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caroline: i am caroline hyde in for emily chang and this is "bloomberg technology." u.s. officials pause the j&j vaccine after six women develop rare blood clotting. plus, we are getting a coinbase direct listing reference price set at $250. that price, ahead of its debut. we will talk to an investor who wrote one of the first company checks. we will get his perspective on where this is headed. and, another big step in ride-hailing. a deal to run driverless taxis in dubai. we will get details from the ceo. these stories in a moment. first, record highs, let's go to ed ludlow with the latest. of course, coinbase's 250 reference price. >> i guess the story of the day was inflation, what inflation? not enough to worry investors that we will see any meaningful change in monetary or fiscal policy. we saw fresh records. the s&p 500 up by 0.3%. tech shares leading the way in the nasdaq. tech heavy index up by more than 1%. still some weakness in semiconductors. u.s. 10 year yield a little bit lower. a fresh record for the nasdaq 100 for the first time since february 16. if you l

♪ caroline: from bloomberg's world headquarters in new york and from london, i'm caroline hyde.oe: i'm joe weisenthal. caroline: romaine bostick is off today, but let's take a look at yields doing nothing, but the dollar is set to go higher, joe. joe: the question is, what'd you miss? caroline: we were telling you about the strong economic recovery, the gdp number, and that number globally is uneven. the eurozone tipped into a double-dip recession in the first quarter and while the data highlighting the cost of the slow covid vaccination effort that has left britain lagging behind the united states, and things like lumber, semiconductors, we are hearing repeatedly of earnings calls. let's dig into technology a little more, with chips and big tech names. amazon at a record high at one point today. joe: i was joking earlier in the week that the analyst community seems to not have done a good job estimating how strong corporate earnings were going to be. i was right. there is no joke at all. massive's. the most record beats ever. 90% of s&p 500 firms beating their estimates. the fl

. ♪ caroline: welcome back to "bloomberg technology," en caroline hyde in london sitting in for emilyhang. let's get the latest news from ed ludlow. ed: in india, softbank has invested $450 million in bangalore food delivery startup, amazing because in india it is such a crowd field. even more extraordinary, if you flip board, look at the details, a $5.5 billion valuation that came less than a week after the company raised 800 million dollars u.s. from a stellar list of private-market investors. they have ground for new unicorns in india, and it is incredible, the capital going into the country at a time when the economy is still ravaged by covid-19. i wanted to spot like that because it is something we should look at further. we need to keep talking about quick now -- about crypto and about mainstream investors piling in. a well-known hedge fund internationally according to sources is going to invest its main fund into cryptocurrency, betting that the value of the digital assets will rise. it is an interesting play on the back of a record year for its main fund last year, where it ex

caroline: i am caroline hyde in london in for emily chang. this is bloomberg technology. bold words for bezos. he looks at his legacy, and some recommendations for how to treat the hundreds of thousands of company employees. a vaccination passport. some want to require it others including states like florida have banned it. in crypto validation. one day after a big debut, we hear from the crypto council of innovation. what he thinks about cryptocurrency going forward including legal and policy questions. this story in a moment. u.s. stocks jumped record highs amid signs of economic recovery. we are looking through all the data. take it away. >> green on the screen. tech outperforming. the nasdaq 100 actually ending at record highs once again. a big part of that was apple's gains. helping those major contributors. you know apple is the big heavyweight. you also saw gains in the semi conductor index. up a whopping 1.8 percent. this comes right in the heels of semi conductors saying the chip shortage, those guys should continue into -- should continue into 2022. we all want

see what we're up to at xfinity.com/commitment caroline: this is bloomberg technology, i'm caroline hydeon in for emily chang. with get back to the story of the hour, tesla out with his first quarter earning profits. revenue in line with projections. traders, once more, ed ludlow could you comment. >> the story is tesla's getting better and more efficient at building electric vehicles. the rate at which it has cut costs outpaces the way -- the rate that it has in china in the third quarter. that helps to boost margin when average selling prices were falling. all the things going on around the world, the factory in berlin and in austin will come online by year end. tesla was able to mitigate the impacts of the global semiconductor shortage by shift -- wishing suppliers and recoding software to match the chips from the new suppliers. as you point out, shares are lower because the delivery numbers of a hundred 85 thousand in the first months were so strong, expectations were high. the beat was pretty significant. what investors wanted to see, maybe we will hear more about that during the ca

