greeted with this message, apologizing for delays. At the impacting paypal. Neiman marcus, its website crashed twice and was down almost all friday. Joining us now, shannon pettypiece, our correspondent. Ontributor i was one of the shoppers who tried to buy something from Neiman Marcus on friday. I did not go back. Break it down for us. What wen
Wants to use drones to be in the internet from the sky to you. They are looking to mexico to test it. They reportedly want to test solar powered internet drones after they bought titan aerospace. President obama is set to speak at the United Nations summit on Climate Change any moment now. In new a oneday event york, encouraging World Leaders to get together and take action against Climate Change. We will take you there when he takes the stage. But first, as the debate on Climate Change takes friends that are at the u. N. , one tech company is speaking out against alex. Onan interview yesterday, the diane ream show, eric financialld googles support for alex was a mistake. Joining me now in the studio to discuss, our editor at large cory johnson. And brent olson. Tell us how you are related to this all situation. You guys were actually campaigning against google for supporting alec. Facts is anof organization that has been around since 2012. We have 100 40 members, all of whom are conce
Than our weekly legal papers. You have to sort of explain what it means in a way that is understandable for lawyers and others who read the paper. It is not just lawyers. To understand what the impact of it means. There is a lot of rhetoric. There are a lot of people on tv saying a lot of things. It is difficult to find out exactly what the law is. Sometimes it takes a couple days for it to settle down and for people to analyze it. Do your editors give you all the space you want to detail a case like this . They always have they hold the scissors. I just give them a big long story and they can trim it to their individual needs. I normally dont get cut off. My stories tend to be in the 1200 word range. I am glad you focused on hobby lobby. At least this one, we knew what the bottom line was. It was relatively easy. About a week before, there was a Greenhouse Gas case. Justice scalia starts reading the majority opinion. Scalia very rarely is on the side of the environmentalists. You assu
The coveted iowa caucuses. Shares of herbalife are soaring after they posted a 5 gain in firstquarter profits. Revenues of 1. 1 billion. Sales in china were strong, rising 21 . In every other geography, herbalife saw sales decline. Bill ackman called the company a pyramid scheme. Groupon posted a 14 million loss in the quarter. Sales fell 1 in the First Quarter compared to last year. They blame currency headwinds. Electronic arts reports lower sales in the fourth quarter. The maker of fifa soccer says it is boosting its shares buybacks to 1 billion. Two nevada residents have sued Manny Pacquiao and his promoters for not disclosing a shoulder injury before his big fight with Floyd Mayweather. They say they defrauded viewers and sports bettors for not revealing the injury. They are seeking classaction status and damages for all ticket buyers and payperview watchers. Salesforce may have potential buyer 800 miles to the north microsoft. They are bidding a possible bid of the company after