I hope you invited her to fix it. She will be a guest. 2020. Theres always hope. Japan and china agreed to meet with south korea. They will try to figure out these territorial disputes, including the china sea, drilling rights. In the u. S. , we have retail sales that 8 30. That is important. 56 of u. S. Gdp is due to consumer spending. Add in health care and you get close to 70. Darden restaurants will also have earnings at 7 00. One item of note this is big. We all need new iphones because the new phones are going on sale. You can preorder. I am not sure when you can pick it up. A couple weeks from now. Ear was an indication, it could be a couple months. We heard the site was down this morning. It is up now. I talked to josh. He made clear the big one. Big battery. It is all about the battery. That is the extent of my knowledge. It is bigger so i can play spider solitaire. I want to play destiny. Minecraft . Lets do a data check. It is a big nothing screen. There is a lot more going
Velshi, and this is real money. This is real money. You are the most important part of the show. Tell me what is on your mind by tweeting at ali velshi. So many of you have been. I appreciate that. With the ipo, i considered changing my name officially to alibaba. The giant chinese ecommerce and its ceo pulled off something that 88 million americans had never heard of. Antoday it took the New York Stock Exchange two and a half hours to process all the trade orders for the stock. When trading fine ligand alibaba opened at 92. 70 up 30 from the initial price set of 68. By days end, 267 million shares had traded hands and the stock closed at 93, and its larger than amazon and ebay combined. And jack mas stake in the company is worth 18 billion. What about the restitution o ofwhat about the rest of us. The odds are we didnt get the 68 ipo price. If you got it, you probably got in even higher. Usually Retail Investors get 10 or so where the majority of stock goes to Company Insiders and inv
Lets go next. Please. Hes a total disgrace. Did you run by your decision to dismiss the Inspector General by senator well get off this because people want to talk about what were talking about but let me just tell you something. Thats my decision. I have the absolute right. Even the fake news last night said, he has the absolute right to do it. But ask him why didnt you go and see the actual conversation . There was no rush. He said, oh, we have to rush it. He even said it was politically biased. He actually said that. The report could have been you know who the whistleblower is and so do you and so does everybody in this room and so do i. Everybody knows, but they give this whistleblower a status that he doesnt deserve. Hes a fake whistleblower. And frankly, somebody ought to sue his ass off. All right. Its enough of the whistleblower. Go ahead, please. The governor of new york today said that he is still desperate for ventilators and that he has accepted a thousand of them from the c
There is much more on the coronavirus on our website, and of course you can also try the bbc news app. Now Sharanjit Leyl has all the Business News live from singapore. As wall street reels, president companies Republican Leaders to make a plan to cushion the economic blow caused by the coronavirus outbreak. And with all this uncertainty, is now a good time to invest . We will hear from now a good time to invest . We will hearfrom a now a good time to invest . We will hear from a famous investor who says yes. Hello, and welcome to Asia Business report. Im Sharanjit Leyl. We will begin with the markets, because there is yet more volatility. Asian shares are going lower after yesterdays gains, we are taking a look at japans nikkei 225. Tokyo yesterdays gains, we are taking a look atjapans nikkei 225. Tokyo is flatted to lower. Australias s and p asx 200 is currently down by about 1. 596. P asx 200 is currently down by about i. 5 . S p. P asx 200 is currently down by about 1. 5 . S p. Thi
Chaos. We have these state responses. Some issued stay at home orders right away and others much later or not at all. And its still really hard to get tested for coronavirus in most states until youre already sick. For those who do get sick were seeing shortages of protective equipment for the doctors and nurses treating them while also trying not to get sick themselves. Major shortages of ventilators nationwide making governors to bid against each other to try to buy them like theyre on ebay. Andrew cuomo whos become the face and the voice of desperate governors expressed on thursday just how imminent the danger is. At the current burn rate we have about six days of ventilators in our stock pile meaning if the rate of usage, the rate of people coming in to hospitals who need ventilators, if that rate continues in our stock pile we have about six days. Now, if the apex happens within that timeframe, if the apex increases, if the pay sapex is r we have an issue with ventilators. And joi