Big buy call on a burger joint you know there it is. Its yours mystery chart we start with a developing story on uber and lyft both stocks shooting higher after a Big Court Win in california deirdre bosa has more. Reporter until just a few hours ago it looked as those california riders and drivers would wake up tomorrow to a ride sharing blackout the court blinked, granting youtuber and ly e er uber and ln extension to continue to operate with drivers as independent contractors despite new regulation it is a win for uber and lyft in the shortterm it suggests that their threats to shut down service in california over the last week worked just hours before the extension, lyft told its drivers and riders it would be suspending services at midnight because the change would necessitate an overhaul of their entire Business Model and wasnt a switch they could flip overnight. In reality the writing has been on the wall for years. Uber and lyft used a tactic theyve used in other markets to avoi
Anaheim, california in the right. As marchers prepare to start walking. These protests, we want to underscore once again, at the moment are largely peaceful. But those images of violence and looting that we have seen over the last few days have businesses wrapping their storefronts in plywood and razor wire. In just minutes we will take you straight to the epicenter of the protests, the Minneapolis Regional Chamber of commerce president is here in a fox business exclusive on how and whether businesses can banish those visions of looting and damage both big and small. Can they recover from the destruction in the twin cities and quite frankly, the rest of the nation . And the age of the highly contagious covid19, it has forced many commuters dependent on Public Transportation to take the wheel. I should say wheels. Bicycle wheels. A stunning run on bicycles as demand rises higher than the tallest peak of the Tour De France mountain. Kent internationals ceo is walmarts biggest supplier of
But we begin this morning with todays eye opener, your world in 90 seconds. He was sitting in the vehicle. He came up and fired a round into the vehicle. I dont know if anything could be more unprovoked in that. An nypd officer dies in a targeted attack. A 12year veteran gunned down. She was on duty, doing job she loved. President trump is heading to poland ahead of the g20 summit and his much anticipated meeting with russian president Vladimir Putin. The Nuclear Threat has reached app alarming level. Everything that north korea developed we can obliterate them. Across the american southwest wildfires continue to burn out of control. Colorado to nevada to california. It wept up fast. Three people hurt in missouri when the house they were in exploded. Were happy there were no losses life. Frances famous cycling race became the tour de crash. Luckily the men were not hurt. A man was holding on for life during rushing water. The crowd frantically worked to save him. He was guided to safet
Than expected in october in germany, but the central bank has cut its forecast for Economic Growth. The bundesbank says it will grow 1 , half of what it called for in june. Two hours for not from now president obama will formally introduce his pick to be the next secretary of defense, former pentagon official Ashton Carter. For two years, he was the number two civilian officials at the Defense Department and the militarys top weapons fire. Protests are spreading against the grand jury decision in the eric garner case. Here in new york city, traffic was blocked. Similar protests are planned in other cities. Toew york grand jury refused indict a white Police Officer for killing eric garner, a black man, in staten island. Spacecraft the orion on an Unmanned Mission that will last four and a half hours. Theill make two orbits of earth before splashing down in the pacific ocean. Back to the top story, novembers labor report out in less than 30 minutes. We are counting down. We are joined by
Outbreak . We speak to the companys ceo, coming up. Also lyft you know, lyft are raising another 150 million right now, the majority coming from carl icahn. Coming up well discuss how much this cash and icahns name can help lyft compete with uber. More of those puns are awaiting us. The story today, bill that has everybody talking from Silicon Valley to back here on wall street. What are carl icahns intentions and what does it signal about the prospects for these two in the markets . Exactly. The dow, well start with the blue chips there, up about 3 points. The s p roughly flat. Remember yesterday with the close of 2121. That was a new alltime high for the index. The dow is still 30 points away from where it needs to be. 18,288 is the number we need to keep an eye out for. 33 points shy at the moment. The nasdaq slightly under pressure and still has a few points to go as well if it wants a new high water mark. This is the third friday of the month, therefore, it is expiration day as we