much of that is based in ad-based revenue for cnbc business news, i'm leslie picker, new york. >> big of that pinterest ipo. the major one people are looking for is uber. let's bring in martin steinbach from ernst and young for more analysis on this particular part of the industry. sir, you know, contrary to the news that we were just talking about, whether it's pinterest, uber, lyft ipo just happened a few weeks ago, i'm reading in your notes actually that global ipo activity has fallen in the first couple of months of the year >> you are right we see the global ipo slowdown continue from q1 2019. we saw an increase with 199 ipos and a decrease in proceeds with $30 billion u.s. this is caused by the uncertainty, but we see in q2 in 2019 set to rebound with all these momentum in the pipeline >> even though these deals are happening with less frequency, the size of the deals that are being brought to market are larger than they would have been in the past because the companies tend to be more mature than in the past >> you are right they pass a lot of funding rounds, and typically they

phil lebeau, cnbc business news, chicago. >>> our other top story today, the u.s. end sanction waivers on iranian oil with the aim of bringing tehran's exports down to zero. the move is expected to hit iran's asian customers in particular, including china, india, japan, and south korea. i'm very happy to bring in jason, senior oil and gas analyst at jeffries who joins us on the line. good morning to you, sir yesterday we had a day of 3% raeksz in the price of oil today oil is also up about .8% is the reaction justified in your view? >> well, i think it is it's actually a fairly big surprise to the market we had expected that the u.s. would extend the waivers, albeit at a lower level this is about a million barrels a day. a little bit over that about 1.1 million, 1.2 million barrels a day. it koomtds out of the market unexpectedly the price reaction is as you would expect >> jason, of course, i mean, the u.s. has said that they're targeting the exports that get to zero. the question is whether or not these countries are going to comply with that right? is what they

deirdre bosa, cnbc business news, san francisco.erview with the wall street journal he said he was very committed to being vetted for the role despite signs that a potential nomination would not be approved by the u.s. senate caryn stressed that new voices are needed at the feds >> jp morgan has appointed ai new cfo head of card services. jennifer will take over from marion lake who has been tipped as i successor to chief executive jaime diamond. lake will move into an operational role as head of the bank's consumer lending business sticking with the banks, morgan stanley beat profit in revenue estimates in the first quarter the bank generates a 2.4 billion dollars in quarterly profit thanks to better than expected results in 12 management and fixed income trading units moving on to another sticky topic here, protesters disrupted traffic in central london as the demanded action on climate change authorities had to physically remove one demonstrator who super glued himself to a train others glued their hands together outside of briti

do begin reporting their q1 earnings on friday with jp morgan and wells fargo cnbc business news, wilford >> staying in the u.s., the fed is likely to keep rates on hold for the rest of the year minutes from its latest meeting show the majority of fomc officials agreed that risks to the outlook warranted keeping policy unchanged. they left the door open to the possibility of more rate rises before the end of the year that is if economic conditions improve, and i think juliana, it's pretty clear what the fed wants to do here they've seen that the market has become way too aggressive in pricing and cuts for this year after this big u-turn that we saw in the month of ma every march. then they haven't been aggressive enough and still accounting for the potential for a hike this year i guess it's trying to bring back the market from the extreme positioning that we've seen. >> in my position as treasury of secretary, i feel obligated to respect the independence of fed monetary policy, and i'm just not going to comment on it one way or another >> i mean, the president has voiced frustration all

sharon epperson, cnbc business news. >>> let's get another check of the storm tea 4 forecast becausemelia just mentioned that tomorrow we'll be weather alert. >> yeah, i think weather alert from the latest information coming out. first right now, gettingom break he rain and the area and some sunshine out there. some pee of sunshine. so mostly cloudy skies today. still showers up around the mason-dixon line and you could be dealing with the showers we have throughout the day today, pecially toward the evening hours. a high of 74. here is what i'm seeing tomorrow. this threat for storms and heavy rainfall mainly between 1:00 and 6:00 p.m. the biggest concern is going to be heavy rain out there that could ld to someonding of water on area roads, some strong winds could produce wind damage. the winds are also right in the atmosphere. especially between about 2:00 and 4:00 p.m. maybe for an isolated weak tornado to develop.et so somng we'll keep an eye on. i'm not seeing a concern for hail. then we look to the weekend, on saturday plenty of sunshine, breezy and comfortable out there. duri

julia borestein, cnbc business news >>> still coming up on the show, senior executives from insolvent have been arrested on u.s. fraud charges we will be crossing live to deboo with the latest. we'll be back. ♪ ♪ applebee's bigger, bolder grill combos. now that's eatin good in the neighborhood. ♪ applebee's bigger, bolder grill combos. now that's eatin good in the neighborhood. >>> hello, and welcome back to street signs these are your headlines >>> stocks across europe sit moechl in the red as china's trade surplus soars past expectations with data showing a strong rebound in exports and a continued decline in imports french finance minister says the u.s. and the e.u. must work out their trade spat as president trump threatens tariffs on $1 1 billion worth of european goods. >> we should do all to avoid the trade war tit for tat sanctions would lead nowhere and would weaken the growth both in the u.s. and within e.u. >>> uber files for its ipo as the ride-hailing giant reveals revenue has plateaued and warns it may never turn a profit finally, two top executives of abraaj are arreste

