31 Burst results for "Charlie Pellet"

"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:22 min | 1 d ago

"charlie pellet" Discussed on Bloomberg Radio New York

"The doctor that confirms you had the procedure and you'll get a free milkshake. I'm Brian shook. And I'm Charlie pellet. That Bloomberg world headquarters. A move higher for the Dow, the S&P and nez stack fireworks ahead of the 4th of July on Wall Street with a late day rebound. It was exacerbated by low volume ahead of Monday's holiday. Mike Wilson is chief U.S. equity strategist at Morgan Stanley and on this first trading day of the second half he's warning the bear market is not over yet. So we're just not done with this bear market. Yeah, the good news is we've been in for probably over close to a year for a lot of stocks. It's well advanced, but we just haven't had the concluding chapter yet. Morgan Stanley's Mike Wilson, investors are also assessing the outlook for corporate earnings given the inflation backdrop. Sarah watt houses senior economist at Wells Fargo Bank. So I think what we learned this week is that the consumer is on somewhat more fragile, but in so we're seeing cracks emerge in their spending patterns where they maybe don't quite have the fortitude to spend in this inflation environment than what was reported in recent data prints where we did see some pretty notable downward revisions. And I think overall we're looking at an economy losing momentum faster than what we anticipated. Sarah watt House of Wells Fargo Bank has for the interest rate outlook and the Federal Reserve, Leslie falconio is head of taxable fixed income at UBS global wealth management. But right now, the market is really corrected with a 3.35 March peak and then almost 60 basis points of easing in the second half. I mean, we still think the fed most likely do 75 in July, just as a precaution. We don't know really what's going to happen over the next several months. Leslie falconio of UBS global wealth, stocks rallied with the S&P up 40 points up 1.1% the Dow up 321 hired by 1.1% NASDAQ up 99 up .9%. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie palette this is Bloomberg. Bloomberg wealth is brought to you by Meryl, a Bank of America company, visit Bank of America dot com slash marrow advice. Merrill Lynch pierce fenner and Smith incorporated registered broker dealer, registered investment adviser, member SIPC, a wholly owned subsidiary of Bank of America corp

Wells Fargo Bank Mike Wilson Brian shook Charlie pellet Morgan Stanley Leslie falconio Sarah watt Bloomberg Sarah watt House UBS global wealth management S fed U.S. Charlie palette UBS Bank of America pierce fenner Meryl
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:58 min | 4 months ago

"charlie pellet" Discussed on Bloomberg Radio New York

"Special report the Russian invasion of Ukraine Cities across Poland are reporting their at capacity as Ukrainian refugees continue to pour in the mayor of Poland's second largest city Kraków is now asking for help to move refugees to less populous areas of the country A Ukrainian volunteer journalist says her parents chose not to evacuate the war torn country even though she did Elena de beco said although her parents are in the heavily shelled city of kharkiv she feels like they're safe where they're located My parents are still in parking They just made a decision to stay there because of many reasons but the main reason they stick last years old So it's quite difficult for them to change their daily routine and they decided to stay there Said her parents still have electricity gas and even Internet despite the city being bombarded by Russian forces This has been a special report I'm Brian schuch And I'm Charlie pellet at Bloomberg world headquarters It was the worst week for the U.S. stock market since January down this week by another 2.9% the second weekly decline in a row risk sentiment deteriorated after Ukraine's top diplomat said he did not see progress in talks with Russia As for the overall market backdrop Emily Roland is a strategist at JH investments We're looking at an environment which the fundamental backdrop remains decent here You know we've seen this negative price action play out We're at about a 12% or so decline from the peak in the market but that's really been based on fears of fed tightening geopolitical risks coming to the forefront Meanwhile earnings estimates continue to move higher here Emily Roland of JH investments now on the economic outlook could we see a recession Malcolm etheridge is executive vice president at CIC wealth We are starting to hear that our word recession thrown around more and more frequently which is a little bit concerning Frankly generally when we as a collective start to hear and think recession we begin doing irrational things with our money like selling out at the bottom of a market for example Malcolm ether of CIC wealth Federal Reserve policymakers will meet next week as for the path of how many rate increases to expect Michael Collins is senior portfolio manager at pgim fixed income So I think the risk now is actually more to the downside than the upside And I think that means the fed even though inflation is going to be really elevated and really sticky you know they really have to be careful here And they just can't over hike Michael Collins of P J MS and P down 55 down 1.3% today the Dow dropped 7 tenths of 1% Now 2.2% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pallet this is Bloomberg.

Emily Roland Kraków Elena de beco Russia Poland Brian schuch Charlie pellet Bloomberg world headquarters kharkiv Malcolm etheridge CIC wealth CIC wealth Federal Reserve pgim Michael Collins U.S.
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:50 min | 5 months ago

"charlie pellet" Discussed on Bloomberg Radio New York

"193 down by 6 tenths of 1% Ten Europe 1130 seconds ten year yield 1.83% spot gold up 1.6% 1842 the onsen crude pushing higher up at a 7 year high up by 1.3% 86 53 for a barrel of WTI Among the companies reporting earnings after the closing bell Alcoa united discover financial and Kinder Morgan Briefly sources tell Bloomberg PepsiCo and beyond meat are planning a vegan jerky snack This is the first product in their joint venture I'm Charlie pellet That is a Bloomberg business flash Thank you so much for that update Charlie pellet It's three 48 on Wall Street The following is an editorial from Bloomberg opinion The recent hostage crisis at a Texas synagogue is a reminder that anti semitism is a growing threat The idea that lawmakers would block any efforts to fight it is shameful Yet that's arguably what Senate Republicans are doing In July Joe Biden nominated the renowned Holocaust scholar Deborah lipstadt to helm the State Department's office for combating anti semitism Her nomination has remained stalled ever since Republicans on the foreign relations committee appear peaked by a tweet lip stat wrote in March criticizing a senator in their party But lip stant is no mere partisan having tried it lawmakers on the left as well as the right and no one doubts her qualifications an author of 6 books on anti semitism and the Holocaust She would bring unparalleled expertise and gravitas to the position Republicans have delayed long enough They should let lipstick nomination move to a vote This editorial was written by the Bloomberg opinion editorial board I'm David chipley For more Bloomberg opinion please go to Bloomberg dot com slash opinion or OPI go on the Bloomberg terminal This has been Bloomberg opinion.

