Sadly, on that day, the Intelligence Community Inspector General formally notified the congress that the administration was forbidding him from turning over the whistleblower complaint. On constitution day. This is a violation of law. Shortly after, reports began to break of a phone call by the president of the United States, calling upon a foreign power to intervene in his election. This is a breach of his constitutional responsibilities. The facts are these. The Intelligence Community Inspector General, was appointed by President Trump, determined that the complaint was both of urgent concern and credible, and its disclosure, he went on to say, relates to one of the most significant and important of the director of National Intelligences responsibilities to the american people. Thursday, the inspector testified before the House Intelligence Committee stating that the acting director of National Intelligence stopped him from disclosing blocked him from disclosing the complaint. This i
Ceo of bp dudley to retire hong kongs leader evokes Emergency Matters as she battles to contain ongoing unrest. This morning, i call a meeting. The chief council decided to evoke the emergency ordnance to the prohibition of Face Covering this will come into Effect Tomorrow a warm welcome to street signs. Lets look where things stand on the final day of trade it has been a volatile day of trading. Up a third a percent and follows a choppy day yesterday for markets worldwide. Global markets being supported by mounting expectations by another fed rate cut at their meeting later this month to put this move into context. Yesterday, the nonmanufacturing ism number initially dropped lower and price in another fed rate cut that is continuing today in europe we are seeing gains widespread ftse 100 higher at 0. 4 . The dax reopens today. Factoring in the impact of the wto ruling and u. S. Tariffs to come into effect lagging the Broader Market overall green across the board diving into the sector
We speak with the vp of augmented and virtual reality. And rapid climate adaptation. Billionaire bill gates wants to help invest nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. Wework, it was the roadshow that was not this week. One of the most anticipated debuts of the year is now postponed until october. The shared Office Space Provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. Remember that, at this was one point, supposed to be a 47 billion company. That number is now 15 billion and could be perhaps even smaller. Joining me to discuss this all was phil hazlett, cofounder and chief revenue officer at equity is zen, a marketplace for preipo shares. And bloombergs crystals the. They have a lot to address before they can go out to the investors and ask them for their money. Like you said, they were looking for a 47 billion valu
Launches lofty goals to combat climate change. We will have details. Last, a new york based Cloud Software company data dog sees a pop in shares after the company goes public. We will hear from the ceo. First, huawei launching its first highend smart phone since the Trump Administrations blacklisting. On thursday, the Telecom Giant announced its pro fund. Its pro phones. They pack a punch, including 5g capabilities, but all eyes are on that software and those huawei phones are running a free and open source version of googles android operating system because the u. S. Blacklist prohibits them from getting the official version from google. That means no Google Play App store to get programs like google maps. To tell us more, bloombergs Consumer Tech reporter, mark gurman. Talk to me about 5g. Huge deal . Mark 5g is going to be a massive deal at the end of next year in the u. S. Around the time the next iphone is going to have it. Right now, youre seeing more and more 5g Networks Coming
Well and apple. That event is just wrapping up now. Announcements shaking out in the stocks of different competitors. Were going to fill you in on all of that action but joining us for the hour is steve grasso from stuart frankel. Steve, great to see you. Good to see you its amazing. Not necessarily a major move for the averages today or right now. Everything is slightly lower and actually, if you look at the week, the dow is actually flat so far to start off the week and yet theres been this great rotation talk to us about that. The rotation is coming out of growth into value. How long does that last is how long the market will be under pressure and for now, it probably will last a little bit longer, but get a trade deal, throw everything i just said out the window and you see everything rally back people are making the analogy back to 09 and 2016, with this rotation that lasted for a couple of weeks. I dont think it will be that long do you really think were going to get a trade deal