Off. Export the nations passed on American History tv every weekend on cspan3. Next, a Congressional Panel visit Online Platforms and their visit on entrepreneurship in the us. We hear from google, apple, facebook and amazon officials to talk about ecommerce. This portion of the house judiciary subcommittee hearing is one hour and 50 minutes. Everybody will come to order, the chair is authorized to declare recess at any time. We welcome everyone to the second of our series of hearings investigating competition, this one on innovation, i recognize myself for an opening statement. 30 years ago, the first of the World Wide Web was released into Public Domain to create a Global Communications network. Within a few Years Services were built on the software to give people tools to communicate, share and export information from decentralized platform designed to be open and nondiscriminatory. Internet pioneer and codesigner of the internet early architecture testified in 2006 that the overarc
100 bucks perhaps in the cards instacart readying its wall street debut pricing at 30, thats the first of five listings this week it is amongst the first of the tech unicorns the last few years to go public thats almost two years, in fact, since weve seen one go public lets begin with the markets and the fed kicking off a twoday policy meeting yields got a little pop here, jim, on canadas cpi, reaccelerating for the second straight month. What a bummer the fed must find itself in were not building enough homes. Lennar said last week a lot of brokerage houses raised numbers. Lennar today almost a de laid reaction we just dont have enough homes. We have this huge millennial bulge, and theres just no doubt about it they will not be deterred by these rates. That doesnt mean they wont be deterred by higher rates these rates, according to Stuart Miller who i think is the dean of the group and executive chairman of lennar arent detouring anybody. You have fewer homes you have the one thing th
Alley. Back to you. Thank you very much its 8 00 a. M. At our headquarters in sunnyvale, california, 11 00 on wall street and squawk is live. Were going to start the hour with breaking news on target for that well go to Courtney Reagan back at hq. Hi, court. The same big delivery wars rage on. Target buying personal shopping and Delivery Platform shipt for 550 million. Target says delivery option for shoppers will begin in early 2018 it pulls inventory from stores to deliver same day. By summer it will be available in half of its 1800 stores to start, though, its going to be done through the shipt app and network of personal shoppers personal shoppers are in direct communication with the consumer that places the order for questions and timing updates at least to start, get this, you will need a shipt membership 99 per year for unlimited deliveries on the platform from target and other retailers like costco and kroger. Target says its working on how it might eventually be integrated int
Baum or our allies will be met with a massive military response, a response both effective and overwhelming. Maria President Trump takes aim at china over its trade ties with north korea appeared to follow up this morning. Global market actions look like this this morning. Tensions rising, futures indicate markets will open lower. Dow industrial down 50 points a quarter of a percent lower. In europe checking averages, checking averages come against acrosstheboard the board, dx and germany 40 right now. In asia overnight, the stocks took a cue from some volatility last week at the end of last week amid the uncertainty and north korea. The nikkei average down as was the kospi. Shanghai in china up a fraction. Hurricane irma, powerful category four storm. States of emergency already declared in the nfl now considering moving the Miami Dolphins opening game. The floodwaters with hot arriving. Houston Police Department honors one of its owner died during the storm. And into a cube on the ai
[applause] thank you are coming. Its my pleasure to introduce to you, commissioner michael bueller. He was appointed to the Security Commission by president obama and is sworn in an august 2013. He was delegated by President Trump to be in german in that capacity from january 23rd of this year to may 4th. His term expires in june 2018. Previously, dr. Pirowar worked at the sec in the office of Economic Analysis with the division of economic and risk analysis as an academic scholar from iowa state university. He was a professor of finance at iowa state university, earned a ba in Foreign Service in International Politics that can take an from georgetown and phd from penn state. Today we are not going to have a set presentation, but instead a formal question and answer format. Im going to ask mr. Pirowar a number of questions and then we will open it up to the audience so you all can participate in the discussion. Commissioner pirowar come with the new chairman of the securities and Excha