new car seat, strolleec or sel baby gear. since it first introduced the trade-in program, they've recycled half a million car seats and more than 7dsillion poun of materials. this is your cnbc business po re. >>> news 4 is working for you with a look at our changing climate. ho e see how it's impacting your family, money, health, and commute. our special airs tonight at 7:30 right here on nbc 4. now it's time to get one last chk of the forecast with amelia draper. i know you worked a lot on that special as well. >> apiolutely. the e i'm doing is the four most noticeable ways we're seeing climate change here in our area. when we talk aboutea wer and climate, weather is what happens on the day today basis. climate is what you would expect to be happening. think of a spring day in april, you're stepping the outside. cooler and crisp. for the most part, seasonal today. here's a look at the cloud cover out there right now. we have a mix of clos and sunshine. up to 67 degrees. warming to a high today of 74. breezy right no the winds will diminish as the day wears on. g above normal tomorrow with a high of 82 wednesday and thursday we continue to track above average temperatures. normal no

cnbc morning business dport. >>> g morning, i'm frank holland at cnbc headquarters. uber is launching a new program to make it easier for businesses to give their customers freeri des. uber vouchers can be used for just about anything. uber, for ample, expects vouchers to be used by restaurants to entice new diners by offering to pay for their ride home. with your cnbc morning business report, i'm frank holland. >>>nd if you are sniffling and sneezing your way through the day, probably tree pollen which is in the high category get that car cleaned off for the next couple of days. yes in the forecast. >>> a woman is dead, her husband injured in the fire overnight in their town home fire here. their town home fire here. i'm justin hi, i'm jeff. their town home fire here. i'm justin in my johnsonville commercial, we open up in the forest. i'm out in the wild eating my breakfast. and all ofp sudden, raccoon comed asked me, "are those bigger patties?" i said, "yep." wolf comes in and says, "wow, that's a lot of sausage." and we had a good laugh about that. (laughing) johnsonville breakfast sausa

the new york to london route is theusst transatlantic market with the most premium tffic. with your cnbc business i'm frank holland. >>> a new company i working to support veterans one coffee bag at a time. veteran roasters is based in chicago but you could order online. the mission, to end homelessness and unemployment among those who serve the country. >>bc introduces us to the man behind the idea. >> reporter: they're called veteran roasters. they're a coffee company with a purpose. all of the veterans felt lost after the military. but this coffee has brought them back together again. >> an opportunity in an industry that veterans never thought they would be able to get into, especially those that >> reporter: braden marty is the founder of veteran roasters, a navy veter himself. he wanted to offer his comrades a job after the mitary. >> my brothers and sisters who serve and then came back and it is -- it's a tough transition. >> reporter: that is where veteran roasters was rn, almost two years ago marty hrtnered with a nonprofit rags foronor to help veterans fin services they need. he also wo

host: how much has the emergence of 24-hour business news media contributed to this? cnbc, fox business, i used to work at bloomberg, do they emphasize short-term gains too much? mr. shaich: yes. [laughter] mr. shaich: this is one place where i'm not blaming the media. i also think these issues are not dissimilar to what we see in our body politic where we have this environment where we are competing with the chinese with 20-year plans and we cannot agree on a budget for 20 months. part of that is driven by -- i think we all recognize it you , have a media that is now speaking -- cable news -- that is now speaking to various niches of the consumer public and repeating back they want to hear. i think some of that occurs with the cable business press. i love my friends at cnbc but a whole bunch of it is, what happened to the stock yesterday, what is going to happen tomorrow? that focus on simply the trade as opposed to the growth and the inherent strength of company gets lost often in that kind of discussion. host: i have a bunch of questions here about executive compensatio

the consumer news and business channel, cnbc, we're well aware that cnbc can only succeed by be >>> welcomeack to "squawk alley." some of the biggest names in hedge fund activism are gathering in new york city as the annual active passive summit kicks off. david faber is there live and joins us now with another exclusive interview. value x jeff ubben. david? >> i'm joined by jeff. this is the first time we've sat down, you and me since that microsoft investment, i think. >> it's funny. >> the firm has changed. your role has changed. you're no longer ceo. you're very focused on esg. but, activism itself, you're not an activist conference but i don't even think of you as an activist any more, should i? >> i mean we put the time in to get the know the company and the trust of the board and the other constituents and which is a lot of travel. >> you haven't run a proxy fight? >> then we get to the punchline and say, you know, we think you should refresh your board or, you know, why don't you call your top ten shareholders and ask them what they think and most of those guys know us and then you

significant programming effort nbc has ever undertaken outside of the network the consumer news and business channel. cnbcaware that cnbc can only succeed by becoming an important part the latest innovation from xfinity isn't just a store. it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. >>> new data from the national fed rated of independent business shows the problem for small businesses is finding qualified workers and as a result they're left with a record number of job openings they can't find and employees they are forced to train on the job. for more on that and on the overall state of small business let's bring in juanita dugan, the president and ceo of the nifb and kate rogers is here as well let's start with your overall measure of small business happiness or confidence. >> well, we have been doing the optimism index nifb has been putting that out for

