Exciting growth again. The question is when and in the meantime were going to shore up that Balance Sheet and make sure weve got that cash to make sure we can pounce on the end of it one of the things were thinking about is, who do you want to be when you come out of this. All of us are thinking about that so, you know, weve got still a strong recruiting team in place, a team who is interviewing people every day so that on the other end of this, all the superstars who are out there can come work at shake shack we dont know when that day is, but we know its coming. And when it is, we want to be there, ready to allocate that capital that we have to get back to growth as soon as we can. Randy, thank you so much for joining us thanks, everybody. Keep us posted. Ceo of shake shack. Sara, that was a good interview. Well see you on closing bell this afternoon good morning, im carl quintanilla. Welcome to squawk alley joined by Morgan Brennan and jon fortt. Dow is well off the lows of minus 32
Good morning. And i want to thank the witnesses for joining todays hearing on the implementation of the faa reauthorization act of 2018. One year ago, this committee wrote comprehensive Bipartisan Legislation to raise the bar on aviation safety, improve the flying experience for the traveling public, better prepare and diversify the aviation workforce and foster innovation in the u. S. Airspace. Todays hearing is a critical milestone in the subcommittees oversight work to ensure the timely implementation of the law in accordance with our intent and to address new challenges. Although the faa has made some progress on fulfilling the laws directives, ongoing implementation delays threaten the important work needed to advance u. S. Aviation and aerospace and maintain our global leadership. Our first panel of witnesses are dan ellwell, faas deputy administrator and joel savat. Mr. Elwell and zavt, i expect your testimony administrations efforts to swiftly implement last years law. I would
Hopefuls will make it on to that stage. Plus Holding Companies accountable for the Opioid Crisis. The newest move from a pharmaceutical giant to settle. Thousands of lawsuits that claimed it started and helped to fuel what is still a growing epidemic. Dorian strengthening into a hurricane, set to slam into the puerto rico. Latest on the storms path, likely to hit the u. S. Jackie fox Business Team coverageed Edward Lawrence at white house. Phil flynn watching action in oil and gold from cme. First to edward. Reporter you her a first here, within the last 20 minutes or so, u. S. Citizen Immigration Service releasing new rules saying kids born to u. S. Citizens outside the United States are not necessarily u. S. Citizens. It is not an automatic process. Temporary visits to the United States do not establish residency. Now these rules go into effect on october 29th. What has to happen, if you are a u. S. Citizen, have a child abroad after october 29th, you have to apply for that child to
So call me at 1800cnbc how did we get up here with the s p 500 hitting alltime highs, dow hitting its high for the year after gaining 249 points today. S p climbed 4. 9 nasdaq rose. 80 and more importantly, does this market have what it takes to keep powering higher regardless of what happens with the president , with trade, with the Federal Reserve . Just looking at the fundamentals of individual companies which is what we do best in cramerica, i think its worth wondering what might happen if we stay on evq we need it know if the market has gotten too expensive, or if its got more room to run. Especially with oil having a monster runoff just today because of tension with iran so lets zoom in on the top ten performances in the Dow Jones Industrial average, 2019 see, this will help us put in context so we understand how we got up here and whether it is dangerous, whether its safe, whether it makes sense number one is microsoft. Its a trillion dollar household name with a stock thats up
And coming up in sport on bbc news, ben stokes will be part of englands world cup squad later this year after reversing his decision to retire from one day cricket. Good evening. Englands lionesses have made history by reaching the final of the womens world cup for the first time. They beatjoint hosts australia 3 1 in a thrilling match in sydney. Australia equalised midway through the second half after ella toone scored the first goal, but then goals from lauren hemp and Alessia Russo saw england through. They will now face spain in the World Cup Final on sunday. Our correspondent Shaimaa Khalil is in sydney. Face of both teams were quenching for that spot. In the final it of History Making Territory for both sides. The england fans were outnumbered. They knew that. Is the matildas supporters packed the stadium and the fans. But with every one of the lioness goals they grew louder and bolder and then it was heartbreakfor louder and bolder and then it was heartbreak for the hosts with e