It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, a weekly review of the most important Business News from Bloomberg Television around the world. Look atke a day by day the weeks top stories starting with a surprising turn in apples legal showdown with the u. S. Government. The department of justice withdrawing legal action against apple after the fbi successfully bypassed the the lock of the iphone of the San Bernardino shooting without apples help. They were able to access the information they were seeking from the San Bernardino shooters apple iphone with a third party involved that gave them the technical capabilities to do that, likely some kind of mobile forensic expert the contracted with the government in the past. As of right now, it looks like is dropping their request for the company to write additional code. The rumors i have seen so far is an Israeli Company that worked the government on similar west and is savvy in some of these backdo
Markets. Here in the u. S. , unchanged this morning. Now we are steadily moving lower and lower. If you want to take a look in my terminal, the bloomberg chart here, i have the dow intraday. You can see we took another leg lower and we are coming down lower now at noon as well. It looks like all the pressure is on u. S. Stocks as the european stocks slow at the close. Scarlet within the dow industrials, what is driving the measures lower . Matt we are on retail sales because of black friday and cyber monday. The biggest loser, for example, is nike. Nike is the biggest loser on the doubt. There has been in a lot of talk about discounting today. Piper jaffray is concerned about discounting. Under armour. People are concerned about discounting at lululemon. Maybe that is the reason you see the weight on walmart and nike. Watson did say that cyber monday sales would be of 18 across the board. Disney is also a big weight. We are here friday . Scarlet i was not here friday. Matt you were sma
First time in almost seven years. Many forecast saying sub 60 is here to stay through 2016. A little bit of a rebound. Koppers, metals, a little bit higher, a 10th of a percent. Gold up. 1 . That to do with the Federal Reserve more than 80 probability they will hike. Those technical indicators are telling us when it comes to traders. Miner to keep an i on one , potentially some gold. One of its minds has suffered a spell of toxic residue it. This is in desperate this is being reported by the that breaking news from bloomberg sources that in the united states, dow chemical and dupont are in late stage merger talkers late stage merger talks. If is consolidation a good thing when you have a glut of temples in the market. Glut of chemicals in the market. Interesting news in terms of construction. Carillion coming up almost 5 . Why . Because things are looking pretty rosy. Jonathan thank you very much. European equities, i dont think that is a convincing bounce. We are up. 5 . You see the m
This is front and center for monetary authorities in the united kingdom. Well, mark carney said last month im surprised we do not think people will raise rates next year. Economics we have a lot of stuff. 7 00, the Weekly Mortgage application numbers. Adp employment figures. Adp creates about 20 of the paychecks in the united states, so when payrolls jump, it we should set up a schedule here for the next 48 hours. It is three days compressed into two. Adp today, then tomorrow back to claims another private survey as well. It is essentially three days squeezed into two. All the more reason to watch bloomberg surveillance worldwide. 10 00, we have the factory orders. Flipping the page, earnings before the bell. Told you yesterday Constellation Brands was reporting earnings. I was wrong. Today, i mean it, it really is today. An item of note, janet yellen will be speaking to the iis centralbank conference in washington. Second data check. We begin the earnings dance next week. Futures cont
Housing has been completed and residents are now moved in. It shares the space with st. Anthonys. And i happened to pay a visit there, and met some the residents. They have a wonderful portrait of mrs. Hale in the lobby and i think mrs. Hale would be very proud of the work that has been completed in that living space. Regarding our excuse me our committee reports. We submitted a letter to sacramento, to the California Senior Legislature letting them know the space will be filled that was vacated by mrs. Campbell and will hold that position until october, 2015. Also we continue to recruit for our Membership Committee. The chairperson mrs. Russo was not there, but were continuing to recruit for the Membership Committee and that is an ongoing process and our site visits continue and well have an update at the january meeting. The Advisory Council will not meet in december because of the holidays. So well be giving a report i will be giving a report in january. Also at that particular meet