Renewed china trade optimism set to fuel further gains of the open retails big week and the tariff impact into the holidays. Best buy, dicks, dollar tree, abercrombie among the retailers reporting today. And ford challenging tesla to a apples to apples tug of war between pickups and elon musk says bring it on three major indices saw record closes, top trade negotiators from the u. S. And China Holding a phone call earlier this morning the two sides continue to work toward a phase one trade agreement. Trade rep lighthizer, mnuchin, both participated in that call and both sides agree to remain in contact over remaining issues on twitter, you said the phone call last night was very important in terms of furthering a deal yeah. It is real ive been skeptical. This was a real call phase one probably happens Financial Services get opened up president may believe that intellectual property is for real that instead of just a soybean buy, a promise to they would respect intellectual property. Do
The head of the library of congress who testified before the senate rules and Administration Committee on modernizing library on efforts to digitizing secure documents and to describe the public would have more access to the collections. She was going to buy the Copyright Office director and bernard bartend the chief Information Officer of the library. Only a committee to the library i think that is particularly helpful you could be here with us today as well as a member of the Committee Said shes here as the committee and also on these topics particularly valuable in the roles of appropriating we have been having with the library, with the smithsonian, the architect of the capitol these kind of oversight hearings to fulfill that responsibility and be sure that we are giving the agencies that help they need. We are glad to be here of course with the library and doctor carla hayden and the librarys chief Information Officer and the register of copyrights. Thank you all for being here to
Good morning, this hear is cool called to order. I want to welcome all the witnesses and thank you for your thoughtful, written testimony and looking forward to your oral tangherlini. Id ask my written Opening Statement be entered into the record. I want to make a couple comments. About really kind of what i want to see the goal of this hearing to be. Its similar to the the goal of every hearing is a base account problem solving process. This committee under my chairmanship developed a a Mission Statement to enhance the National Security of america to promote more effective and accountable government. The reason im pointing it out today is i cant think of a hearing that that Mission Statement is more applicable to. When we Start Talking about 5g were talking about the Economic Opportunity and the National Security risks. In order to take advantage of that and avoid the National Security risks. We need more effective government to step up to the plate to compete against what unfortunate
Only a committee to the library i think that is particularly helpful you could be here with us today as well as a member of the Committee Said shes here as the committee and also on these topics particularly valuable in the roles of appropriating we have been having with the library, with the smithsonian, the architect of the capitol these kind of oversight hearings to fulfill that responsibility and be sure that we are giving the agencies that help they need. We are glad to be here of course with the library and doctor carla hayden and the librarys chief Information Officer and the register of copyrights. Thank you all for being here today. I think we want to talk primarily at least i want to talk primarily about modernization. We had a chance at the last meeting to talk about the ideas of how to make a labor even more of an experience for people who visit. I think we want to talk today about how the modernization of the ailments are coming together and all of the services or being be
Considers a doordash considers a listing instead of an ipo. We will hear from qualcomm Ceo Steve Mollenkopf on the race to 5g. Climbing to a record even as the dow sank following disappointing reports from retailers. Some big tech names leading the way on nasdaq were facebook, broadcom, and tesla. Reports that u. S. And chinese negotiators may link the size of tariff rollbacks to terms set during talks in may. I went head over to new york where Bloomberg Cross asset reporter Sarah Ponczek is standing by. Are we ignoring the trade headlines . Sarah i dont know if we are completely ignoring the trade headlines, at least the good ones. That the u. S. Is softening its stance, that did engage in negative outlook. , ae a day like yesterday bureau chief from cnbc noted that the tone in china is pessimistic. They were unfortunately seeing that the u. S. Was not going to rollback those tariffs. Focused on stimulating their economy. 500 Information Technology index hit a new high, apple hit a. T