. >>> i'm dominic chu, get all your business news right here on cnbc. >>> and set you up with four thingse man is dead after an overnight shooting in prince georges county. police found the man unresponsive outside a home along tucker roa in fort washington. so far no arrests made. >>> and several roads shut down near theth national mall morning gearing up for the end of the cherry blossom festival, emancipation day and the japanese street fest value all in dc. traveling in to the district today, taking the metro might be your be bet. >>>ed party continues in char00ttesville. a .m. parade set to celebrate virginia's national baskensall champp. gates open at scotts stadium at 12:30. it's free. can't make it t to grounds tune in to news 4 at 6:00 for gh high. >>> and the caps round two in the series. tune in at 2:30 for our special. the cup" >> clay anderson, so much going on around here. >> good news, those in virginia to the west,in rhowers have already ended. inside the beltway to the east give it a couple more hours, the rain continues to move to the east. seven day. morning showers giv

. >>> i'm dominic chu, get all your business news right here on cnbc. >>> 9:26 your time on this saturdayt you up with four things to know. >>> a man is dead after an overnight shting in prince orges county. police found the man unresponsive outside a home along tucker road in fort washington. so far narrests made. >>> a number of roads already wn closed near the national mall this morning gearing up for the end of the crry blossom festival, emancipation day and the japanese street festival all in d.c. if you're traving in to the district metro might be your best bet. >> lots going on around here, but also, a 2:00 p.m. parade set to celebrate virginia's national basketball championship.co gates open at stadium at 12:30. the event is free. if you can't make it to the ground of uva, tune in to news 4 at 6:00 for highlights. >>> and the caps round two in the series. tune in at 2:30 for our "defending the cup" special. >> a l of people rocking the area jus for the you feel it. >> i feel it. >> folks heading out for all the events today clay -- >> from charlottesville up to baltimore, very nic

get your business news here on cnbc. >>> the tragic loss of a local hero, news 4 learned a myland volunteerfirefighter was one of three americans killed in a roadside bombing in afghanistani earlier week. >> christopherabsolutslutman wa father and husband. cory smith has more on his life and legacy. >> we're going to remember whatn chris did, just here, but overseas. >> reporter: there are faw jobs more dangeroushan firefighter. one of them is u.s. marine. christopher slutman did both and dedicated his life to protecting those at home and abroad. half a world away from the war zone where he made the ultimate sacrifice,s firefight at the kentland voluner fire department are honoring him and the legacy of service he leaveh . >> exactly the guy you want next to you. >> reporter: jonathan clifford than lifethe larger character whose unmistakable presence was always felt around the firehouse. >> demanded a lot of respect because of his character, moral courage. >> reporter: he joined in 2000, he was a captain. he spent 15 years in the new york city firdepartment, there he was awarded for his cou

squawk box" begins right now. >>> live from new york, where business never sleeps, this is "squawk box. >> good morning, everybody welcome to "squawk box" on cnbcints the nasdaq off by 25 again, we're not far from the new records.

cnbc headquarters. uber is launching a new program to make it easier for businesses to giv their custome free rides. uber vouchers can be used for just about anything or as a perc the business. enticing diners. with your cnbc morning business report, i'm frankan ho >>> thank you, frank. >> many of you getting fit 4 spring may be a little tired with the same old work joults. this morning we have a cool octernative to consider. >> how does climbing sound to you? look at our molette green. she is live at climb zone with the benefits.re molette, howou doing up there? >> reporter: i don't know how i let photographer irene talk me into utthis, b not too bad. i'm on one of the easier walls here. they're about 50 feet winston, larena, i tonigdon't want to sh them up. i want to get to the top of the wall. this is a grateful body workout. i'm going to try here the next hardest one the next time you see me. we're going to talk about all of this in the 6:00 hour of "news 4 today." why this is a good option for you to get fit for spring. that's what it's all about, okay? all right. g gotta go. i've got a wall to

news 4 at 4:00. now here' your cnbc business report. >>> good morning. kick off april with a freebie from the cheesecake faory. it teeming to give a quarter of a million dollars worth of food. he first people to claim a reward will get $25 to use on a delivery order any day th. the give way starts at 4:00 p.m. today and runs through sunday. i promise it's not april fools. >> thfl is apologizing about a plan to cut down cherry trees. >>> a new report this morningli about f bridges. >>> can you imagine if d.c. wanted to cut downhe cherry blossom trees? that is tfr strn nashville this morning. the nfl wants to cut down 21 cherlossom trees to make way for its draft stage. the citypproved that plan apparently. now it's changing course. the trees will be bremoved kept intact and replanted in another part of the city. the nfl and the city will also plant an additional 200 trees across the city. the draft takes place later this month. >> they knew they did wrong because they're planting ditional. no just scrapping the plan. >> smack the guy who came up withhatid

