Your thanksgiving table. Which is only a few weeks away. Great way to start the show. I will definitely say there is a toxic atmosphere developing for ipos. News this morning that endeavor is delaying going public. Thats an entertainment and Sports Company and this is the second time its delayed. Weworks ipo also clearly in trouble. More on that in a moment. Pelotons debut yesterday was not good. The offering price, 29. It closed the day at 25. There are a lot of new companies that people might like to buy into. But it seems that the valuation of many is just too high. May i use the toxic word again . Try this. A toxic environment for vaping. The cdc reports that 52 jump in vaping related lung illnesses. This is now a hot button issue with a Legal Industry under sharp attack. Vaping came in as an aid to quitting smoking. Its not looked at in the same way now. Lets change the subject. Wait until we see wait until we tell you how much Jerry Seinfeld is getting from netflix. Wait until we
While futures are off their highs following the release of that complaint but we will still be up about 50 points on the dow, up maybe 4 on the s p, 4. 5 on the nasdaq. We were higher than that before the whistleblower complaint was released. We have come down a little bit but not that much. Look, this is going to be a very big day for politics and of course, for your money. You are going to see Speaker Pelosis news conference. Thats in our 10 00 hour. The speaker owns the impeachment process. She favors quote, a quick, narrow impeachment probe focused on ukraine. Hold on. Theres a great deal happening on the corporate front as well. First off, peloton goes public at 29 a share. This is another big name ipo which is losing money and its facing lawsuits from music stars who want more money for appearing on the peloton workout screen. We will show you the first peloton trade. How about this. An aboutface for mcdonalds. Yes, they are planning a meatless burger. Watch beyond meats stock go
They blame higher costs, they blame amazon for the competition in shipping, and of course, they are blaming china and the tra war, blaming the Global Economy as a whole. We have a huge show for you. Look at this lineup. Senator roger wicker will be grilling social Media Companies on the hill next hour but we have him first. Sarah Huckabee Sanders on that fiery Cory Lewandowski hearing. Martha maccallum on Elizabeth Warren getting grilled by Stephen Colbert. And tom brady and Dennis Rodman are on the show as well. Wow. What a lineup. All the big names are here. Im david asman in for stuart. Varney company starts right now. David we have some breaking news from President Trump. He just tweeted out quote, i have just instructed the secretary of the treasury to substantially increase sanctions on the country of iran. Check oil, it is now trading after hours, remember, it came down tremendously yesterday, its still dropping. Now its under 59. Looks like its headed to 57 a barrel quite a dif
Stories this morning. Urgent warning. Health officials discouraging people from vaping as they investigate new deaths potentially linked to it. Five people have died. Hundreds more developing a mysterious lung illness. How Health Experts are trying to track down the cause. Celebritys plea. Desperate housewives star Felicity Huffman asking for no prison time in the varsity blues case. What prosecutors are saying this morning and how husband william h. Macy has said this has affected their family. Going for history. Serena williams looking for a recordtying 24th grand slam title. The opponent who stands in her way. Can the tennis champ put the past behind her . With the help of a royal supporter in the stands. Should be a good one. Good morning, dan is off. We are so happy to have mary bruce filling in. Good morning. Good morning. Thank you guys. So great to be here with you. Making the trip from d. C. Good to have you here. We start with a busy morning. Hurricane dorian whipping up wave
And what im monitoring is the winds that are expected to kick up tonight. Ill let you know which spots are going to be the windiness coming up in 10 minutes. Sounds perfect, thank you very much. We begin this morning with an event in San Francisco. We got a live look at chase center for you this morning. This is where metallica ushered in a new era last night playing before a packed crowd. The first ever event at the warriors new home and a good test run on traffic flow. Metallica and 72 members of the San Francisco symphony filled the arena with music. 20 years after their first collaboration, it is still an exhilarating performance. You better be on your game and so its thereses a dare element of that thats sort of really appealing to me and to all members of metallica and we just love when the safety net is pulled away. Police and muni workers were out in force making sure things went smoothly. Lots of people said they took muni to the event saying it was crowd but efficient. We hav