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Bloombergs European Headquarters in london. Our top story today, twitter Ceo Dick Costolo paying the price for the social Media Services lack of user growth. Costolo will step down and jack dorsey will return to take charge temporarily. Caroline, this came really as a surprise. After hours, the share price went up. Caroline they seemed to like it. The share price spiked as much as 13 , all because this man is relinquishing his power. He will step aside on july 1. Hes been there since 2010. He did achieve all that. He took twitter to the market. Sensational valuation. Since then, the share pric...

News for twitter. We start off with the retail getting dragged down. Trump euphoria, colder weather, it should ben nirvana for these guys. Until we get tax clarity, is this group suddenly a notouch, guy . I think it is. We get a lot wrong, this one i think we all got collectively ride. Nordstroms, for example, this stock had a tremendous run up to 60 in november. We talked about it and said, the run in nordstroms, too much, too fast, all the shorts have gotten forward. At 20 times forward earnings, theres no way the stock should be there. We stayeaid, look for a pull ba. All this summer, 48 1 ...

And. Exploding phones, Driverless Cars and Virtual Reality. Its been an eventful twelve months in the the world of tech, but what can we look forward to in 2017 . Well speak to our resident gadget guru rory cellan jones. Welcome to a very Special Edition of Business Live. This year saw two of the biggest political results of the decade as the recent trend towards globalisation took a step back. There are now dark clouds of uncertainty hanging over two of the worlds biggest economies europe and the United States. Lets start by looking back at what happened following the uks momentous decision t...

Been a turbulent year for the global market. Oil prices hit that historic low. But there is light at the end of the tunnel. And, of course, following a Landmark Deal between members of the opec countries. And exploding phones, Driverless Cars and virtual reality. It has been an eventful 12 months in the world of tech but what can we look forward to in 2017 . Well speak to our resident gadget guru. And indeed, a very warm welcome to a very Special Edition of Business Live. So this year saw two of the biggest political results of the decade, as the recent trend towards globalisation kind of took...

Been a turbulent year for the global market. Oil prices hit that historic low. But there is light at the end of the tunnel. And, of course, following a Landmark Deal between members of the opec countries. And exploding phones, Driverless Cars and virtual reality. It has been an eventful 12 months in the world of tech but what can we look forward to in 2017 . Well speak to our resident gadget guru. And indeed, a very warm welcome to a very Special Edition of Business Live. So this year saw two of the biggest political results of the decade, as the recent trend towards globalisation kind of took...