After pelotons 20 drop since another we look at company with its eyes on connected fitness. C. E. O. Of mirror joins the program. But first, to our top story. Ts all about the continuing escalation of the u. S. China trade war. U. S. Markets closed lower on tuesday, this is as bloomberg learned that the Trump Administration is discussing restrictions on port polio flows into china. That includes a particular focus on investments made by u. S. Government retirement funds. Joining me to discuss bloombergs stocks editor dave wilson in new york. Dave, start with just talking to that we saw selloff a little bit today. How much did china play a role in this . Dave well, they certainly played a role to the extent that if you look at Chinese Companies here in the form of american deposits and receipts, they took a hit. I mean were talking about retailer Alibaba Holding down 4 . J. D. Com down 4 . The other Search Engine 2 and we started to see how the back and forth between up u. S. And china
After pelotons 20 drop since its ipo, we look at another company with its eyes on connected fitness. The c. E. O. Of mirror joins the program. But first, to our top story. Its all about the continuing escalation of the u. S. China trade war. U. S. Markets closed lower on tuesday. This, as bloomberg learned that the Trump Administration is discussing possible restrictions on portfolio flows into china. That includes a particular focus on investments made by u. S. Government retirement funds. Joining me to discuss is bloombergs stocks editor dave wilson in new york. Dave, start with just talking to me about the selloff that we saw a little bit today. How much did china play a role in this . Dave well, they certainly played a role to the extent that if you look at Chinese Companies that trade here in the form of american depositary receipts, they took a hit. I mean were talking about online retailer Alibaba Holding down 4 . Their rival j. D. Com down 4 . The Search Engine by do, baidu, of
it will severely impact millions of people and put the barrier island communities completely under water. joining me this hour, the acting director of the national hurricane center to update the track of the storm. i will talk to mayors up and down the coast as ian comes onshore. let s go to our meteorologist with the latest on the hurricane s path. what are you seeing from the latest updates? with each update, the conditions continue to grow dire. right now, we are seeing lots of rain and strong winds moving into ft. myers. if you look at the latest trajectory, we have this making landfall as a mjor hurricane, a strong category 4, 155 miles per hour winds. once you are in 157, you are in cat 5. they are seeing strong winds move into areas. streets are under water. i want to note that it s not until the center of the eye makes landfall that we call it a landfall. we are anticipating within the next three to four hours this will make landfall just outside of ft. myers and so
taking action naacp going to bat for jackson, mississippi residents, over the water problems will talk to the president ceo. this is american voices. we begin this hour with the aftermath of hurricane ian. a storm that left 87 people dead and counting. most of those deaths happened in florida, some of the worst of the storm. more than 700,000 florida residents still do not have power. the president of first lady will travel to florida wednesday to survey the damage. also a visit with puerto rico tomorrow to address the construction that hurricane two weeks ago. the storm killed at least two dozen americans there, and power still not fully restored. just a 10% of the island is in the dark. last night, president biden acknowledging widespread devastation left behind by these two disasters. our hearts, can t go without saying or heavy. the devastating hurricane, the storms of puerto rico, florida, south carolina. we owe puerto rico a hell of a lot more than they alread
Walter, we are unfortunately dodging rain drops for majority of the weekend. We have a break here in fail and south and east but more moisture moves in later on tonight. Storm tracker six is showing you that precipitation is, in our northwestern suburbs, tighter on street level, Storm Tracker six, shows you berks county, Lehigh County we are track ago this moisture in allentown, traveling along route 222, between allentown and kutztown, also fleet wood, reading, traveling east, milford and doyletown, we are in and out of some fairly light moisture. Despite the rain overhead temperatures are mild, high today in philadelphia 50. Right now 49, in the city. Fortyseven for allentown, reading and lancaster. Thirtynine in the poconos. Slushy, slushy up on the slopes tonight, 48 degrees. Future tracker six at 11 30 tonight we are in and out of wet weather. Make sure wet weather gear and umbrella is on stand by. Same thing holds true, pocket of heavier rain moves through at 4 30 in the morning