A big focus for both companies, turning a profit. We will break it down. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs the ride hailer will eventually become profitable. Did uber succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just so far out. Tom, u
Is being depleted and has cut in a fit payments of up to 70 . You can watch live coverage on cspan2. Here is a preview. Versus schulz covers Marissa Schulz joins us with him about the 9 11 Victim Compensation fund bill being voted on by the senate tuesday. The senate votes to permanently reauthorize the fund. What are the details in this bill . That extends the 9 11 victims Compensation Fund to the year 2092 does not have a plugin of six but the idea is the legislation would live on for the lifetime of these september 11 victims. Who are some of the sponsors we might recognize . Widespread bill has support from both sides of the aisle. There is about 75 cosponsors 75 out of 100 cosponsors in the senate, and senator used in gillibrand and senator schumer have taken the lead on that. Kiersten gillibrand and senator schumer have taken the lead on that. Host can you tell us a little bit about them . Is namede legislation after 39 11 First Responders from new york reserve background zero. U
Results. We begin with a news alert on big tech lets get straight to seema mody with all the details. Attorney generals are reportedly moving forward with an antitrust probe on big tech that according to the wall street journal, we just have here attorney general from mississippi saying continues to be concerned with the aggregation of data in the hands of a few and im always watchful of any monopoly. As attorney generals we need to evaluate and address specific conduct utilizing our existing antitrust and Consumer Protection laws. One way we are doing this is a Multistate Working Group called the Tech Industry working group. Melissa, we know big tech has been under fire, under scrutiny over privacy and regulations this further moves that forward. Our continuation of a trend, i should say based on this report from the wall street journal. That again the attorney generals are moving forward with an antitrust probe. As we get more, well bring it to you seema mody back at headquarters the
That key 3000 level again. Joining us for the entire hour nancy tangler from tangler wealth management, welcome, nancy. Thank you, sara. We are seeing a nice rally on wall street. What are you doing right now what are you buying . Still focused on the consumer the china news is good but i dont expect us to get a deal soon u. S. Consumer. Yes, thank you. Although china did pretty well according to coke. Yeah, great interview by the way. Thank you mcdonalds, home depot, starbucks, those are some of the names we like in the consumer space as well as coke, one of our largest holdings. Who do you think likes the bachelor more i didnt know tyler was a fan. Im a super fan. Anyway lucky were getting that show on cnbc. Theyre one of the best couples. The new show. Oh, theyre from the bachelor. Im lost. Kayla tausche and seema mody has United Technologies and josh lipton has details on potential app de apple deal in the works and diana olick. Kayla, lets start with you. Wilf, theyre expected to
People in San Francisco have been rallying all day but we will start in the south bay with ann rubin workgroups wanted to make sure immigrants knew their rights if ic shows up. Reporter volunteers have been handing out cards and putting up posters. They said to report i. C. E. Activity and to see something and Say Something if you see someone being detained. Reporter in Santa Clara County the immigrant county community is when the steps happen i feel more scared than angry. Because i dont want to lose them. I dont want to raise my son by myself. I am 18. Reporter fear and panic is what Community Leaders want to avoid. They say that is why the Rapid Response network exist. Created after the 2016 election, it is a 24 hour hotline to give immediate help if and when i. C. E. Shows up. We can give you information at that moment and connecting with people who can be at your house within minutes. With legal representation as well. Reporter intended to inform people of the rights and the commu