President ial election and states are struggling to update election systems. What it means for voter privacy and Election Security. Uber is out with earnings and it is not a pretty picture. Shares falling in after hours training on monday after hours trading on monday. Growth bookings missed estimates. Also light of estimates, uber eats and platform consumers. In tom white,ng analyst with da davidson, who makes a market with uber and lyft. Someone said he is a little bit surprised by the reaction given that they are a little bit more positive than negative. When you look at the top line numbers, the revenue number was really strong. What the rates tell you is that uber is cutting down on subsidies and showing the improved take rates for both rides and eats. Rides growth, booking growth, Revenue Growth all in line is a sign that they are focused more on profitable Revenue Growth. Taylor tom, you can see the fullyear adjusted ebit are loss, how much is that an encouraging sign they are a
40 attorneys general are setting sites on google. It could be a preview of coming attractions when you hear facebook, amazon pop up. First on the google fight, Hillary Vaughn outside of the Supreme Court. Hillary. Reporter almost half of the country state ag are joining forces to investigate silicon valleys biggest tech companies, the first on their list is google. State watchdogs are taking action, looking into whether google is guilty of undermining the competition by buying out startups and ultimately harming consumers through lack of choice. Over 40 state attorneys general are joining the effort and will hold a press conference here on the Supreme Court just two hours from now. Google is responding to this investigation saying they have endured numerous probes related to antitrust globally and are willing to work with regulators, writing this, the doj is asked us to provide information about these past investigations. We expect state attorneys general will ask similar questions. We
Oversight of the department of Energy Research and development enterprise. Welcome, mr. Secretary. Were delighted youre here today. This committee has jurisdiction over the department of energys vitally important science and Energy Research and development activities. The laboratories and facilities so i hope we see you much more frequently from now on, and i look forward to working with you throughout this congress. With the budget season mostly behind us, id like to bring just a few minutes and a few items to your attention. Ill start with the good news which is that despite the administrations best effort to make draconian cuts across the board to deo research and Development Programs, most actually fared well in the house of representatives. Im particularly pleased to see the increases to the budget for arpae and the long Programs Office both of which have yielded truly transformative results for Energy Technologies of all types. Im also quite happy that the house supported a subst
Im Melissa Francis this is after the bell. There we go. S p 500 ending in negative territory. Both down 3 on the day. Fox Business Team coverage. Gerri willis is on the floor of the new york stock exchange. Edward lawrence where a lot of action was in jackson hole, wyoming where fed chief Jerome Powell was speaking earlier. Phil flynn watching action in oil and gold from the the cme. Hillary vaughn is at the white house. Well start with you. Reporter white house trade advisor Peter Navarro was on fox business this morning. He said that china continues to pay the price in this trade fight but he also said later on fox news that we have more bullets in our gun than they do. He says china exports over 600 billion to the u. S. We export about 100 billion. So he thinks that the u. S. Still is on top even though china has taken new action against u. S. Products going into their country. The president though on twitter promising to respond to this sometime this afternoon. We havent heard any
The Halftime Report starts right now. Welcome. Its good to have you with us on this tuesday our Investment Committee, joe terra nova, johnna jerian and marian bartell lets begin with apple second best performer in the dow. Stock topping 213 this just has been quite a comeback, jim. We had that big selloff the day that the latest tweet on tariffs came out about 2 1 2 weeks ago steadily climbing black. A barometer for the market, a little bit of give from President Trump on china negotiations first there was the delay of the tariffs, then there was the talking with the apple ceo tim cook on friday where he said he made a believable case and a discussion he had with the ceos of three major banks so apple as with the market i think is perceiving that maybe there is some recognition from this president that the tariffs have done what they could do and any more will hurt and maybe the market thinks well get a sooner resolution. Were only 20 bucks away from an alltime high yeah who would have