caroline: why?arry: the pc revolution was about eighth of -- about a fringe set of people saying they wanted it. they wanted a pc on every desk in every home. it took the vision of bill gates to bring that about. apple had to create the iphone to bring about the smartphone. for each of these revolutions, you need sort of a cornerstone company to attract capital, to bring together the world's best product people, software engineers, designers. i think that is why we are talking about coinbase today. brian was able to be that sort of magnet for that talent. there are very few people, shockingly few people in the world who are capable of building something like that. caroline: a lot of the valuation, institutional money wants to get exposure to crypto in an equity-like fashion or perhaps a blue-chip-like fashion. what does coinbase's obvious relationship to bitcoin and the like going to do for it? how will it educate that it can do well amid volatility? garry: one of the things i have learned over the

caroline: i am caroline hyde. joe: i am joe weisenthal. caroline: the s&p 500 at a record high. automobiles dragging us lower on-chip concerns. are higher. joe: the question is "what'd you miss?" caroline: today, marking president biden's first 100 day in the office. gdp accelerating in the first quarter after a rush of consumer spending. 6.4%. talking of consumer spending, amazon earnings after the bell, back on the growth focus. the company reporting a bullish forecast. we will still be using it post-pandemic. we would dig into the economy and president biden's plan, but first, amazon blowing us away. joe: even though there is no pandemic, people are still shopping online. once again, the wall street analysts missing. consistently undershooting. q2 net sales for amazon beating estimates. it is basically everything. aws. eps, just crushed it. you know the drill. the stock is up. so, let's welcome our reporter. the big companies doing very well. this one is extraordinary. >> absolutely. it is in line with what we saw this week, google, facebook, apple, but amazon was the one com

caroline. it congratulations, cambridge. caroline. , . ., caroline.roline. it is historic race, and i'm not sure it will be _ caroline. it is historic race, and i'm not sure it will be greeted i caroline. it is historic race, and i i'm not sure it will be greeted with such rapture as the first fa cup final with fans in the stadium, but a good day and well done to them. and the first female empire as well, tony. and the first female empire as well, ton . , . , ., tony. great news. i have lived in this country _ tony. great news. i have lived in this country for _ tony. great news. i have lived in this country for 20 _ tony. great news. i have lived in this country for 20 years - tony. great news. i have lived in this country for 20 years and - tony. great news. i have lived in this country for 20 years and i i tony. great news. i have lived in i this country for 20 years and i have never— this country for 20 years and i have never understood the boat race or why people take it so seriously or why people take it so seriously or why the _ why people take

caroline: what about the technology supporting that.gence finally coming to bear within your industry. how do you think it will be maintained? how will it be improved when we see those changes? clara: you take something like service client voice that launched last november and is our fastest growing product, and it takes these real-time call transcriptions from the customer. and as the customers talking, it's helping the service agent look things up in real time. so it's this real-time ai assist the way that many of us would use alexa or siri at home. we are now putting that in the hands of service agents, whether they work out large companies or small companies. caroline: anything that did not work, or you saw and put into practice in did not want to be used in the same way? clara: there has been a lot of lessons and learnings. going back to the call center example, when the agents got stuck in the old world, they would just turn to their neighbor or supervisor and have them come talk to them. they can't do that anymore in this remote

caroline: i am caroline hyde. joe: i and joe weisenthal. romaine: let's get you to the day. bonds and stocks get bought. joe: "what'd you miss?" "what'd you miss?" caroline: a supercharge recovery driving those gains. u.s. retail sales and jobless claims outlining data that surpassed forecast. a 10% increase in retail in march, the second largest gain going back to 1992. manufacturing coming back. the gauge improved to the strongest reading since 1973. thank you, philadelphia. meanwhile, there is a housing boom. soaring lumber prices. the market reaction, like everything rose. joe: s&p 500. 10 year treasuries rose. the yield was down. small caps. everything rallied. romaine: let's wonderful. joe: coinbase didn't rally. let's bring in our cross asset reported. the only thing weirder is treasuries. they rallied after a slew of data. what did your sources say? >> it was a weird day in bonds. i have a few theories. this doesn't feel fundamental. the data told the same story. the first theory is we got data over not showing japanese buyers bought the most overseas bonds on a week

caroline: ok. certainly liked the early headlines. >> they also talk to numbers in the quarter. things look pretty good for them. caroline: always nice when you get a little bit of a quarterly update. fantastic to get air voice on these things. -- to get your voice on these things. such interesting takes you get the research from him. that does it for this edition of bloomberg technology. tomorrow, i will be joined by marsha blackburn of tennessee. we will also be joined by gary tan. we continued to preview wednesday's coinbase listing. stay happy and healthy. this is bloomberg. ♪ haidi: good morning and welcome to daybreak australia. we are coming down to asia's major market open. shery: good evening from bloomberg's world headquarters in new york. haidi: the zero top stories this hour. a bloomberg scooper reveals the u.s. will hold off on naming china as the currency manipulator. it allows the biden administration to sidestep a fresh clash with beijing.

