War, and a former employee who forbeen federally charged stealing trade tickets from out for that. We also have another bloomberg exclusive. We will hear from a top huawei executive about what the u. S. Is losing out on as the Telecom Giant remains on the blacklist. First, shares of Tobacco Company altria dropping after the dow jones reported the u. S. Federal trade commission is investigating the marketing. Marketing practices of juul labs. It has invested 13 billion into the popular ecigarette maker. Regulators are investigating whether juul engaged in deceptive marketing. In addition, juul was named in documents by the u. S. Food and Drug Administration as it investigates whether ecigarettes can trigger seizures. Joining us to discuss, the coauthor of that scoop, our Bloomberg News Health Care Policy reporter and a reporter who covers juul. What exactly is the fda investigating . Anna they have gotten reports from people that this has happened to who say they have had seizures and t
Lower on concerns about the health of the u. S. Economy and a number of new bearish notes from new wall street firms hurts the sentiment further. Lets check in on the biggest losers in the dow, which as morgan just said, is down sharply, near session lows, which were 462 points. Its currently down 410 points, as you can see, pfizer down 4 Goldman Sachs down 2. 7 cat down healthily 2. 56. The 30year just hit a yeartodate low of 2. 117 t the. Joining us for the full hour, victoria fernandez at cross mark global investment. Thanks for joining us. My pleasure when you see yields slip like they have done, like they did last week, does it make you want to press the sell button for broader u. S. Equities . We dont want to sell we have that longer term outlook. We think theres a lot of volatility going on and thats going to continue to play out. We are looking at these treasury buys, not just from Short Coverings but outright buying as well but i think you stay invested at this point there we
Earliest investors. Plus, fedex drops amazon. The delivery giant will not renew their ground delivery contract with amazon as the online retailer expand in its own logistics and shipping gain. We will talk to one of the Founding Members of fedex ground. And, new phones, new features. Samsungs first look at the new galaxy note 10 and 10 plus from its brooklyn event in new york. Weve got all the details. A rebound in tech shares helped fuel recovery in u. S. Equity markets. The day started wednesday with an ugly open as traders hit the eject button without any clear catalyst. But an early turnaround in names like broadcom, apple, helps erase losses among major indices. ,nd speaking of Broadcom Symantec surged in after hours trading on the news, up as much as 20 . Field the gains the s p largest seen since last year. The nasdaq closed in the green, while the dow was fractionally lower. Joining us to dissect the moves is our senior markets editor. Talk to us about broadcom here. The report
Manifesto online. We talk with ellen pao, the former ceo of reddit. Plus, uber and lyft post earnings. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just
Turning a profit, and we will break it down. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just so far out. Tom, uber said the losses would decline next