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Since 2017. As the world bids goodbye to 2019, ringing in a brand new decade right now it is midnight in moscow russia. Well bring you celebrations all across the globe this hour. First Deirdre Bolton at the new york stock exchange. Green on the screen today. That certainly matched for this year, for this decade. If you look at the stocks really the standout stocks for the year, well start with that, before we Start Talking about the decade, apple is certainly one we have to highlight it. By far the strongest dow component, up more than 83 this year. A lot of analysts talking about the fact that of course many, many people own iphones. More important for apples future, the fact that their services really taking off especially music streaming. Then also of course the fancy new ear buds, ear pods, most people asked for christmas and still waiting for. Those are the demand goldma ....
President joins me. His new venture. Lets Consumer Shop at home. And, the head of colibra, david marcus, joins us for an exclusive interview. We will hear from him live. First, our top story. Wework continues to captivate wall street and investors. Exploring options for easing weworks cash crunch. News trickled out that the Coworking Company lost its comedic asians officer who resigned last week. With more on the continued turmoil at wework is bloombergs leona baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the wework situation. We have two new ones hired today. Softbank is working with houlihan lokey, restructuring specialists. Invested 10 billion in we work over the ....
Service sector, employment rose slightly and it was slowed by worker shortages, Household Spending was solid. Agricultural conditions across the country deteriorated some of the detail we were talking about in terms of around the country. Boston said signs of slowing were more widespread than they had been in the past chicago said manufacturing declined with a slight increase in growth overall. Kansas city had a slight expansion. New york reported a subdued pace of growth. And dallas a moderate expansion. Tariff guys were mentioned 24 times versus 24. Its been elevated as you know, for the past 1e6r8 months. Steve, thank you, sir steve liesman. Markets digesting the beige book lets go to bob pisani basically flat response here, with the s p down 8 bank stocks still slightly to the down side. The key is to watch the Global Growth commentary. Remember what happened yesterday ....
Us in a couple minutes. Plus, nova nordisk is experimenting with an obesity drug. And big tech struggles. Apple, those shares are looking for a bounce after a sixday selloff. Tesla, similar story. No longer one of the most valuable s p 500 companies. Lets begin with the 1 billion Equity Investment led by liberty strategic capital. Hes going to join us in a few moments. Got some clarifications today. More data on deposits, the percentage that are insured and so forth. I think its important to know when the former secretary of treasury did a previous deal, which was a deal involving a bank that really was one of the worst run banks in the country, came in, had the bid that was best for the ftic. The cover bid, much lower. It ended up making him a lot of money. Thats being dredged up as somehow against him. The reason i mention that is because the risks may even be bigger here. If only just because were dealing with so many rentco ....
Percent. Shanghai stocks down by close to 1 a decline of more than nine tenths in europe there have been some green arrows the dax is up by. 2 the cac is up by a quarter percentage points. Stocks up in italy, spain and london crude oil prices which ended last week just shy of 59 a barrel, check this out right now, down by about 44 cents. Still, wti trading above 58 at 58. 51 a barrel. Now this morning the big news of the day. Publisher meredith buying time, inc. , for2. 8 billion thats the price meredith will pay 18. 50 for time, inc. It publishes wellknown magazines such as time, peopl people. Meredith received 650 million a lot of people raising questions about what this means. Raising 650 million in backing from the billionaire Koch Brothers, charles and david koch are widely known for supporting conservative causes. They say the magazine business is a good investment in the press release koch industry says it will not have any ....