Thousands of california residents have been given the all clear to return home as fire crews gained ground. Firefighters say although the dangers from the most destructive blazes in californias history is far from over, calmer winds are helping make progress. 40 have died and dozens are missing. Louisvilles Athletic Association has fired rick pitino three weeks up to the School Technology its mens Basketball Program is being investigated as part of a federal corruption probe. Todays move ins his 16 years with the program. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this is Bloomberg Technology. Coming out netflixs record thirdquarter, shares jumped to a new high. Why investors are looking beyond the spending strategy and focusing on subscribers. Plus, china sets the stage to reset its political agenda with the tech sector under the microscope. We will put beijings censorship and r
Slams serious national lichl. Good morning from the studio 57 newsroom at cbs headquarters here in new york. Good to be with you. Im annemarie greene. The senate is set to clear the way for tax reform. President trump and majority leader say theyre on the same page. They had lunch together and then they held a joint news conference. The show of unity would belie some very public tension. Also the president is being called out for comments concerning his predecessors and fallen u. S. Soldiers. Seth lemon is here in new york. President trump tried to afrm his alliance with mcconnell calling them long time friends. Its a necessary perception at a critical time because the senate does vote this week on a budget and that sets the stage for tax reform, something where republicans say as make or break after several failed attempts to Reform Health care. There was hardly a topic President Trump didnt touch with reporters at the White House Monday afternoon but before addressing any of them he
Actions including signing a National Emergency declaration on the opioid epidemic. Were going to have a major announcement probably next week on the drug crisis and on the opioid massive problem. And i want to get that absolutely right. This country and frankly the world has a drug problem. Nbcs Edward Lawrence is in d. C. This morning and, edward, whats the latest on this potential Emergency Declaration and the white houses war on drugs . Reporter frances, i can tell you there is a major announcement by the Justice Department today related to this. The Justice Department expected to announce how they are going to fight this Opioid Crisis in america. Now, many advocates are concerned that the president has not done enough in order to fight this war on drugs. The opioid deaths last year increased 21 . The president or a president ial declaration on this would remove certain barriers that helps make it easier to get treatment, for example, medicaid or folks on medicaid would be able to g
Anna a very warm welcome to daybreak europe. I am anna edwards. Manus i am manus cranny. We have one spared we have one very special guest, tim draper who joins anna and i. Anna appetite for technology generally. More a foreign appetite for japanese stock. [no audio] manus this is your green line. These are the buyers that come. N, the nikkei ambassadors are buying japanese stocks. They bought nearly 6 billion in the first week, the most in 2. 5 years. The foreigners are still underweight and it could be the abe call. It could take you to 25,000 on the nikkei. Anna we watched the politics of there. The japanese stock market up by. 2 . Lets put up the risk radar. The Asian Session is really on pause. Near recent highs. Concerns around the korea coming back to the market concerns around north korea coming back to the market. Not shaking the markets excessively. Outover in the u. S. Geeking new alltime highs. On thes a lot of focus next fed chair. How hawkish is the next fed chair going t
Service. And during his accnc speech slammed spurious nationalism. Good morning from the studio 57 newsroom at cbs headquarters here in new york. Good to be with you. Im annemarie greene. The senate is set for a key vote this week to clear the way for tax reform. President and Majority Leader Mitch Mcconnell say theyre on the same page. They had lunch together and they held a joint news conference. The show of unity would belie some very public tension. Also the president is being called out for comments concerning his predecessors and fallen u. S. Soldiers. Seth lemon is here in new york. Good morning. Reporter good morning. President trump attempted to affirm his alliance with leader mcconnell calling them long time friends now closer than ever. Its a necessary perception at a critical time because the senate does vote this week on a budget and that sets the stage for tax reform, something many republicans see as make or break after several failed attempts to Reform Health care. Ther