Was the one business show you cant afford to mess up there much as they are going to washington tech giant dios from amazon apple facebook and google all testified before Congress Following a year long probe into antitrust laws and code such a short tenure will be gus some of the damages and the pandemic with the west coast we have a lot to get through so lets get started. On one day 4 of the most powerful men in the United States Tech Industry theyre being questioned on whether their platforms have violated antitrust laws in recent years as theyve risen to dominate the internet now arties Rachel Blevins joins us. With the latest rachel what have we heard so far was there as we saw c. E. O. s from the 4 Largest Tech Companies in the country testified before the house judiciary antitrust subcommittee as part of an investigation looking at whether they have achieved such a major monopoly that they are now legally stifling their much smaller competitors because of the coronavirus pandemic
Backfire. It is tuesday, february 25th. Fbn a. M. Starts right now. Cheryl were a little shaken up after yesterday. Today is a new day. Welcome to fbn a. M. Good morning, im cheryl casone. Lauren its looking a little better this morning. Good morning to you at home. Im lauren. Cheryl lets take a look at how your money is moving on tuesday after the dow suffered the worst point decline in more than two years yesterday. We have green arrows this morning, dow up 55 in the premarket, s p is up 8 andahalf, nasdaq up 44. Lauren lets take a look at commodities this morning, oil prices are down, 51, 32 a barrel, gold is giving back 23 at 16, 53 an ounce. Yesterday was the highest settle for gold since 2013. Cheryl prices spiked on a flight to safety yesterday. Were seeing a bit of a loss on the yield but a slight loss, just point five basis points on the 10 year. Lauren japan is back open, the nikkei ending in the red, down 3. 3 today. We do see gains in south korea making a comeback there as
Nightclub. Busy bar on the weekends friday and saturday nights. We are not the only bar in the neighborhood. Across the street is the horseshoe and five or six other restaurants down the street. We are the corner where everybody mingles. It is not necessarily the dorian. I cant control across the street what happens in the door doorways. What we are trying to do is we are a neighborhood bar trying to additional element to it to bring in more people, to bring in more people to the neighborhood to have the neighborhood people join us more often, add another experience to it. We dont want to do crazy bands to 4 00 a. M. We have another nightclub. We are not that. We are a restaurant with a jazz band on thursday night during happy hour, not doing craziness. That is not our plan. Other than that, we are just trying to support the neighborhood and move forward. Anyone here to testify in support of the project sponsor . Come on up. Thanks for listening to me. I am liz miller speaking on behal
Secretary he is the principal voice of business in the Top Administration trying to ensure that u. S. Businesses have the tools they need to create jobs and pursue economic opportunity. He served the secretarys of the beginning of administration that gore 2017. Hes got limited time with us today for be brief in my introduction so we can get right to his talk. He will be laid at the conclusion of the talk and then the panel will ensue. Secretary ross is no stranger to commerce with over half a a century of experience in Investment Banking and private equity come restructuring over 400 billion in assets across Numerous Industries and serving as chairman or director more than 100 companies in over 20 countries. Hes also the only person elected to both the private equity hall of fame and the turnabout Management Hall of fame. We agree please welcome him here today and please join me welcoming commerce secretary wilbur ross. [applause] thank thank you, dean, for tt kind introduction. And th
Good afternoon. Good afternoon and welcome. Im dean reuter, Vice President and general counselan director f practice ethical society. Thank you all for being here. And a special welcome to the folks joining us and cspan. Were looking forward to a spirited debate in our Panel Following opening remarks from secretary wilbur ross. I am pleased and privileged to introduce the 39th secretary of commerce wilbur ross. The secretary he is the principal voice of business in the Trump Administration trying to ensure that u. S. Businesses have the tools they need to create jobs and pursue economic opportunity. He served as secretary since the beginning of the Administration February 2017. Hes got limited time with usst today so ill be brief mi introduction so we can get right to his talk. He will be leaving at thebe conclusion of his talk secretary ross is no stranger to this talk and then the panel will ensue. Commerce with over half a century of experience in Investment Banking and private equi