caroline: from bloomberg world headquarters in new york and london, i am caroline hyde. joe: i am joe weisenthal. romaine: i am romaine bostick for a little bit of a rally but not enough to finish the day higher. caroline: the rally, all-time high above $10,000 for copper, on my london metal exchange. bullish investors are swarming. vaccine rollouts, claimant pledges. a global recovery elsewhere from this pandemic bringing higher costs not just for copper but for all kinds of raw materials. this is also a high bar for earnings. certainly, when you look at the evaluations, where we have come from. alphabet being able to really jump over that are and of course share buybacks. joe: i am beginning to think that some of these companies have seen their stocks do really well because they are making a lot of money. alphabet surging over 4%. microsoft also making money. it has had a great run, down 3%. breast down 9 -- pinterest down 9%. amd chips continue to be on fire. romaine: almost everything we had today actually beat. it is interesting how the market reaction diverges base

caroline: revenue and profits.l us more, you said it is the second-biggest to the linked in deal. $20 billion means nothing in comparison to the company's cash. it can certainly afford it, but what does it speak to in terms of the overall m&a playbook? reporter: microsoft is a massive company. it takes a lot to move the needle. they have been attacking different areas in m&a. earlier this year, there were reports they were looking at a 50 billion plus deal looking at pinterest. they have been looking at the audio chat and apps. they have a huge corporate development team looking at all of microsoft's big areas whether it is xbox, or cloud computing , or the windows platform to see what companies can fit in. it is true. $20 billion deal for microsoft is not that big but it is second-largest. caroline: it is also wonderful when you have a 23% premium coming your way. talk to us about nuance in general. they have been working behind the scenes. why now? nuance has been around for a while. reporter: nuance is a company

caroline: do you member that super bowl at this year? romaine: i don't. caroline: the only one?- oatly. the guy is winning. romaine: are you an o.a.t. milk person? caroline: one day i am an o.a.t. person, what makes a i'm a salt soy person -- soy person. if it's not overpriced, i will buy it. anchor: i feel like everybody is drinking oatley. romaine: opera is on board with this. jay-z. a lot of slavers are on this. caroline: jay-z? i'm all in. stick with us. this is bloomberg. ♪ caroline: the news, soccer football super late. making waves also on wall street. while not every investor can pronounce it, they can buy into how it treated today and some of the key big players them out of been a part of it. doing pretty well. anchor: if you are a shareholder and one of these teams joining the sibley, it may be about the money and you can see that in shares of some of the teams. you ventas, one of the publicly traded teams. up 18%. manchester united which is treated in the u.s., rallied 70 -- 7%. actively managing the round hill mvp etf was offered investors the world of professional s

caroline: from bloomberg's world headquarters in new york and here in london, i am caroline hyde. romaine: let's look at where the markets ended on the day. coming off yesterday's record high rally, stocks taking a breather with the s&p, dow, and nasdaq down slightly on the day. caroline: optimism remains abound. stimulus, surging vaccinations that biden was just speaking about, all of this has helped drive higher. stock prices going to new records even in europe, playing catch-up with the record highs here on the day. particularly the jobs numbers have many on wall street off guard. they have to try their hand at forecasting new variables. the black unemployment rate, the fed's focus on broad-based economic recovery at long last, some might say. data, analysis, an added bonus for crypto. first of all, the data, it was good. joe: pretty good signs of the data. the jolt, which measures job openings. job openings surging, which fits with anecdotal evidence we are getting. there you see the actual numbers. job openings exploding higher. even with all the optimism, catching people by

♪ caroline: from bloomberg's world headquarters in new york and from here in london, i'm caroline hydejoe: i'm joe weisenthal. romaine: and i'm romaine bostick. the s&p 500's weeks a record high. -- 500 squeaks to a record high. joe: the question is, "what'd you miss?" caroline: tesla growing production, but was that priced in? the u.s. also seems to be in the driver's seat when it comes to its economy with another manufacturing today beating forecasts and economists keeping an eye on inflation and maybe they should given that we have seen increasing prices today in wheat, soybeans, corn, what we all live off. before we dig into the economic side of the equation, let's start with tesla. what we anticipated? joe: more or less. i think the fed needs to cut rates, the average selling price of a tesla fell a bit this quarter and if that is our new inflation basket, maybe we should see some deflation there. despite the eps with a modest selloff. romaine: don't forget about the big bitcoin purchase that they made, saying that they made $100 million from selling some of that. joe: what are th

