marco marelli is the new ceo, former bank of america banker.he chairman has resigned as well. morelli's appointment will be effective september 20. the chairman resigning as well. quick note on apple shares -- thanks to julie hyman for pointing this out. apple shares are coming off their highs as verizon, one of the providers here, says that iphone preorders are in the normal range. the strength in apple shares coming off a little bit here, off the best levels of the session. previously, the strength was attributed to comments from t-mobile and sprint regarding record high presale figures for the iphone 7. verizon saying it so far is within wrong role range. let's get you to the "bloomberg business flash ," the biggest business stories right now. miller -- sabhey miller assets valued at $6 million, according to people familiar with the matter. they are speaking with potential advisors about a bid. the process could start next month. united parcel service is planning to hire 95,000 seasonal workers to handle the holiday rush, about the same as t

and naming marco marelli chairman. and massive mode resigned unexpectedly. s cfo until 2010. this is the bank close to the edge of collapse, a lot more to learn about what is really going on at the top of this bank, no doubt. it has been five weeks some the bank of england deliver a strong response to brexit than many had forecast. today conn's makers are having to assess whether the outlook worries a change of strategy. manus, you have a guest with analysis. manus: we have come in the. we have ross walker joining us, from rbs joining us now. thanks for coming down today. look, five weeks ago some said they took a sledgehammer to what looks like not such a bad economy and the moment. what would your response be to the accusation? ross: not yet three months since the brexit vote so to paraphrase, churchill, this might be the beginning of a beginning. it is far too early to draw definitive conclusions, and frankly some of the commentary around the post-brexit data that we shrugged off the risk, is borderline unhinged. this is a very different shock to say the f

has named marco marelli to be the ceo.resigned in an unexpected move and we are .oined from bank of america the moves come as italy's third-largest bank is struggling to avoid a bailout. buyer in monsanto have been quick to reassure regulators about regulatory approval. the comments come after the company agreed to a deal, the biggest of the year, and the largest ever take over by a german company. the ceo says they are taking steps to ensure they get the go-ahead. >> regulatory challenges have been discussed intensively as part of our negotiations and beyond. we have both had very large teams of our own people, antitrust counsel, looking at it jointly to assess how big the regulatory challenges might be. haidi: nokia ceo says he will waste no time in pushing through a merger. he told bloomberg he has learned from billions of dollars loss and complicated deals. >> the immigration is going really well. fearf the things has been of private business so we have made all those decisions in the first 90 days. in thebeen going on