Good morning. Welcome to the pulse. We are live from bloombergs European Headquarters in london. We begin with a deal between apple and china mobile. After six years of negotiations, the two companies have struck a negotiation struck an agreement. Us withine high joins the details. It has been a while coming. Six years of haggling and finally, apple is able to access a Customer Base that is more than double the population of the United States. 1. 2 billion. This is a big gap in the distribution of the apple iphone. They have already been in china since 2009. But via the secondlargest carrier, china unicom. Finally, the deal is sealed with china mobile. Just below two thirds of the market they currently control. The customers7, can lay claim to an iphone 5c or 5s. What sort of sales growth are we likely to see . Morgan stanley says this could add 12 million iphone sales for apple in 2014. That is about an eight percent increase on the amount of iphones they sold in 2012. They sold 150 m
White house correspondent Julianna Goldman joins us now. How worried are the Insurance Companies about the numbers of those signing up today . Insurers are concerned. They are concerned about instability and consumer confusion. Aroundte house has said one Million People have enrolled in the federal or state exchange, but they originally hoped for 3. 3 Million People in by the end of the year. They are falling short of the deadline. They have not released the demographic data. The concern is while the website is working on the front end, the issues are still on the back end and will end up with the risk pool that is skewed to older and sicker people. They have announced over the past several weeks a number of delays and changes. What insurers are concerned about is that these go to the heart of the individual mandate. Last week the white house said your plan has been dropped and will not have coverage starting january 1. You can get a hardship exemption or you can be automatically enrol
We dont have trading in tokyo. It is the emperors birthday. John, good morning. Japan is closed or the emperors birthday today. China stocks are gaining. Apple as well and also foxconn part of that. Japan is closed. U. S. Gdp better than forecast. More details on what is happening as far as asiapacific stocks. Lets get back to our top stories. Apple finally signing a long awaited deal to get iphones sold through china mobile. Stephen engle is our china correspondent and he is in beijing. This is a long time coming. It is a pretty significant deal as well. X years six years worth of negotiation coming to fruition. Accessll give apple to access to customers on chinas biggest wireless at work. China telecom corp. The china apple have been offering since about 2009. Telecom has offered it since march of last year. The big stumbling block for apple and china mobile has been mobiles insistence to have apple make a handset that could be used on the Homegrown Technology that china mobile was f
Homes are being robbed in the east pay and police say the rising heat is to blame. Well tell you why temperatures are said to be bringing out fees this week and a near disaster in midair. Were going to hear from a the terrified passengers who thought they were about to lose their lives. And Donald Sterling says he will not pay the fine the nba is demanding for making racest comments. And Something Else he wont accept. 4 08 is the tile. A woman was stabbed to death in the neighborhood on the hills just on the edge of san jose. The accident happened on canyon ridge last night. There was a woman found with one stab wound. She was pronounced dead at the hospital. Theyve taken one suspect in custody. That suspect made the original 911 call. That suspect remained on the scene after the incident waiting for police. Police at one point says the suspect may have lived there, but isnt considered a resident. What led up to that stabbing is still under investigation. Any time you have a situation
To the reason it region already too late for some suffered losses followed well far ridges on destroying homes scary scenes that shows what happens on trouble flames meat sweeping winds sort of fire tornado forms right near peebles comes near by the largest was fired off threatens a Major Military marine base. So far thousands have been evacuated from San Diego County. in my book is a front your house but trust me fire officials know thousands of firefighters were to to put the blazes out but up against heat dry winds and low humidity not to mention fatigue because the fire looks under investigations but officials have muscled local rainfall make stress self that is marked as start anywhere one death has been confirmed as a result of the fire is good news is that Mother Nature will start helping out firefighters leading into tonight and the weekend x damages expected to die down leading of and fire investigators are some may be involved with some of these fires the main thing that real