The only reason. Please what do you know but saudi arabia. Youre probably thinking all well and rich kids. And nightmare for women under extreme interpretation of islam. Things people in the west take for granted are not. Mixing with opposite sex drinking or talking about politics. But you might also have heard the things have opened up recently under the new crown prince women are now allowed to drive. And for the 1st time many women have made a large listen to Music Together in public. Money is best man and i work as a fashion side its in london. But ive never felt totally at home. I grew up in Northern Ireland but i was born in saudi arabia to sudanese parents this is so right yet in the street. Begging me to come back to saudi arabia and hope i might be convinced to move there. So. I decided to live with them for 2 weeks to see what my life would be like in saudi deserting the like. A chokehold a star was a step time search for saudi or not having a great time in western media yeah
Good friday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan at post 9 of the new york stock exchange. Jon fortt has the day off. Weve cut our losses in half since the open, although oil is approaching below 42 know v now as the opec meeting continues. Well begin with the mornings markets, the dow falling again but well off the lows, down about 380 points. Mark mahane knjoins us live alo with mark just in the internet space, the fact that so many investors are trying to game out what the impact here of covid19 could actually be on the sector. How are you gauging, how are you assessing risk versus reward within your coverage okay. We had a pretty significant data point this week. We had the ceo or the cfo of Companies Like uber, lyft, and Google Alphabet all present at an Investor Conference this week i think what we heard from all of them is not yet a Material Impact lyft said they were seeing a small positive impact because people were leaving Public Transport
Is this a turning point for yields around the world. Well get fed minutes later on today. Road map begins with retail earnings, target and lowes soaring in the premarket on their results bucking the downward trend in retail. One week since the dows 800 point drop were close to recovering the losses well take a look at the wild ride over the last week. And what you can expect next. As the september 1st tariffs aapproach, well take a look at the companies that may be in your portfolio with the most exposure first up, target set to open at all time high, lowes surging on the better than expected quarterly earnings, revenues and comps. Digital sales drove more than half of the growth in q2 comps lowes reporting positive comps in all of their geographic regions in the United States and outpacing depot for the second consecutive quarter. We got to focus on execution. And risk taking. Both Marvin Ellison at lowes and Brian Cornell at target took big risks. Some people say they blew up the way
American tanks. For some 2016 across europe tens of thousands move allies against planned free trade deals with the u. S. And canada belgiums well in the region is blocking seiza amazing european pact with canada thrusting the in you into crisis. And is focused on a little known provision routinely included in trade deals at laos Foreign Investors to bring investment disputes before an International Arbitration tribunal and multinational corporations to soon sovereign states for billions of dollars. But what are these tribunals who handles their cases and who represents the interests of the people after all its taxpayers who foot the bill. To get a clearer picture we examine an opaque system that circumvents National Court and effectively hands Foreign Investors the power to push a democratically elected government. Whether its an Industrial Power or developing country every nation is vulnerable investor lawsuits against states impact everything from human rights and health to public f
Foundation. If you look at the plannic, the requirement, human rights, civil rights, every one of those organizations has been founded by and nurture by professional foundations. Not spin down foundations. Because if you look at what motivates a spin down Foundation People to give money to things its really an attempt to replicate in the Nonprofit Sector, the civic sector, what the achievement that they had in the for profit sector. So they are really looking for a big bang. The problem is you dont get a big bang fast. What we know about the spending of money in a short period of time didnt correlate to what you expect if you put a lot of money in action in work in the short run. Rose music and philanthropy when we continue. Rose funding for charlie rose has been provided by the following and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose Michael Ra