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Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with hefty Import Taxes or tariffs to protect their own auto makers, making them more expensive. I think cheap chinese vehicles are a good thing for the environment. And i would tell you that china is transitioning from notjust being cheap but also being high quality and for us, we want to electrify our fleet and make sure it is affordable for our drivers to switch over to evs. The political considerat ....
For chinese shares. A good day for china investors today. Not a huge surprise given a number of factors impacting on the china markets today, the largest of course being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost china s economy, including a cut in rates as well as extra liquidity to boost the bank lending and about $350 billion to support china s stock market as well. The recent stimulus measures, have are chemical in generating and changing what are often some structural problems that come about in the chinese economy? come about in the chinese economy? come about in the chinese econom ?.. economy? there have been a view. Is economy? there have been a view is when economy? there h ....
Results. We will get congressional insight all morning long. We will hear from georgia congressman earl buddy and connecticut senator rand paul. Loss of 100 points on dow futures. Markets extending slump from yesterday as more lockdowns and the threat of them offset positive news on vaccines. Its also been a big week for retails, bjs and macys reporting this morning all the numbers as soon as they hit the tape. Working from home may not save you money. Why paying a new tax while working remotely. A little holiday decorating can carry you through some tough times making a buzz this morning. Mornings with maria is live right now. Dagen european markets feeling the sting of more lockdowns, red across the board in france, england and germany, all down about 1 . Mixed story in asia overnight with fractional moves there. Kospi and south korea shanghai to the plus side. Cheryl casone has all the news that you need right now, good morning, cheryl. Cheryl good morning to you, dagen. United stat ....
Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think tha ....
January of 1987. Its best november since 1928. Now for the s p a broader measure of the market, the best november ever. The nasdaqs best november in 18 years. A lot of that with vaccine optimism driving the day, contributing to many gains we saw throughout the month. Even today moderna surging on news it will submit its covid19 vaccine for fda approval. Have a rough day to some extent. Great month for stocks. Im connell mcshane. Welcome to after the bell. Great to have you with us on a monday. Time for news happening this hour. The Fox Team Coverage with blake burman at the white house. He has the latest on a vaccine. Jackie deangelis in the newsroom with a new warning from dr. Birx. Chad pergram awaiting on stimulus and peter doocy with joe biden from wilmington, delaware. Jackie, start with you. Reporter connell, tsa said 1. 1 million travelers flew on sunday after thanksgiving. That is key because it is the highest number si ....