the first of these new cafes opens up today in mid town manhattan. r cnbc morning business report, i'm frank holland. >>> i'm going to take frank up on that. listen, it will be a great night out there for baseball if you want to go o a there eat all of the food from the nats park. rain, no wind, jus a few more showers coming up. >>> plus, a lot of problems around town including a big closure in northwast ington. drew has more on that. drew? >> reporter: when they got to a fire at the mobil gas station here, they found an adult woman dead fast, reliable inrnet is crucial. does it every go down? yes. can't do my job. business grinds to a halt. our gig-speed network nl not only dds files up to 20 times faster, we go beyond fast with 4g backup for complete reliability. so if the unexpected happens... (snaps fingers) you stay up and running. we lost power... but not to that. i wanthat. (laughing) for a limited time get fast, reliable internet for a low ice. call now. comcast business. beyond fast. for years, i thought i was lactose intolerant. turns out i was just sensitive to a

cnbc. or tweet me. today, we got about a year's worth of major business stories in a single news cycle disney reinventednning

significant programming effort nbc has ever undertaken outside of the network the consumer news and business channel, cnbc, we're well aware that cnbc can only succeed b you. all of you. how you live, what you love. that's what inspired us to create america's most advanced internet. internet that puts you in charge. that protects what's important. it handles everything, and reaches everywhere. this is beyond wifi, this is xfi. simple. easy. awesome. xfinity, the future of awesome. >>> welcome back breaking news, or march, on utilization hitting the wires. 78.8 78.8 it was down one tenth, about three tenths less than expected. the capitalization rates, it definitely is both a miss and sequentially lowered it brings us back to levels we haven't and, of course, the story of the day is how though not in a very aggressive fashion. >> karl, jim, david, back to you. >> trading 22% below the offering price, as we are waiting a flood of new -- zoom expected this week jim, if you look at the intraday high, we're down 36% >> that was a win, obviously the bankers seemed to run out of firepower quickly. there's defini

new tool and how it will work. >>> good morning. i'm frank holland at cnbc headquarters. here are the top business headlines. wall street set to open up in the red this morning. the markets are off a positive day on friday. the dow saw the highest level since last october. investors may turn their focus to earnings season which kicks off on friday with results from jp morgan chase and wells fargo. on the watch list, a report on factory orders. >>> american airlines is extending cancellations related to the grounding of the both 737 max until early june. american says it's waiting for regulators to indicate when those planes will be able to return to service. it had pulled the jets from its schedule in april. the latest announcement is aimed to reduce last-minute cancellations. american will reach out to you directly if your flight is affected. >>> google maps is borrowing from waze to navigate your commute. users will be able to report traffic slowdowns on the android app. you can report crashes, speed cameras and checkpoints. this is expected to roll out this week. it's unclear whether this is just for andr

business, new york, this is "squawk box. ♪ >>> good morning, everybody! welcome back to "squawk box" here on cnbcng with joe kernen and andrew ross sorkin. our guest host this hour is maggie willed rotter, former ceo of frontier communications, and she's on the boards of costco, hp enterprise and lyft, among many others. maggie, it's great having you here today and we have a lot more to dig into with you this hour. >> it is a busy morning. >> it is lots of earnings. >>> meantime, the fed kicks off a two-day meeting and u.s. equities at this hour have been indicated higher, at least for the dow, indicated up about 28 points you're still looking at a little bit of weakness for the s&p, which is down almost two points, and then the nasdaq, which is off by 45 because of weakness in alphabet shares last night we had two dow components already reporting this morning, beating expectations, both merck and pfizer, and that's giving a little bit of help to the dow this morning also, the ten-year note this morning, yield looking just above 2.5% 2.534%. >>> okay, got some headlines to bring you this hour. le

cnbc business report, i'm frank holland. >>> now 6:41. we continue to tck breaking news from montgomery county.his is in kensington, maryland. a fire in highrise kond open appears to be out right now. >> melissa molles tracking the traffic problems being caused by this. >>> we're talking about a big ve closure on uity boulevard at connecticut avenue. that anywhere is just ddn to eastbond westbound. arking for you with an alternative, georgnue will work for you. more coming up. chuck? >>> the school day kiforecast, will need the layer of fleece this morning. it's colea temperatures freezing. may want to put the pack-away umbrella ipathe ba. there's a risk of showers at pickup time later. e alieutenant generlergy report e alieutenant generlergy report trs doing the damage rieegh ♪ not all water is created equal. there are over 326 million trillion gaof water on earth. but on p one billionth of one cent is filtered naturally beneath thearth, with a distinc balanc, and emerges crisp and refreshing enough to be called deer park®. deer park® 100% natural spring water. born better®. while shopping at

new york where business never sleeps, this is "squawk box. >>> good morning, everybody. welcome to "squawk box" here on cnbcare live from the nasdaq market on times squares, our guest host for the next two hours is elian's chief economic adviser. welcome back it's been a while. >> thank you i feel like i'm like mohammad, i'm the guest host here. >> you both fly private, so you do feel like it. >> or neither. >> delta was great. >> and united was great too. >> you're a little late though. >> when were you on? >> two weeks ago. >> it was last week. >> two weeks ago. >> it was last week no >> it was two weeks ago. >> it's weird, isn't it? time dilation. >> andrew was gone for two weeks. >> that went by quick, didn't it >> having fun. having fun. >> you look tan and so do you. i don't know why. >> that's that 75 degree weather. >> you must have got it on the slopes. >> maybe a little on the slopes, last week in l.a san francisco. >> let's take a look at the u.s. equity futures at this hour. last week was a big week for the markets. dow was over by over 400 points a gain of 1.7 for the week dow futures are indic