caroline: from bloomberg's world headquarters in new york and here in london, i am caroline hyde. romaine: let's take a look at where we stand in financial markets. the s&p 500 and nasdaq 100 closed at a record high. joe: the question is, "what'd you miss?" caroline: we are on an eve of a milestone for the markets. more mainstream acceptance and access to cryptocurrencies. coinbase ready to go public tomorrow. the future is different when it comes to spac's. now facing a bit of a roadblock as u.s. regulators look to crack down on accounting rules. let's start with spac's. joe: so many companies went to the spac round. it is easier, faster, may be a little less scrutiny. but they have not been doing so well. if we look at the greenhorn line, after crushing debt, it has faded lately, looking pretty weak. there are some regulatory issues but also just markets. romaine: also some concerns i guess about the ownership structure. joe: joining us with more, bloomberg deals reporter. there are a lot of moving parts to this story. there is the market performance of companies that have gone

caroline: is it sustainable? is it the fact that we are buying ipads for our homeschooling, for home working. are we going to do that for post-covid life? >> i think there is clearly an element of benefit from work and learn from home. as we look over the next two or three years, what is going to become more apparent is technology is becoming more critical to our lives. we are going to have product cycles. i think when we look at the innovative products, this integration of hardware, software and services to deliver a compelling user experience, that is what is going to be the -- what is going to be critical. there is still going to be volatility. we think it is an interesting story here. joe: i am looking again at some of these line items. mac revenue, 9.1 billion. a huge beat. at one point, there is this anxiety that apple is a one trick pony. that it is still dependent on one product. when you look at the ipad numbers crushing estimates, services growing fast, it looks like there is an exhilaration that is bro

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did caroline: i am caroline hyde. joe: i am joe weisenthal. romaine: joe, repeat after me, a record high on the s&p 500. caroline: china joined the u.s. in both the economic numbers that suggest global recovery is on its way. manufacturing rising more than expected. vaccines aiding recovery with the u.s. saying today it has administered 200 doses -- 200 million doses. this will help regulators investigate the dangerous blood clots. the astrazeneca and johnson & johnson shots are enough to give us pause but --joe, let us start with a surprise in these moves in treasuries. joe: i thought you were going to talk about dogecoin. treasuries moved? there is also the treasury market happening, that is right. even with good momentum, we did see people buying treasury lately which we do not usually see. for years it went long and now short. a lot of weird stuff going on and something going on in positioning might explain why treasuries got this big. romaine: they were reporting on the short squeeze, -- the cayman islands. joe: let us bring in reporter k

caroline: steve matthews, love the point.oming up, the federal reserve and vice chair telling bloomberg policymakers are looking for hard numbers on whether they are reaching their goals on price stability. we will take a look back and also, new york times bestseller. that is next. this is bloomberg. ♪ caroline: today, we got joseph second favorite inflation number, ppi. -- joseph second favorite inflation number, ppi -- joe's second favorite inflation number, ppi. joe: i love ppi and i regret ever having suggested that i did not care about producer prices because they have been picking up, highest since 2011. we all know about these base effects. fastest growth since 2011 this morning. big question is, will they stay true to the consumer? also, wooden pallet prices picking up a lot, the highest since 1993. joining us, zach carter, author of the bestseller, the price of peace. thank you for joining us. in your book, you talk about the episode of hyperinflation. the question on everyone's mind is when you see wooden pallet pri

caroline: amazing reporting.nce-in-a-lifetime for you on the first time we have seen at and we love that your breaking it with us. thank you and go and read her story on the terminal and online. the other side of the story, not everyone is winning. goldman has been teaming up with rent reporting platform to create more equal access to housing. next, more on the partnership that willefits to resis of goldman properties nationwide. stay with us for that interview. this is bloomberg. ♪ caroline: we have been talking about skyrocketing home sales and builders doing well, and those selling houses doing well. but not everyone is in this booming housing element. joining us to look at inequality going on, if you are a renter and those in the lower income bracket, the cofounder of a fintech company reporting rental data to build tenants' credit scores. along with the global head of sustainability and asset management at goldman sachs. how goldman is working to build this partnership to get people's credit scores more tran

