Im jamie colby. And today, im driving in the badlands of eastern montana. Its rugged, bigsky, cattleranching country. Im on my way to meet a lifelong resident whose father left him a chunk of this land. Nice to have you here. Thanks for having us. My names Clayton Phipps. And in 1997, my father passed away, and i inherited from him a small portion of the family ranch. And along with that came a few pretty exciting surprises. 41yearold Clayton Phipps is like a character out of red river or lonesome dove. [ horse neighs ] most of the time, im on my own. Im happy that way. This ranch had been in our family since my greatgrandfather homesteaded here. And its a part of me that i just didnt feel like i wanted to ever part with. Clayton grew up and learned to cowboy here on the ranch his father shared with three brothers. He describes the operation as cashpoor but reasonably successful. My dad worked us hard, but that was a good thing, too. After claytons father dies in 1997, the ranch is spl
We will take a look at the picture at the start of this week in israel and d europe. U. S. President donald trump promises to visit california as it battles the worst wildfires inin the hisistory of the stata. Our reporter t takes us to the town o of paradise, all that butroyed in 2018 all destroyed in 2018 wildfires and surrounded once again. Coming up on the program in business, we will look at the saga surrounding tiktok. Apposofofts bid to buy the has fallen through. First, the embattled president of belarus is to meet Vladimir Putin today as protests calling for his resignation show no sign of abating. Over 100,000 people took to the streets over the weekendnd, marking the start of the sixweek of antigovernment demonstrations. Alexander lukashenko is to meet putin. The embattled belarusian president is hoping to walk away with political backing from moscow. Lukashenko arriving today effectively to ask for clintons support. Putins support. That is a change for lukashenko, who not l
There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
One of the great men of American Business will join us following the nfl teams first time back oen field without fans but players bringing attention to social justice around the country. Power lunch starts right now guess were together but separate, once again welcome to power lunch. Billions of dollars of deals on wall street today. For 20 billion, gilead adding to its cancer fighting portfolio. Its basically doubled next up for 40 billion, the biggest chip deal ever, nvidia buying arm holdings which designs chips. Up 8 and finally not quite a deal yet oracle betting to be Technical Partner in the u. S. September 20th deadline. Oracle shares up 5 on the news. Well have all of this back over to you all those big deals on wall street helping the comeback rally in stocks. After two down weeks in a row. We havent seen that in a long time jim paulson joins us now is your time to buy the dip. Welcome. Good to see you. You see the marriage between wall street and main street looks as strong
Take a look at gain better than 2 . Nasdaq futures up 130 and s p futures up 32 points. Dow, nasdaq and s p 500 marking marking second consecutive week of losses on friday, big bounceback from that, on friday you had as you see markets lower, new fox poll new fox news poll show the 2020 race is narrowing, President Trump and joe biden taking their messages to swing states but just over now 50 days to go until election day. Plus, how you can live like the fresh prince of bell air courtesy of will smith and airbnb, mornings with maria is live right now. Maria firmer tone to markets this morning. European indices are mixed with european markets kicking off the gains with fractional moves here. Cac quarante is up 6 but the dax index in germany lower by 8 points, virtual trade talks between eu and china, we will tell you more about that coming up. The big Softbank Nvidia deal. As you see korean kospi index up one and a third percent and shanghai composite about twothirds 1 . Ruling party af