Headquarters thanks as always good morning, welcome to squawk alley. It is 11 00 a. M. At the United Nations headquarters in new york 11 00 a. M. On wall street, and squawk alley is live good Tuesday Morning welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange were going to begin with wework founder adam newman has started talks with Board Directors and investors on his future with the company. This comes after vanity fair says he met with jamie dimon how to get the ipo back on track joining us to discuss the latest in that saga, good morning to you both stephanie, ill start with you what do you think . Is adam neumann poised to leave the company, does the board have the ability to make it happen . Theres a lot of stuff in play now i think adam neumann needs to think of whats best for him and the company and other shareholders i suspect that in addition to talking to board members, he probably needs to be doing som
Good evening, everyone. Welcome. Well, the stage is set and investors cheered. Federal reserve chair Jerome Powell bolstered the case for a possible Interest Rate cut when policymakers meet at the end of he suggested that lowering the benchmark rate would bolster growth and cited a number of uncertainties here and around the globe. Thatd lif optimism on wall street, sending the nasdaq to new highs and the s p 500 ble l briefly through the 3,000 mark before it pulled back. The downd jonestrial average rose 26 points to 26,860. Theasdaq was up 60 and the s p 500 gained 13. We have two reports tonight. Bob pisani is at the New York Stock Exchange, but we begin with Steve Liesman and the fed. Fed chairman Jerome Powell all but guaranteed thel fed w be cutting rates probably as soon a this month, from the testimony in the house today. While he said the u. S. Economy is in a good place he emphasized globalncertaint economic weakness and low inflation as the things guiding policy. Would it be
And what a first half for tech ipos. Nasdaq announcing 97 initial offerings raising over 17 billion in six months. Can it be sustained . We ask a nasdaq exec. First, to our lead and another turn in the sprinttmobile deal. The u. S. Justice department is on the verge of approving a merger. Dish could become a strong competitor in the u. S. Wireless market. Lets bring in our reporter. You broke it. Congratulations. How close are we . It has been a long time coming. Reporter this is a happy turn of events for investors. Shares are getting very close. They are being told there are a couple issues remaining but not insurmountable. Our sources say the board of deutsche telecom, which owns tmobile, met yesterday to discuss the package that is being discussed at the boj as these other remedies that will help the doj approved the deal. Caroline remind us who they are. Nabila they are selling three prepaid brands as there will be spectrum as well. They are talking about how dish gets customers a
Next . A big moment for a media mogul Rupert Murdoch is shrinking his empire by selling the majority of his company fox to disney. Coming up on afternoon live, all the sport with hugh and a rare good day for england at the ashes. Indeed, good afternoon, not a bad start at all and a special moment for dawid malan who had to hold back the tears as he scored his first test century and has helped england into a good position. More later on the hour. Thanks hugh and darren bett has all the weather getting colder again. Yes, we have seen some snow, its getting colder, probably only briefly, changes on the way this weekend, and in the run up to christmas but dont tell anyone your secret is safe with us, you know that also coming up a 70 year old mystery is solved the story of the baby boy who was found in a box on the steps of the bbc. A multi Faith Memorial Service has taken place at st. Pauls cathedral six months to the day since the fire at Grenfell Tower in west london which left 71 peopl
Why the president Supreme Court pick might make picking fights with the prosecutor prickly. Ken starworke star worked with. What he liened about the man who could become our next justice. All of that and trump parade. Did you catch this paraglider outside his hotel. Now its getting dangerous. We are just getting started. Cavuto live is now. Happy saturday everyone. Everybody told me neil, dont do your scottish impression. Thats because the president is in scotland. As if i would. He is in scotland. We have kevin overall of this. Hey, kevin. Reporter always great to be with you. You absolutely crack me up. The president is continuing his u. K. Trip as he makes his way to scotland. He will get in prep for the russian meeting coming up on monday. He will hit the link. The president out on the lynn can aboulinkthe same thyme we ss voice their upset. The president is making his way to social media talking about what he noticed yesterday. The other big headline, the indictment of other russi