1, 1, 6, on highway one 28 as you just saw in that video we were here when the building collapsed before. Then you can still see flames and sparks and smoke has been happening for hours and told of this fire actually started yesterday so its going on 24 hours of burning. And firefighters are going to stay year making sure that it doesnt. All because that is the main concern making sure that that doesnt turn into even bigger fire now, lets talk about what this building is its a business. Its called leave now its an alternative Academic Program for people who want to take a gap year. Its run by Organization Called youth past passageways as property caught fire yesterday has been actively burning according to its website though the 2 year college increases includes traveling abroad, india and latin america, treats and internships with those academics. This is one of 206 structures that burn in the can kate fire does saying to see earlier i saw home those completely burned to the ground ve
Right now. Its great to have you with us on this thursday. Our Investment Committee stocks giving up big gains the dow is up more than 185 points earlier in the session. The feds front and center. Policy makers are gathering as we speak if jacksonville Steve Liesman is there, speaking with philly fed harker his comments really impacted the markets here. Reporter yeah. I think maybe the key is this. That harker is not a hawk but his talk or his answers to my questions were somewhat hawkish. Heres what he said when i asked him, you know, where should rates be where should they go ididnt think the cut was appropriate, necessarily, but i went along to it to get back to neutral. But im on hold right now. My forecast is hold where we are for exact one of the reasons is that that i think we run the risk of creating too much leverage in the economy. Reporter that comes against the backdrop of course harker did not want to raise rates in december now hes okay with where rates are right now. And
The to a defeats in the open battle. Man to man. Our air offensive has sowersly their strength in the air and their capacity to wang war on the ground. Our home fronts have given us an overwhelming superiority in weapons and munitions of war. And placed at our disposal great reserves of trained fighting men. The tide has turned. The freemen of the world are marching together to restrictry. I have full confidence in your courage, devotion to duty and skill in battle. We will accept nothing less than full victory. Good luck appear let us all beseech the blessing of al mighty god upon in great and noble undertaking. This morning on washington journal, and American History tv, we are the National Dday memorial in bedford, virginia, joined by alex kershaw, the author of nine books, including his lafrt, the first wave, the dday war ners who led to victory in world war ii. Thank you for joining thus morning. Whats the significance of you being there in bedford and the memoryual youre sitting
Announce its second vision fun after its wildly popular first fun. First, our top story, uber out with secondquarter results including a 5. 2 billion loss. Level down to the lowest since may. Here to crunch the numbers and breakdown uber eats an active is Mandeep Singh payment fairly disappointing, what is your biggest take away . I think it was just a revenue miss, and part of that was related to the user subsidies in their ridesharing business, i think they have been using subsidies for a while. They have been seeing pricing pressure because uber eats is a very fragmented market. On the core ridesharing side, i think theyre doing fine. The large numbers large Growth Numbers are catching up. I should add that the adjusted loss was lower than 650 6 million versus 979 Million Dollars that analysts had estimated. Monthly users are below estimate, 99 million, the street was looking more like looking for 101 million. What do you make of that . Mandeep the fact is, uber is a global company.
And double digits, softbank announced its second vision fun after its wildly popular first tech fund. How it is changing up the landscape. First, our top story, uber out with secondquarter results including a 5. 2 billion loss. Sales, bookings, and monthly users all missing estimates. Shares down to the lowest level since may. Here to crunch the numbers and break down uber eats an active users is Mandeep Singh of bloomberg intelligence. Payment fairly disappointing, what is your biggest take away . I think it was just a revenue miss, and part of that was related to the use of subsidies in their ridesharing business, i the food business. I think they have been using subsidies for a while. They have been seeing pricing pressure because uber eats is a very fragmented market. On the core ridesharing side, i think theyre doing fine. It is just the law of large numbers is catching up. To me, it looks fine. Emily i should add that the adjusted loss was lower than anticipated, 656 million vers