Contracted report for the commission on chinas expeditionary capabilities. Were really looking forward to that. At james, he specializes in emerging technologies, threat assessment, forecasting and data science. Much of his work analyzes chinas Armed Forces Modernization and u. S. Longrange strategic planning. Before joining james he was an extra Research Assistant for Yale University department of medical science where he did research on chinas naval modernization. Mr. Peltier has a master of arts in International Science from university of chicago. Good political real school. We will next year from kevin mccauley. Hes an independent analyst and was formally the scene Intelligence Officer for the soviet union, russia, china and taiwan during his 31 years in the u. S. Government. Hes senior china analyst for the armys National Ground Intelligence Center and he served on Advisory Board and working groups supporting the intelligence community, the National Intelligence council and the u.
They say they are studying the proposal but no rat ratcasion vote has been announced. We confirmed that President Trump spoke to morning. Im hearing very good things from unions and others it is look good, a lot of stridessa he been made. Reporter house on christmas break december 20, there are a few days with no votes schedul scheduled. That means time is limits, a spokesperson for senator grassley said he spoke with u. S. Trade representative lighthizer today, senator is hopeful an announcement will come soon, and his committee is getting a briefing this week about this all signs pointing in right direction, if there is a vote scheduled because of the enforcement language changed, mexico will have to reratify the agreement, and canada with new ledge lake, with lake legisd well see what nancy pelosi does, there are report that Jared Kushner and u. S. Trade representative lighthizer are going to mexico tomorrow to push this usmca, because mexico would have to reratify it. David a lot o
Welcome to power lunch, everybody, and it is a far, far, far cry from where we were 30 years ago on this day. The dow is pulling back today after smashing through 23,000 with a big gain yesterday. But remember 20 years ago, down 23 . Today down about 23 points, Something Like that. Apple and Goldman Sachs leading the dow a little bit lower more on those stocks coming up adobe shares today soaring after reporting strong earnings. Better than expected guidance. Analysts also liking liking the companys Artificial Intelligence platform. Thank you as tiler said, the markets lower across the board but not close to what we saw 30 years ago today when the Dow Jones Industrial average fell. A look back on black monday. And i guess, bob, to put it in context, a 508point drop, which today seems like not much. The equivalent drop today would be 5,200 points. Simply staggering. Thats right. The dow dropped 508 points, brian, 22. 6 , the biggest oneday decline in the history of the stock market. On
Inaugurated on sunday next on the agenda, in france, two rounds of parliamentary elections in june. We should mention the jueuro jumping to sixmonth highs. Youre looking at european markets right now, across the board, they are down. In large part, they had risen, of course, on friday in expectation ever this news. In asia, japan rising 2. 3 overnight. The hang seng was slightly higher. U. S. Equity futures up right right now. Standing basically, marginally down about 23 points. S p 500 call it virtually on the nasdaq off by a point. In corporate news, sources telling cnbc that comcast and Charter Communications plan to announce a Wireless Partnership as soon as today. The partnership is aimed at cutting costs, as well as speeding up entry into the wireless market. As part of the agreement, Neither Company will make any deals in the Wireless World for the next year without the others consent. The move is renewing speculation that the two cable giants could make a play for a wireless ca
Amc entertainment says a lack of summer block bust earls hurt the bottom line in the latest quarter. Well talk to adam aron in a first interview about that and his companys merger plans. They have a lot of mergers. Breath taking is the word he uses to describe this. Tesla reaching that deal to buy solar city. Well look at what it means for shareholders. Lets start, though, with oil. Big mover today going lower. Yak i can deangelis tracking the action for us at the nymex. Good afternoon to you, bill. We settled higher than 40. But we did get down to 39. 82 and shows the momentum is there. 40 is a key psychological and Technical Support of oil prices. Lets see why we rose and why were falling particularly so early in the season. The demand for summer driving gave us an uptick. We got up to the 50 range, the dollar supportive. Everything seemed fine. On the downside, why we fell is because we had a crude inventory glut that created a gasoline glut and profitable to create more product and