What is next for him in the company . Text regulation, legal and legislative hurdles continue, especially for overseas apps. We will hear on how much more needs to be done. Action,arket specifically in the tech sector. The nasdaq closed above 9000. It has returned more than 35 this year and is on track for its best year since 2013. One of the best performers has been apple. It is one of the best performers in the s p 500 on a point basis. On as outperformed percentage basis. Another high, another day, another record at tesla, 430 a share. Tesla and elon musk have defied the shorts. We will have more on the record coming up. First, i want to look at the 2019 story of uber. The company went public in the spring, but has faced legal hurdles. Some battles were over its International Expansion plans, with london stripping the company of its license. Another issue, whether drivers are employees or contract workers. This week, we covered the man who cofounded the company, Travis Kalanick, and
Selling the rest of his shares. What is next for him and the company . Regulation, legal and legislative hurdles continue, especially for overseas apps. We will hear from senator Marsha Blackburn on how much more needs to be done. First, our top story, and a lot of Market Action on thursday, specifically in the tech sector. The nasdaq closed above 9000. It has returned more than 35 the tech sector has now returned more than 35 this year and is on track for its best year since 2013. One of the best performers has been apple. On a point basis, apple is one of the best performers in the s p 500. It has outperformed on a percentage basis. Another high, another day, another record at tesla, 430 a closing out at 430 a share. Tesla and elon musk have defied the shorts in the last few months and we will have more on teslas record coming up. First, i want to look at the 2019 story of uber. The Ridesharing Company went public in the spring, but has faced a barrage of legal hurdles. Some battles
Connection, thats part of the chinese state. The United States is the number one largest for the economy and china is number two, and they are fighting each other, and therell be damage to global trading. Connell but trades only the tip of the iceberg. The real question is this are we in this together or going our separate ways . Chinas now in the hunt for new markets. You see that with things like belt anded road, part of an Economic Initiative to reach them into that billion market. Connell the next moves are crucial, and this is the challenge of china. Connell so for the United States to challenge presented by china is about much more than headlines generated during a trade war. Im Connell Mcshane. Over the next hour were going beyond tariffs to bring you a unique look at the clash of cultures and beliefs thatll shape the direction of the Global Economy for decades to come. Much of our conversation will happen here in new york, but well also take you to chinas capital city, beijing,
And not go through the question and answers, and i would have almost flipped out because i think the questioning is a must more significant. But i appreciate this opportunity to speak to the council on competitiveness. Continueul we will this dialogue because i think this conversation and issue is the issue of our time. I am going to talk about u. S. China relations, and maintaining the United States competitive edge. There is a widespread understanding today that rising china is the great Foreign Policy challenge of our time. This could not be a more important time or more important conversation. Ouran and must retain leadership and Global Competitive advantage, by embracing those defining characteristics that have made america the leader of the free world, our belief in the rule of law, checks and balances, open markets, justice, diversity, human rights, and ultimately the rights of an individual. Especially when those rights come in conflict with the government. Foundation, are the
Senate Intelligence Committee and a member of the banking and finance committees. [applause] senator warner thank you for that kind introduction. The first time i have spoken to the council since i was a governor. And in in that, apologize while most of the action is going on in the house today, we are actually plowing through a , and im goings to be a little limited. Limit my presentation and not go through the question and answers, and i would have almost flipped out because i think the questioning is a must more significant. But i appreciate this opportunity to speak to the council on competitiveness. Continueul we will this dialogue because i think this conversation and issue is the issue of our time. I am going to talk about u. S. China relations, and maintaining the United States competitive edge. There is a widespread understanding today that rising china is the great Foreign Policy challenge of our time. This could not be a more important time or more important conversation. Ou