caroline: interesting. the fed's kashkari weighing in today as well.e had a great discussion earlier in the week about getting they had around the unemployment rate around various rates as well and factoring that in two when the fed moves. >> i see plenty of slack in the labor market. what my team did was go through sector by sector in the labor market and look at if all of this slack, those eight point 5 million jobs, were concentrated in obvious sectors like restaurant workers, hotel workers, high touch services that were hit most seriously by the pandemic, or if it was more broad-based. certainly, restaurants, leisure, hospitality dominate. in fact, the vast majority of sectors are still operating from below pre-pandemic levels, so that speaks to really broad-based slack in the economy, and that means that while we will see some signs of inflation pressure. for their, shortages of goods as the economy reopens, it need not be a wage price type of spiral. the last time the economy was in a deep recession and suddenly sprang out of that recession, that

caroline: so passe. romaine: bloomberg technology is next. bloomberg. ♪ s is bloomberg. ♪ so many people are overweight now and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's golo. golo helps with insulin resistance, getting rid of sugar cravings, helps control stress and emotional eating and losing weight. go to golo.com and see how golo can change your life. that's golo.com. ♪ emily: i'm emily chang in san francisco. this is "bloomberg technology." coming up, u.s. stocks climbing to a record amid evidence the economic recovery is gaining momentum. we will check in on tesla after it reported record first quarter deliveries. vaccinations pick up speed in the u.s. variants, still a huge concern. we will get the latest on

caroline: from bloomberg world headquarters in new york and right here in london, i'm caroline hyde. in a few minutes, we will learn the fate of derek chauvin, the former minneapolis police officer who knelt on george floyd's neck for more than nine minutes after the jury have apparently reached a verdict after less than 11 hours of deliberation. floyd was a 46-year-old black man accused of passing counterfeit $20 bill. it started a global discussion about racism across countries, across companies. the country, of course, now braces for the jury's decision. romaine: let's bring in our bloomberg executive legal editor who has been covering the trial for us. there's a lot that we have seen with our very own eyes, but we always know the law does not necessarily work on that same plane here. give us a sense of what the jury has to consider in making a decision today. >> it is interesting you use that phrase all he. that is a must exactly what the -- almost exactly what the prosecution said in their closing arguments yesterday. they said "believe what you see ," referring to the video see

caroline: jill carlson, we love having you on the show.'m going to be watching more come wednesday, thursday, and friday, and about what blockchain does. i wonder if they drift off a little. joe: i will be watching the bitcoin basis spot futures arbitrage there. romaine: are you still doing those charts? where do i subscribe to this newsletter by the way? joe: follow me on twitter. caroline: follow him on twitter. joe: bloomberg technology is next. have a great evening. this is bloomberg. ♪ his is bloomberg. ♪ carolyn: this is bloomberg technology. coming up this ever come of the chip crunch gets a white house hearing. president biden hosts semi conductor and automakers to smooth out supply chain issues. nvidia has its own plan to make server processors. we will have analysis across all

caroline: of course, international was the focus. we note that discussions between japan and the u.s. usually focusing on trade, but this time very much focusing on this issue with china. suga was saying they discuss the taiwan situation with white in particular. he also voiced concerns about human rights. what you think was the takeaway if the chinese were listening into this press conference? anything that would've been concerned about or not? >> maybe not necessarily one comment or another but i think it is symbolic that president biden has chosen his first two in person meetings with foreign leaders to meet with the prime minister of japan and that also coming up later in a few weeks the leader of south korea coming to the white house to meet with joe biden. sending a signal as u.s. president early on that he is going to take the united front or try to with his allies in the region to counter china. if there is any message beijing is going to take away from these meetings that will be a. caroline: i am sure our technology audienc

caroline: is there a difference in prioritization patterns? lot of central banks are primarily focused on inflation. the u.s. has this dual mandate. it becomes a labor market for everyone, not just the few. i am interested as to whether that nuance is something that certain economists are not quite aligned with. paul: i cannot psychoanalyze. it is not just larry summers. the former chief economist of the imf is also concerned we are overdoing it. i would say that parted this question is -- part of this question is there are risks on all sides. which of them do you think our biggest? i was -- i spent months, years shouting into the wind. my sense was they missed it not just economically but they missed a political window by going to small at the beginning. half of it ended up being politically worse. there was a terrible -- we paid a price for many years. we are still paying a price for the underpowered fiscal policy. i am in the go big school. this is an administration doing things the way i would have wanted obama to do it. i am pretty veheme

consent order so i think all of that has to be considered caroline how much are hackers changing their techniques as security advances and how easy a target are social media sites and feeds. well i'm not really sure if i'm the best person to necessarily answer that but one thing i will say is you know actors are often looking for any and all kinds of vulnerabilities be it you know white hat hackers or black out ones you know with with the creation of bug bounties trying to actually find vulnerabilities in terms of fix them that's pretty normal but i think it's important to remember and actually point out the amount of personal data that those will social media platforms collect on people in the amount of data they actually request so for example with facebook facebook was repeatedly requesting people's phone numbers in terms of things like factor authentication so another way for a user to try to add a little more security to their account and then as vice had pointed out those phone numbers ended up being used or were targeted at so i think it's incredibly important to point out that

