Mobility t in 2008 and 09, matt kaywood spent many grad School Nights in a san franc rco labearching a. I. And neuroscience. But getting home meant guesswork. Which of several buses might show upfirst . That type of information was nol yety available. When they first producedre time live information, i my problem, id nave to solve wait out in the fog again. But the problem was there wasnt a singlet place to get all. Reporter in his free time, kaywood began developing a platform to get it all. Buses, rails, car Services Like scooters too. , bikes and in 2013, he was working inc. Washington, hen he took a prototype to a mentoring group for entrepreneurs. And thats where he m ryan croft, a Tour Company Owner whoseen travels had t him to 50 countries and 100 cities. They all had poor traffic. Information is king. At the time they need it, they n make an informed decision. Reporter they started bootssrapping a busi transit screen. Along the way a former u. S. Resident took notice at a start
Bolton and mike pompeo as folks who were complicit in these arrangements the testimony of Gordon Sondland had been widely anticipated because hes one of the only witnesses being called who has spoken directly with the president. There is uncertainty over how many times he spoke with the president , but hes someone who appears to have the president s thinking and now in his Opening Statement he will say that he believes there was a quid pro quo. Guys, back to you. Really quick, the times this morning also adding another layer that he kept the secretary of state mike pompeo perhaps more informed than we were previously led to believe. Any sign of that in the testimony that you have seen reporter the testimony itself is 19 pages long for his Opening Statement. So were still digging through it and, of course, well hear him deliver it in just a few minutes. But one thing we also do know is that he largely confirms the account of a state Department Aide who says he overheard Gordon Sondland
Nasdaq once again there was a decided lack of volatility. At the close, they had very modest gains. It was enough. The dow rose 39 points. Thisas not just another record powered by stks. This shows some strength in unexpected places. That could mean new opportunities for invests. Another quiet run today. Led by real estate staples. Its been a solid day. Pushing sectors to new highs. Not only is the market cap rate but the equ rated vergsz of that index is also at new highs. It carried thead b index higher. The gains are more broad based. Thatoo really news, investors love that. The fact is, value and Growth Stocks are hit new highs at the same time. Thats a little unusual. Value stocks, things like bank stocks. Beyond that, a defensive cyclical names are hitting new highs. Alth care, nal highs, right g with cyclical Like Technology and communication services. You s . It seems like every time one sector falters, another its play. And much of that optimism has been fueled by positive tra
That news as meaning the u. S. And china a closer to finalizing phase one of a trade deal. Eunice yuaneinjing for us tonight. Reporter china says the two sides hav agreed in principle to roll back some of the existing tariffs in phases. The Commerce Ministry said the negotiators have been discussing this the past two weeks. And the Ministry Said that for a phase one agreement to bed reacome of the additional tariffs have to go. Beijing wants the tariffs lifted at the same time by the same amount. How much could be negotiated. And a spokesperson said the time and place of a deal signing has yets to be decided. And after the remar the state media has been laser focused on the point that if tariffs are not removed there is no deal. Ats been one of beijings kor demands. The papers also efrpzed that tariffs need to be lifted simultaneously and indication to the chinese that china and the u. S. Are considered equals. Perhaps the way to make it easier for the Trump Administration to meet beij
Carl quintanilla with Morgan Brennan and jon fortt. Interesting monday morning getting news a few moments ago that the president met with jay powell earlier today, tweeted about that got a statement from the fed as well as the market tends to struggle a bit this morning for some direction joining us, michael puree vis, and pete stall good morning, guys good to see you both good morning. News from the fed first and then the white house is interesting. What could they have to talk about . Seems like the macro i think it is interesting you listen to any Earnings Call in the last six months, how many of them are belly aching about cost of capital not hot enough, not low enough there was some belly aching about trade. And Dollar Strength, sure, but the Dollar Strength has been persistent but hasnt been dramatic not a reply of the 2015 and 2016 which threw earnings off it has been a gradual steady rise that allowed ceos to manage more effectively, at least to manage the street better on that