Announcement just hours before the Republican Convention kicks off. Plus, new danger as california braces for a second round of lightning storms. What it means for firefighters on the ground. Laptop shortage. The new struggle for students and teachers preparing for more Online School this fall. And landline speed record. The incredibly fast internet that could let you download all of netflix in one second. Good monday morning, everyone. We begin with that historic threat on the gulf coast. A possible hurricane doubleheader. Two storms taking aim at the region could hit within 48 hours of each other. Hurricane marco was downgraded to a Tropical Storm overnight but the storm is expected to make landfall in louisiana this evening with a storm surge of up to six feet. Tropical storm laura isnt far behind. Its already left a trail of destruction across parts of the caribbean and could hit the texas louisiana coastline wednesday as a powerful hurricane. This new video shows a waterspout form
Justh to reopen california today taking smaller steps to ease its lockdown later this week. The first state to shut down its in our lets bring Bloomberg Markets reporter, taylor riggs. Why did tech outperform the rest today . Taylor a lot of the optimism new yorkn newsom, from governor andrew cuomo, seemed to turn that around in the final hour of trading. , all of theoned direction today. Fangs,daq along with the the peak out performers. Microsoft, amazon, apple leading those gains. Needp hearing that you that leadership for this rally. Emily Warren Buffett seemed to be driving a lot of the pessimism, saying he got out of airlines entirely. Walk us through how his remarks may have played out today. Since down the lowest september of 2013. Warren buffett said he would rather take losses in those positions. He said, the airline business, and i hope i am wrong, and i may be wrong, but it has changed in a major way. He said the future is much clearer to me. 137ew his cash pile to billion.
Taxes, i have used the tax laws can reform unfair tax code may be flatterings ourselves sounds like he watches the program could be oh, that amazon going up some more, in premarket trading actually hit 840 dollars a share. Now not alone google and netflix running up, too yes we have a big show Tuesday Morning just wait, do you see what bill clinton said about immigration and illegals when he was president. Varney company is about to begin. Stuart watch out, Hurricane Matthew has hit land in western haiti, a cat 4 next stop cuba baum later this week, here is what is for us the model showing towards florida, off Atlantic Coast carolinas new York New Jersey this weekend. We are tracking storm throughout the program we will be joined later as well it is heading up the florida coast. Look at dow how we going to open this morning pretty much debt flat 5 points may be i am calling that flat, now, the stock of the day, the month the year, for a long time, amazon set to open another high around
The obamas gave her a photo album that chronicles her visits with president s and first ladies. They visited Kensington Palace for a small dinner with the duke and duchess of cambridge and prince harry. I am mark crumpton. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Ubers breathing easier after striking a deal with california drivers. What does this mean for the larger gig economy . We break it down. Apple is not immune to china. Chinese regulators shut down itunes movies. We will dig into the larger implications. After a busy week in technology earnings, the main takeaways as we go into yet another busy week. What you need to know ahead of apple, twitter, and amazon all reporting next week. First, a developing story. First round bidders for yahoo could find out as early as next week whether they made it into the next round. Yahoo s advisors will spend the weekend narrowing down the field of bidders after receiving more than 10 initial offers for the int
European union. At a joint press Conference Today in london with Prime Minister david cameron, the president made clear hes more than comfortable entering the debate and advancing the case for britain staying in the eu. The president also discussed syria, saying he has long been skeptical of Vladimir Putins actions in the country. He also joined Queen Elizabeth for a birthday lunch. The obamas gave her a photo album that chronicles her visits with president s and first ladies. They visited Kensington Palace for a small dinner with the duke and duchess of cambridge and prince harry. I am mark crumpton. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Ubers breathing easier after striking a deal with california drivers. What does this mean for the larger gig economy . We break it down. Apple is not immune to china. Chinese regulators shut down itunes movies. We will dig into the larger implications. After a busy week in technology earnings, the main takeaways a