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David we have some breaking news coming out of washington. With a majorroup announcement about leadership succession. It was led by David Rubenstein who also hosts the David Rubenstein show right here on bloomberg television. Jason kelly joins us now to talk about carlisle and the private Equity Industry which he has covered for many years. This is a big year. This is a moment we have been waiting for for a long time and private equity. The three founders are handing nwe ceosover to two two new ceos. These are both men who have spent some years at the company, and now we know who will be runni...

Expectations opec will extend output curbs. China Energy Giants report later. Haidi apple fans counting down to the iphone x. Apple asking chipmakers to double capacity. Right, we have Energy Companies in china reporting. I want to bring up a chart, 80 to 96. This is petrochina. This is the biggest destruction of shareholder value in history, and it could take more to convince analysts the stock has hit autumn. Peaked on the first day of trading 10 years ago. Check it out. It has lost 800 billion in market value, i enough to buy italy,isted company in or circle the earth 31 times with 100 bill...

Then he apparently, according to multiple sources who told wnbc, he deliberately targeted a bus with schoolchildren on it. That is why the front of the truck is so damaged. He got out of the truck. We suspect that is the suspect he ran across the west side highway, multiple lanes, stopping traffic if you look closely at the video it appears as though he has something in his hand. Police are identifying that as a weapon that they now know is a fake weapon, it was not a real gun. But they were far enough back so that they could not tell they fired on this gentleman who we believe is the suspect,...

President trump has offered tougher screening of immigrants following the attack in new york. Down a bike lane in manhattan a truck injured almost a dozen. A Police Officer was shot and arrested the suspect according to the New York Times he was found near the truck indicating that the suspect was not related to the islamic state. On capitol hill, a House Republican scheduled the release by a day. There are unresolved questions about the Corporate Tax rate cuts and other proposals. Republicans also sell disagreeable about whether to repeal a tax break for local taxes. Resident of catalonia now...

Lets get straight not to bloomberg first word news. Chris taylor riggs. Present here is taylor riggs. Taylor President Trump announced he will replace janet yellen as the chair of the Federal Reserve. Picture chose to have this for fed governor powell. But this will ease financial regulation. House republicans will unveil their tax bill today, and a call for Corporate Taxes to go down from 35 to 20 , but only for a decade. Estate tax would be faced out, and the Child Tax Credit would be increased to 1600. This can pass without democratic votes, but not not all republicans are on board just yet...