Will be long and difficult. Raqqa was among the first city captured by the islamic state. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Coming up, another bombshell in the development of uber. They have fired more than 20 employees after an investigation into Sexual Harassment claims. Tech companies are joining the global counterterrorism effort. Apple ceo tim cook told bloomberg how the phone maker is working with the u. K. Government to fight terror. Whitman willeg give her Keynote Presentation from las vegas. The fallout from ubers investigation into harassment claims has led to the firing of more than 20 employees. The probe into dozens of other employees is ongoing. The separatef investigation commissioned by uber being led by former u. S. Attorney general eric holder. What do we know . Reporter there have basically been 215 inci
In its life as a Public Company at least and the biggest u. S. Grocer m a deal ever. And for the purposes of our hour, which normally focus on tech, a nice intersection between an old, Old School Business and a new one. Its amazing. Just from a headline perspective and news that affects people, i cant remember a deal this big i mean, maybe aoltime warner, but you cant eat time warner. Its really a way of bringing things together unlike so many people who are this deal is amazing, i see a number of challenges, potential problems with this deal not necessarily getting consummated, but actually making it work. The logistics operation that you need to run a whole foods is way different from one that you need to distribute using ecommerce if i want cheerios and gatorade, whole foods doesnt sell that so how do you blend the whole foods operation for say produce with the stuff that most people eat yeah, i mean, how do you do all that and be successful while still running whole foods in a way
G20 bond sell off continues in the u. K. In japan, italy, germany and here and oil is reversing some of yesterdays losses our road map begin with after a strong start to the second half stocks are stalling. Markets set to open lower amid signs of a tech rally and lowing sector hiring last month president bullish on u. S. Markets as he prepares to meet merkel, putin at the g20. Shares of costco climbing in the premarket stronger than expected june sales. Futures moving lower ahead of tomorrows key jobs number shows the private sector added 158,000 jobs in june meanwhile jobless claims fell still near historic lows well see what it means for tomorrow. Historic loes and some of the minutes yesterday, some of the deviciveness still lead me to believe there would be a rate hike which is what we need its not talking to north korea. You saw the futures go down. They actually rally. I dont want to put too much on that. I think that the fed minutes created a little bit of a flurry some thought
All three major indexes taking a big hit. First intraday drop of more than 1 for the s p 500 in 64 days. That happened earlier today. That kind of call market has not gone back happening to all the way back to the 1960s. Nasdaq, intraday high at the open. It has now pulled back also more than 1 . Melissa said it, financials feeling the most pain. Beyond yields moving as well. Small caps are have thing the russell of all. Russell 2000 down the most of all the major indexes. Tyler . Im tyler mathisen. Second day of confirmation hearings under way for president Trumps Supreme Court pick, neil gorsuch. Preet bharara will join nyu law as a distinguished scholar in residence, he was fired as the u. S. Attorney for the Southern District of manhattan earlier this month. And days of heavy rains triggering the worst flooding peru has seen in decades. Look at that amazing video. A man washed away, as tries to drive cross, ill advisedly, obviously, a flooded road. More than 70 floodrelated deaths
What did jim cramer say about the possible sale of the company . But first, we start off with a huge rally on wall street. The dow soaring more than 200 points after the first round of the French Election turnoff without a hitch. The nasdaq hitting a record high points away from 6,000. The major averages having their best day of gains since march 1st. Here is what gets interesting. Since that date, the s p 500 has been making a series of lower highs. This chart shows you the highs on march 1st, and finally todays move, another lower high. Despite the rally in the classic trump trade with financials and industrials, the bond market looks like its telling a different story. Bonds got crushed sending yields higher early on but then reversed course. They finished at the lows of the session. Same with gold. But settling down less than a percent. Not exactly the rickoff move you would expect. Is the trump trade really back on or is this just a trump trap. Tim . Well, its a global trade that