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2017 has extraordinary brought it into eight very exclusive club. That is the Fifth Company worth and access of 500 billion, alongside apple, googles parent alphabet, microsoft and face book. It also means it has beaten alibaba to the milestone. News, 24 hours a day, powered by more than 2700 journalists in more than 120 countries, this is bloomberg. Lets take a look at the markets closed, aboutust 4 10 of a percentage down. Japan, we are seeing gains all across the region. Emily this is bloomberg technology. Coming up, the doj is hitting at t hard. Details on the lawsuit that could block at t...

Happen at this point its a tax cut plan which is still positive for the economy. In terms of whether it will get done this year, people are discounting that if youre watching the markets, markets are hanging in there with some of this. The dow is indicated down by 50 points, the nasdaq down by 4 1 2, and the s p down by 5 they are all coming off record closes its been seven sessions in a row for the dow thats higher. The s p is up six out of the last seven sessions. Well see what happens slightly lower indication for the morning. Well see if that holds out. Overnight in asia, in japan, the nik...

I think the horrible attack in manchester reminded all of us why we have to do this. The president said that in remarks today. It just reminds us why we have to win this fight and we have to do it. We cant leave it for someone else to do. Maria very latest developments this morning. Airport lines may be getting longer. Transportation Security Administration testing procedures including separating all electronics and food. Obamacare on the brink. The Congressional Budget Office now with a score in the Gop Health Care bill say that will lower premiums than the deficit. This after another insurer...

Level thats needed to provide for new entrants in the labor market, we do have a strengthening economy. With policy accommodative all youre doing in raising rates is removing a bit of accommodation heading toward a neutral pace. And i see that is appropriate. Were not moving so aggressively as to put a break on continued improvement in the labor market. But i think that thats a prudent move to move in a gradual way with unemployment now. And not only the Unemployment Rate, but i think any indicator of labor Market Performance and tightness that you could look at whether its household perceptio...

Bergen county, new jersey, after a levee break there. Right now an enormous fire is burning in the queens section of new york. 50 homes have destroyed. A transformer explosion to tell you about. Ripped through the night as people described a powerful explosion, very loud. Look at those pictures. Update you on what happened at that con ed plant. 260 patients including babies from the nicu evacuated from a Major Hospital in new york city. Historic recordbreaking flooding consuming manhattan and parts of the northeast, as well. Homes are under water and more than 6 Million People are in the dark ...