Jumped in early. And hollywood outrage that netflix has a new feature that will let you binge watch all of your shows in hyper speed. Good morning, good afternoon, good evening thank you for joining us on this busy morning the chart to watch today is beyond meat. Shares are off 9 . Posting their first profit ever but the market wanted more we saw shares fall over 10 . Beyond meat, certainly a stock to watch down 9 . An early investor will be with us in a few minutes. A double dose of breaking new in the energy space new reports that saudi aramco aiming to price anticipated ipo that will occur december 4 then the stock will begin trading in riade on december 11 separately, the wall street journal is reporting that Marathon Petroleum may spin off the speed way gas station chain. Also reporting its ceo may be replaced the situation on marathon is fluid. The correct ticker is mpc. There are two marathons. Often confused getting back to the markets. The s p 500 as you might have heard about
Beyond meat. Ten year 1. 83. Caseshiller up 3. 2 year on year road map, record watch the s p at the all time high dow and nasdaq not far behind. Streaming wars, hbo max, details coming today david is live in los angeles ahead of the warner media investor day and some tough questions for boeing what to expect as Dennis Muilenburg testifies later today. Well start with the markets, a day after the s p hits the 12th all time high and the 14th record close of 2019 jim, halfway through earnings season here. What does it all mean . I think you go back and i was going back and looking at some of the big Billionaire Hedge Fund managers and what they have been saying and almost in unison said, look, you got to be very careful. It cant last. Numbers can go back to the negative the companies arent letting it happen the companies, for the most part of, the Biggest Companies reporting great numbers. The classic one is merck last week, merck got hit down to 79. 80. Bristolmyers, a cocktail, that was
Comes out tomorrow. Again motors revealing the fourday strike will cost them 3 billion, closing up 4 . Connell fox Business Team coverage. Our top stories, Edward Lawrence live at the white house. Gerri willis on the floor of the New York Stock Exchange and Grady Trimble on capitol hill. That is where boeings ceo has been facing tough questions from lawmakers. Gerri, on the markets. First to you. Reporter start on the news. J j shares were halted for trading. Mysterious what was going on. We found out what was owing going on. The company tested baby powder, two skip separate companies tested their baby powder. Two previous bottles tested found no asbestos. Closed at 129. 12. It closed and did not reopen for the stock market. There were maybe a dozen traders standing over there waiting to find out what was going on with j j. They got their answer. Should be good news for the stock tomorrow. Additionally, 60 tested recall lots, conducted by two Third Party Labs finding no asbestos. 129.
In dc now growing. Democrats formalizing impeachment inquiry in a thursday vote, are democrats trying to set a new trap for the white house. Well tell you what that could be. The choice for voters, joe biden in trouble, even top Democrat Warning that democrat race could hit a wall in key Battle Ground states. Well explain what they are missing in the states. And awol, Elizabeth Warrens plan to pay for her government take over of healthcare, a bipartisan budget watch dog blows out of the water warren and sanders state run health care plan, it is ruin usually expensive, it could be why they have been dodging questions, and bernie claims why he does not have to explain thousand pay for it. And james comey, and adam schiff try to under cut the probe of the russia probe. I am elizabeth macdonald, the evening edit starts right now. Welcome, you are watching Fox Business Network this hour trump heading to a fund raise nir funn washington, Hillary Vaughn with more. Reporter u. S. Trade officia
Good morning. And i want to thank the witnesses for joining todays hearing on the implementation of the faa reauthorization act of 2018. One year ago, this committee wrote comprehensive Bipartisan Legislation to raise the bar on aviation safety, improve the flying experience for the traveling public, better prepare and diversify the aviation workforce and foster innovation in the u. S. Airspace. Todays hearing is a critical milestone in the subcommittees oversight work to ensure the timely implementation of the law in accordance with our intent and to address new challenges. Although the faa has made some progress on fulfilling the laws directives, ongoing implementation delays threaten the important work needed to advance u. S. Aviation and aerospace and maintain our global leadership. Our first panel of witnesses are dan ellwell, faas deputy administrator and joel savat. Mr. Elwell and zavt, i expect your testimony administrations efforts to swiftly implement last years law. I would