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Steve wozniak among those complaining of gender bias for the new apple credit card and Goldman Sachs. The latest from goldman. First, to our top story. Wework ceos search is said to include tmobile ceo john legere. John legere has ties to softbank. This comes at the same time as legere is pushing for a merger with sprint, whose owner is also softbank. Walk us through the news of today. Ellen as we reported this morning, it seems like he is one of several names up for consideration for a ceo search fo for wework. This is something that has kind of been percolating. Again, this may be a sign of softbank pulling the strings. We talked about they have a lot of control over wework. They have strong ties over john legere. In an amusing twist, ties with the executive chairman who is a former sprint leader and someone who in the past has sparred publicly at times with john legere over T ....
Lee k shang lee k shang. They are revealing a new location for the Gemini Bitcoin exchange. A fundamental shift in the last 24 hours, a swing back towards remain over the weekend with the markets moved to go with it. Big gains in new york, the biggest pop since august of last year. It will continue with features firm. Board, a bigthe day for sterling yesterday, the biggest pop since 2008. The gains continue, pretty much unchanged for 2016. The euro is just a little bit lower and the fed chair is that to speak in just a few hours time. The euro down 1. 68 on the u. S. 10 year. David ok, john. Thes check in with Bloomberg Team for an indepth coverage of top stories. Anna edwards and it is in westminster and guy johnson is an london. Is in brussels, and Erik Schatzker is an washington. Jonathan all reporters and the lives o ....
Where Ramy Inocencio has been tracking the followed from the betterthanexpected jobs report. Ramy looking at where we are right now, we are just off of session highs. I want you to look specifically at numbers for the s p 500, as well as the nasdaq, on pace to close at all time record highs for both indices. The s p 500s highest previous therd high was 2175 and nasdaq was 6218. We are still 90 points away from the dow record high, but still up by more than 150 points on the day because of that stellar jobs report. Function,e imap looking at the Sector Health of the s ps 10 sectors, seeing broad rallies across the board. Utilities and telecoms are laggards, but financials saw the biggest jump, 1. 65 because of what happened with the jobs data consumer discretionary. Informationtechnology up 1. 1 . Take a look at a deeper dive into financials. Across the financial board, it is i ....
Down big on new sanctions from the president yesterday. Road map begins with microsoft cutting a massive 18,000 jobs as part of restructuring focused on streamlines operations. Morgan stanley merely beating the street and blackstone trounss expectations. We will break it down for you. Hug it out. Icahn and ackman make up, but the highlights you did not see coming up. Microsoft announces a Restructuring Plan in the elimination of 18,000 jobs over the next year as they look to simplify operations and align the recently acquired nokia hand set business with the overall strategy. This is a charch of 1. 6 billion in the next four quarters. In an email, the ceo said, quote, as part of mod earnizing the processes, the disciplines change making the decisions to change are difficult, but necessary. Guys, the expectations had been for somewhere between 6 and 12. This is more. Yeah. Its about 18 of the pree nokia work force of 99,000. I ....
Fewer jobs, obviously, in that number. Expected an addin in september. Well break down all the numbers for you. Streaming to alltime highs. Netflix shares poised to open at a record high after blowing through Third Quarter expectations but even Ceo Reed Hastings voices a few words of caution about the stock price. Cramer that will run through the stocks that are key to your portfolio. And a new battle in the tablet wars. Meanwhile nokia launching a new tablet and apple releaseding surface two. Terrific. The september job numbers have been repleased, thats below forecast but august job gains were revised higher. Unemployment was low wheel the labor rate Participation Rate did remain unchanged the quarterly average, 103, 207 before that, 2 9 before that. Private sector is putting on the brakes. Interest rate back to ....