consumer news and business channel, cnbc.ed by becoming an important part of your life. we look forward to the challenge. ♪ >>> welcome back to "squawk box" this morning right here on cnbc, take a quick look at futures right now. they have paired their losses in a big way this morning right now dow looks like it would only up 2 points it was way worse than that, not way worse, 35 points this morning? it has come down nasdaq off about 6 points. s&p 500 now almost there we have to talk about this again because just such a crazy story. the samsung galaxy fold phone, it hasn't been released yet but journalists have received early review units and the reviews aren't good. they aren't performing well under scrutiny or anything basically. some reviewers are reporting flickering screens others see a visible crease along the fold when you open it up and it's supposed to look like a flat tablet there unit given to cnbc, completely unusable after 48 hours. some problems were caused by reviewers. when you blame the reviewers you have a w

news for you. the freebies and deals you can get after filing your taxes. >>> good morning. i'm frank holland at cnbc headquarters. here are today's top business headlines. we will begin with wall street. markets expected to open slightly higher, if not flat. wall street also experiencing a positive day on friday following strong earnings from jpmorgan chase. also, disney had its best day since 2009 after it announced disney plus. more earnings from the likes of citigroup and goldman sachs. lyft is pulling several bikes from its bike share programs new york city, d.c. riders expected a strrpstronger expected braking force on the front wheel. and on this tax day, take advantage of tpraofreebies and as you complete and file your taxes. boston has a meal for $10.40. macy's is offering 40% off shoes when you buy two or more pairs. office max is offering up to five pounds of free paper and document shredding from today through april 27th. back over to you. >>> i could use that. >> i know. >> it sounds like i'm getting rid of evidence. >> who doesn't need free paper. >> all that and work up a hunger and go to boston market. >> there you go. eat some

business report. >> good morning, i'm at cnbc headquarters. jetblue announced plans to offer service between new boston, and london starting in 2021. e airline is looki at multiple daily flights and options for all four london airports. the new york-to-london route is the busiest transatlantic market with the most premium traffic. with your business report, i'm frankholland. >>> good morning, everyone. the dry weather the last few c days, the pollnt's climbing. tree pollen in the high range. grass pollen and mold spo low.e the wake-up weather, breezy and chilly temperatures mostly in the 40s. good car-washing weather? sure, go ahead. today. washed just know rain likely late tomorrow. the ten-day forest coming up. >>> chopper 4ng sho a beautiful sunrise this morning. not so pretty, though, on the roads. a couple onc problems iding a big delayn 395. deta o fast, reliable internet is crucial. does it every go down? s. ye can't do my job. business grinds to a halt. our gig-speed network es not only downloads f up to 20 times faster, we go beyond fast with 4g backup for complete reliability. so if th

news for wtef. here's your cnbc morning bu >> good morning, i'm frank holland at cnbc business headquarters.erizon is launching a smartphone plan for kids. it meets the needs of parents and children it has 5 gigabytes of data and unlimited talking and text. the planlso has a safety mode, meek kids can keep using their data even if they go over their monthly limit witho additional charges. with your cnbc morning business port, i'm frank holland. >>> and after a cudy finish yesterday, we're back to a plus weather for today. it will be a windy one but much warm jer than yesterday. up to 67 degrees. i'll help you plan outt the n four or five days and see you in a few. >>> multiple problems on the beltway. prand new issue on 66 and one on 395. full details and your travel times coming up. >>> andd. 's mayor is joining the governors of virginia and maryland fighting back against president trump's 2020 budget proposal that could directly impact orinkingur what's funexpected? a vacation with revoluonary everywhere you turn. where the cannonballs keep coming and you have to ut game for just abonythin

business report. >> reporter: good morning, i'm frank holland at cnbc headquarters. disney has unveiled its neweaming service, disney plus, it will launch november 12th and cost $6.99 a month. cheaper than the most popular netflix plan at $13.99 a month. it will have original content from "star wars," marvel, and pixar, as well as classic disney features and shows sh as hannahmontana. everything can be downloaded to watch off line. with your cnbc business report, i'm frank holland. >>> those temperatures out there right now in thendpper 40s 50s. we're going to quickly warm throughout the day today to around 70. isolated showers through the raddle of the day, dry this morning. and storms later on this afternoon through tonight. we'll talk about the timi a, we'll tbout the weekend because the weekend looks wet, as well, coming up. >>>e looking at roads this morning, southbound 270, new someem here, and we had other issues around town. also your travel times coming up. so, you're open all day, that's what 24/7 means, sugar. kind of like how you get 24/7ccess to licensed agents with geico. hmm? yea

cnbc stand for? you can stump a lot of people with consumer news and business channel. hat people's first guess is. >> we used a lot of different names for it through the years for the cnbc that was the original, right >> yes >> tom, it is a different landscape right now. we just got the netflix earnings we got the new disney streaming service out. it is like the vanity fair headline, disney built the streaming service to be a netflix zapping death star is that true or all hyperbole? >> i think the disney exuberance has gotten a little over the top. it is instructive to go back and think about networks breaking in the cable business as we did 30 years ago. when we were breaking in the cable business, the cable industry resisted us like crazy. our competitors were pretty small companies, ted turner, turner broadcasting, rainbow programming. what disney as a network company, cable company now too, is going up against are absolute behemoths with amazon and netflix and facebook these are companies with massive resources, and it is a very different day than when the networks

