David i dont consider myself a journalist. And, nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with chuck schwab, one of the bestknown figures in the American Business world, certainly has been so over the last several decades because of his ubiquitous face and his ads, but also because of the Great Company he has built, which is one of the leading Financial Service companies in the united states. He has now just written a book, called invested by Charles Schwab, and i want to talk about that. And his life, which is incredible. Let me start by asking about something you made news with just recently. Your Company Announced you are not just going to do discount brokerage, you are going to give away brokerage for free. In other words, if i want to buy some stock, i call up, i have an acco
Planned to ask the u. S. Not to impose tariffs on december 15th, 15 tariffs. Not seeing the Vice President s speech Strong Enough to stop the trade progress. Still chinese saying the speech was full of arrogance, hypocrisy as well as lies. Spokesperson for the Chinese Foreign ministry pushing back on the human rights accusations. Turning it around on the u. S. , highlighting income gap between rich and poor, pulling back from treaties and mass shootings. We advice people in the night to take a good look at themselves in the mirror to recognize their own problems, manage their own affairs. Vice president chief of staff made a point directly, to talk plainly to the chinese government, plus tell them that the u. S. Is willing to work with them. I think the Vice President extend ad hand to say we do not want to decouple from china. Were anxious to have a trade deal. At same time, what i think we have seen administrations do, republican, democrat alike. Once we allow china in the world trad
Turkey bank and the lira faulters after prosecutors charge against breaking sanctions. And jp morgan shares rally. Goldman sach misses forecast as it endures heavy losses after investments in wework and uber a very warm welcome to street signs. It is just over 24 hours now until the make or break eu summit sterling is under pressure amid uncertainty over a last minute brexit deal can be hammered out. Talks have just restarted after stretching late into the night french Prime Minister said there is a glimmer of hope some members of Johnsons Conservative Party have expressed p doubts about the emerging deal. Lets head straight out to willem who joins us live from westminster. Break it down for us, which lawmakers matter here . Youve got Boris Johnsons party who are very likely to vote for a deal. You have a small number of them who have traditionally voted against the brexit deals one of them has publicly said last night after the group met, the former secretary of state for Northern Ire
An antitrust probe overload. The u. S. Justice department launches its own facebook probe. This, as the social network is already the focus of a federal trade commission investigation. But first to our top story, pellet gun falling as much as 9. 5 after raising more than 1 billion in its u. S. Initial public offering. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. s jason with Bloomberg Kelly at the nasdaq. John we are playing the long game. We see this as building millions and millions of subscribers around the globe in the coming years. Now we have the money to do that. We are fully funded after todays primary, so we are feeling confident. Jason when you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Or if there was one . My eights is fundraiser for appellate on. It is a funny
Congresswoman Maxine Waters called for the social network to stop development immediately. Says narrow link has successfully in place wires into its brain and enabled a control a computer. First, netflix tumbling after the streaming giant reported a loss of u. S. Customers for the second quarter. Netflix that it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining us now to discuss the underwhelming results, michael luca, who ofs course covers the company. Michael, this is the first time the company has lost subscribers since they split the dvd and streaming business. What is the type line here . Michael you know, i hate for poor luca, because he actually tweeted that he is tired of talking about this, but i think poor growth probably leads to subscriber loss domestically, and i think they are probably bumping up against a ceiling of what they can chargi