Good morning, and welcome to the u. S. Chamber of commerce and to launch, the space economy, our Second Annual space summit. Events such as this are a team effort and we deeply appreciate the support of our sponsors, boeing, northrop, rocket lab, oneweb, hawkeye 360, and ascend. We have been businessy over the past year. From policy discussions ranging from management of commercial aviation and space launch airspace, to small satellite encryption and deorbit insurance and commercial opportunities aboard the iss and future gateway. We even convened a roundtable with a commandant of the u. S. Coast guard regarding the need of greater use of spaceenabled surveillance of the arctic waterways. Suffice to say the chambers procurement and Space Industry Council has an everexpanding set of policy pursuits. Fortunately, we have an enthusiastic space industry ceo here at the chamber. After last years summit tom donahue bro an articwrote an ar which i will quote. He wrote, harnessing the economic
Too. Tenyear well above 1. 8 and 1. 822. A developing story from china with big implications for u. S. Companies the Financial Times reporting that the communist party now ordered all state offices to remove foreign hardware and software within three years. This could hit firms like microsoft and dell, hp, especially hard. Now analysts estimate 20 to 30 million pieces of foreign equipment would need to be ultimately replaced. The order is not yet public yet but was described to the ft by two Cyber Security firms so this is going to this is like the fallout from huawei this is the fallout from huawei everybody out of the pool at one time think about microsoft and by the way one of the names not on the list, apple. Interesting where is apple . Apple doesnt do a lot of enterprise work in terms of corporate maybe not government. Maybe not government work but. More of a consumer play i dont know. I was thinking about that this morning. Where apple plays in that. Apple is obviously threaded
The final hour and we did get some strong earnings from industrial names like Rockwell Automation and speaking of the president s speech, we will have the first reaction from the white house right here on closing bell. A live interview with top economic adviser larry kudlow in just a few minutes from now. And we will ask him for some clarity on china and the status to have the trade negotiations joining us now for the hour is steve grasso from stuart frankel. Kind of a quiet market day here, but perhaps a little bit of upward bias for a while until just the last several minutes. I think its about everything that you just touched on i think its the majority was President Trump, the expectations coming out of that speak that speech at the Economic Club. Was he going to unveil anything that the market didnt already know so once you get through it and there was nothing new that the market could bite into, the market sells off sort of an anticlimactic feel to the whole day. So we had some a
In beijing in november. A gathering of leaders with a mission to set the course for the 21st century. Jason lots more of that ahead, lets begin with the top headlines this week from the u. S. To u. K. , geopolitics front and center. Tim ross joins us with the latest on brexit. Tim, great to have you with us. Tell us what we saw this week because it seems like, just like in the u. S. , we are entering a new phase with brexit. Tim we have an election that is finally being called. Boris johnson wanted to trigger this election for about a month and he finally got his way. The country will go to the polls on december 12 and whoever wins the election gets to determine brexit. If johnson wins, his deal will go through. If his main opponent Jeremy Corbyn wins, that could very easily be another referendum. Carol new referendum so does that mean potentially we could see the brexit negotiation between the u. K. And European Union go on beyond january . Tim well, it is certainly true that is one p
November. A gathering of leaders with a mission to set the course for the 21st century. Jason lots more of that ahead, lets begin with the top headlines this week from the u. S. To u. K. , geopolitics front and center. Jeff ross joins us with the latest on brexit. Tim, great to have you with us. Tell us what we saw this week because it seems like, just like in the u. S. , we are entering a new phase with brexit. Tim we have an election that is finally being called. Boris johnson wanted to trigger this election for about a month and he finally got his way. The country will go to the polls on december 12 and whoever wins the election gets to determine brexit. If his main opponent, Jeremy Corbyn, wins, that could very easily be another referendum. Carol new referendum, so does that mean potentially we could see the brexit negotiation between the u. K. And European Union go on beyond january . Tim well, it is certainly true that is one possibility. If Jeremy Corbyn wins, you might want to