Sights on foxconn as they are the latest target of regulatory probes. Later in the show, House Republicans try to elect a speaker with several Party Members making their bid for the top job. The latest from washington on this monday, october 23th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets get you ready to start the trading week off with the check on the u. S. Stock futures. They are red across the board. The dow would open up 80 points lower. Stocks coming off the tough week, but the major indices shedding between 2. 5 and 4 last week. Look at the nasdaq which was hardest hit last week. Dow down 2. 5 last week. Crossing back into negative territory for the year with the 2. 5 drop. Remember, that was last week. This week is the busiest for earnings season set to provide fresh fuel for stocks. 30 of the s p 500 and 40 of the dow will be reporting. Among the notable reports is four of the mega cap tech names
Yesterday to reauthorize federal aviation programs and would enact safety protections for passengers the Senate Passed a shortterm extension to prevent the current bill from lapsing later today and the house will take up the full legislation the house is expected to vote on it next week. We are learning more about the probe by the s. E. C. Into boeing reviewing statements over the Safety Practices after a panel blew off the alaska air flight back in january. We talked a lot about it investigators focused on the comments made by the Company Executives may have misled investors in violation of s. E. C. Rules. We will hear headlines about this for some time. In fed speak, San Francisco fed president mary daly said Interest Rates are currently restraining the economy, but it may take more time to return inflation to the Central Banks goals. It sounds like higher for longer pitch. It echos remarks from the fed chair jay powell last month where daly said the uptick in price data shows you ca
Welcome to Cambridge Forum live in Harvard Square and thank you for joining us for what promises to be a timely and somewhat edgy discussion about trust. A small word that one with huge ramification today in the technological world who can you trust . It is the subject of tonights forum and also the title of rachel latest book on the subject. I director of the forum pleased to have rachel oz our guest speaker tonight on the last stop with her nine week tour which rather begs question of why is trust such a hot topic around the world at this point in history . It is a time when confidence in institution and governments this is all time low. But when theres been a huge surge in growth of shared Economy Companies like airbnb, tinder and uber statistics show that were shifting our trust away from institutions toward individuals. Or some would say strangers in areas is diverse as dating, banking, to sharing rides or hiring nannies been investigating to try to understand how technology is tr
Television for serious readers. Hello. Welcome to Cambridge Forum thank you for joining us for what promises to be a timely and somewhat edgy discussion about trust. Huge ramifications in todays complex technological world, the subject of todays forum, and the latest book on the subject. The director of Cambridge Forum, please to have rachel as our guest speaker tonight on the last stop of her 9 week tour which begs the question of why is trust such a hot topic around the world at this point . It is a time when confidence in institutions and governments is at an alltime low but when there has been a surge in the growth of shared Economy Companies like air b b and uber, statistics show we are shifting trust away from institution, and in areas of diversity, and hiring nannies. And transforming trust and exploring the implications for our decisionmaking in life, work and business. And in oxford. She divides her life and lives with her husband and two children and london. We welcome rachel
Gentlemen. Welcome to barnes and noble tribeca appeared to not have the pleasure of introducing Heather Cabot and Sam Walravens as they join us to discuss their new book, geek girl rising inside the sisterhood shaping up tech. Heather cabot is a former abc news correspondent. Investor, adjunct professor and a woman at forbes contributed. Sam walravens is an editor, recognize speaker on women, contributed to women at the Huffington Post and disney interactive. Please join me in welcoming Heather Cabot and Sam Walravens. You so much thank you [applause] we really appreciate coming out on a rating i like this. This is a super exciting moment for us because first of all we are in the same city. Which we really are because i live in new york and pam lives in San Francisco. This really is the evening before geek girl rising inside the sisterhood shaping up tech comes out. It is really a special moment for us and to kick things off, to give you a taste of what the book is about, will shave a