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Book the rules rule. Mr. Hastings is the ceo of netflix. What is it netflix and what do you do . A world leading Entertainment Service to produce and distribute amazing Television Series and movies we have been around 20 years and have 2 million families around the world that are members. Host is there a connection to the 1990 a company where you had 900 movie titles . There is a connection we started 22 years ago renting dvds in the United States competing with blockbuster. That was a whole decade competing with video stores and then 2007 we started screaming about the same time youtube did. Host how did you get involved in this project . I study cultural differences in the workplace and i first came across netflix culture it wears way at the beginning and like adequate performance. And that struck me because i ....
Is there a connection to the 1998 company with 900 movie titles . We started 22 years ago and then competing with blockbuster and competing with video stores and then in 2007 we came out about the same time as youtube. Host how did you get involved in this project . I first came across with the netflix culture way at the beginning and with adequate performance. And at that time and to promote innovation but instead getting rid of people that with the fact they had no vacation policy or travel policy getting to think about how a culture like that could work in an organization. So the culture map connected to youtube . I was fortunate enough to be recommended and i read the first book with the International Culture of the corporate situation with the mexicans and the americans and with those challenges that we had with fantastic insight and then the speaker and then i realize she would be the perfect one of the astute observe ....
Good monday morning. Welcome to squawk alley. Jon fortt, sara eisen and myself at post nine. The markets up 63. Joining us today, re code executive editor cara swisher. First we want to get to phil lebeau for more on this ceo shakeup over at ford. Phil, good morning once again. Thank you very much. We will be talking with bill ford jr. , or actually bill ford, the executive chairman of the Ford Motor Company, coming to us from the companys headquarters discussing this decision in terms of dropping mark fields as ceo. Hes being replaced by jim hackette. Jim hackette, formerly the ceo of steelcase, board member at ford for a number of years and then took over the Smart Mobility business about a year, maybe a year and two months ago, and he now will be at the headquarters and we heard from him just within the last hour, saying look, we need to move faster, we need to make ou ....
Out. Sky deck i got the Christmas Lights and no coat. Its december 13th and no coat. People were wearing tshirts, shorts, flip flops with High Temperature of 71 degrees. Destroy the previous record of 65 set into years ago and was the first time weve been in the 70s in december in philadelphia since 20006. Temperatures are very mild at this late hour. 56 degrees in sent city. Light theyll stay light throughout the overnight period. Consistently mild. Currently 54 degrees. Point Pleasant Beach 55 degrees right in and out of the 54 in fort washington. And another mild start to the day wont likely need to winter coat. Watching out for areas of dense fog sunrise at 7 14. Soggy to start monody and soggy to end it. Of course the cool down. Its coming. Ill have all the details coming up. I knew that was coming. Thank you so ....
And americas favorite stocks, well talk about the biggest of the big names today and profile some of the sectors that have run up and the ones that still have room to grow. First check in with sue downtown at the nyse. Im looking at the markets, they are lower, but were off our lows of the day, down 70 points on the Dow Jones Industrial average. The s p is down 9. The nasdaq down 25. On a percentage basis the nasdaq is the biggest loser. Gold after a big move yesterday is down 8 on the trading session. The tenyear note the yield is 2. 48 and ice brent crude traded up just under a buck on the trading session. While the markets are falling a bit today, carl icahn is 825 million richer. Congratulations. About a year ago, he started buying up shares of netflix in the 58 a share range. Mr. Icahn bought a total of 4, 291, 000. Which led mr. Icahn to tweet yesterday, quote, sold block of netflix today. Wish to thank reed hastings, ....