An antitrust probe overload. The u. S. Justice department launches its own facebook probe. This, as the social network is already the focus of a federal trade commission investigation. But first to our top story, pellet gun falling as much as 9. 5 after raising more than 1 billion in its u. S. Initial public offering. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. s jason with Bloomberg Kelly at the nasdaq. John we are playing the long game. We see this as building millions and millions of subscribers around the globe in the coming years. Now we have the money to do that. We are fully funded after todays primary, so we are feeling confident. Jason when you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Or if there was one . My eights is fundraiser for appellate on. It is a funny
Speaking to reporters at mexico citys airport, he said he arrived with his hand extended. He added the United States brings hope for a prosperous and stable mexico. The new governor of puerto rico knows he has a tough road ahead, but she says she is preparing for it. Pressld the associated her priorities are to fight corruption, secure federal hurricane recovery funds, and to help puerto rico out of its 30 year recession. She is excited to finish the team of the former governor who resigned earlier this month following a massive protest. The Trump Administration has informed congress it plans to sell f16 fighters worth 8 billion to taiwan. It is a move that is sure to escalate already high tensions with china. Two u. S. Officials and congressional aide say the administers and have informally notified lawmakers of the potential sale. The f16 deal would be highly controversial because china fiercely opposes all arms sales to taiwan, which it regards as a renegade province. Global news 24
June the answer is no. Zero new orders for the 737 max in june. So thats three straight months, june, may, april, with zero new orders for the 737 max and in terms of that max backlog, it actually dropped by three, as a customer converted three max orders theyll now be made at 787s. So they are not taking those as maxes, 787s. Total for the commercial Airplane Division at boeing, nine nets orders commercial airplanes for the month of june. So theres the information and you see shares of boeing ticking lower. Not a surprise, guise. We talked with Dennis Muilenburg at the Paris Air Show and he said, look, we havent gotten any firm orders, and yet there was the iag news about a commitment to buy up to 200 737 maxes, but that was not a firm number and thats why its not in these june numbers. Back to you. Phil, well be watching boeing once again help the dow sag a bit after we started to close this mornings gap phil lebeau. Techstop stocks rebounding from yesterdays losses, up more than 25
us her take in five minutes. what she thinks about the taylor swift documentary that seems to be all about marsha blackburn. all on making money . charles: after a monster session yesterday, the major indices opening lower on news that the number of confirmed coronavirus cases surging in the hebei province this is due to a new method tallying those who are affected. they look to see the impact of on u.s. growth they posted on companies that corporate earnings. we have katherine rooney vera. your sense overall. this market. the result has been mind-boggling. even today the dow is off 200 point at the open. we saw buyers materialize almost instantly. that s true. buyers do materialize instantly, charles. every time there is a dip seems to be a lot a buy be opportunity. there is a lot of complacency in . charles: the feds wanted some the market right now. roger stone. the economy is on good footing. they thought they had him. i don t discount political risk. they wanted the
by 4. even as global travel slows dramatically due to the virus, new york residents want to know why they have been banned from applying for global entry trusted traveler status. governor andrew cuomo set to meet right now with president trump to get answers as to why homeland security is singling out new york. we will take you live to the white house to see what happens at this meeting. and roses are red but is that what you really want to get your honey this valentine s day, a bouquet of roses? how about a doughnut bouquet instead? 1-800-flowers.com virtually invented online delivery when it comes to flowers but now its ceo is here to help you pick what might be a better gift, to also talk about the green shoots he s seeing of the american economy. plus the fresh fear trade on bitcoin, countering tesla volatility with a totally different stock, and charlie breaks it on the next step to locking down t-mobile s $26 billion merger with sprint. less than an hour to the clos