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In hong kong demonstrators clashing with police. Doubts grow over Masayoshi Sons investment record. Topics question his strategy after a series of expensive setbacks. Desktop banks question his strategy. Staggered open, not seeing a huge amount of action. We are up. 1 . Looks like a positive day rolling a flat close of u. S. Equity markets friday. Good news from the u. S. China trade dispute, seems to have been priced in. New zealand has been flat all morning. Seeing modest gains for nikkei futures as well. By s p is pointing higher. 1 . We have also had out of economic the midyear and fiscal outlook. The surplus budget is falling, narrowing a little, same story for the following year and the growth forecast, the government trimming. 5 . A lot of data out of china. We will have new home prices, fixed assets, Industrial Production among others. Later on we are joined by ....
Sadly, on that day, the Intelligence CommunityInspector General formally notified the congress that the administration was forbidding him from turning over the whistleblower complaint. On constitution day. This is a violation of law. Shortly after, reports began to break of a phone call by the president of the United States, calling upon a foreign power to intervene in his election. This is a breach of his constitutional responsibilities. The facts are these. The Intelligence CommunityInspector General, was appointed by President Trump, determined that the complaint was both of urgent concern and credible, and its disclosure, he wen ....
Vimeo to become a publicly traded company. We will hear about the content strategy and a new hiring feature. First, our top story. More worries for wework. Pressure is mounting to oust ceo adam newman ceo adam neumann after the delayed ipo. The board was supposed to meet today but they are likely going to meet later this week. Huet covers startups and she joins me. Why the shakeup . Ellen insane week in the last week or two. Pressure first to delay the ipo and now it seems like there are reports to consider replacing the ceo, adam neumann. A lot of back and forth within the board. Maybe delay the ipo october and later. We seem to be watching as it unfolds. Possible Board Meeting this week , not expected today but likely very soon. Taylor who wants adam neumann out . Ellen that is most likely softbank. They hold two board seats. It seems like they also have support from benchmark. One board seat has been an early investor. Some view ....
Stolen by greed and arrogance. Growing concern about containing shortterm rates for Balance Sheets. We hear exclusively from bill dudley. Kathleen later in Bloomberg Technology global link, a new report says juul is the target of a criminal investigation. Another major setback for the ecigarette giant. Now a quick reminder on how u. S. Stocks ended on this monday. You can see nearly mixed. We have to say flat but it was a bit of a recovery after fridays a slump. Volume about 28 below average. 0. 06 . At any rate, people are watching markets. People are watching the economy and the purchasing Managers Index is, from the market group. They were pretty good for the u. S. They held it above 50 for manufacturing and services. Not so for european look at what happened to the euro after the week numbers from germany. We we ....