Masses in italy for the 1st time in 2 months pope francis and needs prayers at the vatican. And india extends its coronavirus uptown for a 4th time bringing even more misery for Migrant Workers trying to head home. Im joined again go with the sport as defending champions buy in munich make a winning restart to believe in germany but still have work to do on their social distancing. While we begin this news in israel where a jewish settler has been found guilty of murder and a high profile arson attack that killed a palestinian toddler and his parents and 2015 the man fire bombed their home in the west bank village of duma while they slept a 4 year old son was severely injured in the fire that ensued but survived relatives of the family say they are now afraid of retaliation. For the how they dont know this man was convicted but we think with certainty that hes not alone there are others out there who are part of that and theyre free to look and still produce to your own people it is po
February 20th. Fbn a. M. Starts right now. Viva las vegas. Viva las vegas. Viva las vegas. Cherylhaslas vegas. Cheryl wel good morning. Im cheryl casone. Ashley good morning, im ashley webster, in for lauren simonetti. Lets take a look at how your money is moving this morning. U. S. Futures pointing to just a mild lost at the open, the dow off 32 points, the s p and nasdaq down less than 10 . Cheryl oil and gold activity, gold futures hitting the highest close since march 2013, oil is up by 30cents. Oil on the rise after the Trump Administration lack listed the arm of black listed an r arm of a russian oil giant. Ashley in asia, a mixed bag. The nikkei finishing higher, shanghai up nearly 2 . Cheryl in europe were taking a look at the markets this morning, the ftse in london up by more than 10 , cac in the red. The 2020 democrats, folks, they pulled no punches with Michael Bloomberg in his debate debut with Elizabeth Warren attacking him for making former employees sign nondisclosure a
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla here is jon fortt. Morgan brennan is at the International Astronautical congress more from morgan and amazons jeff bezos in a moment well begin with Wework Softbank plans to take control of that company valuing it between 7. 5 billion and 8 billion. A huge drop from where it was valued, also cutting adam newmans stake down to double digits good morning to our guests good morning. Mike, i know that youre f m familiar with softbank, softbank a big investor in uber why is softbank doing this with wework is this an existential moment for them are they at risk of this investment taking them under this is a real crisis for softba softbank the story the past few years is uber is a huge high point or low point, and wework and how they valued the company, but soft bank, a huge vision bank came flooding in giving companies that arguably shouldnt have been propped up more runway and a longer time to survive and vcs out here say th
We will be active in payments services, congresswoman, and enable all of these people who dont have access modern Payment Systems to move their money around and have access to World Economy and will be in the payments business, as far as colibra wallet. Let in ask you another question on governance. In your open statement you said it would nothing be overpowered by facebook because you would only have one vote. So, in the world of banking, because in my mind its still banking, were dealing with a lot of banks who merged so lets sea with your one vote you would buy stripe or you would buy spotify. Would that now just give you the one vote or guff you more control . Because we know these things merge and get bought out all the time. So if you bought to the things would that give you more power. It would not, congresswoman, because in the way that the governance is currently structured no one entity can have more than one voice or one percent of the vote. So let me go to someone asked bit
Then lastly, we all know that research that the money we invest in our young kids is basically pays humongous dividends at the end of the day. The last person that gave Public Comments asked a question, did you get to hear that . I think you have answers for that, would you like to address the issue of how do you monitor this business of these programs . Interview thank you supervisor. Again director of the office early care and education and in response to the question what committees are oversight do we have for this work of oec generally and im pleased to say we have a ninemember Citizens Advisory Committee seated half by the mayor and half by the board of supervisors of qualified parents and practitioners to help advise our work and provide accountability and Program Improvements for the City Investments and Early Childhood to make sure that theyre working as well as they can for both parents and programs. They meet by monthly and where data informed and also advise outside of meet