We will break down all the numbers for you. And, microsoft stopped making phones years ago, and now its back with a new model that will run on googles android system. Is now the time to get back into the slowing Global Smartphone market . But first, to our top story. On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wework has been burning through cash and is now planning thousands of job cuts. They will put some of their business is up for sale. Kurt wagner spoke to wedbush analyst dan ives and bloombergs ellen huet, who covers the company. Ellen it is official. The ipo will be put on hold. So they said this morning theyre going to be pulling it, that confirms a lot of the reporting we have had in the last week or two, which is that the ipo is unlikely to happen in 2019, likely to be pushed until next year. So
Future now becky quick. Criminals are hacking their way in andrea day has more. Its brazen its in broad daylight in front of hundreds of people. Take a close look at this atm attack caught on camera. The images obtained by the secret service and according to the agency the guys you see in uniforms are criminals grabbing loads of cash. What left this seasoned investigator stunned how normal it is and how common it was. We know for a fact that atm crime and fraud does cost the Banking Industry and Service Industry millions of dollars a year no one really wants to talk about that theyd rather not have them think their atms arent safe recent attacks cost banks more than 3. 5 million in a few months but theyre the beginning of a new wave heating up overseas. Its just a matter of time. He says the secret service has been investigating Training Camps located outside of the United States with kingpins organizing new recruits. Are you saying theyre bringing them in and training them and then le
Better than unemployment read as well. Lets have a look at some of the movers out there. It just shows that things are being priced in. The 10 year yield is pretty much unchanged. One move up on basis point. 10 year yields. An eye on what the bank of japan will say in a few hours time. Could be in an hourm could be this hour hour, could be this hour. No changes expected in that bank buyback program. It could go more into negative territory. Another Interest Rate decision is coming out of indonesia. Most people suggesting that we may see a cut. There is another body. It is a minority and they may stay after three Interest Rate cuts in a row. The indonesian rupiah has a dollars worth 14,090 in indonesian rupiahs. The bank of england a bit later. They are expected to state here. Stay here. Bloombergs u. S. Dollar index, we had some gains after the fed moved. E are holding on to those just up by a fraction. Ons look at what is going market wise. Have a look at some of those first word news
Yesterday. Today. Lls not deterred keep an eye on the bank stocks. We saw them significantly higher yesterday, getting a little bit about bid today despite a lot of the expectations for additional fed rate cuts. Definitely a big factor in what we are seeing in the markets on the u. S. Side. Guy thank you. Front and center in europe today, stoxx 600 up. The banks execs is up. Theres a whole lot of factors. We have seen the ecb and the market with another trove being kicked out. Extra liquidity going into the Banking Sector of the ecb. The takeup was not as big as anticipated. Yet the general rate policy story that is a factor as well. All of that contributing to a big bout of european banks, peripherally particularly peripheral banks. The other story is Credit Suisse will be charging rick clients to have a bank account, rich client staff a bank account, basically. More stories coming out of the gulf. Romaine were going to begin with our big story, the Federal Reserve divided. Policymake
Hopefully you can run and we ran. Reporter they were running in parking lot when shot. I remember gabriella was screaming you was hit, i was hit. And i felt it in my back and thought maybe i was getting a cramp in my side from run. It took a really long time till i 0 saw the blood to know. Reporter they kept running till a Good Samaritan picked them up and took them to the hospital. Brynn only released today a bullet in her liver. Im going to have a bullet in my liver my whole life. Reporter its a reality hard to wrap your head around but even doctors awed by their bravery. The two most calm people there were probably these two. Reporter still, they cant stop thinking about that night and moment they saw the gunman. Shot once, pause and rapid fired. I remember in these tone two seconds staring at him. He looked like a trained military professional. Im so happy to be alive and want to send my love to the salazars, the romeros that dont get to say that. Reporter our hearts go out to thos