Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T
Good monday morning welcome to squawk squawk im jon fortt with Carl Quintanilla and julia. Were in the final stretch of 2020 were focused on two big ipos, airbnb and doordash. Airbnb is bouncing back strong doordash saw demands surge both of those companies seeing encouraging demand for shares and to define the future of the gig and sharing economies. Leslie picker has the latest on the ipo process. Its important to underscore the rarety of this level of issuance in a single week. Excluding spacs, were expecting to see more than 7 billion worth of ipos this week. Since the start of 2014, only three other weeks have surpassed that kind of volume. Most recently, in mid september there was, if you remember, there was a big week of software debuts unity, jay frog went public. The only week thats saw greater issuance was in may of 2019 when uber went public and then september 2014 when alibaba went public what is different this time, though, is that the billions of dollars in new stock is c
Raid the home and office of the doctor. As part of an investigation into a football legend, well, the day after ethiopias Prime Minister claimed victory in the take the region leaders of the forces say theyve shot down a military plane and captured the pilot. The t. V. Left told reuters the pilot was on a mission to bomb the area. When the plane was shot down. Theyve been fighting the Government Troops for 3 weeks there and say theyve retaken the northern town of. Meanwhile, state media says at least 70 graves have been found in the ticket in town of welcome web. Following the story for us from nairobi, Ethiopian Government soldiers took the city of the regional capital of the great, without much fighting their enemy. Its a gray and Peoples Liberation front appeared to have decided not to put up much resistance after taking full control of them a clearly our forces are now pursuing and hunting and to peace or laments hidden in holes. The government says its forces now control of the re
Good morning, everybody. I think w had senator blumenthal remotely, ishat correct . Mr. Chairman. Is it okay if we move forwar absolutely. Thanks very much . Ill make a brief Opening Statement ts is about censorship, suppression and the 2020 election. A deep dive when it comes t twitter and facebook about the platforms and decisions they make, can we do better . Do we need to do better . The first thing i want to talk about here is health risk associated with social media. The 2018 Research Center survey of nearly 7150, 13 to 17 yearoldsnt 45 online almost constantly. 97 use socia media platforms such as youtube,st facebook or snapchat or instagram. Why are we having thisearing . Shes o companies offer, people like the politics ander u them. They probably more successful in their wildest dream they are having to make decisions that offend people on the left a the right. What we are trying t do is look at section 230 see if it nee to be modified or changed because section 230 basically
We created back in june of this year, and its a platform where current and former military and defense literature both the United States and the region are able to discuss some of the most important policy issues facing the two sides we were fortunate to inaugurate this series on june 10 with a conversation with the command of centcom frank mckenzie. Since then we have the honor of hosting some of the countries of brightest most seasoned leaders in the Defense Space including former u. S. Dp michele flournoy, current director grant, current centcom directory commander malloy who just transitioned into that role having served earlier as the commander. We also hosted u. S. Dp former u. S. Dp jim miller, former socom commander, the current security chief duke, former National Security affairs derek, and, of course, former Lebanese Armed forces commander or i should say rear admiral joseph. Let me take this opportunity to thank centcom and its leadership for the partnership with us at amy