new york where business never sleeps. this is "squawk box. >> good morning. welcome to "squawk box" here on cnbcsdaq market site in times square. i'm becky quick along with joe kernan and mike santoli. andrew is out today. take a look at the u.s. equity futures. doirch r down by 66 points the dow not far from its highs at this level. it actually dropped by 59 points yesterday, and while that is a small loss, it was still the biggest loss the dow has seen in two weeks. the nasdaq has indicated up by 55 points.

cnbc. or tweet me. today, we got about a year's worth of major business stories in a single news cycle disney reinvented itself jpmorgan had a stunning quarter. and that was good enough to send all the averages flying. dow pole vaulting 269 points disney and jpmorgan are in the dow. s&p gaining .6%. please, have no illusions, people this positivity will be hard to sustain. even though earnings season kicked off with an amazingly bullish bang, we'll be right back where we started from once next week rolls around unless apple comes in on monday and bids for both abs and viacom not going to happen. while occidental scooped up apache, and we get perfect quarters from citigroup and goldman sachs. highly unlikely. this isn't a what have you done for me lately market it's a what have you done for me this morning market. with that in mind, what's the game plan for next week? let's start with citigroup and goldman sachs. citi will have a hard type topping jpmorgan it could be more like wells fargo, which was a tab subdued only closed down about $1.25 i doubt sit tee will be as bad, but the stock is running up to

new york where business never sleeps. this is "squawk box." >>> good morning welcome to "squawk box" here on cnbc we are live from the nasdaqt site in times square. i'm becky quick along with andrew ross sorkin and wilford frost. you are going to see right now that things are weaker dow futures down by 15 points. s&p futures off by one, and the nasdaq is down by just over two and a half points. this comes after a mixed day yesterday. you did see the dow down by 48 points 48.5 points. that's about where it was at this time yesterday morning. indicated down by that much. the s&p was higher it was up by almost three points, and that was helped in terms of crude oil prices. you saw crude oil prices up 2.5% sitting at a s

new york where business never sleeps, this is "squawk box. >>> good morning, everybody. welcome to "squawk box" here on cnbc market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at u.s. equity futures. things are looking like we're going to open down dow futures indicated down by almost 100 points. s&p futures off by 5 points and nasdaq down 13 points. we are coming off strong gains on the markets on friday all three major averages posted at their highest level in three months we are talking about the s&p 500's longest winning streak in 18 months. it's been up seven out of seven

busy friday morning at cnbc. iron man, look skywalker, and buzz lightyear you know them all. now they officially have a new streaming home disney announcing its disney plus streaming service it will be available this fall frank holland is here now with all the details. frank. >> well, brian, disney plus will launch on november 12th and cost $6.99 a month or $69.99 a year that will make it less expensive than netflix here's what disney ceo bob eiger told cnbc overnight. >> it's a product i think is a great value to a lot of people they're still building their brand. in our case we start with a customer relationship that's visceral if i see the opportunity to buy disney plus and i can watch it on all these devices, and i can download the movies and i'm going to watch original product, but i'm also going to watch things from the library, that's something i know that i'm going to want. >> iger also talked about the future of traditional television here's what he told cnbc. skurnltz are starting to say the price to value relationship, even though i'm getting a lot of content and a lot of quality, it isn't reall

cnbc morning business report, i'm frank holland. >> thank you. >>> just in f time spring break, alexandria's waterfront park has a brand-new attraction. >> we'realking about the iv intera artwork installation, mirror mirror. news4's molette green has details on how you and your family can enjoy this. good morning. >> reporter: good morning to you. you clap your hands, you stomp your feet, and the colors change. we are inside mirror mirror here on the warfront. this art installation is captivating everybody down here. we've got theho artist w came down from new york city. he's going to talk to us in the 6:00 hour of "news4 day" -- thank you, michael -- and we will talk with the city about this new idea to bring temporary artwork every so often. r of with us in the 6:00 h "news4 today." mirror, mirror, right? [ applause ] >> all right. thanks. >>> still ahead at 6:00, anup te on the breaking news in montgomery county. a fire at a highrise apartment building on university boulevard. chopper 4 is above the scene. we'll have the very laatst on the sin. >>in we have brenews right now at 5:59. chopper 4 over the scene of a ar three- highrise fire. lo

new york where business never sleeps, this is "squawk box. >>> good morning, everybody. welcome to "squawk box" here on cnbc from the nasdaq market on times squares, our guest host for the next two hours is elian's chief economic adviser. welcome back it's been a while. >> thank you i feel like i'm like mohammad, i'm the guest host here. >> you both fly private, so you do feel like it. >> or neither. >> delta was great. >> and united was great too. >> you're a little late though. >> when were you on? >> two weeks ago. >> it was last week. >> two weeks ago. >> it was last week no >> it was two weeks ago. >> it's weird, isn't

