Les Wexner News Today

It came before the coronavirus headlines started to impact the u. S. And as a result l brand, which owns victorias secret, bath and body works, has had to close stories, lay off employees and this was sort of a lifeline to l brand to unload it because they werent able to turn it around so if they get stuck with it again, its pressure on the retaile retailers. L brand is a prime example, one of the worst hit. Indeed. Well see you later this afternoon, sara. Welcome to squawk alley, you see the bo...

Hear it . Reporter his father hears it. Clear as day. Reporter christie puts her hand on that fathers shoulder, and that dad says he could just imagine what his son is doing. Hes probably out there running laps. Reporter his son the runner, and christie grateful for his heart. His father telling us this so peaceful. And it was it was something that we all needed. Reporter christie too. That donor is grateful not only for the heart, but for that family. So thankful and blessed to have them in our...

Others warnings of continued outbreak headwinds plus mobile merger revision, why softbank is cutting its stake in the Overall Company that will be created between sprint and tmobile, and why its so much more likely to happen and shares of deere are up, reporting abunexpected rise in profits, shows an early sign of stabilization for the farm sector coronavirus worries putting stocks on track for a negative week theres a spike in new cases both in and outside of china you got cocacola joining the ...

Based on the risk off the further markets. It is time now for global exchange. We will bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. Where to begin in asia, the coronavirus continues to spread in china, with the number of confirmed cases climbing above 75,000. Engle. Me is Stephen Stephen for the second time in about a week, china has rejigged its methodology for how to classify confirmed cases of the coronav...

Deal reshaping the storied Investment Bank, Morgan Stanley Ceo James Gorman will join us in the next hour. A mega merger, increases the projection of expenses saved and the guidance which well get into, as well. Giving up control of victorias secret selling a 55 stake to siycamore and stepping down. Well start with the deal of the day. Morgan stanley agreeing to acquire etrade valued at 13 billion. 58. 74 a share three months after schwab and Td Ameritrade announced a merger deal a lot of discus...

Vonnie in the united states, fractional gains for the s p, up about 0. 25 . 3. 3 two stocks, at t up on the news that elliott has taken quite a substantial , andion in the business part of that is that the stock rises by 50 , and that margins expand pretty rapidly. Up 3. 5 as well. It will be interesting to see what happens tomorrow at the investor day. Investors looking for all sorts of answers, including whether les wexner continues to stay at the helm. Guy sticking with the markets and the Gl...

Apple has launched three new iphones, a new ipad and the 5th generation apple watch. It also revealed that its arcade Gaming Platform and Apple Video Streaming Service will cost 4. 99 a month each. Features on the new phones include faster processors but focus mainly around the cameras, with the top model having four, one on the front and three on the back. Interesting, but many would argue apples future is now about more than the iphone. Sales at the tech giant rose 1 to 53. 8billion in the las...

Fired tear gasly and rubber bullets to drive back protesters blocking hong kong streets with roadsides and umbrellas at a protest for democracy in the chinese territory. Demonstrations began last month in opposition to and tradition bill that has since been suspended, but the movement has become a broader push for full democracy. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg....

Hiphop festivals in the world. Amazing rescue and reunion. The california mother who vanished while camping saying she was chased by a man with a knife now finally found. Shes telling her story on gma this morning. How she survived. Chicago on edge as authorities search for chance the snapper. First seen a week ago, now missing for days. The area shut down and a florida trapper called in. And jumbo jelly. The stunning sight in the sea. The moment a diver runs into this rare giant jellyfish and h...

A daunting proposition when the weather is going to turn to 97 degrees later this week. To the day,his is, the anniversary of when it happened in 1997. Questions. A lot of in the meantime, it is a quiet morning ahead of the u. S. Open. Some muted price action. Brent crude reaching the highest level since may. German three year yield dipping a basis point. On theg market currency heels of a less bad that expected gdp report from china. David today we mark the beginning of a big week for bank earn...