Charlie pellet Ten Europe bell Alcoa united discover fin Bloomberg PepsiCo Kinder Morgan Deborah lipstadt office for combating anti semi foreign relations committee Bloomberg stant Joe Biden State Department Texas Senate David chipley
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 6 months ago

"charlie pellet" Discussed on Bloomberg Radio New York

"Is a Bloomberg business flash Thank you so much for that update Charlie pellet It's three 48 on Wall Street The following is an editorial from Bloomberg opinion In the years since the January 6th attack on the U.S. capitol the government has responded better than might have been expected Law enforcement agencies have charged at least 700 participants Congressional investigators have interviewed hundreds of witnesses In federal courts have resisted efforts by former president Donald Trump to deny Congress access to documents and testimony Such progress shows the resilience of America's democratic institutions It also underscores the need for the House select committee investigating the attack to quickly complete its inquiry Its chair representative Benny Thompson has said the panel only plans to release interim findings by the summer That risks extending the probe deep into 2022 The committee should instead complete its work and issue an unredacted public report well ahead of the November midterm elections The rest will be up to the voters This editorial was written by the Bloomberg opinion editorial board I'm David chipley For more Bloomberg opinion please go to Bloomberg dot com slash opinion or OPI and go on the Bloomberg terminal These has been Bloomberg opinion Yeah but you let me drive Oh no no no no This is not a toy Honey please I'll do the bride Drive on Smells great I want to try it It's a question for tribes This is the drive to the club On Bloomberg radio All right just about ten minutes left in today's trading session and.

Charlie pellet House select committee Bloomberg Benny Thompson America Donald Trump David chipley Congress government Bloomberg radio
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:31 min | 7 months ago

"charlie pellet" Discussed on Bloomberg Radio New York

"All right Charlie pellet thank you so much We appreciate that FedEx news does not surprise me There's a million packages in my lobby every day So they gotta be running full out there Let's switch gears talk global energy We've got WTI a little bit lower today at $71 20 cents a barrel That supply demand situation out there driving this commodity What's winning the day Regina mayor principle global sector head of energy at KPMG joins us So Regina as we look out to 2022 boy I'm seeing widely divergent calls on crude oil anything from a $120 a barrel to $40 a barrel How do you view the energy markets looking out to next year We view them as being extremely volatile And I think that volatility will continue to be what drives the overall sentiment And that shows in those ranges Paul that you just discussed On the one hand we know supplies constrained We're at seasonal lows that are we haven't seen over 7 years but at the same we had increasing demand Now we have a cron and concerns about COVID and what the pandemic has in store for the world We're having lockdowns and shutdowns So while we thought demand was going to increase the IEA has just issued a report that lowers their 2021 average global demand by 300,000 barrels per day So with very uncertain demand and constrained supply that leads to these ranges and the market impacts Because WTI is down $15 from its high just a month or so ago How much of this what happens in the oil market is going to be predicated on whatever OPEC plus decides to do whether they decide to continue with production production hikes to hold until there's more certainty around the variant I mean do they really hold all the cards here Not really anymore I see their influence waning because they are largely at a point where a lot of their supply is in the market already And while there is perhaps a little bit of incremental supply that they can continue to put into the market the word on the street is that their supplies constrained as well So regardless of what they decide to do I think there's a physical reality of how much they can really produce and that's what's driving the sentiment today Regina let's talk about the shale folks in Texas and Houston It just seems like in the past whenever oil moved higher our good friends in Texas and Oklahoma would start drilling holes but I haven't told this time is different that they're gonna have some discipline How do you view it That is the word on the street call discipline And Houston I'm here in Houston and the Permian is practically in my backyard The public is focused on the public companies and the CEOs are focused on free cash flow and returns and they are committed to retaining those promises that they've made to the market So there's no Willy nilly We're all rushing out to go drill some more wells We do see rig counts up I think they're up 7 over the last week They're 70% up year over year but they're still down 24% against the pre-pandemic level And let's be clear even if you do drill a hole today it doesn't mean that oil is there tomorrow It still takes time for these assets to develop and then be produced So we're not going to see shale running to the rescue I do think we'll see incremental improvement but it's not going to be anything to fill The potential gap is the man resurgence post to a Macron Well let's talk about gaps in demand and look at Europe and the energy shortage there and how volatile natural gas prices have been I mean today was prices actually coming in because Russia said hey we got you How long do you think that that kind of volatility will persist I think it's a volatility we'll see for the next two to 5 years at least we're racing into the energy transition And we don't have the supply and demand balance that we need to have So in Houston we're talking a lot about chaos And that the fact that the chaos will intensify as we try to transition what we need to focus on is energy security and energy affordability I think right now the UK is burning more natural gas in coal because the wind isn't blowing And we don't have the storage and capability of using the renewables for a much larger percentage because we need that sustainability of energy supply So I think it's going to stay pretty chaotic for at least the near term future Avery Jane thanks so much for joining us We really appreciate chatting with you getting the latest on the global energy story supply demand that's kind of the key issues that investors are really trying to get their handles on here at Gina May or principal global sector head of energy for KP MG and you know to me Kaley it's always been or it just seems like it's been over the last several years What's your call on demand And that's going to be called on the thing because the supply seems pretty fixed you know And so it comes down to demand side model Yeah absolutely And I think that's a huge question hanging over the oil market right now looking at the variant You already have travel restrictions in place that can affect jet fuel If people aren't commuting if more people are working from home there could be potential ripple effects and I guess the question is how sensitive will oil markets still be to those developments Almost two years into a pandemic and will it actually be the demand hit we saw previously in previous waves Yeah absolutely And it appears as in Regina was saying that the shale producers who was always been kind of a variable they're holding pretty firm here in terms of not increasing production Right now let's head down to Washington.

