Thing for these guys. The last year when we were wrapping up the summit and we were talking, kind of saying jeez how well that went and doing selfcongratulations. We got serious. And said to ourselves what do we need to do better . And we will ask you later after we wrap up to dwif us your feed back for this year. Last year we were going through that, a cup of things were apparent to us quite quickly. One was as tish likes to remind me, we need to always be thinking about diversity on the panel. And well continue to do better on that. The second thing that we thought about was you know, this intelligence business is increaseingly an international business. And so we knew we wanted to do something that brought an International Flavor to the summit. This year. I wont preach, but the business of intelligence is no longer about just secrets. Its a Global Business now. And no nation can maintain the Global Awareness that they want in the Information Age without corporation. We gt a got a go
The last year when we were wrapping up the summit and we were talking, kind of saying jeez how well that went and doing selfcongratulations. We got serious. And said to ourselves what do we need to do better . And we will ask you later after we wrap up to dwif us your feed back for this year. Last year we were going through that, a cup of things were apparent to us quite quickly. One was as tish likes to remind me, we need to always be thinking about diversity on the panel. And well continue to do better on that. The second thing that we thought about was you know, this intelligence business is increaseingly an international business. And so we knew we wanted to do something that brought an International Flavor to the summit. This year. I wont preach, but the business of intelligence is no longer about just secrets. Its a Global Business now. And no nation can maintain the Global Awareness that they want in the Information Age without corporation. We gt a got a good start. We need o kn
Power lunch starts right now and welcome to power lunch, im Michelle Carusocabrera despite ges drag, although were watching to see if it goes positive, major averages are hitting record highs again dow, s p 500 on track for their sixth straight week of gains check out some of the movers the Home Builders are higher, the etf that tracks them, itb, trading at a more than tenyear high on pace for its eighth consecutive weekly gain. P mp p g down 8 . Paypal rallying on its earnings beat brian . Thank you very much big day for the markets, big day for the markets really they say everything is bigger in texas including todays power lunch because guess what, were back in houston and with the billion dollar buyer, himself, hanging out with his new toeam, the houston rockets. 2 billion buyer of the rockets. Going to join us for the next couple hours we have great guests we got the mayor on, might get a visit from cp iii and james harden, and the man many consider to be the best Hedge Fund Trade
We have the brexit show coming up, brexit negotiations over last week. Beopean stocks seem to pretty steady. There hasnt been that much move over the last five days. Study after yesterday. Concern that of the u. S. Tax reform plan is encountering stumbling blocks. Gains, asng back some theres not so much of a risk. You can see the vix index up 5 . Heres nejra cehic with first word news. Nejra President Trump has arrived in vietnam and delivered a speech. He said that washington will only make trade deals with countries that play by the rules. Not formally will meet with Vladimir Putin. There has been speculation that the president and his russian counterpart what cost talks today. Letident trump will not the United States be taken advantage of anymore. Put americagoing to first, the same way i expect all of you to put your countries first. The u. S. House ways and Means Committee has approved intervention of tax cut plans. Bill costs have been trimmed, while adding limited Liability Co
Good wednesday morning im Carl Quintanilla what a morning markets are not moving much. Travis kalanick is stepping down as ceo from the company he founded back in 2009 in a statement he said, this is a Bold Decision and a sign of his devotion and love for Uber Kalanick will remain on the board. Joining me is executive editor kara swisher who famously profiled travis in vanity fair. Not long ago, well walk through what our discussion entailed. He was the ceo of a mess they are cleaning up now. Thats pretty basic. They are resistant to remove a ceo in the founder of technology, but a number of things have been going wrong from the Sexual Harassment allegations, the retaliatory behavior, to the gray balling, it just adds up to a really situation there where they understripped some of the responsibilities from him. And they decided to act because they were worried about their investment interest, i think. Kara, from a fundraiser standpoint can we be that specific yet . From the ipo standpo