Very important study. Temperatures as we approach the labor day weekend. Dr. Vanita shaw, we appreciate with labor day coming up we would usually be talking about yourtime and good luck the plans for the long weekend, or who is going where pack. But rest of the way me. Coming up, a huge star hit the pandemic now has made traveling take the backseat for some people. Hard, by the pandemic. Those that are taking trips up next, fans are rallying in support of dwayne the rock johnson , after he and his have been shamed. They get angry messages on minor passiveaggressive family tested positive for the comments from friends, or coronavirus. Telling people that it just is not fair. They are being reminded of civility and in scotts cheap flights, deleting posts due to ugly comments and urging to not post judgmental posts when others ask about trips. Basically, be nice. And, gasia, anderson people lily everyone in the house is online and i cant get enough bandwidth to video chat with my book clu
Will a driverless fleet give truckers more time at rest stops . First, to our top story. Start says job cuts will this week. They said cuts will improve efficiency and accountability. Bloomberg has learned that about 2000 jobs have been eliminated s global 60 of wework workforce. Ellen huet joins us with more. What do we know about these layoffs and their broader strategy of slimming down, if you will . Ellen it seems, based on this new memo that the executive chairman sent this morning, it going to start in ernest going to start in earnest in the u. S. This week. It seems like maybe this week is going to be the big time. They had originally scheduled an all hands meeting for tuesday and another part of the memo says the meeting will be moved to friday. On friday, we expect a fiveyear plan of the company. Taylor do we have any indication of what that fiveyear plan will look like . Ellen if it is anything like what is talked about in the memos, it will be similar to that path that is tr
This hearing is called to order. I want to thank you for your written testimony and prayer oral testimony and the answers to our questions. I asked that my written Opening Statement be put in the record. On to make a couple of comments about what i want to see the goal of the searing to be. Ive done this in a while but my chairman developed a statement to enhance the Economic Security of america for a more Efficient Government and the reason im pointing out today is i cant think of a hearing where that statement is more of likable. When we talk about 5g we talk about the Economic Opportunity in order to take advantage of that opportunity to avoid those Security Risks, we need more Efficient Government to step up in competing against what is becoming a friendly economic rival but adversary in the many cases on the line on the world stage in china. So, in terms of the definition of its product, im really hoping to be able to lay out a certified definition at lay out some priorities of th
Done this in a while but my chairman developed a statement to enhance the Economic Security of america for a more Efficient Government and the reason im pointing out today is i cant think of a hearing where that statement is more of likable. When we talk about 5g we talk about the Economic Opportunity in order to take advantage of that opportunity to avoid those Security Risks, we need more Efficient Government to step up in competing against what is becoming a friendly economic rival but adversary in the many cases on the line on the world stage in china. So, in terms of the definition of its product, im really hoping to be able to lay out a certified definition at lay out some priorities of things we need to address so that we can focus everyones attention on this. Let me take a stab. This is an unusual opportunity. Its an opportunity moving to 5g which would be trillions of dollars of activity. Its an enormous opportunity with the competition and take advantage of that opportunity a
Good morning welcome to squawk alley. Im Carl Quintanilla at the new york stock exchange. Markets obviously the top story. The nasdaq closes above 7,000 on tuesday for the First Time Ever to kick off the year s p crosses 2700 in todays session. For a moment we were within 100 points of down 25 k. For more bring in senior markets commentator who has switched seats here at post 9 big playbook, strategic thoughts, what are they. Ongoing sweetspot seems it has continued into 2018. Pretty much all these things working for the market, low volatility advance, yesterday a little more energy in the nasdaq, obviously getting above 7,000 with a percent and a half move whats interesting is you have these forces of Global Consumer boom animating the nasdaq nasdaq composite also almost 14 of s p 500 the top five stocks in the s p are the top five in the nasdaq thats actually a newish thing so its very new versus lets say 2,000. On the other side you have this cyclical reflation story working for the