Attention to me at this time. Thank you for attending. Just briefly for those that may not know your background you are the 75th postmaster general. The first one is behind you i can see, Benjamin Franklin, that he was the inventor of the post office, Postal Service. You are a native of new york. You went to college in florida and then he went back to your families a business and you built it up, moved it to greensboro, North Carolina, build it into one of the larger Logistic Companies in the united stateses ultimate merged with another company of been involved in philanthropic activities at my alma mater, Duke University among other places so thank you for giving us your time today. Let me ask you at the outset, when you agreed to become postmaster general did you realize youre going to get this much attention . Because its not normally the most famous position in washington, d. C. And about many people can name your immediate predecessors. You are very well known. Did you expect you
Good to see you. Cant wait to talk to you about all of those things. What kind of a grade would you give on the direct listing yesterday . I would give it an a. It didnt have the wild volatility or a huge amount of money left on the table that traditional ipos have. I think it was a pretty good day for direct listings. Spencer, good morning, you took zillow public nearly a decade ago if you had to do that again with a company, that is the same, would you do Something Else . I would either do a dreskt listingov or a spac merger. They dont allow the company to leave money on the table we went public at 20 a share. We closed at 37. So we lost a lot of money on the table for an ipo so i think that there is a lot of innovation in the ipo space since a decade ago when zillow went public and i think there is now great alternatives available. Its julia here we look forward to sees what you do with your speak a question for you now that it is a public company. We have seen so many of the Public
We were up 259 earlier. S p 500, as you can see, it is up more than. 5 . We just came off the best sixmonth performance for the s p actually since 2009. Youve got the nasdaq higher right now, up 1. 5 . All of this, were watching. Were watching washington. House speaker nancy pelosi, treasury secretary Steven Mnuchin are continuing their discussions over this coronavirus stimulus bill that could pour trillions into the economy and help airlines, Small Business owners and the unemployed. We will have up to the minute details on the state of negotiations as they go on right now in washington. Then the travel industry is desperate for help from congress as a new study says the Hotel Industry might not be able to hold out much longer. One of the nations top hotel owner operators is here to tell us how his company is handling these challenging times. Hes here in a fox business exclusive. Meanwhile, pepsico is popping as people lock down at home during the pandemic, turned to its snacks and d
And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman has a look ate Economic Data and we have the latest on the stimulus notions its been a little jumpy. A little fitful action it is shuttling up and down within that range. It seems as if the market is trying to shake out the people or the al go riridg al algoriths the year to date chart, we remain here. We keep pointing out its kind of this, you know, upper range above the year to date break even level it is about 1 , 1. 5 up from this level in the 3400s. People say maybe represent an upside break
Here is cnns Brian Stelter. Welcome to another virtual wide talk los angeles event. We welcome Brian Stelter to the series and welcome back jeb apatow. All those videos are in our youtube channel. Tonight we discussed brians book hoax donald trump, fox news had a dangerous distortion of truth. Welcome again to both of you. I will let you take it from here, judd. Host thank you. Im so excited. I read the book. Guest have you actually read the book . Guest on michael theres other people that interviewed you, ive read the book and not only that, but i highlighted it. [laughter] ive made notes. This phenomenon doesnt really happen in movies where they dont watch the movie but it happens with books. Debate. People talk about books without reading them. I had a chance to look at it. I just want to be a better journalist than everybody else. I feel like i can do better than rachel matthau. That is my goal is to go deeper than she did. We have more time. Congratulations on the book. I thought