new york where business never sleeps, this is "squawk box. >>> good morning, everybody. welcome to "squawk box" here on cnbcm the nasdaq market site in times square. i'm becky quick along with andrew ross sorkin and melissa lee. joe is off today jason trennert is here >> thank you for having me i appreciate it. >> we're going to put you through the paces today. there's a lot going on with the markets. let's take a look at what's been happening with the major markets. in europe, they're closed for the easter holidays. in the united states the futures are indicated down dow futures down 56 points s&p off by 6.5 nasdaq down by 21. this comes after the first down week we've seen for the s&p in four weeks nasdaq composite has been up and down for the last nine

to do ♪ don't take your love >> live from new york where business never sleeps, this is "squawk box." >> good morning, everybody welcome to squawk bok here on cnbcm the nasdaq market site in times square. i'm becky quick along with joe kernan and andrew ross sorkin. let's take a look at the u.s. equity futures i think they're indicated higher once again this morning with the dow futures up by almost 30 points nasdaq up by 12. the s&p 500 up by four this comes after a mixed day for the markets yesterday. both the s&p 500 and the dow ended higher yesterday the nasdaq was down by a little bit, but we now have six days in a row that both the dow and the s&p 500 have been higher the markets did close. both the s&p 500 and the dow at their highest levels in six months yesterday we'll continue to watch this today. we've go

cnbc takes a look at those with brian sullivan all week. >>> let's get a check on the top headlines outside of the world of business. nbc's phillip naen in the newk studios >> dom, happy monday to you as well powerful storms are sweeping the nation already responsible for at least seven deaths a tornado ravaged homes in franklin, texas, packing winds of 140 miles an hour in angelina, texas, say two young children died. hatly and as the severe weather makes its way northeast. as many as ten people were injured. >>> you may want to check your fridge 93 people got infected with salmonella and 23 were hospitalized so far the distributor, kato foods llc. >>> and if you fly a lot you may have a strong opinion about how far back you can recline your seat. delta is making that easier. seats on 62 of their planes are losing about 2 inches of reclining room they say they are doing it to protect customers' personal space. >> phillip mena, thank you so much for that update we appreciate it. >>> still to come on the show, goldman sachs takes on the 2020 election giving an edge to president trump. >>> apple reportedly pouring millions into its new ar kate sho

you' wchreating cnbc first in business worldwide, much more "fast money" coming up next. and also be able to use apps to book super-personalized trips on shiny new phones from the future. plus, i need freedom to move my workloads wherever, whenever - but manage it all from right here. and that's the cloud i want. simple, right? expect more from your cloud. ibm cloud. >>> welcome back to "fast money. ziel efrpgs, t xilinx, the stock has run up 45% this year. guy, what happened >> i'll tell you what happened, they beat eps by a penny and beat revenues and margins were basically in line, but valuation got away from a stock that's gone from 88 to 138 and effectively a straight line over the last couple of months and the quarter was fine and guidance okay, not good enough, let's take profits i'm not comparing the companies, but i'm comparing the price action and we've had the stock with the huge run and the quarters to fine and they sell off the stock to a new all-time high and if you look at the qua quarter and they did everything you need to do >> you would buy the 11% decline. i want to see how it shakes out tomorrow, yes, i would be, to be honest

cnbc. 5:28 a.m. on the east coast. i'm brian sullivan it is a very, very busy thursday morning. let's get right now to your top story. newails emerging on the cause of last month's deadly boeing airplane crash in ethiopia frank holland is here now with more frank. >> brian, authorities have just released a preliminary report on last month's ethiopian airlines crash. it was the second fatal crash involving a boeing 737 max in the past five months ethiopia's transport minister says these initial findings show the plane itself was airworthy the take-off appeared to be normal the report says the pilots repeatedly followed all the procedures, but ultimately, were unable to control this aircraft. it also says there was no foreign object damage to the plane. in a separate statement, ethiopian airlines says the report shows that the plane persistently nose-dived before the crash. the report calls on boeing to review the controllability of the 737 max. it also says airlines should verify boeing's software fix before allowing the max planes to return to service ethiopia's transport minister says a final report on this crash is exp

new york where business never sleeps, this is "squawk box. >>> good morning, everybody. welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at u.s. equity futures. things are looking like we're going to open down dow futures indicated down by almost 100 points. s&p futures off by 5 points and nasdaq down 13 points. we are coming off strong gains on the markets on friday all three major averages posted at their highest level in three months we are talking about the s&p 500's longest winning streak in 18 months. it's been up seven out of seven sessions the dow and nasdaq have been up six of the last seven sessions after friday's job number you did see all three of those major averages ending higher on friday and up for the week as well. >>> let's take a look at what happened overnight in asia the nikkei was off by .2 of a percent and shanghai was flat and hang seng up half a percent. early trading taking place in europe this morning, red arrows across the board not major declines biggest d

