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July 16, 2024
We will have details. Going global. Amazon joins forces with chinese retail app. Is it a sign that black friday is broadening its reach. First, our top story. Ubers future in the city of london is looking bleak. Not allowing a license, the reason im a rider safety. Thate mood in london is uber will have to follow a similar procedure has a few years ago. In 2017, it was denied a license the first time and it immediately appealed. Ongoing,s an appeal is they are allowed to continue. Wilbur said th...
July 16, 2024
Commissioners, before you have the minutes of october 22nd, 2019. Are there any additions or corrections . Any Public Comments on the minutes of october 22nd . May i have a motion . All those if favor . Aye. Opposed. The motion carries. Next item, please. Clerk item 4 is general Public Comment. Members of the public hey direct the commissioner on matters within the commissions jurisdiction and not on todays agenda. President caen i have some speaker cards. Mr. Decosta. Commissioners, its novembe...
July 16, 2024
Media giantal disney beats Fourth Quarter bottomline estimates. We will break down the results ahead of disneys highly anticipated streaming platform debut. Stories. R top facebook continues to struggle to read and trust over how it handles user data. That has become more complicated. There has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. It is something facebook publicly touted when it decided five years ago to cut off tens of thous...
July 16, 2024
Today. Our road map begins with Global Growth concerns. China posting the weakest gdp in 27 years aed my fallout from the trade war. Well wrap up the first week of earnings season, two names in focus, coke and American Express, both rallyi ining aheaf the bell. Rick perry set to leave trumps cabinet. He will join us live this hour going to start with that slowdown, china saying the economy grew 6 in q3 from a year ago, believed to be chinas slowest gain in nearly three decades. Markets here larg...
July 16, 2024
To a weaker dollar and higher yields across the globe. Time now for global exchange. We are going to bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to start with the breaking news in the u. K. The pound is strengthening against the dollar on brexit optimism. Francine lacqua is live at westminster. Give us the lay of the land as we start trading this morning. Francine i have to say, you are absolutely r...
July 16, 2024
Big quarter for apple, set to report tonight after the bell. Investors closely watching the companys Current Quarter sales and forwardlooking revenue forecast joining us this morning, brian white as well as krish sangar. Stocks had a great run here. How much is priced in . Theres a lot of optimism going into this report i think really whats happening is the market is saying, look, we believe the services story. Iphone 11 has been good out of the gate theres a lot of things we need to think b aab...
July 16, 2024
Facebook and apple are set to report quarterly earnings. Find out numbers here before it impacts your wallet tomorrow. Whether you own the stocks or not it will tell a lot about the economy going forward. Connell we have Fox Team Coverage ahead of all of that gerri willis waiting for all numbers on the floor of the new york stock exchange. Edward lawrence, at the fed reserve in washington. Deirdre bolton on the earnings. We start with you, ed. Reporter Federal Reserve cut 25 basis points off the...
July 16, 2024
Employee. And shares of under armour under a lot of pressure, a federal probe of the Accounting Practices. And wall streets record rally on the heels of both the s p and nasdaq the dow is on track for new highs at the open. Well start with that stunning news from mcdonalds, the company has fired Ceo Steve Easterbrook after he spent more than 4 1 2 years on the job. Mcdonalds says he violated Company Policy by having a consensual relationship with an employee the new ceo is Chris Kempczinski, pre...
July 16, 2024
We dig into the details. Digital currency regulation. Adam pozen of the Peterson Institute weighs and on whether Central Banks should be issuing their own guidelines on cryptocurrency. Netflixur top story reported thirdquarter earnings on wednesday, the shares stopping in after hours trading after International Growth eased investor worries. The streaming giant also talk to earnings per share projections. New subscribers did fall short of estimates. Revenue went to 5. 2 billion. Bloombergsbring ...
July 16, 2024
Surprise. We have details and previews of the rest on deck. Another week of head scratching over wework. Investors wonder if jpmorgan or softbank will rescue the company. And cryptocurrency crusader. Facebooks david marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Tech earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiffer competition. G...