Charlie pellet Houston Regina let KPMG IEA Regina FedEx OPEC Texas Paul Avery Jane Oklahoma
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:36 min | 9 months ago

"charlie pellet" Discussed on Bloomberg Radio New York

"Bitcoin and what it's done over the last few weeks I can't tell you it's a value but I won't tell you that you should short it because it's likely to be higher in the coming months Minded went on to say that 70% of cryptocurrencies are garbage and will go away comparing the interest in cryptos to the dotcom boom of the late 1990s Meanwhile Bitcoin making a run at its record high of just what 65 or 65,000 dollars at the moment trading on actually we got Bitcoin on 64,194 Well after the bell we heard from Netflix the company posted its strongest subscriber growth of the year Now this reflects the popularity of squid game the breakout drama from South Korea Let's get more now from Bloomberg's Charlie pellet The company added 4.38 million subscribers in the third quarter exceeding projections of 3.72 million Netflix says it expects to sign up 8.5 million customers in the final three months of this year compared with Wall Street estimates of 8.32 million September's busy program slate changed the course of the year for Netflix about a 142 million member households started watching squid game making it the most viewed new show in Netflix history The company is on pace to add more than 18 million customers this year though that is the least since 2016 In New York Charlie pellet Bloomberg daybreak Asia All right just going three 15 in the afternoon in San Francisco.

Bitcoin Netflix South Korea Bloomberg Charlie pellet New York Asia San Francisco
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:34 min | 9 months ago

"charlie pellet" Discussed on Bloomberg Radio New York

"A barrel on WTI So again recapping a Netflix beat SP up 33 up 7 tenths I'm Charlie pellet That is a Bloomberg business flash All right let's get to we've got a great guest And we're going to get a great perspective on what investors who have lots of money to put to work are most interested Let's get right to it with Julian Salisbury Global head of Goldman Sachs asset management with us on site at the milken global conference How are you Great thank you So the environment People eager to put money up a lot of things going on Look we are in a record fundraising environment a record capital deployment environment and a record environment for monetizations from the same portfolios So it's overwhelming the amount of money that is coming into the investment space at large If you look at alternatives just the top 5 listed alternative managers raised over a 153 billion last quarter 440 billion of dry powder That's two X the amount of dry powder that existed 5 years ago That being said what that may seem overwhelming and concerning to some extent the magnitude of the opportunity is also growing substantially if you look at explain that in terms of the options that are out there So first of all if you just look at M and a activity we just had a $1.6 trillion quarter of remedy The biggest quarter ever that's 5 consecutive quarters of north of a trillion I just did a panel with global heads of city and Deutsche and they said we're on track for like 4.1 globally and they think it could be 5 trillion And if you look at the share of that that's being prosecuted by sponsors I mean last year 31%.

Charlie pellet Julian Salisbury Netflix Goldman Sachs Deutsche
Facebook Revenue Rises 48%, Driven by Higher-Priced Ads

Bloomberg Daybreak: Asia

00:49 sec | 1 year ago

Facebook Revenue Rises 48%, Driven by Higher-Priced Ads

"After the Bell Quarterly sales jumped 48% that number by the way, far above estimates the stock in late trading popped and let's get the story from Bloomberg's Charlie Pellet. Facebook saw strong demand from retailers and other advertisers seeking to grab attention from the social networks billions of users. Revenue climbed to $26.2 billion that dwarf the $23.7 billion average estimate of analysts, according to data compiled by Bloomberg. Facebook, also reported 2.85 billion monthly active users arise of 10%. Analysts projected 2.83 billion. Facebook, which also owns Instagram, and WHATS APP, has seen a surge in use of its platforms for at home entertainment on keeping up with loved ones. While people have been stuck in lockdown in New York, Charlie

Charlie Pellet Bloomberg Facebook Instagram New York Charlie
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:11 min | 1 year ago

"charlie pellet" Discussed on Bloomberg Radio New York

"Food chain. They claim independent tests confirmed the tuna sandwich was made from anything but tuna. I'm Brian shook And I'm Charlie Pellets at Bloomberg World headquarters are losing week is behind us. It is onto the trading month of February. SMP this week down by 3.3%. Mike Wilson is chief US equity strategist at Morgan Stanley. We're still at the beginning of a new economic cycle. We're still You know, in a very highly liquid environment, and we have a new bull market, so you don't want to get too cute. You do want to be careful with things that extraordinarily overpriced it would have been saying from lunch. And really use this as an opportunity to buy some of those things, perhaps lever to the re opening that you missed, perhaps over the last three months. Well, what about the next three months and indeed the outlook for the year? In terms of the economic backdrop, George Bori is fixed income specialist that Wells Fargo Asset Management. There's a little bit of positive a little bit of negative, but on the whole, the positives are outweighing the negatives and so the economy is expected to continue to improve. We know the cove. It's our biggest challenge. On. It's really a battle between kind of vaccinations and permutations of the of the virus, and we do believe that the vaccination schedule will ultimately prevail. And today we got government data on the household finances. With that story, Here's Bloomberg's Vinny del Jude Ice Consumer spending dropped for the second month in a row in December while pandemic relief $900 billion worth. Boosted income late in the month that government aid could help bolster spending an early 2021 throughout the pandemic. There's been very little inflationary pressure in December was no exception, based on price data tied to the incoming spending report. Any doubt you die. Spielberg Radio the S and P 500 Index fell. 73 points down. 1.9% the Dow down 620 down. 2% NASDAQ Down 266 a drop of 2% global use 24 hours a day on air and don Bloomberg quick take power by more than 2700 journalists and Alice in more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This is Bloomberg.

Bloomberg Bloomberg World US don Bloomberg Mike Wilson Charlie Pellets Charlie Pellet Wells Fargo Asset Management Morgan Stanley George Bori Alice
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 1 year ago

"charlie pellet" Discussed on Bloomberg Radio New York

"I'm Charlie Pellet 13 minutes to go ahead of the closing bell. We have got the Dow, the S and P nez tank all advancing big question. Will we see another day of records across the board? Let's head right over to the first word breaking news desk for today's afternoon call, And here he is, Bill Moloney. And good afternoon show. That's right U. S stocks in the green today as an as that once again outperforms downs currently up, 59 point says if he's gay nine, NASDAQ is higher by 100. He was 10 years old at 1.1%. Gold is down three. It looks like Intel's reporting right now supposed to be out after the close a dollar 50 to estimate was a dollar 11. Back to the report here. Transport sink 200 points in among the main 11 SP sectors, leaders were taking consumer discretionary energon materials led to the downside leaders to the upside the Dow Apple and Intel while Chevron fell 3% and led to the downside after earnings, Union Pacific fell 4%. Com and papal hit record highs and Bitcoin fellas Muchas 11.3% in Deal News co star and Warburg is said to compete to buy court logic and wrapping things up IBM and seeking both report after the bell. Live from the first to make a new stats. Combo. Maloney, Charlie. Okay, I think around much bill into here, Live breaking news on your Bloomberg Don't forget to type Squawk s q U A W K on your terminal, Bill Moloney mentioned Intel. Intel shares surging right now on that early release of earnings will take apart the numbers for you, but right now we do have Intel shares. Surging 9%. I'm Charlie public. That is the Bloomberg business Flash.

