States. What is it . First, we begin this morning with a look at todays eye opener, your world in 90 seconds. This was a good thing for the entire world, and we are urging everyone in the world to get behind what the United States is trying to do, to get the Islamic Republic of iran to behave like a normal nation. Iran vows to retaliate after a u. S. Air strike. That was a new chapter which is tantamount to opening a war against iran. I am ready and prepared to take whatever action is necessary. That inarticular refers to iran. Reporter u. S. Senators are back in washington, d. C. , making plans for president trumps impeachment trial. Their turn is over. Thrive done enough damage. Its the senates turn now. Reporter extraordiry images from australia. The country is bracing for what could be the most catastrophic day yet this bush fire season. Reporter everybody is watching and nervously waiting to see what these blazes are going to do, how hard theyre going to do, and trying to be as re
Eight in a row for nasdaq. The longest string of records in 21 years. We have fox Business Team coverage. Grady trimble is in chicago with the latest on the bowing shake up. Boeing shake up. Phil flynn at cme. Grady, kick it off with you. Reporter no doubt, boeing new ceo, David Calhoun will have his work cut out for him. Having to get the 737 max plane back into the air. Also winning back confidence of people who might have lost it in the companys 737 max. All of this comes after the now former ceo, Dennis Muilenburg has been under fire for his handling of the 737 max crisis. A lot of people say the company under his leadership was too cozy with regular regulators getting the plane to market. Families of the victims said the company wasnt transparent enough after the two crashes and how boeing played at least a partial role in the clashes. Boeing halted production of the plane last week while it works with the faa to get it recertified. The company says the new ceo will bring new comm
Price. Peloton fell sharply in the first day of trade, down another 5 endeavor pulled the plug on its offer late last night. A headline in the times asks is the ipo party over bob greifeld, chairman of virtue financial, and author of the book market mover. Lessons from a decade of change. Great to have you back happy friday great to be here. We would love you to help us draw a thread through some of the ipo pricing weve seen this week, the offers that have been pulled what should investors be keeping in mind right now . Well first, i would say we have to recognize the ipo market generated over 50 billion of capital this year. I remember back in 2003 when i started with nasdaq, we had zero ipos and zero dollars raised lets keep it all in context i also want to make clear you have a number of ipos that have come public which are not nyow making money peloton yesterday, their market cap is 10 billion thats about ten times revenue to me, when i hear and read about whats wrong with the ipo
Benefit more under his tax proposals. He will lower the pass through, and that will lower the Capital Gains so thats Utter Nonsense thats reform. Jim, nice to see you today. Its 8 00 a. M. In seattle, 11 00 a. M. On wall street. Squawk alley is live. Welcome to squawk alley, im Carl Quintanilla with kayla. The dow has gone positive for the week. A big day for bank earnings. Jpmorgan moving higher. Profit down year on year, but the company saw record income in commercial banking. Citi in the green after earnings and revenue topped expectations. Fixed income a bright spot, up 35 on year on year. There is wells fargo, despite the drop in income days after chairman and ceo john stumpf resigned. Plenty more on wells this afternoon, the cfo will join closing bell at 3 00 eastern time. Goldman is leading the dow. Some of these metrics if you look elsewhere, other than wells, pretty good. Even things like expenses working in their favor. Settlements, reserves, acting more like a tailwind inste
How can a company like Samsung always stay ahead of the curve when it comes to technological innovation, pushing boundaries of what's possible? How do they manage to weave cutting-edge technology into the fabric of our daily lives, from our smartphones to our smart homes?Samsung's success is due to its continuous dedication to research and