116. Now the nasdaq is down 335. Another part of the problem is that its the first of the month. The rent is due for shuttered businesses both big and small across the nation. The ceo of the International Council of Shopping Centers, the landlords, is here in a fox business exclusive. We will ask are the checks coming in and if not, whats the plan . Evictions, waivers . We will find out. Plus, the unintended consequences of working and learning at home. Zoom bombing, have you heard about this . Its like a photo bomb on Video Conferences from complete strangers who are hacking and weaseling their way in. Some are funny, some are downright criminal. Coming up, the company that allows everyone to sign checks and documents remotely has all employees working at home. The ceo of docusign on balancing that challenge with its skyrocketing business and stock price, up 70 year over year. Remember last week countdown was the first to tell you how 3d systems was converting its 3d printed scuba mas
President biden challenged former President Trump to two debates, and trump accepted. Oh. Yeah. Trump agreed. He said, ill be there, assuming its okay with my parole officer. The first debate will be next month, which is the earliest a president ial debate has ever been. If were being honest, an early bird debate feels right for these guys. Boom, just like that, headtohead, toe to toe, mano and mango. Trump posted, just tell me when. Ill be there. Lets get ready to rumble rumble . Ive seen your rallies. I think you mean, lets get ready to ramble. Good morning. Welcome to morning joe. It is thursday, may 16th. I just have to ask, the Question Alex asks, why is it not friday . How is it not friday, guys . Its thursday. Were grateful that god has given us another day to come in and be together. Im very grateful. Were close to friday. Were not at friday. 24 hours, itll be friday. A lot to talk about. We have White House Bureau chief for politico, jonathan lemire. We have john heilemann. Ma
Between donald trump and his rivals. A lot of attacks too. Before we get to todays other business headline wes have a developing story for you. A major magnitude 8. 3 earthquake off the coast of chile shaking the country leaving 3 people dead. Waves of up to 15 feet pounding coastal areas. A billion people evacuated. This quake was to powerful that it was felt across the continent. Well tell you more about this as we continue to follow the story through the morning. Lets tell you about the big business stories that were watching. The Global Markets are in a wait and see mode ahead of the fed decision. That comes at 2 00 eastern. You wont want to miss it. It tint stop another volatile trading session in china overnight. The shanghai composite closing down with those losses coming in the final 30 minutes. In europe the Swiss National bank keeping it unchanged but if needed it will remain active in the currency market to weaken what it calls a significantly overvalued swiss frank and then
And david powell is in london following the latest on the greek bailout talks, but first lets get you to some of the top stories we are following. Disney is at it again. The Worlds Largest Entertainment Company posted quarterly profits that were 10 better than a year ago. Results improved at the disney theme park and merchandise units. Frozen is still a big moneymaker almost 1 billion a merchandise sold. One clout, operating income fell at the disney table networks, the reason higher production costs at espn. After 20 years as the head of cisco, John Chambers one as want to survive the boom and bust cycles, and now, he is stepping down as ceo. He will move to the chairmans seat, and earlier, mr. Chambers discussed his new role. Mr. Chambers i will be his wing man, the next Frontier Forces go, to power our growth not for one or two years but 10 years, focus on tea, Strategic Partnerships and speaking, so the bottom line is chuck will be the ceo. He will make the decisions. I will be his
Nasdaq down by about 20. Lets get to the other story of the morning. Charter communications buying Time Warner Cable for 195 in share in cash and stock. That deal is about 55 billion. They rejected charter last year instead going for the comcast transaction. Todays news comes after months of speculation and after contrast dropped its 45. 2 billion merger agreement over antitrust concerns. That transaction was blocked but time warner looking like theyll get the better deal in all of this. We all looked at the comcast deal and said are you crazy youre going to get nothing when this is all over. 2 billion break up fee. But more than that you get a much higher price and a much greater likelihood that this deal will go through although rich greenfield had a very interesting comment this morning, i dont know if you saw it which suggested that while everybody thinks this will go through if people know im going to get it to airlines joe so watch out, if the government was wary they allowed the