Were expecting, up 15 , thanks to people taking more rides and also using its food delivery service, but the thing is the right hailing and Food Delivery Company still disappointed investors and one thing that wall street was focused on was gross booking. That number came in lighter than forecast and its predictions for the coming three months also were disappointing. So, despite turning in higher revenue, uber posted an unexpected loss of around 651; million, up from 157 million this time last year. Earlier, i was speaking to andrew hawkins, Transportation Editor at a new service covering the tech industry, and he told me what wall street was worried about. While ubers fundamental Business Model appears to be improving and gaining strength, its still not completely out of the woods. And what i mean by that is that there are still a lot of regulatory issues, theres a lot of Legal Expenses that the company has been having to pay. It had to make a massive settlement brought on by a Class
Revelation that new wall will be built at the border. The fury from fellow democrats and another move to deter migrants announced overnight. Hot off the presses, a surprisingly strong september jobs report. That is good news, but could it also mean higher Interest Rates are here to stay . Well, we made it to friday. Thanks for being here. Its 10 00 eastern. Im Ana Cabrera Reporting from new york, and this morning as tensions simmer on capitol hill, donald trump is inserting himself into the mad scramble to find the next speaker of the house. The de facto head of the gop endorsing longtime ally jim jordan overnight calling him a, quote, great choice. This as multiple sources confirm trump is consideration a visit to the capitol next week, right as jockeying and votes for speaker are expected to reach a crescendo. Also significant, it would mark his first visit to the hill since the january 6th attack. Joining us now, nbcs Julie Tsirkin on capitol hill, brendan buck, Press Secretary for
On your screen there the Podium Set Up at the Department Of Justice where federal officials will be holding a Press Conference to announce Bribery Charges against democratic senator bob menendez along with his wife nadine. Well bring you the remarks when they begin. A Federal Grand Jury allege they received, quotes, Hundreds Of Thousands of dollars in bribes using his influence in washington to enrich several new jersey businessmen, as well as the egyptian government. As for menendez future on capitol hill, a source says he will be stepping down as chairman of a committee while this goes on. We are awaiting that News Conference to begin. Ken, what else is inside this indictment . How serious are the charges . Reporter extremely serious. This is a Bribery Indictment against Senator Menendez and his wife nadine. This involves new jersey businessmen who sought and got the senators Assistance Intervening in criminal cases. The indictment says menendez went into Business Transactions for a
about the war in gaza this weekend to be mindful of the fear and distress injewish and muslim communities . it comes as the chancellorjeremy hunt has distanced himself from the home secretary s controversial comments yesterday, when she accused the police of showing favouritism to pro palestinian demonstrators. mr hunt said suella braverman s remarks were not words that he would have chosen. some senior conservatives claim what she said was unacceptable . our political correspondent charlotte rose reports. did you forget your resignation letter, home secretary? - with less than 2a hours until tomorrow s protest march in central london over conditions in gaza, the row over suella braverman s future as home secretary rumbles on. this morning, the chancellor became the latest cabinet member to distance himself from the remarks in her times article. the words that she used are not words that i myself would have used, but i have a productive relationship with her as a colleague
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