More than a few books at this point, they seem to all or lease a couple of them have the title how we became something. [laughter] you might want to steer clear of that or explain that at some point. Anyway, today the format is going to be that i will engage ross in a conversation about the book. I actually had the pleasure of reading it really is an interesting book. Not the typical harangue on think the way things are, but it takes a nice tact to explore whats going on in our culture. Once he and i have exhausted each other, we will then open up a conversation to the rest of you so there will be people here with microphones. If you have a question, please raise your hands and they will approach you. Dont be alarmed, make your question, ross will engage you. And of course, as i always do i implore you to phrase a question to people. But the more time ross has to respond the better for everybody. So if you can avoid making a speech that would be great. Just a nice pointed question. Aga
Mayor cos will get a vote expected to happen shortly. A top priority remains covid relief. President biden held a meeting with ten republican senators looking for a bipartisan agreement, but theyre pitching a bill one third the size of President Bidens proposal. Ill ask democratic senator chris murphy if a way Forward Together is even possible at this point. What both sides do agree on, though, we need more money for the vaccine rollout. The hiccup to that rollout this morning, the weather. Coming up, how many east coast states are still trying to sidestep the snow and get back on track. Well get to that part of the story in a moment. Lets get to our reporters focused on the action in our nations capital. Shannon pettypiece at the white house, Garrett Haake at his post on capitol hill and jacob sober rof following the implications of this administrations Immigration Policy and miss petedy piece well start with you at 1600, walk us through the Executive Actions President Biden is expect
Road map begins with the curse of the unicorn uber under pressure again. We have that softbank disaster after the funds wework debacle. Masa son saying his investment judgment was poor. Hp rallying ahead of the bell, the target of a potential takeover effort by xerox well start with uber. Shares facing more pressure after hitting an all time low yesterday. Company reports another billion dollars in losses as you know and the post ipo lockup period is expiring, freeing up a billion shares for trade the take among some is the shares are so underwater, maybe the expire doesnt mean as much. I dont buy that reasoning. I think that what matters on the conference call, they committed to losing money. Now they committed to making money in 2021. The patience level is lost here. I think this is one of those stocks where you say why do i need this, i can buy i can name ten other stocks and the kinds of stocks that are going up are value stocks, this is the ultimate of what youre not supposed to b
Whole new level. We have details on a new combo that defies logic. It is wednesday, it is septembe starts right now. Wednesday morning. Take my blues away. Wednesday morning. Its going to be a brighter day. Wednesday morning. Its come so many times before. Cheryl welcome to fbn a. M. And good morning. Im cheryl casone. Lauren good morning. Im lauren simonetti. Cheryl it is fed decision day. Lets take a look at how your money is moving this morning as all eyes turn their attention to jay powell and company. Weve got slight losses in the futures market, the dow is down 31, nasdaq down 11 and three quarters. Lauren the yield on the 10 year treasury stands at 1. 78 . Down again today, 3 basis points. Cheryl oil heading south again after the saudis said full Production Capacity will be back on track. The oil, down 40cents, 58, 98. Lauren stocks in asia closing the session mixed. The nikkei down twotents of 1 . Cheryl european investors are waiting on the fed decision today in here this coun
Tumbling through the air. That is a horrific site. How he walked away after going airborne. A blast from the past. Why sony is releasing a new walkman. And from tom bradys performance. And wide, wide open. To the game that ended in a tie. The player wearing a watch worth hundreds of thousands of dollars on the field. We have the most talked about moments from the nfl on this monday. Good monday morning, everyone. Thank you for joining us. We begin with four crew members still missing, more than 24 hours after their cargo ship capsized off the coast of georgia. The nearly 700foot ship called the golden ray was about to depart for baltimore when it make a turn and eventually flipped on its side. The fire is out and the black smoke is no longer visible, but the ship needs to be stabilized before rescue crews can search inside. Ines de la cutera is joining us with the latest. Reporter good morning, janai and kenneth. The ship is partially lost off the coast of georgia. And rescue workers a