Intel Bill Moloney Charlie Pellet Bloomberg Dow Warburg Chevron Maloney U. S Union Pacific IBM Apple
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:31 min | 1 year ago

"charlie pellet" Discussed on Bloomberg Radio New York

"Assessment roll released by the Department of Finance. The city has set a value of $1.3 trillion for its more than one million properties for the fiscal year beginning in July. Real estate taxes are the largest contributor to New York City's revenue and the primary source of funds that back it's approximately 40 billion of outstanding General obligation bonds. Charlie Pellet Bloomberg Radio. Apple has begun early work on an iPhone with a foldable screen, a potential rival to similar devices from Samsung and others. All that, according to a person familiar with the work, who asked not to be identified. Discussing private matters. Wall Street dropped again Friday to close out its first losing week in three this after reports showing the pandemic is deepening the hole for the economy as Washington prepares to throw it another lifeline. Dan Morris, chief market strategist at BNP Parable, as that management says the pandemic remains the biggest risk. Who gains on Wall Street. Unfortunately, we have plenty of distressing news there. So at some point, it accumulates sufficiently to the point where people start to rethink their forecast either burnings of her t v P. That could be something that would likely cause things to turn around at least briefly. S and P 500 fell 1.5% this week Global news 24 hours a day on air and on Bloomberg. Quick take powered by more than 2700 journalists and analysts and more than 120 countries. I'm Susanna Palmer. This is Bloomberg. This is the business of sports from Bloomberg Radio. Well, thanks.

Bloomberg Bloomberg Radio Charlie Pellet Department of Finance New York City Susanna Palmer Samsung Dan Morris Washington Apple
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:00 min | 1 year ago

"charlie pellet" Discussed on Bloomberg Radio New York

"Investigation continues, but the danger appears to be over. Investigators say there is no further threat to Nashville after an explosion rocked the downtown area yesterday morning. Nashville Metro Police chief John Drake says bomb dogs have swept the city and they haven't found any other bombs. He says 40 buildings were damaged by the blast. Coronavirus cases have surpassed 80 million worldwide. Johns Hopkins University reports at least 1,750,000 people have died from the disease. A deadlock over a funding bill could lead to a government shutdown. The federal government is headed toward a partial shutdown Tuesday unless Congress passes a funding bill. President Trump has refused to sign a $2.3 trillion spending package, claiming it doesn't do enough to help struggling Americans. That's the latest I'm Cameron Fairchild. And I'm Susanna Palmer in the Bloomberg newsroom governor Andrew Cuomo was said in a tweet today that New York state's new cases slowed and total hospitalizations fell slightly, as did the statewide positive test rate. But several areas including Long Island, and the regions around Albany and eerie are getting hit harder than state averages. Another 122 people died in New York State in the latest figures. 1/10 consecutive day with fatalities above 100, New Jersey has had about his many cases in December as it did from May through October. The months telly is already a record. The state reported 4000 cases yesterday, bringing the New Jersey total so far this month to about 117,000 for perspective from May 1st October 31st it reported 119,000. Economists are divided about where the economy is going in the first part of 2021 Lindsay Piegza is chief economist at Steven. She sees some clouds on the horizon. I do think there's enough strength in October November to carry the fourth quarter and keep us in positive territory, albeit low, single digit. But when we turn the corner into 2021 right now, we are looking for Returned back into negative territory as of the first quarter. Citigroup is planning to increase the bonus pool for its fixed income traders who are said to pose their best performance in more than a decade more from Bloomberg's Charlie Pellet sources say the overall bonus pool for traders who deal in fixed income currencies and commodities is likely to increase at least 10%. While the pool for equities traitors will probably be left unchanged. Banks. Fixed income trading revenue is expected to jump 34% this year to $17.3 billion, according to estimates compiled by Bloomberg putting it on track for the best performance since 2009 Charlie Pellet Bloomberg radio. Global news 24 hours a day on air and on Bloomberg Quick take powered by more than 2700, journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg Broadcasting Live.

Bloomberg Charlie Pellet Bloomberg Susanna Palmer Nashville New York New Jersey John Drake Johns Hopkins University federal government Lindsay Piegza Long Island Cameron Fairchild Charlie Pellet Andrew Cuomo Metro Police Citigroup chief economist President Trump
Oracle Moves Headquarters to Texas

Masters in Business

00:27 sec | 1 year ago

Oracle Moves Headquarters to Texas

"Moved its headquarters to Texas from its home state of California. More on that from Bloomberg's Charlie Pellet. Oracle says it will give employees more flexibility on where they do their jobs. In a regulatory filing, Oracle said the move to Austin from Redwood City quote means that many of our employees can choose their office location. As well as continued to work from home part time or all of the time. Charlie Pellet, Bloomberg Radio.

