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June 20, 2024
Are concerned about the global economy. Do you feel like he is not as concerned as everybody elses. Steve is playing in the private markets. Those investments take a lot longer to mature. Whether he feels relaxed or not it is not easy to move illiquid assets if you are a black so if you are a Blackstone Group and one of the things we talked about was russia. Impossible not to talk about russia. Steve sits on an International Advisory panel. That is a position he still holds. I want you to hear S...
June 20, 2024
For some economists, but stocks over there are in the green. Our roadmap begins with the coldest arctic blast in at least 20 years affecting more than half the nations population. Wreaking havoc on commutes, travel and businesses. And the s p meanwhile looking to avoid doing something it hasnt done in a very long time, that is, a fourth consecutive time since the start of the year. Morgan stanley downgrading netflix from underweight to equal weight. And scott cohen reports Jpmorgan Chase officia...
June 20, 2024
Are economic warfare. The eu has accused jpmorgan and other banks of colluding to rig interbank lending rates. Agricole weret also accused. Taking on the ipad. Microsoft is going to take on the ipad mini. Satya nadella expected to unveil a smaller version of the today with a qualcomm processor. Cory johnson is in new york. If you fail to make an ipad killer, try to make an ipad mini killer . Go small or go home. Microsoft has failed in the marketplace with the surface. The push of a push of a pu...
June 20, 2024
[captions Copyright National cable satellite corp. 2013] [captioning performed by national captioning institute] we already introduced our panel and we could not a greater number of leaders on these issues than we have here today. Each one of them is leading the charge in businesses and advocacy to make a huge difference and i just want to thank them for their decades of work. I want to start with joe. He is our chief executive officer from deloitte. I have admired what deloitte has done in term...
June 20, 2024
Always is a dumb idea. Youre watching Market Makers on Bloomberg Television. Thursday in new york city, i am Erik Schatzker. I am stephanie ruhle. How do you feel . I feel great. Im not sure how i feel. These are the top business stories from around the world. Barclays will cut 7000 jobs in its investment bank, about one fourth of the total market. Trying tonkins is reduce his dependence on fixed income, which has been its biggest source of revenue. A big jump in homes being sold for cash accord...
June 20, 2024
That the rate may have been manipulated lower, which at the surface says people are getting lower mortgages. But remember, it is a zerosum game here. A continuing story. The three banks need to respond to the antitrust complaint in writing and at a hearing. Lets get our morning brief. Overnight, u. K. Inflation accelerating faster than forecast on a higher airfares and shipping costs. That is a little bit in the weeds. No Economic Data to speak of in the u. S. Earnings. Number of home depot just...
June 20, 2024
Kind of quiet on the earnings front. It will get busier as the week goes on. Davos is one week away. I will be in zurich. Lets do a data check. Were looking at stocks and bonds and commodities. The yield is 2. 85 . Crude goes nowhere. Where did the vix close on friday . Nicely under 13. That is interesting. It speaks volumes about a sluggish jobs report. We will talk about that today. 6. 04. Inese yuan, that is a shop for anybody on the asia watch. Were blowing through to east stronger yuan. A g...
June 20, 2024
This is a major escalation by the Justice Department. Without question. It is something officials have been hinting at for the last couple of months, maybe even as much as a year. The head of the division has said there are a number of prosecutors dedicated to looking at economic espionage. Everyone tiptoes around, whether or not it is china, everyone has assumed that is the case. This is a big deal. It covers as many as five individuals with connections to the Chinese Military. The first of its...
June 20, 2024
This morning on the kron 4 morning news. Three robbers get away with thousands of dollars from a san carlos trader joes. Who police are looking for. Plus. A Heated Exchange between neighbors in brentwood after dogs attack two people and send them to the hospital. Hear what the owners have to say. Plus. After hot temperatures across the bay. Were in for a cooldown. Well have your full forecast. The kron 4 morning news starts right now. Good morning. It is day, im James Fletcher. The San Mateo She...
June 20, 2024
For over two years the companies have clashed in a scale almost unprecedented in Business History and engaged in a series of tit for tat lawsuit has cost more than 1 billion. The battle is being fought outside the courtroom. On tuesday, apple is set to unveil not only a new ifeen or iphones but details on a long awaited smart watch. Wholl ultimately come out on top in the great smart phone war between apple and samsung . I spoke with Michael Gorman and ryan, the director of mobile device at i. D...