Import and inflation data. Lets have a look at other price action, some of the stocks to watch. As the yield is lurching lower, some changes, but look at the dollar spot index as it moves to the psychologically important 100 level. A bit of appreciation as we had malaysian bonds kept on watch. The ftse index weve been talking about. 9 sinceices are down september 15. Thats currently what we have and we are seeing prices recovering a little bit, two cents. 17. 84 for an ounce of silver. Lets take a look at what else is going on. Weve got events in hong kong, certainly leading to corporate there. Perhaps trying to get on the right side of the narrative, which is the subtext behind the protests on the streets of the territory. Heres su keenan with the first word news out of new york. Su lets get to it. Second hong kong developer says it will offer land for Affordable Homes if the government moves to invoke legislation. The South China Morning Post says Henderson Land will provide one mill
We will everyone to this morning his hearing on oversight of the Trump Administration. Id like to we will members of the subcommittee on oversight to investigation, but is hearing. We are very happy to be working on the supporting issue with you all today. I also like to thank all of the majority and minority members and staff his above subcommittees for the coordination and flexibility while planning is hearing particularly given the cancellation of the yesterdays vote. I want to note that because of the cancellation modes, and every member is able to be here today. I did make a point of talking to mr. Colin, and mr. Bhatt to be assured that they were okay with proceeding and they assured me that they were right said mr. Big, mr. Selden will be here. We do appreciate that flexibility and her opportunity to learn more. Two probate issues about this matter. I really do think the hearing in many ways is overdue. For two and half years, the administration has been allowed to arbitrarily t
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
Strategy and a new hiring feature. First, our top story. More worries for wework. Pressure is mounting to oust ceo adam neumann after the delayed ipo. The board was supposed to meet today but they are likely going to meet later this week. Ellen huet covers startups and she joins me. Why the shakeup . Ellen insane week in the last week or two. Pressure first to delay the ipo and now it seems like there are reports to consider replacing the ceo, adam neumann. A lot of back and forth within the board. Maybe delay the ipo october and later. We seem to be watching as it unfolds. Possible Board Meeting this week, not expected today but likely very soon. Taylor who wants adam neumann out . Ellen that is most likely softbank. They hold two board seats. It seems like they also have support from benchmark. One board seat has been an early investor. Some viewers they remember was also instrumental in the ousting of Travis Kalanick from uber. It nevertheless remains, at least softbank and benchmar
Is fundamentally committed to the realization of human rights and human freedom around the world, and im so very pleased to be in new york working to advance that noble mission. A longtimes republican activist who previously served as u. S. Ambassador to canada. She expressed again extraordinary gratitude for the bold leadership of president trump. The president has no plans to meet with his iranian counterpart while in new york for the yuan General Assembly later this month. Treasury secretary Steven Mnuchin said today that the departure of john bolton as National Security advisor will not dramatically change the administrations position on iran. President trump says he would meet with president rouhani with no conditions to discuss Irans Nuclear program. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im she