Uncomfortable to learn through question thatt a posed nearing a town hall last march in flint, michigan. Cnn announced that it had accepted braziles resignation two weeks ago. Revealedial reportedly for least a second time brazile had communicated about questions of candidates might be asked on the air. Islamic state claiming responsibility for a suicide car bombing at a popular baghdad market. At least 10 people were killed with dozens more wounded. The blast was one of several in the iraqi capital this weekend that left a total of 17 people dead. Remarks call into question Key Assumptions about who will step swn after president xi reshuffle next year. Saying retirement rules need to asflexible and revised circumstances require. Global news 24 hours a day in over 120 countries. Im mark crumpton, this is bloomberg. We are 30 minutes from the close of trading in the u. S. Scarlet racing news crossing the bloomberg breaking news. More on this and how the stock is reacting, you only need
Today encouraging the uk to stay in the european union. Former Central Bank President will join us with his reaction coming up. Valiant shares spiking on reports the company could have a new ceo. We have more coming up. Lets begin with the big earnings themes. Mcdonalds and tech, seuwere looking at the impact of tech earnings on these markets. Lets start with the industrials, bob. Three big industrials, all with modestly more positive commentary. Focus on that. I want to start with the ceo of General Electric. Conference call this morning came out. He acknowledged oil and gas was challenging. He went on to say aviation was showing strength. Healthcare was rebounding. Thats a strong word and china was showing improvement. Plenty of business to achieve our goals. This is more positive than a few months ago. Lets move on to caterpillar. Sales declined. But the ceo came on air this morning and said overall i think were close to the bottom. Thats a positive comment. This company has seen de
Fire in the isle crazy video tonight from the walmart on hesperian boulevard in san leandro. Spread to candy section. Fluid. Lit them on fire. 40 year old from oakland. At hospital now. Still grant room employees could get it quickly grabbed the extinguishers until the Fire Department and please shut up the guts of the before years old from oakland hospitalized smoke elation and place in jail in san leandro was used for that name has not been released the exact motive is a source close Top Department checking it out right now making sure the food is safe and air is safe to breathe kron4s alecia reid is on the ground. Talking to witnesses and officials. Shell have the latest pam is a high cross said fairfax a woman in Golden Gate Park three suspects arrived back in the bay area yesterday are due to be rearranged mytwo groups gathered today at thethis was a collection of friends reporter and intel will be walked across the courthouse tomorrow morning for the rain and a note of what theyr
Inversion. They would operate as a standalone brand. Two points on the burger king deal, even though it is an inversion, this deal likely a little bit more like a real deal in terms of strategic merit, both in terms that 50 of the company would be based in canada. There are reasons to keep it there, but more importantly from a 3g perspective, the guys that own burger king, we saw what they have done with inbev and heinz. This is sort of their approach at taking a Restaurant Company and using it as a platform to buy a lot more. I would argue to everybody that this is just the beginning. We should see the transaction cross the tape later this week, probably tuesday more likely wednesday. Well talk more about that in a moment, but for now well send it over to michelle. Im dying to talk burgers and donuts. I think it has more to do with fries. They finally said, you know what . The fry situation, the fry problem was too big for us at burger king. Youre right. Tim hortons has a track record
Point of earnings season. A good start. Earnings beat for microsoft, despite falling pc sales and once again, its all about the cloud. Amazon reports strong sales growth. Who cares about margins. Customers dont blink at a price hike for prime. Drum beat of new services continues. Analyst notes this morning are pressuring the stocks. Starbucks up, earnings as analysts expected. Exclusive with Howard Schultz ceo and chairman coming up, coffee, Digital Payments and why lunch is next. Ford is slipping despite strong sales. Profit did miss analyst estimates. Fords margins hit by higher production costs. Shares are dropping. Well hear from bob shanks. First up, microsoft did Beat Estimates by a nickel, fiscal had thirdquarter profit of 68 cents a share. Company was helped by momentum in Cloud Services as total commercial cloud revenue more than doubled in the period and last night during his first earnings call, nadella spoke about betting on the cloud. We will continue to invest in our clou