we have just come out with guidance on tripadvisor.t is saying it is seeing little to no revenue in the second quarter. significantly negative ebitda and the second quarter, but it does see some improvement in the third quarter. tripadvisor sees a negative adjusted ebitda to persist through the third quarter. first quarter revenue dropped to 278 million dollars. adjusted eps was seven cents per share. we are going to take a look at macy's. to release other luminary results on june 9. it plans updates on the first quarter results as well. macy's released preliminary first quarter sales before the market opened. this is just kind of an update on future results and the scheduling of all of that. much more coming up. ♪ romaine: welcome back. want to bring you some headlines crossing the wire on macy's. the company effectively pushing back the date of earnings reports. luminary q1 sales numbers -- preliminary q1 sales numbers. the full results will not come until june. the company has said that its ceo will address folks on that may 21 date

former federal judge don gleason, who also would consider whether the former tripadvisor committed perjuryn has been openly critical of the trump administration's handling of the case, and just this week wrote an op-ed saying, "there has been nothing regular about the departments effort to dismiss the flynn case. the record reeks of improper political influence." andy mccarthy, former assistant u.s. attorney in fox news contributor, joins me now. first of all, talk to me about how that can come into play. i know he's private now, he was formerly appointed, i believe under the clinton administration, as a federal judge. now he's practicing privately. why bring in this outsider? how does this all play? >> well, what's going on here, harris, is judge sullivan doesn't like that the justice department is dismissing the case against general flynn. he doesn't like the fact that he doesn't have any authority to do anything about that, so he is basically brainstorming to try and come up with some reason that he, the judge in the case, can take over the role of the only constitutional actor that has

live nation has no prediction on a return to normal in 2020 they hope to return to normal in 2021 tripadvisor are continuing to decline. we had an ipo tale kingsoft cloud, china's internet cloud services provider, they priced nicely. 30 million shares at 17. finally, art's back. 11:00. we'll be talking with art cashin and his predictions on what we'll be seeing in the following week david, back to you >> bob, that's good news glad to hear art is back thank you, bob pisani. >>> shares of carrier are up almost 5% this morning after the company reported its first quarter as a newly public entity having been spun off from the old united technologies not long ago. david gitlin is the company's ceo and he joins us now. very nice to have you with us, david. >> thank you, david. >> want to start off on a theme that i've referenced earlier in the show we see it from so many companies, cutting capex you have done that as well cutting capex by 40%, 50%. reducing it from 350 million to 400 million. give me some sense as to why you made that decision and how you figure out what the right number is when yo