From Raymond James to get his quick take on the street Google Properties revenue, thaep thats the properties the company owns and operates, 19 to 28. 7 billion that was above what kessler was looking for. Operating expenses were higherx. Ruth porat said there were some unusual items and pointed out 545 million expense related to a legal settlement in france also called out some unrealized losses tied to certain venture investments, although she declined to say which ones switching gears a bit, i asked her about competition. We just heard from amazon. Their ad business is growing very strongly. I asked her how much of a threat she thought amazon was she thought the online ad market continues to grow and her point is it doesnt have to be one winner, its not winner take all. I asked her about wamo as well the team at Morgan Stanley cut their valuation by 40 in part because they said the industry is moving toward commercialization slower than expected i asked ruth porat whether commerciali
Limits on u. S. Portfolio flows into china by delisting companies here in the u. S. The nasdaq is down by more than a percent. Take a look at the chinese stocks alibaba sitting at session lows down by five and a quarter percent. Eamon has been following this story and joins us reporter my understanding is those reports that cross earlier today got the markets attention are accurate the white house is considering measures that would limit port po folio flows from the United States into the Chinese Companies but and theres a big caveat here. Its a lot of different ideas on the table. Its not clear when a decision would be made or what that decision would look like or what the mechanics of this would be how could this play out in theres one option already out there thats been under discussion thats a proposal for a number of senators. You see them here including senator marco rubio of florida called the equitiable act. What that would do if passed is allow u. S. Regulators to have access
Maria big show this morning, joining the conversation Dagen Mcdowell, chief Market Strategist art hogan and president ial candidate arkansas governor Mike Huckabee. Good morning. A lot to talk about this morning especially on day 2 of Federal Reserve meeting, Delta Airlines coming. Ed is here, chairman and ceo of the black stone group, Steve Schwartzman talking about his book. Oklahoma senator James Lankford also joining us this morning, dont miss a moment of it, we have a big 3 hours, top story this hour is oil, once again dropping this morning on news that saudi arabia will restore normal output and production levels by the end of the month as secretary mike pompeo meets with saudi arabia king prince salman to twin attacks on saudi oil facilities, iran is denying any involvement in saturdays strike with president Hassan Rouhani blaming u. S. For disruption in the region. Its not exactly going well for them. I think this was their attempt to break out and sort of find way to put press
The station transit central. Theyve settled on a price for several properties the Company Wants to buy. The total price tag would be 67 million but now the city council would need to approve a compensation agreement to even allow those parcels to be up for grab for development. The campus would be a 800 million complex that could bring in 20,000 workers and some local residents have spoken out against google with concerns. We want google to come to an jose but in a responsible way that is going to help the communities and not worsen the problems we already have. Appreciate it. Thank you for sharing your letter and we look forward to engaging through the community and hearing the concerns and all the issues being outlined. Thank you for visiting. Have a good afternoon. Reporter activists heard from google representatives there after marching onto the Mountain View campus and calling for google to have Affordable Housing in the area and itll be a important one and despite any controversy
I hope you will go see that exhibition. Andrew dolkart is the curator for that exhibition, and he has a very long history with new york city landmarks and architectural history. I think this has gone off now, has it . All right. Andrew is a good friend of longstanding, we like to say, rather than old friend, but we do go way that. This is one more lecture at the Skyscraper Museum, which has been going on in a relationship now for probably nearly the 17 years since the museum was started. Andrew is always there when you call on him to talk about new york city history or speak about yet another of his new books and new publications. He is an exemplary historian and someone who has a long and deep history with new york city landmarks, having worked in his youth at the commission on the , having been a consultant to them, having written many a designation thert, having authored first guidebook to new york city years now and in the since he has been at columbia, heading the historic theerva