Bloomberg, United States, Amazon discussed on Michael Brown
Doesn't matter. Whether you're a retailer, a supplier or manufacturer is freaked out around tariffs on automobiles because the price point is so big we all know that will be extremely disruptive to the industry extremely expensive to the industry. Most likely knocked the economy into some sort of recession because it's very inflationary. And on the subject of trade, Bloomberg is now hearing any deal between the US and Canada regarding NAFTA is unlike. Unlikely at least this week rish. Yeah. Go bad news for those who've been Alibaba would be a job created in the US co founder, Jack Ma is getting back on his earlier promise of creating a million jobs in the United States shouldn't quoting him as saying the current US China trade situation has destroyed his preconditions commitment Ma says he will keep pushing for the healthy development of bilateral trade ties. It's going to be a big day for Mitchell. John Deehan peeing and for those who are into Chinese tech IPO's shares of the ecommerce company or climbing in the gray market ahead of their trading debut. We have the story from Bloomberg's Yvonne man. China's second-largest tech startup is attempting what could be the second-biggest take IPO ever here. In Hong Kong, the Chinese restaurant review and delivery giant is said to have trusted personal investments from Hong Kong's richest person Li Ka-shing matrons chairman Wong. She is attempting to transform the company into a super ten cents. We chat and once they have to take care of everything from digital payments to travel booking and bike rentals revenue at the company climbed one hundred and sixty one percent last year after more than tripling in two thousand sixteen. In Hong Kong. I'm Yvonne, man. Bloomberg daybreak Asia. Amazon is said to be considering opening as many as three thousand Amazon go stores the next few years. Bloomberg's Spencer Sopa causes a huge push for the company Amazon. Go is really this cat. Fearless store where you can go in and take what you want and leave without having to stand in a line or pay. Anybody is the most distinctive all of the things. That's tried. And so now what we're seeing that they want to really put all of their horsepower behind this. And really expand. The cashier LA's store around the country. Amazon already has several Amazon goes in Seattle and elsewhere. So they have a small selection of groceries along with salads and sandwiches bid like a seven eleven without the gasoline Bodega like about a guy anyway, if you live in New York City, all right five and a half past the hour. Let's get you caught up on global news. Now, we've got South Korean president moon Jae gins saying that North Korea has agreed to the first step toward denuclearization. Ed Baxter covering the story in the rest of global news for us from the Bloomberg nine sixty newsroom in San Francisco. Eddie, yeah. Exactly. Right. Doug in the US secretary of state, Mike Pompeo responded. He wants to engage in mmediately, president moon says North Korea for the first time as agreed to dismantle the Dongcheng read missile engine test site and launch pads in the presence of international experts. Hung also North Korea's agreed to take measures such as a permanent dismantling of Nangahar nuclear facility corresponding measures from the US now what those measures are not disclosed. But the US President Donald Trump sounds pretty happy progress. Yeah. His also. And so fast. His secretary of state says US is ready to engage immediately to transform relations. He's invited his counterpart re young ho to the US next week for u N General Assembly in New York, the cavenaugh sexual assault allegation hearing public negotiations are churning. But no resolution judiciary charity Chuck Grassley as an invitation to accuser, Dr Christine Blasi Ford about her attorney says there should be an FBI investigation. I it's become a woman's issue. Senator Kamla Harris. This should not be incumbent on women of the United States.