The highest calling of mankind ive often thought was private equity. Then i started interviewing. I watched your interview so i know how to do interviews. I learned from doing my interviews how leaders make it to the top. I asked how much he wanted, he said 250. I did not negotiate. David i have something id like to sell. And how they stay there. You dont feel inadequate now because youre only the second wealthiest man in the world, is that right . One of the most admired people in the world is dr. Jane goodall. About 60 years ago she moved to africa to study chimpanzees. What she learned revolutionize our understanding of what nonhumans can do. Today she is devoting herself to inspiring young people around the world to do much more to protect the climate and the environment for animals in africa and all over the world. I had a chance to sit down with dr. Jane goodall recently and learn firsthand why this woman, 89 years old, is still so admired and dedicated to helping make the planet
Trade, right . Charles yeah. Liz it is, once again, a horse race or a bullbear paradigm fighting it out to the death, at least til the closing bell. Fox market alert, lets focus on the nasdaq for a moment. It is treating for a fourth straight retreating for a fourth straight session, we do have it down about 137 points, had been down 210. The dow down in the red by 22 points. It did overcome a 187point loss, but it hadn higher by 237. So big swings once again for the dow. The s p has been flipping between red and green. Right now its red, down 22 points. Earnings still have a command of a good chunk of the market action. Witness whos at the very bottom of the dow jones heat map, travelers getting pelted with baseballsized hail at this hour. Shares of the insurer falling 7. 5 after First Quarter profits undershot estimates. Or travelers reported catastrophe losses due to severe wind and hailstorms mostly in central and eastern u. S. Skyrocketed from 535 million a year ago to 712 million
Of strong earnings. Airline also slashing its expected deliveries amidst boeings quality crisis. And teslas asking its shareholders to reinstate elon musks 56 billion pay package. That was back in 2018. This after, of course, Delaware Court voided that compensation earlier this year. Lets begin with the markets, set to open higher after the dow ended six straight sessions of declines. S p, nasdaq, russell did extend their daily losing streaks to three. Yesterday, as you know, the fed chair suggested that rates could remain higher for a longer period. Heres what he had to say about battling inflation. More recent data shows solid growth and continued strength in the labor market but also a lack of further progress so far this year on returning to our 2 inflation goal. The recent data have clearly not given us greater confidence, and instead, indicate that its likely to take longer than expected to achieve that confidence. That said, we think policy is well positioned to handle the risks
Weve got United Health, bank of america, Morgan Stanley, Johnson Johnson also beating on the bottom line, although different reactions in the markets. Sara eisen sits down to ecb president , Christine Lagarde discussing inflation, Interest Rates and where the central bank is diverging from the fed when it comes to rate policy. Stocks look to rebound again, similar picture in terms of the premarket yesterday. We know how beholding the market is to some of these headlines. For sure. The yields are basically still pushing higher at a pretty moderate pace, but in service of the pain threshold for stocks and the economy, this has been a similar backdrop to what we had late last year except with the economy in more secure footing it seems. We basically unwound this idea, you can have the eem mat lack disinflation, talking about the economy almost in overheat mode. What have we done or accomplished in the markets so far in april . That long streak of no 2 dips in the s p, thats over. One of t
Relations with china. Ed and we talk to an expert on a. I. And Bank Earnings. Caroline we look at chip developer rivos is about to bring its first product. We discuss the race for a. I. Infrastructure and so much more this hour and focus on the Public Markets which in the United States, relatively sanguine and the nasdaq is off by a 1 4 of a percent. Europe is trading and asia with a bench mark. And because of whats happening in the u. S. And bonds at a two year yield and jay powell we look for him and what he says about the policy with Inflationary Pressures. We look at a dollar that rises five Straight Days with the best run and the bit down is down at 62,000. Were looking at it on the micro. Ed im looking at tesla, a two day chart with the stock down another 4 . We broke the news job cuts closer to 20 and elon musk said more than 10 . We drew the story a 18year veteran and four named executives resigned and he confirmed it on social media. The milestone is tesla is 500 billion below