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June 20, 2024
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 ...
June 20, 2024
We begin with one of the top of 2013,nd companies twitter, and its ipo. It went public and began trading on the new york stock exchange, raising 1. 8 billion. The company has had a storied history. Its cofounders all came together to celebrate that chapter. Who were joined by the ceo grew the company from a scrappy startup to a Global Communications powerhouse. I caught up with them on the floor of the exchange on the day the twitter went public. I think the thing that may be surprised me most a...
June 20, 2024
3. 75 . I say that with an air of surprise. Just because the discounts are so extreme. 75 at bloomingdales, the same at saks. You have to wonder whether their earnings will be there in january. Finally, on the 10 year, we are bumping up on three percent. This whole paper thing taper thing, it is real. If it drives Interest Rates up, we will see what happens. Julie hyman is keeping an eye on stocks. I want to look at ebay. Comscore coming up with the latest numbers. ,hey say ebay sales are up 9. ...
June 20, 2024
The administration wants this information declassified. This is about an investigation that resulted from the enhanced interrogations that this president has stopped. I have worked closely with john brennan. He has made strong declarative statements here. I believe he is speaking true. They will work this out. For the american public, they get caught up in the nsa thing and it is a murky story. But it is in everybodys interest to bring this to a close. The administration is giving the cia veto p...
June 20, 2024
Toking compensation paid tackling debt. Stocks up. Eye on them,ng an and they havent given the game away with what they are going to do with the telecom operation, have they . Like they are considering all options. Slight miss ona revenue, but it could be it is more likely they are going to as rid of an asset like sfr they try to focus on the core of what they do as a media company. Thats where we see the earnings. We will be digging more into this in about 20 minutes. 1. 6 on the down back of t...
June 20, 2024
For many professionals and corporate managers. Super, super, superduper hot. Its crazy. The 40hour work week is history. Daddy okay, hold on just a minute. 60to80hour work weeks are now the norm. You dont think youre working too much . No. Do you . No. Do you . No. Youre brainwashed. [laughter] maybe were all crazy. Maybe we are. [clock ticking] we have eight weeks of vacation. Eight weeks of vacation . Eight weeks, yes. Like most frenchmen marchand has no guilt about taking so much time off. In...
June 20, 2024
Of sleeping. Big things ahead today, right . Youve got the exclusive with schul schultz, we cant wait for that. Its not about the triple pu on. The value of the payments business at starbucks talking about how much its worth and how important it might be here as a rival to some of these card companies. Yeah. Look, bob nardelli made a great point if you can cut out the little big, the vig that visa and mastercard get, if you can make it so someone nearing the store is able to pay for it ahead of ...
June 20, 2024
Entry. So you did not tested prior to october 1 . No, sir. Again that hearing you can see in its entirety tonight at 8 00 p. M. Eastern on cspan. And yesterday the house energy and commerce subcommittee on communications and Technology Held a hearing on wired communications and internet protocolbased networks. Some of the topics discussed include the telecommunication laws surrounding those networks as well as the impact of Communications Advancements on consumers and businesses. This is a littl...
June 20, 2024
We will continue to update you as more details become available. The senate is out this week so on cspan2 we are going to bring live coverage of a number of events including a house hearing at 10 30 that examines the future of why your Communication Networks and how Technological Advancements could impact consumers and businesses. Host host welcome back. We are joined by congressman joe barton, a republican member of the house energy and commerce committee. Thank you for joining us. Later this w...
June 20, 2024
We all want competition, but what we want to have really is an environment, and, in fact, the digital revolution is enabling more competition. Thats why we have these, we have cable and wireless and fiber and all of these things are part of the digital revolution. But ultimately in a new act what would like to have, in my view, would be a standard that ties the regulatory activity of the agency closely to an analysis of the competitive marketplace. And then only if theres a market failure or con...