Charlie Pellet Oracle Bloomberg Texas California Redwood City Austin Bloomberg Radio
Nasdaq closes down nearly 2% as tech sector weighs on stock market

Bloomberg Businessweek

01:16 min | 1 year ago

Nasdaq closes down nearly 2% as tech sector weighs on stock market

"A sell off in some of the world's biggest technology companies weighed heavily on the equity market, dragging down stocks amid dimming prospects for fresh stimulus. Today. The S and P 500 Index dropped 29 points down 8/10 of 1% the Dow Down 105 down 4/10 NASDAQ tumbled 243 down 1.9% the NASDAQ 100 Index halting its winning streak down 2.1% tenured on 5 30 seconds 10 Year Yield 100.93% Hold down $31 the ounce down 1.7% 18 38 West Texas Intermediate Crude up 1/10 of 1% 45 66 a barrel Hypo Watch a Seat three. A. I think that's the software maker founded by former Oracle executive Tom Siebel up 120% of its trading debut from the price and it's $651 Million. AIPO and shares of unprofitable food delivery platform door Dash surged 85% in their trading debut today. And the latest sign of investor exuberance. And what has already been a record here for I pose again recapping equities lower with the S and P 500 Index down 29 down 8/10 of 1%. I'm Charlie Pellet that his a Bloomberg

Tom Siebel Aipo West Texas Oracle Charlie Pellet Bloomberg
Toll Brothers' Home Sales Rise as Buyers Seek More Space

Bloomberg Daybreak

00:42 sec | 1 year ago

Toll Brothers' Home Sales Rise as Buyers Seek More Space

"The home builder reported better than expected order growth. Last quarter. Here with more is Bloomberg's Charlie Pellet. It is a sign that home buyers rushing to the suburbs join the pandemic are fueling a boom in luxury sales, the builder said. Purchase contracts for the three months through October jumped 68% from a year earlier to 3407. The average estimate of analysts surveyed by Bloomberg was 3237 orders were the highest for any quarter in the company's history. CEO Doug here, Lee said in a statement. Quote. We are currently experiencing the strongest housing market I have seen in my 30 years. A toll brothers Charlie fell it. Bloomberg Daybreak. All right,

Charlie Pellet Bloomberg Ceo Doug LEE Charlie
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:32 min | 1 year ago

"charlie pellet" Discussed on Bloomberg Radio New York

"And I'm Susanna Palmer In the Bloomberg News Room. More than one million people flew through US domestic airports yesterday. The second highest daily totals is the Corona virus pandemic hit last spring, this even as officials warn against travel around the Thanksgiving holiday. Airline passengers still lags substantially behind normal levels. But data posted by the Transportation Security Administration showed that at least some people are bugging suggestions. They stay at home in light of the rapid growth of the cove in 19 infections. We're hearing, Fed Governor Layla Brainard has slipped from among top contenders for Treasury secretary under Joe Biden. Our source says Brainard, a favorite for the post before the election, has had no contact with Biden's transition team since he won With Brainard Sod slipping, chances are increasing that the president elect could turn to former Federal Reserve Chair Janet Yellen to lead the Treasury Department. China has resisted giving a date for when the Boeing 7 37 Max can return to service in the biggest market for the jet after the U. S. Regulators lifted a 20 month, grounding more from Bloomberg's Charlie Pellet, According to a report from China's central television, The Civil Aviation Administration of China has stuck to its stance that there is no clear timetable for when the plane could make. You could come back, according to CCTV, the authorities said it's three criteria that need to be met before the jet can return to the skies remain unchanged Last week. The F A a clear the Max is returned of the skies with an extensive package of fixes, including software changes to a system linked to fatal crashes and maintenance procedures. Charlie Pellets, Bloomberg Radio. Keeping an eye out for people who are parked illegally could lead to some cash. If a new bill before the city Council becomes law, Fox five New York reports that proposed bill would give whistleblowers $25 of each ticket issued as a result of people reporting it Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700, journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg. Welcome. The Bloomberg opinion on Bloomberg Radio. Bring you news comments and insights from Bloomberg opinions worldwide team of editors and columnists. I'm your host. June Grasso this week. Why Trumpism is really just a one man brand. Also on the show. Winter is coming, and it's time for a new hobby. Plus how college football putting out smart the Corona virus. But first big box retailers posted earnings earlier this week, and the.

Bloomberg Bloomberg Radio Susanna Palmer Governor Layla Brainard Joe Biden US China Transportation Security Admini Civil Aviation Administration Charlie Pellets CCTV Charlie Pellet Janet Yellen Federal Reserve June Grasso Treasury Department New York
Dow ends down over 167 points as stocks retreat from records

Bloomberg Businessweek

00:41 sec | 1 year ago

Dow ends down over 167 points as stocks retreat from records

"Today on Wall Street stocks eased off their records as investor focus shifted to the surgeon cases. Along with new lockdown measures, including it'll annoy that overshadowed optimism that covert 19 vaccines will eventually and the pandemic s and P 500 index down 17 a drop Today of 5/10 of 1% the Dow Down 167 down 6/10 of 1% and NASDAQ fell 24 points lower by 2/10 of 1% Tenure up 14 30 seconds. 10 Year Yield 100.85% Gold down 4/10 of 1% 18 80, the on Sam, West Texas intermediate crude. Lower little changed out two cents. 41 32 a barrel. I'm Charlie Pellet.

Charlie Pellet
Stocks making the biggest moves after hours: Alphabet, Twitter, Facebook, Apple, and Amazon

Bloomberg Daybreak

01:39 min | 1 year ago

Stocks making the biggest moves after hours: Alphabet, Twitter, Facebook, Apple, and Amazon

"Here's a Facebook are down two and a third percent. The social media company warns of significant uncertainty next year, citing unpredictable online spending trends and regulatory challenges. That's over shadowing third quarter results, which blew past estimates. Debra Aho Williamson is principal analyst Edie Marketer Facebook's audience and then the number of users is substantial. It's ad targeting is incredible advertisers at the same time they tell me that they are concerned about the atmosphere of Facebook. They also say pretty much in the same breath that they can't live without Facebook. Facebook said it saw an unusual decline in U. S and Canadian users in the quarter, though it did see growth overseas Shares of Twitter or down more than 16% in early trading. The company says it added a million new daily users in the third quarter. That was fewer than forecast dashing optimism that Twitter would reap benefits from a return of live sports and the coming election. On the flip side Shares of alphabet around more than 5.5% in the premarket. The parent company, a. Google returned to strong growth in the third quarter after a decline in the fryer period and here with more on the results, Bloomberg's Charlie Pellet, the quarter was fuelled by digital advertising that has rebounded along with the U. S economy. The Google parents reported third quarter revenue minus the cost of distribution deals for its search engine was up 15% to $38 billion. While that was slower than the pace of growth a year ago, it marked a turnaround from the previous quarters drop. YouTube, the fastest growing part of Google's at business brought in $5 billion.32 percent more than

