Good thursday morning here on squawk alley. Also this is insider ceo. Henry, good morning to you as well. First up we are following the latest out of Cape Canaveral florida where a spacex rocket fought fire and exploded. No injuries reported and no threat to the public. The rocket was a Spacex Falcon 9. The fire and explosion resulted in a complete loss of the rocket and its payload which was an israeli communication satellite. It sent a thick plume of smoke into the air and caused a blast felt several miles away. It was caused by what it is calling an anomaly during a static fire test. Henry, how much does this set back the ambitions of spacex . Or is this just a natural occurrence for a company trying to do something very difficult. Its a natural occurrence. Elon musk said rockets are tricky. All the Space Exploration companies they all had these set bac backs. It reinforces the idea that when youre working on these engineering problems things can go wrong. Look at tesla and the issu
Mayor, his nonprofits and now the feds. But maybe most importantly, Campaign Finance law, the rules that limit how much you can donate to a Political Campaign. When investigators look into questionable behavior by two businessmen and some of the nypd, there was a line that led to de blasio. One of the men gave a max donation of 9,999 to his Political Campaign and 50,000 to his nonprofit, campaign for one new york. Michael goodwin writes ultimately, the issue is what, if any be, favor the donors got in exchange for the cash. You believe youre going to be totally cleared of anything with this. Yeah, and theres we have no information about an investigation happening to begin with. Last week the mayor returned the 9,900 political donation from one of the men. He also recently announced that the nonprofit, campaign for one new york, would fold saying the work was done. But it came as a surprise to many people. Sounds like for him as well. To be continued. Well, many braced today in coney is
Were here because it is going to take all of us, not just the Indigenous People, but everyone in the whole world to come together to save our water. We will take you to the streets of the peoples climate march and then as the family of john didoon rockefeller announces it will stop investing in fossil fuel companies, we will look at the growing Divestment Movement. Fuels and from fossil invest in a Clean Energy Future, benefiting the worlds majority is no longer acceptable for any from to seek to Profit Industries that threaten our values. Move your money out of the problem and into solutions. We will hear a message from South African Archbishop Desmond tutu and speak to Scott Wallace of the Wallace Global Fund that is spearheaded the Divestment Movement in the Foundation World. All of that and more coming up. This is democracy now , democracynow. Org, the war and peace report. Im amy goodman. As many as 400,000 people turned out in new york city on sunday for the peoples climate march
Next generations come to stay to take a stand against those try to take our Ancestral Lands. Were here because it is going to take all of us, not just the Indigenous People, but everyone in the whole world to come together to save our water. We will take you to the streets of the peoples climate march and then as the family of john didoon rockefeller announces it will stop investing in fossil fuel companies, we will look at the growing Divestment Movement. Fuels and from fossil invest in a Clean Energy Future, benefiting the worlds majority is no longer acceptable for any from to seek to Profit Industries that threaten our values. Move your money out of the problem and into solutions. We will hear a message from South African Archbishop Desmond tutu and speak to Scott Wallace of the Wallace Global Fund that is spearheaded the Divestment Movement in the Foundation World. All of that and more coming up. This is democracy now , democracynow. Org, the war and peace report. Im amy goodman.
First, headlines from carol massar . This is been for the fiscal year. They said that they would cut the jobs to reduce costs. They will save the jobs about 100 million year. This will be for 2. 9 billion. This is for treatments for castro intestinal ailments. The stock rising the most in at least 34 years. A big story today was t mobile because they announced that they have 1. 6 million subscribers. We will be finding more about what is going on with tmobile. We will be going to the Consumer Electronics show in las vegas. First, lets talk about an issue that has been front and center in many states. For example, colorado. This allows some state hospitals to dispense to patients with cancer, glaucoma, and other illnesses in new york. He made his announcement in the state of the state address. Gabriel sayegh is the director of the Drug Policy Alliance new york policy office. He joins me by telephone. We are joined by evan nison, the director of the northeast Cannabis Division of terra t