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June 30, 2024
First to our lead, uber losses widened in the third quarter. The Ride Hailing Service lost almost 1. 5 billion in the period. It all came to light as shareholders reported tuesday night as part of a formal bid from a softbankled consortium looking to buy a large portion of stock. Softbank to get a nice discount. Theres a 30 discount to its last private valuation, coming in at 69 billion. We caught up with someone intimately familiar with ubers inner workings, lane castleman, the managing partner...
June 27, 2024
Temperatures will be climbing into the low 50s later this afternoon, despite it being per on the despite it being on the breezy side. Maybe you still have to work like the rest of us. Nice and dry, cleared to partly cloudy. 40 degrees at 5 00, dropping down to 30 degrees by 9 00. We are not tracking a white christmas, but it will be a little bit wetter part of the holiday weekend. More on the timing of that coming up in 10. Lets see how things are looking on the roadways. Hopefully pretty quiet ...
June 27, 2024
Raise 2 billion. Haidi haidi Oil Producers considering extending cuts. Six nations say more time is needed to train the global glut. Rishaad China Southern confirming a stake sale with American Airlines worth 200 million. Suspended butock should resume when the session gets underway. , thatlooking at kaisa forerty developer suspended two years will resume trading. So a lot to look for two in the session ahead. Haidi absolutely. We are seeing a risk off session so far to kickoff the trading day. ...
June 25, 2024
You are taking that argument apart this week. Ellen yes, we are saying he is less like mussolini than the former Prime Minister of italy. Over the last 10 years, democracy has waned all over the world after it being on the upswing. If you look at freedoms, freedom is on the downswing as well. More and more, you see leaders describe him as having a blow torch manner. Leaders like trump who are a little bit in that mold coming to the fore. David using the media in the way that berlusconi did. Elle...
June 25, 2024
And yet the resiliency is relatively strong. We have got stabilization today after those big swings we have seen over the past couple of sessions of at least 1 in the s p. Now we are not seeing moves that are quite as large although the nasdaq is rising to the highs of the day, up three quarters of 1 . We are seeing some of that volatility come out of the. Arket in terms of drags, volatility is here to stay when it comes to oil prices. We have Weekly Oil Inventories creating a spike in oil and t...
June 24, 2024
As well as a witness. Heres what they had to say. We had been working very hard to try to figure out ways to contend with folks with weapons trying to create time and distance and apparently this event unfolded very quickly and we will be looking to find out why it had to go as it did. Im conflicted. They have a difficult job. A psycho with a knife should not be a death sentence. Some witnesses are telling us louise did not pose a threat to the officers paid he did not understand english and he ...
June 23, 2024
Republicans who are going to take the partys president ial nominee. We polled more than 600 likely voters run the country and asks them a simple question, do you agree . Overall, more than one third of each party said they agree. When you look at the party breakdowns, democrats overwhelmingly disagreeing, but 2 3, 65 of republicans say they favor what donald trump is saying should be done to people of muslim faith. Only 22 oppose the plan. We also asked the voters if it made them more or less li...
June 21, 2024
At the white house feels that the only way they can get a bill is to go along with this. Reasonuld be the only they would sign such a bill that would weaken a critical component of Financial System reform. The senate could pass the bill as soon as today or over the weekend. He price of oil keeps plunging oil closed below 60 per barrel yesterday, for the First Time Since july, 2009, when prices as 58. 80. Ow iaea says supply from nonopec producers will be bigger. Opec decided against reducing out...
June 21, 2024
And shall be holiday buckles and and scans the dashboard of huber, the taxi uber the taxi transport company. President obama has just signed in order authorizing additional sanctions against north korea. The word comes as sony expands the number of ways you can watch its movie the interview. Theatrical it is expanding, and time warner and verizon expanded access to the movie. North korea has denied responsibility for the hacking and threats to theaters that screened the fictional comedy about th...
June 21, 2024
The hardliners of iran. It is an unusual coalition. Olivia Vice President joe biden called the letter beneath the dignity of the senate and sends a signal that the president cannot deliver on americans commitment. Oil shares up 9 after a shakeup of the top at the top of bank american. Brady dugan will be replaced by prudentials Tidjane Thiam. He is one of the few leaders of a global banks to have survived the financial crisis and the many scandals that followed. Brady dougan European Finance min...