What, what have we got here, 8. Revenue up, ad sales up, profits up, and there are now 2. 45 billion active monthly users. It was a spectacular report. Stocks up. These two stocks are helping the market but a statement from china has put a damper on things. Beijing says its doubtful that a longterm trade deal can be reached. China concerned about the impulsive nature of President Trump. Where did they get that from . The dow industrials down about 50 at the opening bell. S p down six, a fractional loss for the nasdaq. Then theres politics. Namely, the vote in the house this morning, starting the impeachment process. This has consumed the congress. It has not consumed the market. It seems to be ignoring d. C. Entirely. We will follow it and pay special attention to votes of moderate democrats from trum trumpleaning districts. Will they approve removing the president from office because of a phone call to ukraine . Cant wait to see. Stay right there. Varney company is about to begin. The
The bagel shop in washington, d. C. , and business is heating. Up it only opened in october, but already owner andrew dana is looking for a second location and the workers to run it. Were planning on minimum 20 people, and ift is reall booming it will be more than that. So that will take us over the 100 employee mark, which is etty crazy. Reporter it is just one example of americas red j hot market, now nearly nine years strong. The economy has added 21 million jobs since 2010ennd unemplo is at the lowest rate since 1969, just 3. 7 . This is recovery people have counted out again and again and it just keeps truckin along. Reporter the ton three sectors for job growth this year, restaurants like collier mother a a other businesses in industry. Re and hospitality they added an average of 23,000 jobs a month. Second professional and Business Services growing b 33,000 jobs a month. Topping the list, health care, delivering 55,000 jobs a month. But experts arein sta to worry that troub t li
Against gawker. But first, new alliances forged between traditional automakers and the ride hailing challengers. The news comes as a car industry braces for change, especially when it comes to the future of car ownership. By investing in the main players, the biggest car brands are hoping to secure a place in the future. This week toyota tied up with uber and vw took a stake in gett. Here we take a look across the space to see who is leading the pack. Carmakers are choosing sides in the ride hailing wars, this week alone volkswagen invested 300 million in gett and toyota committed an undisclosed amount to uber with plans to get into the car leasing game. In january, General Motors took a 500 million stake in lyft and lets not forget apples billion dollar bet on didi. With traditional Card Companies Car Companies looking for a piece of the pie, which are leading the pack . Fueled by mega funding, uber may get all of the headlines, but lyft is taking on a much bigger rival and through In
Hulk hogan in multiple cases against gawker. But first, new alliances forged between traditional automakers and the ride hailing challengers. The news comes as a car industry braces for change, especially when it comes to the future of car ownership. By investing in the main players, the biggest car brands are hoping to secure a place in the future. This week toyota tied up with uber and vw took a stake in gett. Here we take a look across the space to see who is leading the pack. Carmakers are choosing sides in the ride hailing wars, this week alone volkswagen invested 300 million in gett and toyota committed an undisclosed amount to uber with plans to get into the car leasing game. In january, General Motors took a 500 million stake in lyft and lets not forget apples billion dollar bet on didi. With traditional Card Companies Car Companies looking for a piece of the pie, which are leading the pack . Fueled by mega funding, uber may get all of the headlines, but lyft is taking on a muc
Nothing should get in the way of the things you love. Get americas fastest internet. Only from xfinity. Television. Lets get straight to the bloomberg first world words. Falling for the night stay in a row, its longest losing streak in a year. The dollar has strengthened against all of its major peers. This is after janet yellen said on friday that an Interest Rate increase is likely. Japanese shares rose, while chinese retreated. Bonds are closed worldwide monday. The yen has sunk to a one month low against the dollar and japanese shares are set for thei r highest close since may. Growth stalled in april, increasing the likelihood of a delay. European truck maters, including volvo, will face the biggest cut in european history. The penalty could be imposed within weeks. Thepaper reports that charges relate to ris pricefixing. Group. Has quit the thecompany has accepted resignation. Noble shares have plunged 60 in the last year, what questions about the Accounting Practices during the