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Nasdaq off by 35 we have been thinking the new deal would be by december 15 the huge question is do those new tariffs come into effect the market has been punched in the mouth twice since yet yesterday, futures were up almost a full percent. The first china news yesterday that things werent looking great for december 15. These new comments imply phase one is not nowhere but if people are still thinking december 15, thats hard to believe yesterday, the pull back was the worst day weve seen in months but still talking about a decline. The dow up 4. 2, s p up by 5. 5. Well see today while the move yesterday wasnt too significant, volatility spikes more dramatically that implies that todays move was not unexpected we may see bigger moves in the days ahead we have the sound bite. Getting to the comments from willem marx in london. The president arrived here late last night. Stayed at the u. S. Ambassadors residence. He gave some Public Co ....
Vimeo to become a publicly traded company. We will hear about the content strategy and a new hiring feature. First, our top story. More worries for wework. Pressure is mounting to oust ceo adam newman ceo adam neumann after the delayed ipo. The board was supposed to meet today but they are likely going to meet later this week. Huet covers startups and she joins me. Why the shakeup . Ellen insane week in the last week or two. Pressure first to delay the ipo and now it seems like there are reports to consider replacing the ceo, adam neumann. A lot of back and forth within the board. Maybe delay the ipo october and later. We seem to be watching as it unfolds. Possible Board Meeting this week , not expected today but likely very soon. Taylor who wants adam neumann out . Ellen that is most likely softbank. They hold two board seats. It seems like they also have support from benchmark. One board seat has been an early investor. Some view ....
Allnight meeting. Tsipras agree to spending cuts and tax hikes. Greeks will have to transfer 55 billion of assets to a Holding Company that will try to recoup money in order to pay back the europeans. Among other things recapitalizing greeces banks. Angela merkel says it is time for greece to take responsibility. Chancellor merkel trust has been lost. We all know that paper is patie nt as we say. What will be important is to implement what we have agreed on doing tonight. Erik the attention shifts back to athens. Tsipras party may need over the weekend when he asked them to endorse and austerity program. They will have to approve the program in principle. Toning down the optimism on a deal on Irans Nuclear program. Earlier there was talk a deal might be announced today. Negotiators trying to make sure iran is not able to build a nuclear weapon. Matt a takeover and consumer go ....