Edie Marketer Facebook Debra Aho Williamson Twitter Google Youtube Charlie Pellet Bloomberg Principal U. S Analyst
Thursday's Bloomberg Business Flash

Bloomberg Markets

01:24 min | 1 year ago

Thursday's Bloomberg Business Flash

"Take This is a Bloomberg Business World Headquarters. I'm Charlie Pellet. Apple shares little changed after ours. Apple reported quarterly results that topped Wall Street estimates. The record sales of Maxim Services made up for a delayed iPhone 12 launch China revenue, however slumped. The company gave no forecast for the key holiday quarter. Amazon projected a steep jump in sales in the current quarter, topping analyst estimates. Amazon shares trading lower now by roughly 1% Facebook posted up better than projected gain in third quarter revenue, indicating that a major advertiser boycott of the social network had limited impact against the backdrop of a broader revival of spending on digital marketing. Facebook shares up now by roughly 1%. Also out after the closing bell alphabet. It returned to growth in the third quarter after a decline in the previous period. Alphabet chairs surging now by 7%. It was an update on Wall Street with the Dow, the S and P and NASDAQ all rebounding from yesterday's route s and P Up. 39 up. 1.2% the Dow off 139 5/10 of 1%. NASDAQ Up. 180 UP by 1.6% 10 Year Down 17 30 seconds 10 Year Yield 100.82% Gold down 5/10 of 1% 18 60 70 ounce West Texas Intermediate crew down 3.5%. 36 await a barrel. I'm Charlie Pellet. That is a Bloomberg business Flash.

Charlie Pellet Bloomberg Business World Headq Amazon Apple Facebook Bloomberg Maxim Services West Texas Intermediate China Analyst
Nasdaq soars as tech stocks lead a market rally

Bloomberg Markets

01:02 min | 1 year ago

Nasdaq soars as tech stocks lead a market rally

"S and P and NASDAQ up the highest in almost six weeks amid a rally in tech companies, as Paul mentioned traders awaiting earnings from banks. And news on a fresh round of economic stimulus. Let's get right to the numbers because stocks are flying on this Monday here with the S and P up 67. That was a gain of just about 2%. Now of 316 up 1.1% in the year to date column on the Bloomberg looking at a Dow up so far this year by 1.3% To put that in context so year to date, the S and P ease up 9.7%. While NASDAQ is surging by 33% so far this year today, NASDAQ adding on another 353 points up by 3%. We've got gold down 4/10 of 1% lower by $8 an ounce of 1922 west Texas Intermediate Crew down 2.5% 39 59 Bottom line Text of the standouts Briefly apple up 6.6%. Amazon up 6% Twitter up now by 5.7%. I'm Charlie Pellet. That's of Bloomberg. Business Flash. All right, Charlie. Thank you. So

Charlie Pellet Bloomberg West Texas Intermediate Crew Paul Twitter Amazon
CFA Schedule Is Disrupted Again With December Exams Canceled

Bloomberg Daybreak

00:45 sec | 1 year ago

CFA Schedule Is Disrupted Again With December Exams Canceled

"CF candidates are going to have to wait a little longer to take their tests. The CF a institute is canceling December exams in 37 locations around the world. We get that story from Bloomberg's Charlie Pellet December dates for the chartered financial analyst exam have been scrubbed in 13 cities. Including New York, San Francisco and Chicago, as well as 11 in India. The institute says it may announce additional postponements in coming weeks. The move again disrupts the plans of test takers, hoping to earn a CF a credential, bypassing all three levels of the most challenging test in finance. The institute had earlier postponed its joon exam. Candidates will be able to reschedule for dates in 2021 Charlie

Financial Analyst Bloomberg New York India San Francisco Chicago
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:48 min | 1 year ago

"charlie pellet" Discussed on Bloomberg Radio New York

"From Bloomberg World. Hank Waters. I'm Charlie Pellets are special coverage continues of President Trump's covert 19 diagnosis and treatment. The president is now at Walter Reed National Military Medical Center to be treated overcoming days for covert 19, signaling growing concern about the severity of his illness after leaving the White House this evening by helicopter. President tweet of the video in which he said quote. I think I'm doing very well. We're going to make sure things work out. He also said the first lady is doing very well. Marine One landed near the military hospital, Trump was driven to the large complex. White House officials say the visit is precautionary and that the president will be working from the hospital's presidential suite. Which is equipped to allow him to continue his official duties in business. Regeneron Pharmaceuticals has found itself in the spotlight after the president was treated with the company's experimental antibody treatment for covert 19. Just days after the unveiling of promising preliminary trial results. It was a down day on Wall Street as investors focused on the president's treatment, as well as the jobs report with that story, Here's Bloomberg's Vinny Del Giudice. It's a sign the economy is leaving without a Corona virus vaccine afresh. Government aid payroll growth was cut in half in September, with the economy would covering just 661,000 jobs. Unemployment felt a 7.9% of people quit the labor force. Major job cuts it airlines and blue chip signal trouble ahead with an 11. Million people are currently collecting unemployment. Any doubt you die. Spielberg Radio s and P 500 Index down. 32 Points down. 1% The Dow down 5/10 of 1%. NASDAQ Down 2.2%. Charlie Pellet, Bloomberg TV and radio..

president Trump President Bloomberg World Walter Reed National Military Charlie Pellets Bloomberg TV Regeneron Pharmaceuticals Hank Waters Bloomberg Charlie Pellet Vinny Del Giudice White House Spielberg Radio official
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:10 min | 1 year ago

