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July 16, 2024
On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wework has been burning through cash and now plan thousands of job cuts. Kurt wagner spoke to wedbush analyst dan ives and bloombergs ellen huet, who covers the company. Ellen it is official. The ipo will be put on hold. So they said this morning theyre going to be pullin...
July 16, 2024
We will break down all the numbers for you. And, microsoft stopped making phones years ago, and now its back with a new model that will run on googles android system. Is now the time to get back into the slowing Global Smartphone market . But first, to our top story. On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wewo...
July 16, 2024
Trade war. We also have a bloomberg exclusive. We will hear from a top huawei executive as the Telecom Giant remains on the blacklist. Dropping all tria after the dow jones reported the u. S. Federal trade commission is investigating the marketing practices of juul. Invested 13 billion into the popular ecigarette maker. Regulators are investigating whether juul engaged in deceptive marketing. In addition, juul was named in documents by the u. S. Food and Drug Administration as it investigates wh...
July 16, 2024
The s p 500 rises and bonds tumble. Wework is said to have slashed valuations in its upcoming share sale. Shery lets get you started lets get you a quick check on how markets closed. We have equities rallying, treasury yields rallying, strong Economic Data. The s p 500 jumped to the highest level in five weeks. It actually broke above its 50day moving average. Tech shares led the gains. From thest losers trade tensions between china and the u. S. We also have banks rallying as we saw the twoyear...
July 16, 2024
Well see whether or not we keep our meeting in september. If we do that, fine. If we dont, thats fine. Time that somebody does what were doing. This comes after the said new tariffs on chinese imports will take effect september 1. Shattering a truce reached with the chinese president weeks earlier. Senate Majority Leader Mitch Mcconnell says Gun Legislation will be at the top of the agenda from theirers return august recess. In the wake of several mass shootings, mcconnell says the look at expan...
July 16, 2024
War, and a former employee who forbeen federally charged stealing trade tickets from out for that. We also have another bloomberg exclusive. We will hear from a top huawei executive about what the u. S. Is losing out on as the Telecom Giant remains on the blacklist. First, shares of Tobacco Company altria dropping after the dow jones reported the u. S. Federal trade commission is investigating the marketing. Marketing practices of juul labs. It has invested 13 billion into the popular ecigarette...
July 16, 2024
The different positions on the fighters has become a major source of tension between nato allies, turkey, and the u. S. Women who say they were victimized by Jeffrey Epstein expressed anger today over his suicide in a new york city jail, saying he deprived them of their chance of justice. Todays hearing was held for the purpose of throwing out the case because of the defendants death, a typical step, but the judge ordered the accusers an unusual opportunity to be heard in court. During the heari...
July 16, 2024
Facebook and apple grilled by lawmakers. How these last few days have shaped Silicon Valleys future. Moon choose to go to the and these other things not because they are easy, but because they are hard. Emily and we mark the 50th anniversary of the first moon landing. I speak with the captain for moonshot on nasas legacy and why we should not be going to mars. First, to our top story, what else but big tech earnings . Shares of microsoft jumping after strong fourthquarter results thursday. The t...
July 16, 2024
We choose to go to the moon and these other things not because they are easy, but because they are hard. Emily and we mark the 50th anniversary of the first moon landing. I speak with the captain for moonshot on nasas legacy and why we should not be going to mars. First, to our top story, what else but big tech earnings . Shares of microsoft jumping after strong fourthquarter results thursday. The tech giant has benefited from ongoing strength in the Cloud Computing as your business. And microso...
June 30, 2024
Price, model three production woes means tesla is burning cash at 8,000 a minute. Betty what might be one of her last appearances as the chair of the federal reserve, janet yellen is speaking now at the nyus stern school of business with the former bank of england governor mervyn king. Lets listen in. I think the other thing that i learned or discovered was important is very careful deliberationsd among participants in the in order to carefully think through a strategy and try to develop a conse...