caroline: in different communities around the country.f the world, our system anomalous, because we do not have a federalized system . each state, each county, each city has their own police force. but looking over the thousands and thousands of differentaw enforcement jurisdictions, yes, reforms are happening. where i live just outside of washington, d.c., the state of maryland is looking at reforming its law enforcement officers bill of rights, which is a rather problematic law that protects officers from accountability. it was a law copied by a lot of other states and a lot of them are now giving ia hardook. but so is washington, d.c., the city having a reform effort derway. the cnty i live in has a reform efforunderway. it is going on all over the country and clearly in minneapolis. >> what do you make a people criticizing these efforts saying that essentially all of these protests, these antiracism protests, protests, protest against police brutality, is rendering policing a toxic profession and maybe in the future, fewer people will

caroline connan in france for the very latest on the lockdown.weden, as i say, awaiting a review on the astrazeneca vaccine. a lot to unpack. christine lagarde basically written -- basically laying down the gauntlet. san, test us if you will. do you think she has done enough to cap bond yields? stephane: yes, i think she has done enough so far. she also mentioned she would be ready to do more if necessary. there was a great confidence on our side that the central bank will help the european economy. as we were just saying before on the new lockdown in france, which is maybe not as dramatic as caroline was saying because closing three weeks of school is actually incorporating a preplanned two-week vacation. it is actually only another week of closing for the school on top of what was expected. the currency situation in europe is not very good. i think the failure of europe is more on the vaccination side. in countries including france, there is a strong willingness from the government to speed up, accelerate the vaccinations and testing. i would n

caroline: is that on the back of a supply-side issue? why the big disconnect?: i smile because it is everything. it starts with supply-side issues. 89% of builders say that that will impact their ability to build. local jurisdictions did not think housing was going to be this hot. the government are scrambling to get permits done, get entitlements done. all we talked about in 2019 was the labor shortage. you will never hear about annette because lumber is taking the front stage. there is a lot of factors working against the builder. joe: does the price of lumber matter at all or is it about whether the builders can bundle it? >> the price of lumber does matter because we are thinking long-term, if you're talking about interest rates going up, you have to be the one that purchases the home at that entire price. i texted with the ceo of one of the biggest homebuilders yesterday and i said what is the workaround? he said there is no workaround, we are just going to try to be a bit more efficient. some builders are trying to warehouse lumber. in a lot of cases, bui

caroline: the automakers specifically.r coming out, some of the truck makers, volvo for example saying they have substantial impacts in terms of the supply chain being hit. we have the likes of voltswagen, you were hearing from the u.s. head, but they have had to idle manufacturing in portugal. they have had plenty of knock on effects in terms of their u.s. production capacity. certainly the automakers. you also have another in the string of people speaking, an auto parts supplier. they are lobbying the likes of the government, asking taiwan 's government, not just its own german government. there are winners. we have chipmakers. they are doing well. the likes of nxp doing well. notably, the chip equipment makers. asml, the biggest customer is tsmc. when tsmc says it will spend $100 billion more on beefing up its own capacity, they are going to win out by it. emily: tsmc, the dominant foundry and based in taiwan. we will talk to peter about that shortly. let's talk about the eu's plan. they have a plan. what is the plan an

caroline, what kind of behemoth does this create?e: it has been seven months of a very intense battle in order to create this new giant that will basically have 37 billion euros in annual revenues, that have plans in everything from drinking water to hazardous waste, and it will also make deals more international increase the footprint of french utility in europe, but also in asia and the americas. if you look at all of the share prices, quite good for both suez today. it is a win-win, some of the uncertainty we have seen in the prices over the past seven months, and bloomberg intelligence saying the end of the battle could benefit u.s. shareholders. paying a premium compared to the initial offer they had. guy: they had to sweeten the deal. how is the deal finally get done? as you and i have said it got nasty. habited finally come together? caroline: viola had to agree to increase the offer. initially they paid 18 euros for a share of suez, 30% belonging to angie. this time they had to pay 20.5 euros to buy the remaining 70%. this ho

