Out. The billionaire Tilman Fertitta will be here power lunch starts right now the dow making major moves to keep up with the changing times and the changing economy bob is looking at the moves and how they will affect the markets. Bob a bit of a shake up in the dow but the moves make some sense. Let me explain why lets take it piece by piece first we have salesforce. Com replacing exxon mobile the apple split has reduced the tech weighting in the dow and we need more Technology Sales force reflect the growing importance of Software Overall in the u. S. Economy. You dont need two Oil Companies in the dow you dont need exxon and chevron with energy only 3 of the s p one of them chevron will do. Lets look at the dow industrials. Pfizer is the lowest stock price in the dow the price would be even lower. Another reason to move it away amgen is reflecting the growing importance of the biotech space. This sounds like two industrial swaps and they are theytheon overlaps a bit with boeing now,
An air blockade on the country increased military activity on the border between azerbaijan and armenia with casualties on both sides. And really well into the sports news and as saudi arabia tries to take over a premier league club. That announces that its canceling the license of one of the premier leagues Biggest Group calls parties be in sports details coming out this hour and billions reaction to. Chinese Telecommunications Giant huawei will be banned from the u. K. s 5 g. Network the move which is a major backtrack on the British Governments previous position were likely delay the rollout of the network by at least a year the ban follows sanctions imposed by the us which claims the company poses and National Security threat qua way denies this of the u. K. s mobile provide. Will not be able to buy any new huawei 5 g. Equipment after the september 31st they have also been given 7 years to remove all while away 5 g. Equipment presently in their systems 3 g. And 4 g. Equipment can s
Demonstrators and protesters there now are occupiers and squatters, seizing part of the downtown. Some six city blocks of seattles capitol hill area. Antifa and other anarchists, black lives matter and other radical left groups have gone from owning the streets for a couple of weeks to owning what they may think is permanently an autonomous zone. In just a week, calls to defund the police have turned to we are the police in at least that autonomous zone in seattles capitol hill region. Its still under the control of antifa and other farleft groups. A border wall of sorts has been constructed around the perimeter of the zone. Anyone who isnt welcome is met by scenes like these [background sounds] [bleep] dont go away mad, just go away i want to know [bleep] [background sounds] lou a stern, rough crowd there. The states democrat governor, jay inslee, appears clueless about what is actually going on in seattle. Those, not his words, but effectively his answer when asked. Washingtons democ
Demonstrators and protesters there now are occupiers and squatters, seizing part of the downtown. Some six city blocks of seattles capitol hill area. Antifa and other anarchists, black lives matter and other radical left groups have gone from owning the streets for a couple of weeks to owning what they may think is permanently an autonomous zone. In just a week, calls to defund the police have turned to we are the police in at least that autonomous zone in seattles capitol hill region. Its still under the control of antifa and other farleft groups. A border wall of sorts has been constructed around the perimeter of the zone. Anyone who isnt welcome is met by scenes like these [background sounds] [bleep] dont go away mad, just go away i want to know [bleep] [background sounds] lou a stern, rough crowd there. The states democrat governor, jay inslee, appears clueless about what is actually going on in seattle. Those, not his words, but effectively his answer when asked. Washingtons democ
Demonstrators and protesters there now are occupiers and squatters, seizing part of the downtown. Some six city blocks of seattles capitol hill area. Antifa and other anarchists, black lives matter and other radical left groups have gone from owning the streets for a couple of weeks to owning what they may think is permanently an autonomous zone. In just a week, calls to defund the police have turned to we are the police in at least that autonomous zone in seattles capitol hill region. Its still under the control of antifa and other farleft groups. A border wall of sorts has been constructed around the perimeter of the zone. Anyone who isnt welcome is met by scenes like these [background sounds] [bleep] dont go away mad, just go away i want to know [bleep] [background sounds] lou a stern, rough crowd there. The states democrat governor, jay inslee, appears clueless about what is actually going on in seattle. Those, not his words, but effectively his answer when asked. Washingtons democ