Washington. What all the backandforth means. And President Trump once federal federal to wants agencies to work with social Media Companies to stamp out hate. But first, uber shares continue a fall after sales miss and 5. 2 billion dollar loss in the second quarter. Much is due to the ipo in may. Cooper is trying to reassure investors, saying losses will uber is trying to reassure investors, saying losses will come down over the next few years. Why such a dramatic reaction . Eric i think the stock reaction had to do with the revenue mix. If you are going to lose that much money, you have to keep growing. A 5 billion plus net loss is huge. That has to do with the stock uber loses ipo, but money regularly, although it did beat expectations. Emily are investors generally buying that this is a once in a lifetime of a company fix . Eric that narrative is challenged. I think if they were holy buying uber aboveuld see its ipo price. Analyst remain optimistic about uber. Many have buy ratings
The United States makes major policy decisions based on the day to day action in the stock market is it wrong when he puts his thumb on the scales of favor of the bulls . When i say that trump is the most stock market sensitive president in modern history, im talking about days like today where the dow jumped 372 points, s p surged 1. 48 and the nasdaq went 1. 95 all because the president delayed some key tariffs that were supposed to go into effect on september 1st instead, certain important items like laptops, like cell phones are now exempt until december 15th so at the very least, Many Companies have more time to adjust and maybe they never get hit at all if the chinese agree to make real concessions why did he do it i think President Trump soaw the market melting down yesterday. Right on the heels of a major pull back on friday. And he took action to turn things around. After all, he does want to get reelected next year. Its easy to do when stocks are in great shape if you own sto
Relevant than ever. On television and online, cspan is your unfiltered view of government, so you can make up your own mind. Brought to u. S. A Public Service by your cable or satellite provider. Mueller report. We are joined from philadelphia in rmer associate counsel the Trump White House James Schultz. Tell us about your service there. Don mcgann, th right. Guest i did. Served from the beginning of the administration until the end f the first year as senior associate counsel and special handled ethics and compliance and trade and infrastructure and we all in as it related to the confirmation process. It was a great experience and i glad to be nd im back in philadelphia with my family. Ost as you watch from the sidelines you see your former perhaps more than anybody in the Mueller Report that camp out and the calls out and calls for don mcgann to testify what are your on that . Guest i think the democratic the First Congress thing they want to hold the in contempt, al subpoena don mc
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