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And nike is replacing ceo john donahoe after a series of missteps that have cut its market share. Nonetheless, over nearly five years in charge, he s earned nearly $104 million, despite the company losing $40 billion worth of value. Another company to lose billions in value is planemaker boeing. Is planemaker boeing. Its recently departed boss, its recently departed boss, dave calhoun, lost his job dave calhoun, lost his job after struggling to deal after struggling to deal effectively with a series effectively with a series of safety incidents, including two fatal accidents. Of safety incidents, including two fatal accidents. Despite that, he got a pay despite that, he got a pay package worth more than package worth more than $30 million as he was leaving. $30 mil ....
De dedra bosa, what did we miss they looked particularly ugly next to lyfts yesterday its quarterly loss was its biggest ever, now a large part of that was cost related to its ipo. But ubers also facing ridesharing competition in markets abroad like latin america and india. Competition is even stiffer in food delivery. We saw that play out in this earnings its either business, ceo telling us that it is likely they will keep losing money here for years as, quote, theres a lot of capital chasing a lot of growth. As for the question of overall profitability, this is what really matters most to the street, while lyft was pretty direct on their path last night, saying that last year was, in fact, peak losses for them, ubers ces on was less clear telling us, quote, we think that 2019 will be our peak investment year, and we think that 2020, 2021, youll see losses come down i think our break even is something that we can push the company to break even if we really wanted to frankly, he added, ....
The chips are of the table. Symantec and broadcom have halted deal talks. Where does that leave them now . First, to our top story. The big story on capitol hill. Tuesday and wednesday, they will facebook on libra. Steven mnuchin taking aim at the social network. The Treasury Department has experienced expressed serious concerns that libra could be misused by money launderers and terrorist financiers. Lyft also tuesday, representatives will defend their companies in front of the house judiciary in a hearing on antitrust. Their goal is to convince lawmakers they do not stifle competition. We have charlotte from a nonprofit focused on shaping public policy. Before that, she worked at the federal trade commission. And we have ben brody. So many areas to keep track of. Libra, antitrust hearings, and a googlespecific hearing. Give us a preview of what we can expect. We are working hard to bring it all to you. One of the things i h ....
26,828, also would set a record. Its the first time it would be the First Time Since october of 2018. The tenyear treasury yield falling to its lowest level since 2016 as we see yields globally fall as well. Were awaiting the key june jobs report as well due out on friday morning. Nasdaq only just off its own closing. Dow and s p comfortably in that territory. Josh brown is with us from ritzhold Wealth Management great to be here. Youre always here on these record high days you keep the market going higher they book me far in advance, though, so i cant take any credit what are you watching in terms of the slightly disappointing data does that concern you or not im concerned all the time. We have a saying that only price pays so you can look at everything that you want and knock yourself out, but at the end of the day, if youre looking at price, its impossible to be beari ....