"charlie pellet" Discussed on Bloomberg Radio New York

"In 1965 before serving in Vietnam War. I'm at matins. And I'm Susanna Palmer in the Bloomberg newsroom Law enforcement intercepted a package addressed to President Donald Trump earlier this week that contained the poison rice and that's according to CNN sighting. Two unidentified law enforcement officials. The FBI and the Secret Service are investigating the incident. All mail sent to the White House is sorted and screened off site before it's delivered. President Donald Trump says he's approved oracles bid for the U. S operations of TIC Tac in concept a deal forced by the president's orders last month, declaring the popular video sharing up Was a national security threat. I have given the deal my blessing, Trump told reporters today as he left the White House for a campaign rally in North Carolina. The Chinese government has to sign off on the transaction for it to go forward. Saudi Arabia is warning to OPEC plus cheaters and short sellers alike helped oil prices stage their biggest weekly rally since June. More on that from Bloomberg's Charlie Pellet Futures rose 10% last week following a show of determination by Saudi Arabia, the most influential nation in the Organization of Petroleum Exporting Countries to defend the market. Saudis hinted they are prepared for new production cuts and blasted OPEC plus members that have cheated on production quotas. Charlie Pellet Bloomberg Radio. Nymex crude was last quoted at 41 11 a barrel at the start of the week. The empty announced there would be $50 fines for transit riders refusing to wear a mask. By Friday afternoon, according to the Gotham ist, the agency announced that empty a police and bridge and tunnel officers had issued zero tickets. New York will start enforcing its ban on single use plastic bags. The band, which took effect March, 1st was not enforced earlier because of a lawsuit brought against the state by an association of New York City Bodega owners, a Bronx grocer and a plastic bag maker. But it will be starting October 19th Global News 24 hours a day on air and on Bloomberg Quick take powered by more than 2700, journalists and analysts in more than 120 countries. I'm Susanna Palmer, This is Bloomberg. This's Bloomberg BusinessWeek.

Bloomberg President Donald Trump Saudi Arabia OPEC Susanna Palmer White House Charlie Pellet New York Nymex president FBI TIC Tac CNN North Carolina Chinese government Secret Service Gotham
U.S. Tech Stocks Decline in Worst Week Since March: Markets Wrap

Bloomberg Businessweek

01:00 min | 1 year ago

U.S. Tech Stocks Decline in Worst Week Since March: Markets Wrap

"US stocks ended up volatile session today. Major averages were mixed. Declines in tech shares continued after a five month rally came to a halt last week as 10 P 500 Index Little Change today up by one point, ending the week heading into the weekend of 33 40. By less than 1/10 of 1% s and P By the way, positive on the year by 3.4% the Dow Up 131 points up by 5/10 of 1% NASDAQ fell 66 points lower by 6/10 of 1% for the week. By the way, NASDAQ was down 4% Thie SNP this week Down, 2.5% Down down by 1.7% 10 Year Yield 100.66% Gold down 2/10 of 1% 1941 the arms. And West Texas Intermediate crude little changed 37 31 barrel. It was also a losing week for crude. W T I this week down by 6.1% recapping volatile Friday Be up a point by about 1/10 of 1%. I'm Charlie Pellet. That's a Bloomberg business

Charlie Pellet West Texas Intermediate United States Bloomberg
The Dow gains 293 points Wednesday, reclaiming the 29,000 level

Bloomberg Businessweek

01:05 min | 1 year ago

The Dow gains 293 points Wednesday, reclaiming the 29,000 level

"The virus first, Let's get to Charlie Pellet update on trade. Hey, Charlie. Well, hello there, Jason Kelly and happy Wednesday to you. Both. The Federal Reserve says the U. S economy showed signs of progress, but Continue to struggle amid the ongoing Corona virus pandemic and it's beige Book report Police 31 minutes ago. The feds said quote economic activity increased among most districts, but gains were generally modest and activity remain well below levels prior to the cova 19 pandemic. Equities are higher is the nearly relentless rally in risk assets continues supported by dovish comments from policymakers, the S and P 500 index is up. 39 points up 1.1%. Downs of 292 up 1% NASDAQ Holding Above 24,017 up, 77 points up by about 7/10 of 1%. 10 Year up 6 30 seconds. The yield 300.64% gold is down 1.5% now to 1940 ounce West Texas Intermediate crude is tumbling 3.1% of barrel of our

Charlie Pellet Federal Reserve Jason Kelly Cova West Texas Intermediate U. S
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 2 years ago

"charlie pellet" Discussed on Bloomberg Radio New York

"In the Bloomberg News Room. Ah hot weekend is bearing down on the New York City area. Bloomberg meteorologist Scott Kaplan says the high near 88 today and 95 tomorrow and the humidity will make it feel. Way worse. Bridgewater Associates, the world's biggest hedge fund firm, says it's planning job cuts. More employees working from home and new technologies are changing the types of people it needs to serve clients. Meanwhile, Bridgewater Associates, former co chief executive officer, Eileen Murray is ramping up her feud with the firm. She accuses Bridgewater of threatening to withhold her deferred compensation because she went public with gender discrimination allegations. Apple has told US employees they can take many as four hours off with pay on Election Day to vote or volunteer at a polling place more from Bloomberg's Charlie Pellet. The policy applies to retail employees and hourly workers and a similar to moves made by other companies, including Twitter and Uber. It was announced in a memo to Apple employees seem by Bloomberg News, Deirdre O'Brien, Apple senior VP of retail and people told staff quote for retail team members and hourly workers across the company. If you're scheduled to work this election day will be providing upto four hours of paid time off if you need it to get to the polls. Charlie felt Bloomberg radio be worried. That is what some analysts are telling you when it comes to the economy and the current state of affairs. Megan Green is a senior fellow at the Harvard Kennedy School. The economic data isn't looking great. And, of course, PPP money is running out. If people don't get beefed up unemployment insurance is going to be a huge cash cliff, So I think we do need to be worried about the economy. Ah little piece of normalcy returned to New York City as the Bronx Zoo officially opened to the general public yesterday. Brock's who had been closed for months because of the pandemic. Global news, 24 hours a day on air and on Bloomberg Quick take powered by more than 2700 journalists and analysts and more than 120 countries. I'm Susanna Palmer. This is Bloomberg. Is Bloomberg long, complicated.

