The stunning change by president Bidens Son on the day his trial was to begin. Hunter biden pleading guilty to nine Tax Offenses after prosecutors made it clear the only alternative to a trial was a guilty plea. The punishment he now faces and what he is saying tonight. Also, the 14yearold Georgia School Shooting Suspect charged with four counts of murder in the killing of two students and two teachers. The suspect and his father interviewed by the fbi last year about online threats. Could more have been done . And how teachers press a button on their badges to alert authorities. Well show you how the tech works. But can it save lives . The fbi searches the homes of some top deputies to new York Mayor eric adams, seizing their telephones. What we know about the investigation. Former President Trump pitching his economic plan. Could Elon Musk Play A Role in a Government Overhaul . The battle over u. S. Steel. The biden administration trying to prevent it from being sold to a japanese co
Electoral joe bidens win is confirmed by the electoral college, but he hints he may never concede. Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. It is the day after an american holiday, which saw a lot of markets closed. Cash equities open in the u. S. Because of thanksgiving. This is what i am looking at overall in the markets. Quite a lot of movement is on the portuguese 10year yield. Markets are speculating when it could go into negative territory. Today, the overall mood is a bit of caution out there. Investors, secondary valuations following a rise in equities this month but also enduring pandemic and parts of europe, oil retreating, with rising tensions within opecplus members. We will have plenty of more on that throughout the show. The stock market has a rotation into cyclical and value, by the promising vaccine, or could we see farther moves . For more on this, lets get straight to our dani burger with a look at the markets. Hi
Us. What have you found out. Reporter youre right. Not the regular numbers we would see on black friday but still a lot of shoppers out in front of this game stop store here in san jose. In fact, a line that started last night that stretched from the front door just around the corner here over to an atm 180 feet. Nearly everybody in line was wanting what we heard and other people looking for other stores as well. One of the two new gaming consoles, the playstation 5 or the new xbox and not able to find it here. On the other side of a best buy nearly every person in line when the best buy opened at 5 00 they were looking for the playstation 5. They left as quickly as they walked in. Some coming straight back to the game stop hoping they could planned one here. But nearly everyone left emptyhanded and learned it wasnt worth the wait or the risk. I think its going to be impossible to find it in person. I waited here all night to get it and it wasnt here so its not golf ball everybody else
Dow 30,000. 2009,were you march 10 of while you were up 16 per year on the dow . Spx i believe better as well. There have been reasons along the way to go to cash, and yet here we are with solid doubledigit returns across 13 years. Jonathan and some houses got it right. One of those houses, Morgan Stanley. It was really uncomfortable to make the call coming out of march 2 remain committed to the recovery in the u. S. Economy. It took some real confidence, and one thing that has frustrated me over the last couple of months is every time someone says the easy money has been made. There was nothing easy about going long in early april during lockdown. Lets be clear about that. We are going to keep this short with mr. Wilkinson keep wilsonort to get mr. Of Morgan Stanley, but we are not even seeing the version of those trends, are we . Jonathan not yet. Bank of america proposes holding the bonus pool flat for traders, this on a year where in the first of nine months, revenues or bank of am
Area above highway 13. So certainly that was on everyones mind. This is the memorial to that firestorm but this time fire crews were in the right place at the right time. Black smoke rising from the Oakland Hills at 9 40 Tuesday Morning sent an ominous wave of panic. Oakland fire says what ignited the blaze is a gasoline generator hooked up because power was cut off by pg e because of the red flag warning posted for the east bay hills. It was a huge explosion. Its like i hear a neighbor saying its the generator that explode and then we see the fire all over the place and i started to shake and everybody just get panicked and started to run all over the place. Reporter this family lives next door. It was a second explosion and the fire went across the street into the other peoples yard. And the whole house just went up in smoke and flames, and then the cars exploded right after that. At least two cars. Reporter there were a total of four explosions as the fire tore through two homes, fl