business, new york, this is "squawk box. >>> good morning, everybody! welcome back to "squawk box" here on cnbcf news, including some breaking news that's out from david faber just now. david, what can you tell us? >> becky, occidental petroleum has decided to move forward with a public proposal to acquire anadarko petroleum of course, we've been following this story for a couple of weeks, ever since chevron agreed to a deal to acquire anadarko at $65 a share in stock and cash. moments ago, occidental decided -- or has presented a proposal to the board of directors of anadarko to acquire the company for $76 a share, half of that in cash and half of that in stock. viewers may recall a couple of weeks back when the chevron/anadarko deal was signed on the 12th of this month, i believe it was, a friday we had at that time reported on the possibility of that occidental would choose to do this, feeling as though it had been shut out of the final bidding for that asset, having pursued it for a number of years, actually, and feeling as though its proposal at the time, which as we reported was $76 a sha

business. you need an edge on all the economic news and you won't get that from old reruns on cnbc. stuart: yes, yes, yes, stay with us, please. we are open for business. those guys over there at cnbc have the day off. lucky people. >>> now this. "the atlantic," a magazine, reporting that joe biden will announce his candidacy for 2020 next week. come on in, doug schoen. you have to be pleased that biden looks like he's running. >> i want to see if he comes out with a real moderate program or if he tries to prove he's just as progressive as everybody else. i fear he might do that. stuart: if he comes out as a moderate, start here with his policy stands, he might have a very hard time in the primaries because the activists dominate the primaries. >> i agree with that, stuart. i think you are absolutely right. the activists dominate and they dominate in numbers. but also in rhetoric. i worry that they are going to try to take joe biden down. stuart: is this a shot in the arm for the moderates who are left in the democrat party? >> it may be a temporary shot in the arm for we moderates.

to do ♪ don't take your love >> live from new york where business never sleeps, this is "squawk box." >> good morning, everybody welcome to squawk bok here on cnbcare live from the nasdaq market site in times square. i'm becky quick along with joe kernan and andrew ross sorkin. let's take a look at the u.s. equity futures i think they're indicated higher once again this morning with the dow futures up by almost 30 points nasdaq up by 12. the s&p 500 up by four this comes after a mixed day for the markets yesterday. both the s&p 500 and the dow ended higher yesterday the nasdaq was down by a little bit, but we now have six days in a row that both the dow and the s&p 500 have been higher the markets did close. both the s&p 500 and the dow at their highest levels in six months yesterday we'll continue to watch this today. we've got the jobs report coming up, and thatco have an impact on the markets as well. in the meantime, though, overnight in asia. markets in hong kong and shanghai were closed for a public holiday the nikkei was open, and it was up by one-third of a percentage point. stocks were higher in south korea and a little lower in austral

new york where business never sleeps, this is "squawk box. >>> good morning, everybody. welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick along with andrew ross sorkin and melissa lee. joe is off today jason trennert is here >> thank you for having me i appreciate it. >> we're going to put you through the paces today. there's a lot going on with the markets. let's take a look at what's been happening with the major markets. in europe, they're closed for the easter holidays. in the united states the futures are indicated down dow futures down 56 points s&p off by 6.5 nasdaq down by 21. this comes after the first down week we've seen for the s&p in four weeks nasdaq composite has been up and down for the last nine sessions alternating. if you're looking where we stand, you have to put it in perspective. the s&p 500 is about .9 of a percent shy of its record close from back in september overnight in asia, hong kong was also closed for a holiday. you see the shanghai composite was down 1.7%. the shenzhen was off by 1.5% the nikkei ended up by 17 points

cnbc on a busy wednesday morning. exactly 5:28 a.m. eastern time as always, let's kick off the second half of the show with your executive recap frank holland is here with all the newsu need to know. >> i'm right here, and here's what's leading cnbc.com right now. we start off with some ipo news. uber will seek to sell around $10 billion worth of its stock in the ipo the ride share will make its registration documents public on thursday, and that's according to people who are familiar with the matter an ipo this big would make uber one of the biggest tech ipo's of all time the largest since alibaba in 2014 uber is taking a valuation between $90 billion and $100 billion. that range was influenced by the poor performance of rival lyft since its ipo last month >>> the e.u. holding an emergency meeting in brussel ez today to decide whether to give a second extension for this brexit process we're now just three days away from the u.k. leading the e.u., and without an extension this friday, the u.k. could be headed for a hard brexit. theresa may reportedly has no new ideas to overcome the impasse. she is seeking an extension until june 30th. the e.u. is expected to offer

news item, you may recall the white house economic adviser larry cuddler said the fed is to immediately cut business rates right now. but not everyone agrees. the chief economist moody's spoke to cnbc do that, it would be counterproductive, the economy does not need interest rates now, unemployment is at a 50-year low, wage growth is very, very strong, interest rate, should not be cut here, the fed should not cut here, that is according to moody's. >> i have a feeling steve rattner will be weighing in on this. too bad we don't have a camera on him. >> there he is! >> what do you think? good move or not? >> i don't think we need to cut interest rates now. wo we're close to full employment, the economy is still growing. we'll see what happens. >> perfect tease. >> before we let you go, i want you to weigh in on this burger king thing. >> are they really going to make a whopper that is a vegetarian whopper? >> i like the idea. >> is it legal? >> that's going to be the question. the question for you will be do you want your whopper with meat or without meat? with this new collaboration with impossible foods, a company that has come up with a new type of protein made out of peas and it'