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Company social capital head of sofia which will take a 49 percent stake in the firm of Virgin Galactic says it already has 600. 00 reservations for flights which could begin as soon as this year. And for more on this lets go now to our financial correspondent in new york yen scored a yens this seems pretty unique in terms of listings so what kind of interest could Virgin Galactic generate. Well i mean if you want to invest into the vision of now you might get the chance because yes it is the 1st real Space Company going public it is by the way a pretty unusual way because theyre going to merge...

Straight day of declines the nasdaq trying to snap a twoday losing streak. Industrials the worst performing sector following a downgrade of 3m, and for more on all of this and what is sending the dow lower today, lets go to bob pisani at the New York Stock Exchange an important thing, scotty, here is were down three days in a row, and this is not so much i would call searching for direction as i would say that we really need to figure out where the market is going. Were waiting for news, essentially here were waiting to see if the fed really decides they needed to cut rates aggressively, we re...

The number of female employees globally over the next five years. Why diversity seems to be the one big problem big tech cant solve. Itst, ibm has closed purchase of red hat, finalizing the worlds secondlargest tech deliver. Ibm was once synonymous with mainframe computing, but has been struggling to adapt in a cloudbased world. The company is playing catchup to market leaders and Offering Software and services over the internet. Bloombergs david westin spoke to the leaders of both ibm and red hat earlier. I think, a lot of times people think everything is going to move to one public cloud. Th...

Company social capital had a sophia which will take a 49 percent stake in the firm of Virgin Galactic says it already has 600. 00 reservations for flights which could begin as soon as this year. And for more on this lets go now to our financial correspondent in new york yen scored a yens this seems pretty unique in terms of listings so what kind of interest could Virgin Galactic generate. Well i mean if you want to invest into the vision of now you might get the chance because yes it is the 1st real Space Company going public it is by the way a pretty unusual way because theyre going to merge ...

Welcome to you you and i were chatting about the new space spot that were going to talk about. How is that indicative to risk in this market. You have a spak, which people doing it as long as i have they know the history but its essentially a blank check to merge with a company thats going to take people to space. What does that have to do with the fed it has to do with the risk mentality of people out there. If the fed is going to drive rates down to the negative, people are going to go out and try to find Investment Opportunities and i think this is the perfect metaphor what we saw in the ma...