Japan, marginally lower, korea marginally higher. Overall trading, youll see right now looks like things are looking up across the board. Dax and cac up by 1 . Take a look at the price of crude oil. Last week, crude oil was down by 2. 50. This morning, around 36. 76. Andrew. Weve got a cub ouple of bi news stories. Alaska air officially going to buy virgin and they beat out jetblue. Well talk more about this transaction throughout the rest of the show. Its a big price war. Its a loss for jetblue. Questions about the brand which well get to. Whether alaska air whether it works if you will with virgin. Also, questions about alaska air, people thought alaska air was a takeover target by delta. Does this make them more likely to get bought out or less. Nonetheless, well talk about those issues. Its a 57 a share deal. In the meantime, things keep getting worse for bill ackman. The billionaire investor, Pershing Square lost 7 last month. And continuing to tumble after cutting its financial f
Actions of public companies. If you look at the companies with stocks that currently trade, you might not see the oncoming train of a private Company Coming right at you. Thats why we travelled out west to sit down with all sorts of privatelyheld companies to hear what they were up to and how theyre going to disrupt industries. Its why we check in with cus of fledgling companies. When dont want you to be surprised. I have been dragged kicking and screaming into the new era but not necessarily how you think. Half dozen years ago a group of us from summit, new jersey, decided to buy an in down the block from my house. I have been known to whip up pretty mean scrambled eggs there. I am working on poached ones. We didnt know anything about the lodging business. The building seemed nice. I thought wed have needs like around the clock coverage to check people in, get them out, get them to pay. I thought there was no way anyone would hear about us unless we spent time and money on advertising