when the harrison's moved into the white house caroline harrison continued these art lessons and also invited congressional and cabinet wives to come take lessons from her at the white house. she was so passionate about art that she even proposed the edition of a new wing on the white house to house an art gallery. unfortunately this never happened, but i think it's so interesting to imagine what it would be like if an entire wing of the white house was a gallery next slide. now in particular mrs. harrison loved watercolors china paintings and florals. she even helped to design the harrison white house china service this photograph shows a tea set painted by mrs. harrison featuring orchids, which were her favorite flower mrs. harrison would often go to the white house conservatory a large indoor garden where orchids were grown and get her inspiration while sitting and enjoying the flowers next slide. now here you can see a mahogany box which held mrs. harrison's watercolor supplies. it's in the collection of the benjamin harrison presidential site. and on the right is a sketch of her

and applause >> jimmy: caroline from the greatest city in the world, new york >> yes >> jimmy: caroliney watch one movie for the rest of your life, what would it be >> "legally blonde." [ cheers and applause >> jimmy: you could have said one of my movies but good -- good for you [ laughter ] >> i mean "fever pitch." >> jimmy: yeah, yeah, yeah too late too late [ laughter ] what movie would you be okay with never seeing again? >> um, "boss baby. [ laughter ] >> jimmy: "boss baby"? >> yeah. >> jimmy: why? >> i had a bad experience. [ laughter ] >> jimmy: why? why did -- >> i can't get into it [ laughter ] >> jimmy: oh, my god the cartoon "boss baby"? >> yeah. >> jimmy: okay >> it's a long story [ laughter ] >> jimmy: that's so funny. for this first one, lil nas x's song "montero" is at the top of the charts can we do something a lil nas x vibe quest? >> questlove: okay ♪ ♪ welcome to my job what i said to carolin and she was in a pod lik yo all in together ♪ ♪ legally blond forever ever forever ever oh no you see me with ♪ ♪ jimmy and the that's already old new like cnn i know a lot of pe

caroline, one of the things that's disconcerting right now is these breakthrough infections-- peoplecinated, who are still coming down with covid-19. why is it happening? >> the first thing i would say is that no vaccine is 100%. and so we have to remember that. and what was actually tested in the trials was their ability to stop symptomatic covid. and so, as we all know, there is always a chance for asptomatic infection. and you add onto that the fact that the vaccines are very good, but not 100%. and what that means is just that breakthrough infections are going to occur. and that's expected by everyone. that's not surprising. the part that we are maybe concerned about is those extremely, extremely rare cases where somebody is fully vaccinated, but still gets hospitalized or has severe covid. because one of the hopes for the vaccine was that, you know, even if you do have an infection post-vaccination, it will likely reduce it so you barely have symptoms or you have a cold. that would be a win for us. right? so if every single breakthrough infection was mild or asymptomatic, that'd

caroline davies, bbc news.r you? three. i was sor ! all how many times for you? three. i was sorry! all the — how many times for you? three. i was sorry! all the best _ how many times for you? three. i was sorry! all the best drivers _ how many times for you? three. i was sorry! all the best drivers take - sorry! all the best drivers take three, that is my theory! she made me reverse — three, that is my theory! she made me reverse around _ three, that is my theory! she made me reverse around the _ three, that is my theory! she made me reverse around the curve. - three, that is my theory! she made me reverse around the curve. the i me reverse around the curve. the drivin: me reverse around the curve. the driving examiner? she, yes? and| me reverse around the curve. the | driving examiner? she, yes? and i wasn't actually _ driving examiner? she, yes? and i wasn't actually a _ driving examiner? she, yes? and i wasn't actually a curb. _ driving examiner? she, yes? and i wasn't actually a curb. and - driving examine

caroline simmons stays with us this morning. first a recap of your first word news with simone fox in doha. >> in the u.s., president joe biden is urging americans to get vaccinated. he is pointing to new guidance that people who have been inoculated can socialize outdoors without masks. the changes and rules might help convince people who have been hesitant about getting their shots. according to bloomberg vaccine tracker, 140 million americans had at least one dose of a vaccine. the european commission wants the power to levy fines on foreign state owned companies. the proposed rules seek to answer complaints from european businesses that chinese state backed firms get support they can't match. chinese business groups have complained about the draft which could change before it is set to be proposed next week. google seeing a surge in ad sales as businesses look to capitalize on the economy reopening. first quarter revenue for the parent company alphabet came in at over $45 billion. the firm unveiled a buyback, shares higher i