Bloomberg Bridgewater Associates Bloomberg News New York City Apple Charlie Pellet US Scott Kaplan Bridgewater Eileen Murray Twitter Susanna Palmer Harvard Kennedy School Bronx Zoo Megan Green chief executive officer senior VP senior fellow
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:05 min | 2 years ago

"charlie pellet" Discussed on Bloomberg Radio New York

"Johnson and I'm Charlie Pellets and Bloomberg World Headquarters. Down Friday and a losing week for the U. S. Stock market Stocks fell for a second day as investors grew anxious about rising tensions with China along with a potential stalling of the economic recovery. Mueller Richardson is investments matter just that Edward Jones, there is a acknowledgement that the economic recovery will be on even on then you add a diplomatic Rising tensions between the U. S in China. That is a context for a risk sentiment today and Chris Harvey is head of equity strategy at Wells Fargo Securities. We would hope that you only invested in this appointment, you're not fully invested. This would not be a great time to really Buying your uber cafs and really put on it. At this juncture, we'd be in a little bit more cautious. Intel shares plunged today. After earnings on the conference call CEO Bob Swan spent almost an hour Discussing an idea that would have once been unthinkable for the world's largest semiconductor company, and that is not manufacturing its own chips. Swan spoke today with Bloomberg Television and radio. We talked yesterday about 20% higher demand for our 10 nanometer products and we intend to Spadaro in the year so we're delivering on the products in 2020 We expect to deliver on 21. We expected the liver on 22 we also expect to Iran 2023 Intel was down 16.2%. The S and P 500 index fell 20 points, down 6/10 of 1% for the week, down 3/10 of 1%. The Dow down 182 down seven tense. NASDAQ down 98 down nine tense Global news 24 hours a day on air and on Bloomberg quick take power by more than 2700 journalists and analysts and more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This's.

Bloomberg Bloomberg World Headquarters CEO Bob Swan Intel Bloomberg Television China Mueller Richardson Charlie Pellet Charlie Pellets Wells Fargo Securities Edward Jones Chris Harvey Spadaro Johnson Iran
"charlie pellet" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:06 min | 2 years ago

"charlie pellet" Discussed on Bloomberg Radio New York

"And I'm Charlie Pellet at Bloomberg World headquarters. It was a mixed Friday for the U. S stock market. But another winning week for the S and P 500 index up three in a row. Stocks advanced in thin trading as investors digested the week's initial burst of corporate earnings. Economic data and Corona virus News. Lauren Goodwin is multi asset portfolio manager of New York life insurance When I look at positioning in the marketplace, not just high valuations, but how Investors are position. I see very low conviction about the path forward, and it's not necessarily that risk for investors is higher than it's ever been. It's just that But uncertainty is profound. And Brian Levin, his senior investments, marriages that Invesco Advisers, you know, obviously we're all monitoring mobility. We're all monitoring reopening. I think if those things turn you will have volatilities in markets, we should be expect uncertainty to lead the volatility, A gauge of America's economic outlook has taken a turn for the worse and with that story, Here's Bloomberg's Vinny Del Giudice, the University of Michigan's nationwide consumer sentiment index is full. Ling is the pandemic barrels through Texas, Florida and other states. July's dropped reversed most of the prior months. Cane. It's a troubling sign for the economy and demonstrates how the Corona virus controls our daily lives. An extra $600 unemployment aid is about to run out. Any Del Giudice Bloomberg radio sources tell Bloomberg CBL Associates Properties the owner of more than 100 shopping malls across the country, is preparing to file for bankruptcy stocks mixed SNP, up nine, up 3/10 of 1%. NASDAQ up 29 also up three tents, and the Dow fell 62 down 2/10 of 1%. Global two used 24 hours a day on air and on Bloomberg Quick, take power by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This is master's in business with very rich holds on Bloomberg Radio..

Bloomberg Del Giudice Bloomberg Bloomberg World Bloomberg Quick Bloomberg Radio Charlie Pellet Bloomberg CBL Associates Prope Vinny Del Giudice Lauren Goodwin Brian Levin U. S portfolio manager New York University of Michigan Ling America
Facebook May Suspend All Political Ads Before 2020 Election

Masters in Business

00:35 sec | 2 years ago

Facebook May Suspend All Political Ads Before 2020 Election

"Familiar with the company's thinking say Facebook is considering imposing a ban on political ads on its social network in the days leading up to the November election. A story from Bloomberg's Charlie Pellet. Those sources say the potential ban is still only being discussed on has not yet been finalized. The halt on ads could serve as a defense against misleading election related content spreading widely right now a CZ people prepared to vote. Still, there are also concerns that are not blackout could hurt. Get out the vote campaigns or limited candidatesability to respond widely to breaking news or new information. Charlie Donald Bloomberg Radio.

Charlie Donald Bloomberg Charlie Pellet Bloomberg Facebook
Cameo now lets you book 10-minute Zoom calls with celebrities

San Diego's Morning News with Ted and LaDona

00:56 sec | 2 years ago

Cameo now lets you book 10-minute Zoom calls with celebrities

"People pay celebrities, entertainers, musicians. And influencers to record messages for them. Now the service is expanding into live Zoom calls. Every single athlete actor celebrity at the core is really a gig. Economy work, Stephen Go. Llinas is co founder and CEO of the biggest things Get Paper Game. Musicians get paid per show. Stand up Comedians Get Paper Act, which raises the question of how much should it cost for a 10 minute zoom call and our celebrities setting the right price. We have price for their talent. Modern and almost these Tom slick, like in real estate, where they can see people that are similar statue. Maybe teammates of theirs on a sports team are a similar calibre musician and another band. A 10 minute zoom call with comedian Gilbert Gottfried was recently listed for $150 while actor Charlie Sheen was going for $500. I'm Charlie Pellet. Bloomberg Radio. Radio.

Charlie Pellet Charlie Sheen Tom Slick Gilbert Gottfried Stephen Go Bloomberg CEO Llinas Co Founder
US designates 4 Chinese media outlets as 'foreign missions,' a step that could force some of their journalists to leave

Bloomberg Daybreak: Asia

00:43 sec | 2 years ago

US designates 4 Chinese media outlets as 'foreign missions,' a step that could force some of their journalists to leave

"Well, the U. S has designated form or Chinese media companies as foreign missions We get more from Bloomberg's Charlie Pellet. The president is doubling down on a strategy aimed at calling attention to President Ji Jin ping's increasingly restrictive controls over news organizations. The State Department's foreign mission designation means reporters in the US for the four news organizations will essentially be treated as Chinese government diplomats. With requirements of their employers to tell their numbers and identities. It also imposes constraints on visas and acquiring property. The media outlets covered were China Central Television, the People's Daily China News Service and the Global

President Ji Jin Ping China Central Television Charlie Pellet President Trump Bloomberg State Department United States U. S