Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want to hear it is a cure. You want to hear it is something that is part of a cocktail of things that you need to be
Kristen nielsen is deputy chief of staff under kelly. The house has passed a 36. 5 billion hurricane aid package. 16 billion will pay for Flood Insurance claims and emergency aid to help her to rico. Florida and texas have requested about 40 billion. The death toll from wildfires raging in california is now 26. Officials expect that to rise. More than 8000 firefighters are battling the blaze is with additional manpower and equipment on the way. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Emily i am emily chang and this is bloomberg technology. Coming up, Facebooks Sheryl Sandberg goes to washington in pledges full cooperation from the social network. The investigation into election interference and when the public and can expect when do see more than 3000 russian linked ads. Plus my wide ranging exclusive amazons cswith uite. Had to say about improving the Customer Experience with ai. Ch
A slightly lower open. European markets have, well, weve been hearing from the ecb although not much action, there it is, at least the equity markets at this point lower, though fractionally so you have to say. How is the 10year note yield doing and crude oil, theres a look. 1. 6, 1. 6. Wow. Things are getting crazy there. Crazy. Wti you can see is right around 45, 50 or so this morning. Lets get to our road map. It starts with day four of the Republican National convention in cleveland. Ted cruz was booed, mike pence delivered his speech, and they are gearing up for trumps speech tonight. We will go there live. Elon musk is revealing his master plan for tesla. Part two, by the way. How realistic are his bigtime ambitions for this company . Qualcomm, intel, ebay, southwest, and more, all are on the move this morning after earnings. In fact, i mean it goes on and on biogen, travelers, american express. We will try to get to all of them or as many as we can, give you the numbers you need
Twitter iness to turkey. Ignoring a court order to remove content. Many are outraged. Many feel that the president circumvented the block and tweeted that the ban is unacceptable. A moreill be personalized app. Career be from the history, seniority, and connections to show more relevant articles. It will be released in the third quarter. Outlines its policy on when it can search user email accounts after revelations that it scanned the emails of a blogger who had microsoft trade secrets. Surge will not search emails unless there would be a court order. Even of the search takes place, it will only look at relevant information. Now to the top story of the day. Tech executives, including eric schmidt meeting with president obama today at the white house to talk about the nsa and government surveillance. Melissa meyer was also invited but could not make it on such short notice. Megan hughes is in washington. Has this meeting that going on for two hours now . We understand from sources insi
Rundown. Googles eric schmidt meets with president obama to talk about nsa surveillance. And weighing in on the nsa revelations. Then we will talk about the wordprocessing app, quip. Blocked access to twitter in turkey. This is after ignoring a court order to remove content. Many are outraged. Many feel that the president circumvented the block and tweeted that the ban is unacceptable. There will be a more personalized app. It will be from the career history, seniority, and connections to show more relevant articles. It will be released in the third quarter. Microsoft outlines its policy on when it can search user email accounts after revelations that it scanned the emails of a blogger who had microsoft trade secrets. Microsoft will not search emails unless there would be a court order. Even if the search takes place, it will only look at relevant information. Now to the top story of the day. Tech executives, including eric schmidt, are meeting with president obama today at the white h