caroline hawley, bbc news. there are fears that somalia could slip back into civil war.key parts of the capital mogadishu. civilians have been fleeing the area. it follows a weekend of violence between security forces and armed opposition loyalists. the violence was triggered by a controversial extension of the president's mandate — granted to him by the lower house of parliament. the bbc�*s aisha afriah explains. mogadishu is relatively calm. but the effects of last night's heavy fighting are still evident. businesses on the main roads have reopened — although tension remains high in most parts of the city. gunfire on sunday night, government and opposition forces clashed along the kilometre four junction. gunfire and sounds of heavy weapons continued into the evening, disrupting the evening meal to break the fasts. translation: this is | the month of ramadan. it's the month of repentance and seeking god's forgiveness. therefore, standing for prayer and shedding blood at the same time don't go together. some of the city's schools and universities have also dismissed the

caroline shaw, lively fox news. we'll get outdoors this weekend. the offer of free admission to national parks tomorrow and what's not included. ah first no demonstration in the sierra foothills city of class orville the group's protest over removing a noose from the city love. daca a very weather. another of mild spring day were to turn up the heat this weekend, especially inland. we'll have the come experience the grand opening of floor and decor's newest location in pleasant hill! our expansive store is fully equipped with safe distancing guides, so you can browse our wide aisles and be amazed with our even wider selection. or easily order online, and pick up all the products you need for your flooring project curbside! so come discover the perfect floor at the perfect price in whatever way is perfect for you. floor and decor, now open in pleasant hill for safe in-store shopping and curbside pickup. also open in milpitas, burlingame and san leandro. the city's logo. plaster villas, the largest city in eldorado county. its nickname is quote old h

it's hoped the scottish government will follow suit. 0ur transport correspondent caroline davies hasor a covid—safe return. re—carpeted, re—stitched, repainted, restarted, but a way off recovery. uk cruising is returning. for over a year, the uk cruise industry has stopped completely, but despite the fact the ships are tied up here in harbour unable to get out to sea with no passengers, costs have kept rolling in. my guests and the colleagues, they have become like part of my family as well. after 12 years working on fred olsen cruise ships, maria carmen spent last year at home in the philippines. many international staff were not eligible for furlough, and with ships stuck in port, they went home. unfortunately, we had to say goodbye to some really fantastic colleagues as the ships were not moving. and then, of course, starting to plan the re—entry into service, nobody has done anything like this before. it still takes an army of people to keep the ship going. once they have been on board and tested for two weeks, crew form their own bubble with no masks or hi—vis. some have been on

caroline davies, bbc news.sh floods and landslides hit indonesia on sunday. dozens are still missing. officials have warned that the death toll could still rise. the bbc�*s asia editor rebecca henschke reports. torrential rains caused dams to overflow and triggered landslides, wreaking havoc and destruction. residents say they had very little time to save themselves. translation: our house is on the mountains. - we had to dismantle the zinc roof. we went out through the back door and pulled ourselves out with a rope. with the power cut in many regions, people are trying to leave and reach temporary shelters. local officials say there's an urgent need for food, blankets and medicine to provide for people who've lost everything. translation: everything is gone. we only managed to salvage whatever we could save. compared to the possessions, our lives are more important. if we saved the items, we might die. it's better to save ourselves. the remoteness of some of the areas affected and continuing heavy rain mean re

caroline davies, bbc news.s his corruption trial resumed. the veteran political leader faces charges of fraud, breach of trust and bribery. he denies them all. as he appeared in court, his party likud was meeting israel's president, asking for a mandate to form a new government. our correspondent yolande knell has this report. it has been called israel's split screen moment. at thisjerusalem court, benjamin netanyahu beginning his corruption trial in earnest. the prosecution accuses him of accepting expensive gifts from businessmen and offering favours for more positive news coverage. charges he denies. meanwhile, across the city at the president's office, talks start on who should be given the first chance to form a new coalition government after last month's election, israel's fourth in two years. he is known as the great survivor, but this is another day when benjamin netanyahu's personal and political fate lies in the balance. simply put, israel is divided into two camps, those for and against the prime min

caroline hawley, bbc news.o go on to suffer permanent brain damage. dozens of former elite players have joined a study looking into the early warning signs of dementia. some foot walls will also be monitored as part of research by the alzheimer's society. 0ur health editor reports. rugby is a contact sport and this isjust a rugby is a contact sport and this is just a training session. the amateur team preparing to start playing for real as lockdown eases. there are strict protocols to deal with concussion and head injury but in previous decades there was less awareness of the risk. and alzheimer's monitor the brain health of retired top—level players. ben kay will take part, he was part of england's world cup winning team in 2003. $5 of england's world cup winning team in 2003.— of england's world cup winning team in 2003. as someone who will undoubtedly _ team in 2003. as someone who will undoubtedly suffer - team in 2003. as someone who will undoubtedly suffer mild - will undoubtedly suffer mild head trauma w