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Against a u. S. Company in decades. Google says the government case is deeply flawed. Late tradenges in after missing on subscribers last quarter. Its outlook for the current period is below expectations and investors are not happy. Haidi we are just getting a little bit more of an update on these ongoing stimulus discussions in washington, d. C. Nancy pelosi saying she is optimistic a deal can be done before the election and that she is calling on Committee Chairs to resolve some of the differences when it comes to funding levels and language so they can get back to negotiations between her and secretary mnuchin as soon as possible, crucially saying she remains hopeful an agreement will be safer, bigger, and better, and will be retroactive as well. We are seeing that reaction when it comes to the futures markets. Lets look at the asian trading day. Sophie kamaruddin is here with us in hong kong. Seeing s pare eminis gain ground ....
Just madly out of control. Reporter jim came back to his house after he thought it was safe. As we drove back the flames were still spotty here and there. Within an hour or two after i got to the house i realized i shunted be here. Reporter firefighters from all over the bay area and Southern California in the air in engines and on foot fighting the flames. But Mother Nature fought back. This fouryear drought dry vegetation made for serious spotting across the lines. Reporter despite that the wind picked upbringing new life to the fire. And under the scorching sun tripledigit heat, new flames ripped through hundreds of more acres. I have never seen flames so tall. 200, 300foot flames. Reporter lake county with dry brush and rugged terrain make it one of the worst landscapes for firefighters. Theres nothing stopping it and its very rugged terrain, impossible to put it out. ....
Attracted their attention. The u. N. Called on detroit to stop shutting off water to residents behind on their bills. Lobal news 24 hours a day from the Bloomberg News room im emily chang. Im emily chang this is bloomberg west. Apple reports its biggest quarterly profit ever. The stock is in limbo as investors digest a miss on iphone sales. And beating estimates as it swaps out cfos. And twitters revolving door is still swinging. Is in. Berlin and a to our lead. Apple beats earnings expectations but iphone sales are stalling. 70. 9 percent. E is the real number to watch is iphone sales. For the first time in a decade apple is forecasting a sales decline adding to evidence the market for smartphones may be peaking. The company is feeling the effects of a different economic environment around the world and is beginning to see softness in hong kong, a big part of the china business. Take a look at what tim cook at the saying. Im cook ....
Been asked to join the disney board. Can his perspective bring tech magic to the Magic Kingdom . And iac had to fire an employee over a racially insensitive tweet over a twitter account that is barely followed. How is social media created the potential risk for modern businesses . We will explore new Corporate Management over social media. Apples iphone is finally coming. After six years of negotiation, apple and china mobile have announced a deal that will bring the two newest versions of the iphone to china starting next month. China mobile is the countrys dominant carrier and apple will gain a Subscriber Base more than twice the size of the entire u. S. Population. But how will this help apple in china as they battle lenovo and samsung . My guest helps google set up chinese operations. Good to see both of you. H ....