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July 16, 2024
Livermo livermore. Back by the coast, were dropping down to 81 in San Francisco and 85 in mill valley. The good news, tomorrow we drop off a little bit, and then just in time for the weekend, im following a storm system that will help cool us down even more. Well have full details on that coming up in several hits this hour. Ill see you next at 6 19 tonight. Looking forward to it. Thank you very much, jeff. A lot of relieved homeowners in south san jose right now after manufacturers knocked down...
July 16, 2024
And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promo...
July 16, 2024
Investors around the world are heading for safe haven assets amid worries about the global economy. The us china trade war and uncertainty over brexit are just some of the factors weighing on markets. And thats led to volatile trading in many markets around the world. Over the past nine months the price of gold has shot up dramatically rising more than 300 per ounce. But its notjust gold. Over the same period German Government debt from europes traditional power house economy has been a magnet f...
July 16, 2024
Company has a plan b. And the cost of being cool. A former executive testifies the Company Fired as many as 100,000 workers in recent years in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Our top story of the week, apple earnings. The tech giant forecasting revenues that topped analyst estimates, seeing a surge in services, which now contribute to a fifth of total sales. Apple also reported the iphone represented ...
July 16, 2024
If need be, but get ready for things to get messy if he tries to. First, our top story, u. S. Another deepng selloff, surging as massive signs of an economic global slowdown stoke fears of a recession. And be tech driving the losses. Amazon and microsoft deep into the red. President trump rekindled the trade war with china at the start of august. The s p 500 down 1 intraday for 11 straight sessions and is now down six are sent from the july record. 6 from the july record. We are joined by an exp...
July 16, 2024
Theres probably a 40 chance of a recession. Eurozone bond yields hit fresh record lows as the ecbs olly renn signals the bank is ready to hit a significant someti stimulus package. And hong kong prepares for more protests. Good morning its friday. We made it to the end of the week its been a volatile week for markets. Mostly in fixed income space but also u. S. Equities yesterday, looking at the u. S. Equity close, you would think it was a muted session. The dow was eking a gain of 0. 4 s p slig...
July 16, 2024
Day. And in july the economy added 164,000 new jobs, Unemployment Holding at 3. 7 percent, just off of a halfcentury low. More americans employed than ever before. 63 Percent Labor force Participation Rate and wages gaining more than three percent over the past year. It is no wonder that more voters view the economy positively today. Then they have an almost 2 decades. Nor is it any wonder that President Trumps Approval Rating on the economy has risen since may. Now at 52 percent. And to begin w...
July 16, 2024
The uk has recorded its second hottest day ever, with temperatures reaching over 38 degrees in cambridge. Forecasters are warning the heat could lead to heavy rain in some areas. Now on bbc news live to singapore for Asia Business report. Prime push heads and was on. It shares fall as earnings disappoint. And amazon and getting paid to play video games. We start with amazon as shares have fallen after its earnings disappointed investors. Revenues for the three month to the end ofjune came in at ...
July 16, 2024
A big focus for both companies, turning a profit. We will break it down. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs the ride hailer will eventually become profitable. Did uber succeed . I asked our guests. We see multiple ways that management can move towards p...
July 16, 2024
Android, and when that decision will come, so we have to make preparations for our products. We will evaluate our strategy for the overseas market. If we are not able to use android for our new smartphones, we have the ability to develop our own operating system and ecosystem, which would become the basis of our services to the customers. Tom give us a sense how fundamentally you have had to change your supply chain to mitigate these pressures . Have you completed those changes, or are there mor...