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Lawmakers in washington to take action. We will hear from the senator who spoke out first. Workplace messenger slack soaring in its trading debut. After forgoing the traditional ipo, the companys shares opened at 38. 50, 48 above. Point, climbed as high as 22 a share, more than double the last valuation on the private markets. It makes it one of the most Viable Companies to hit the markets this year, but will it be able to avoid the slump of uber, both trading below . Is a couple correspondence. Jason horowitz is an investor in and stephen, you were at microsoft for more than two decades, which is a slack competitor. Can slack fend off the big guys . Well, can microsoft fend off slack . Right now, the way the Industry Leaders have talked about slack, its generally viewed as a leader, certainly by a bunch of measures. I think theyre in a really great position. The industry ....
, Lisa Abramowicz and annmarie hordern. Live from new york city, good morning. For audience worldwide this is bloomberg surveillance alongside Lisa Abramowicz. Your equity market on the s p 500 down yesterday just a touch down this morning by one third of 1 . Cpi upside surprise, pce coming up a little bit later. A lot of people are saying thats the big data point but how do you trade the market that seems to be driven by its own sentiment. That seems to be with the lack of conviction i read all the notes overnight i have to say the headline of the day frankly is momo fomo or own no. You can translate that later in the program. Ultimately over the last few weeks the last few months this market is repriced aggressively. And the fed hasnt had to adjust at all. President williams sounds like a president williams we heard about a month ago. Three times seems about right for fed ....
Charged me with false accounting. What progress have you made in regards to your claim . You mentioned it is not progressing as quickly as it is not progressing as quickly as it might be. What challenges, we have heard from tony and alan about challenges, what challenges are you facing yourself with regards to your claim . In fact, facing yourself with regards to your claim . Infact, i facing yourself with regards to your claim . In fact, i shouldnt say claim, something we should all learn, it is not compensation, should be renamed. It should be redress. It should be renamed. It should be redress. , , redress. It is so complex because the business redress. It is so complex because the business that redress. It is so complex because the business that i redress. It is so complex because the business that i had redress. It is so complex because the business that i had was redress. It is so complex because the business that i had was a the business that i had was a village shop with a post ....
Plus a mega deal in the oil industry. Chevron is buying hess. Were going to have the ceos of both Companies Joining us here at post nine momentarily. And one of apples largest suppliers, foxconn, reportedly being investigated by authorities in china. They are said to be conducting tax audit inspections and revving land use of foxconn subsidiaries. That is pressuring sales of apple a bit as we get started with trading 29 minutes from now. Carl . Actually, im going to send it to myself. Thank you, carl. We do start not with the markets itself but with that major deal in the energy sector. Chevron agreeing to acquire hess. Its an all stock transaction, valued at 171 a share before before we see chevron trade this morning. The ratio, 1. 025 shares of chevron and again were going to be speaking to both the gentlemen behind that deal very shortly. Jim, it follows, of course, exxon and pioneer. I am told, however, these two were talki ....
How much. They are now reaching out to the president of russia, to his ideas, they didnt just come out with sedzenpin, first of all, thats not the point , today the basis that the president of russia recently drew up, including at the valdai forum, regarding that very agreement and our actions in this direction, all this goes in unison. With their own thoughts, frequency coincidence external influence with the frequency of its own oscillations, this is a resonance, this is a really powerful resonance, this is not the basis for some vladimir, god forbid, dizziness from success, this is the first significant, largescale synchronization of clocks, which lays a completely new World Architecture in this world. Yes, which is now called banana, well, this is our history, it was not discussed now, yes, that is, cam ranh is not being discussed yet, cam ranh was remembered, remembered, much in our common history, new, well forgotten, ol ....