Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these
With the u. S. Cases jumping the most in almost eight weeks. Anthony fauci says a new mutation could speed the spread. Will tell citizens to act responsibly as pubs and restaurants in england reopened today. The nation will also use quarantine rules from some European Countries, including right here in germany. Lets take a look at some of the risk assets that could move markets today or indicate what we are going to see. S p futures, first off, actually, as i mentioned, there will not be any trading in the u. S. Today, but still a good idea to see what is going to happen in terms of risk sentiment. We see them down. That said, european futures are kind of mixed right now. Gold is trading slightly lower right now but still looks set to end the week higher and nymex upde as well down today, but above 40 a barrel. So it is relatively strong price for wti, and then finally, take a look at the bloomberg dollar index. Interesting today. It is slightly higher, but the dollar index looks set t
Joins us live tonight is pretty much what all the San Francisco, 49 ers fans was the end the game was yesterday against the vikings, but it felt like last week in just the 24 hours of waiting to see who they will play next and. I think the niners got who they want it. We officially have a matchup. It will be the second time this season that we see it but this time it is for a chance to represent the nfc in the super bowl, the Green Bay Packers will be coming to santa clara to take on the niners next week in the nfc championship game green bay beat seattle this evening, 28 to 23 to mark their spot in the championship game, the packers and got out to a 21 to 3 lead. Also a 28 to 10 lead that you know Russell Wilson and the Seattle Seahawks they were not going to go down without a fight they cut into that deficit but Aaron Rodgers hes a bad man he was able to run out the clock with 2 key thirddown conversions late in the game to feel that victory. Now is green bay at San Francisco, a matc
Road map begins with china trade concerns, retails biggest sales decline in seven months, corporate earnings in focus. B of a rallying on a beat, futures point to a muted open. Capitalism under fire a bit democratic president ial hopefuls square off and taking aim at big business and personal wealth. And billionaire marc benioff will join us at post nine. Well talk tech regulation, capitalism, ipos and who he is eyeing in the 2020 race. Stocks are on track for a modest open a day after the dow close the above 27 k for the first time in almost a month s p finished shy of 3,000. B of a beats the street with quarterly results. On the economic front, retail sales were down. 3 in september. Revisions were better. Gas stations down. 7 people say maybe this has to do with gas prices. Perhaps it does when i take a look at what is going on, if you read between the lines with bank of america, which is just a gigantic bank, gigantic consumer bank, talking about 5. 7 growth in Consumer Spending ye
Hearing on legislation governing retransmission of broadcast Television Content by satellite tv companies. Representatives from the National Association of broadcasters, at t, the cable industry, and the Public Interest group testified at this hearing held by house energy and subcommittee on communications. There we go. Will now come to order. The chair recognizes himself for five minutes. Good morning, id like to welcome everyone to the subcommittees first hearing for stellar and evolving marketplace. Id like to thank our witnesses for appearing before us to address these important issues. Five years ago passed the act, extended authorization for Satellite Television companies to provide broadcast content to unserved households. According to satellite tv industry, this provision enables roughly 870,000 customers in mostly rural to receive broadcast television signals. These customers fall into a few categories, first is households that cant receive content using an antenna. Second is