Our exclusive with the ceo ahead. First to our lead. This week saw a showdown brewing in washington, cracking open the Net Neutrality debate. Fcc chairman ajit pai unveiled his game plan for rolling back Net Neutrality rules at a speech wednesday in the nations capital. Passed in 2015 by a democratic majority fcc, the Net Neutrality rules and to prohibit internet to prohibit Internet Service providers from favoring or discriminating against online applications, content, and services. Now democratic senator Edward Markey from massachusetts responded to the chairmans repeal, saying, it makes no sense. We cannot keep the promise of Net Neutrality openness and freedom without the rules to ensure it. Pai and the Trump Administration and the ceo should inspect a tsunami of resistance. The ceo said the rules as they stand have made a digital divide. We spoke to fcc digital chairman ajit pai from washington, d. C. Ajit this will be a political debate that will engage millions of people, but we
Our exclusive with the ceo ahead. First to our lead. This week saw a showdown brewing in washington, cracking open the Net Neutrality debate. Fcc chairman ajit pai unveiled his game plan for rolling back Net Neutrality rules at a speech wednesday in the nations capital. Passed in 2015 by a democratic majority fcc, the Net Neutrality rules and to prohibit internet to prohibit Internet Service providers from favoring or discriminating against online applications, content, and services. Now democratic senator Edward Markey from massachusetts responded to the chairmans repeal, saying, it makes no sense. We cannot keep the promise of Net Neutrality openness and freedom without the rules to ensure it. Pai and the Trump Administration and the ceo should inspect a tsunami of resistance. The ceo said the rules as they stand have made a digital divide. We spoke to fcc digital chairman ajit pai from washington, d. C. Ajit this will be a political debate that will engage millions of people, but we
Destroyed three central sri la nkan villages. Three bodies have been recovered. Tensions escalate between the u. S. And china over disputed international waters. Two chinese fighter jets intercepted an american reconnaissance plane over the south china sea. The jets came within 50 feet of the u. S. Plane. Ruledrado jury has Cinemark Holdings is not liable for shootings in 2012 that left 12 people dead. They could not have predicted an attack from gun man, james holmes, sentenced to life in prison last year. I am mark crumpton. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Coming up, a question of trust. Did a highprofile meeting with Mark Zuckerberg convince conservatives that facebook is a friend . We get details from someone who attended. Plus, google and xiaomi a plan to take on apple and amazon. I caught up with Xiaomi Global Vice President and former google exec, hugo barra. And dysons second wind. The manufacturer is reinventing mainstream home appli
Ramy we are just off of session lows but i have to say that on fears of what is happening over at the fed, traders are concerned about the rising potential of an Interest Rate hike as early as june, and even here today, all the major indices are down for the year. We are down. 7 , similar to the s p. Pop into the bloomberg with me and i want to show you the sector health. Seven of the 10 sectors are in the red. Industrials are down the most, down by 1 , as it has been for most of the day, followed closely by financials. Utilities are the highest, but with Consumer Staples the secondhighest, half a percent here. Going back to industrials, they are down in large part because of what is happening with the airlines. This is down by about 2. 5 , in large part because of temper airrs, because of egypt flight being lost between paris and cairo. Officials saying terrorism cannot be ruled out. Lets take a look at what is happening even deeper in the Airline Board with specific stocks. Across th