GE’s `Black Hole’ Grows, Apple Revamps IPad, Rometty Risks Reputation on Red Hat Deal

Jim Corridore, Equity Analyst at CFRA Research, and Karen Ubelhart, Bloomberg Intelligence Industrials Analyst, discuss General Electric plunging the most in three years after the company disclosed an expanded federal accounting probe and worsening troubles at its ailing power business. Mark Gurman, Bloomberg News Tech Reporter, breaks down Apple’s announcement that it’s giving the iPad the most extensive upgrade since 2015. Lisa Ellis, Senior Equity Analyst at MoffettNathanson, and Bloomberg News Tech Reporter Gerrit De Vynck, talk about IBM CEO Ginni Rometty staking her legacy on the $33 billion acquisition of Red Hat. Tom Orlik, Bloomberg Economics Chief Economist, explains how major economies could suffer if the U.S.-China trade war intensifies. And we Drive to the Close of the market with Janelle Woodward, President of Fixed Income at BMO Global Asset Management. 

Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan 

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