Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it.

I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and

I'm going to explore the lessons we can learn when creativity and ambition collide

with competition and power.

Listen to Crash Course every Tuesday on the IHeartRadio app, Apple Podcasts,

or wherever you get your podcasts.

Broadcasting live to New York to New York, Bloomberg 11th Rios, to Washington DC,

Bloomberg 99-1, to Boston, Bloomberg 12-100 to San Francisco, Bloomberg 960, to the country,

Sirius XM Channel 119, and around the globe, the Bloomberg Radio Plus App at Bloomberg.

This is Bloomberg Surveillance.

Good morning at 730 on Wall Street. I'm Michael McKee, along with Tom Keene, two hours

until we start trading today and looks at the moment like we're going to be up again.

Stocks higher around the world.

Some of the corporate news that are pushing stocks higher, Alibaba, in discussions with

banks for a loan of as much as $4 billion, the Wall Street Journal

says they would use the money to fund expansion plans.

Hilton Worldwide Holdings is going to continue to pursue spin-offs of its hotel properties.

Now it wants to spin off its time-share business into a reet to boost shareholder value.

The lawyers for Apple have filed their response to the Justice Department.

They say that the FBI is seeking a quote dangerous power that would undermine the basic security and privacy interests

of hundreds of millions of individuals around the globe.

The FBI wants Apple to unlock the iPhone used by one of the attackers who killed 14 people in California in December.

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