Company and address investor concerns. The stock is down 30 since is ipo. And stake out digital ad fallout after democratic president ial candidate Elizabeth Warren posted a deliberately false ad on facebook. More on social medias role in separating fact from fiction. But first, to our top story. Wework is considering handing over control to softbank. Bloomberg has learned that the Japanese Investment bank is convinced they can turn around the once highflying startup. Wework is also weighing 5 billion Debt Financing led by jp morgan. To discuss, i am joined by my guests, ellen huet and michelle davis, and, ellen, let me start with you. I want to separate the different deals. First, softbank taking control. What can softbank do that the other coceos cannot do . Ellen this discussion going on between wework and softbank, it is, look, the outlook is not good. We like that you have two new coceos we are interested in , but doing more. And if they did take a larger stake in the Company Mayb
David welcome to cavuto coast to coast im david asman in for neil cavuto. President hitting back over criticism after phone call with the ukrainian president and a democratic impeachment push. Blake burman is at the white house with the very latest. Reporter the president arrived at the United Nations about an hour early. He will be there for three days of meetings to talk to a dozen World Leaders to give a big speech tomorrow. As he was arrived this morning he was asked about the phone call earlier this summer with a newlyelected ukrainian leader volodymyr zelensky. He acknowledged on the phone call he did indeed talk about joe biden. The president also saying the conversations on the call were appropriate and that biden shoulding investigated in his view. The president feels that bidens son hunter benefited from business dealings in ukraine and china. Because of his fathers position then as Vice President. Phone call with the president of ukraine. Everybody knows it. It is just a dem
We should posit in the past they made similar promises much like my diet overtures they dont pan out. Maybe this will. Well keep an eye on that. Democratic pollster doug schoen with us and Nicole Nikpour and charles payne. Were setting stage for talks later on that theyre going to try to commit to buying more agricultural items. They committed to that before. They have, they have, but if you think in the last week or so there have been these tiny olive branches. Hong kong, forget about the extradition thing. They acknowledge they will meet in october. That is one of the things that helped, this morning overnight, they have safe, they removed quotas that limited foreign funds going into that country and of course we have all the Economic Data that has been coming out of from their ppi number, the lowest in three years. Trade numbers down significantly. Even on baidu, their version of google, searches for travel dropped 12 . Many tie that Migrant Workers who work in factories are not goi
Tumbling. And a new u. S. Cyber agency says priority number one, countering threats from china. How it plans to keep the tech supply chain safe. First, ramping up the trade war. Eared down onmp b china in a series of tweets, writing in part, the vast amounts of money made and stolen by china in the United States for decades will and must stop. Our American Companies are ordered to start looking for an alternative to china. For more i want to bring in sarah mcgregor, who has been following the back and forth. Talk to us about this new round of tariffs, soybeans, cars, oil. Who will be hit hardest if these go into effect, and how . The fact that china is retaliating when the Trump Administration announced these new tariffs, china said, we will respond. 75 billion worth of u. S. Imports isnt a huge number, but politically sensitive products, things like agriculture, cars, it hit some of those states where they produce these items where trump has his support base. Emily sarah hang on a mom
Whether jay powell will cut Interest Rates further. And big earnings on deck, disney and wynn after the bell joining us courtney. Tell us how youve navigated the last 24 hours. You know, its been really, really interesting when you look at where the vix has been in august, were hitting 25 i think in july we ended around 12 that volatility is incredibly interesting. For someone like me thats looking to buy positions on the dip that i think are quality positions to buy and hold, it was a really good time in my opinion to do that interestingly enough on our desk at Loop Capital Markets we saw a tremendous amount of low, probably in the overnight markets, probably the most active weve seen all year. Buying or selling interestingly enough, buying. Some very balanced program bus we also saw a number of our fundamental clients buying in developed markets and a little bit of selling or less buying, well say, in some of the emerging markets so were starting to see some of that flight to quality