Goods this time from the eu. The big political story of the day, congresswoman alexandria ocasiocortez going after the Border Patrol during a visit to a migrant detention facility. Wait until you hear the shocking claims she is making about conditions there and you will also hear how Border Agents are responding. There is a lot going on this morning. Varney company starts right now. David nike pulling a special fourth of july sneaker featuring an early American Flag after Colin Kaepernick got involved in the whole situation. He reportedly told nike that the early American Flag on the shoe is offensive because of its connection to an era of slavery. Joining us is market watcher john layfield. John, is nike going too far with Political Correctness . Im not sure here. Like i kind of feel for nike here because they are trying to stay apolitical as crazy as that seems. They just pulled a product in china because the japanese designer had some ties to the hong kong protest as far as support.
As you mentioned, shares popped around 50 when compared to the socalled Reference Price of 26 a share. But no investigator actually made a quick oneday gain of 50 , as they might have in an initial public offering. In fact, the most any Public Market investor would have made buying and selling slacks shares yesterday is about a 9 return thats because the Reference Price is more of an arbitrary one set by the Financial Advisers in the nyse and a direct listing, so no shares were actually sold at that level. The shares opened at 378d 38. 5 rose as high as 42 and ended at 38. 62 to many, thats the beauty of the direct listing strategy versus the more traditional ipo. Theres no favoritism on the part of the underwriters and theres no money left on the table, because slack didnt raise capital in the first place. Overall, slacks debut was viewed largely as a success. And further evidence that the direct listing model works there were no crazy price swings Trading Volume was manageable, and t
And that it is financially insane to buy anything but an electric car. Hong kong is bracing for more mass protest as the extradition bill goes before them. Breaking news out of south korea. We have the Unemployment Rate coming in at 4 for the month of may. Slightly lower than was anticipated. 4. 1 . It is also lower than in the previous month, when we saw 4. 1 , the jobless rate. We have seen, when it comes in south korea, really strong growth when it comes public sector, jobs. The government trying to support the economy and working towards job creation. In the private sector, we are seeing some of that weakness. We are expecting budget coming from south korea to help job creation in the future. For now, the Unemployment Rate at or percent the month of may. Markets in asia are shifting up and go to sophie in hong kong. Some midweek caution may emerge after the best threeday gain for asian talks since january. Kiwi shares giving back some of tuesdays game. Game. Gain. Do bok is to rele
Is mornings on two. Well good morning to you. Thank you for joining us. Welcomec to mornings on two. Im dave clark. Good morning im pam cook monday morning march 18th. Pretty nice and warm over the weekend. And lets check in with Steve Paulson for the forecast. Hows it look today steve . Almost like a summer pattern here. But well still be nice inland but cooler coast and bay side 40s 50s. Pretty good. Fog bank is making its push here. So temperatures inland still some 70s coast and bay though back into the 60s. All right. Sal is here. 4 00. All good. I take it . n yeah, were doing very well. Theres not a lot going on. A couple of things maybe beginning to develop in the Altamont Passn but even there it is light. So we can see the traffic is bridge san mateo bridge or in between here on 880. As you can see, traffic is moving well at 4 a. M. Lets go back to the headlines. Thank you. Sal. San Francisco Police now say a third person has died after being hit by a car Early Saturday Morning
Devastation. Destruction across hawaii. And new questions about how the wildfire started. Any positives coming our way . Well take it. Our Community Helping hawaii. Were live with how you can donate. Team coverage on maui and in San Francisco. I never thought this shop is kind of my happy spot. Setting up more students for success. The path to help them learn the tricks of the trade. Erosion were to be in and under the road and cause the pipe to rupture. It looks like fun but thisatv riding is serious business. How a day on the beach could help the fight against climate change. Well, good morning and thanks for hanging out with us on this thursday, im Gianna Franco and i cant wait to talk about the story about the beach. Good morning, everybody, im reed cowan. Im Nicole Zaloumis and this is my favorite mug. Oh the places youll go as we continue the back to school theme. Dr. Seuss. Jess is taking us up in the sky for weather. Just jed last night i was flying over in the sierra tahoe are