you're out of luck, dupont. so despite what looks like an oligopoly as far as the market, you are going to see union powder manufactures and very low prices in the union for this key commodity throughout the war. let's talk about the other side of this though because it's a fascinating second way to understand powder manufacture in america. so let's talk the confederacy. at the beginning of the civil war the confederacy is about half a million pounds of powder in various government magazines and civilian storehouses. sounds like a lot. here's the problem. josiah, the confederate lead of ordinance, will compute exactly what it will need to survive in 1861. he'll compute that the confederacy has 1700 ce artillery pieces. with 40 rounds per gun he'll need 600,000 pounds of powder just to set up the existing canons. for his field artillery he'll need 125,000 pounds and for small cartridges enough to equip the infantry he'll need 125,000 pounds of powder. thus he comes up with 850,000 pounds of powder and that's befo

dupont is knowing poining ,0,000 lal resesents for the last 4 years. knew and still y d did noththin >>>> you want to flush your carr dodown t toilet for some cow hand yo wanant to take everytngng you aknownd trun against nikon -- turn ainst an iconi company like an arartmen clubs theyave all the firepowe they will use it i know. i was one of them. our govevement i is ptive e to dupont thth're trying force y t ma me stst. >> risking his job, faly, for a stranger who needed hp. the s stem is rigged. >> we protect us. we do. amy: that is the trailer for "dark waters," based on the work of attorney rob bilott who is joining us now from los angeles. he has just published a new book tiled "exposure: poisoned water, corporate greed, and one lawyer's twenty-year battle against dupont." still with us is director and actor tim robbins, who stars in film. rob, the latest news of the new report that finds -- has detected highly toxic pfas chemicals in the drinking waters of dozens of major cities across the country? >> yeah. we'relly highlights talking about chem

and created amazing things that dupont was famous for. then they were without a job. we created this innovation space on the campus of dupont and it's a whole new creation, great obs. eda has played a very significant role in helping us to make sure that the innovation space is open for business, helping local entrepreneurs, including some former duponters. start ups, small businesses got off the ground. down at the other end of our state at the southern end of our little state is a place called georgetown. county seat of sussex county, delaware. sussex county is one of the largest counties in america. they raise more chickens than any county in america. they may raise more soybeans han any county in america. they were going to be the home of dwir community college owens campus and they were fortunate enough to receive about $2 million from eda in a grant last year. this grant supplemented about 3 1/2 -- my remarks here this grant supplemented almost 3.5 one million local investment. it leveraged. it helped us leverage from autodealers an

>> one of the names is dupont. ed green came out of retirement. he really turned around and cut costs. he came out of retirement to take over dupont merged with dow and turned it into different pieces. the science business, the dupont specialty business he's breaking this into specialty business >> you like this even though it is down 30% for the year >> yes he signed a deal to sell medical business parts there the rest of the business with the construction here is trading below eight times and we think it should be much higher >> a couple others for us? >> love gm we think gm, you are not getting credit for the restructuring going on there and the cruise automation business which is driverless car, that does have valuation of $19 million we don't think that is reflected well in the stock price. >> gm shares down 14%. tesla is the second most valued automaker behind toyota. >> thank you for joining us today. when we come back, much more on the growing threat and impact on your money we have a live report from main land china one ceo pledging milli

and then it's dupont. you get up at 3:30 and your wife says are you out of your mind?s is what you have to do. >> you want to cover the lsu score but also the montana state score. >> yes, and the mac. the mac conference, david. >> stop it. >> my nose itches. >> you just touch your face constantly. >> will you stop bothering me about it i'm going to start touch your face. >>> let's mention southwest airlines really quick, moving lower this morning according to a draft government report seen by "the journal" the airline flew 17 million passengers on planes with unconfirmed maintenance records over a two-year period transportation department reportedly calls out the faa, characterizing its oversight of southwest as lax, ineffective and inconsistent a spokeswoman says the draft report includes unsubstantiated references to southwest safety culture. dwa gary kelly did talk to us about that culture last week. >> we've established a lot of trust with our customers over near 50 years and we're certainly not going to squander that now i just know southwest airlines i know our p

dupont shares spike more than 1% on the news.ompany recently sold its nutrition business for $28 billion. china is not the only country with trade officials in washington this week. move or economic activity to the mainland. the eu trade commissioner is there as well. we discuss with heather conley of csis. this is "balance of power" on bloomberg television and radio. ♪ david: this is "balance of power" on bloomberg television and radio. i'm david westin. president trump has now signed his phase one trade deal with senate has passed his renegotiated agreement with canada and mexico, which makes europe friends and center as the trade commissioner meets with trade representative lighthizer in washington today. we welcome heather conley from csis. she comes to us today from washington. what do we know about mr. hogan's agenda with mr. lighthizer? >> mr. hogan has been here nearly one week. one of the high points of his arrival was working with his japanese counterpart and u.s. counterpart, investment lighthizer, to produce a pretty

dupont, 3m, and another one which is a spinoff of dupont.y, texas, democratic caller. caller: hi, i wanted to ask you guess the question. now --nking water has it's contaminant level for the maximum -- it has exceeded the maximum level. it says some people who drink water containing bromide in excess of the maximum could have a risk of getting cancer. i know you're talking about some chemical, if have never heard of the chemically are talking about. regulations have been so lax under trump. they have dropped many regulations and it is getting worse and worse. this is the second letter in a year that i have gotten from my water company talking about contaminants. i guess they expect us to just go out and buy our water. can you tell me what this chemical is please? guest: unfortunately, i am not bromate. with fro but i can talk about p fast in your water. i was curious, i missed where she was from. just curious if it was one of the states that was wrapping up -- had tried to set their own drinking water standards. host: she is from texas. gues

once again this bloomberg headline on dupont, the stock is higher for 1.5% we will bring you more we have reach out to them for comment. >>> comingp, u bullish moves in a home improvement stock in two minutes ♪ where others see chaos, we see patterns. ♪ connections. relationships. ♪ when you use location technology, you can see where things happen, before they happen. ♪ with esri location technology, you can see what others can't. ♪ ♪ ♪ looking to get your business off to a fast start in the new year? it's go time! switch to comcast business and get fast internet on the nation's largest gig-speed network. plus, complete reliability with 4g lte backup. and, cloud-based security to help protect the devices on your network. greenlight your business in 2020 with fast internet and voice for $64.90 per month. switch now and get a $100 prepaid card when you add comcast business securityedge. call today. comcast business. beyond fast. sni( options bulls are noticing unusual activity that's what jon fortt is about to get us. stockset getting a nice lift today. tell us about it. >> indeed. thi

. >> a attorney fights dupont. chemicals that have been used since the 1940. >> they are in the bodies of 99% of all americans. >> the group of chemicals are everywhere. >> these are the nonskip chemicals like scotchgard, teflon. they are in everything. >> there could be risks including cancer, birth defects and health problems. >> the companies don't have to tell us if they are using it or dumping. >> jackie spear has been working. >> we were successful to get language in it to require more reporting, more research. >> she says on january 10 the house passed a bill the pieces action account 247 to 159 requiring disclosures, monitoring and clean up efforts, the bill is awaiting action in the senate. firefighters foam is another test. >> we are testing the military sites. >> california is expecting to do more testing with results released in 2021. i'm a warehouse used to make plastics exploded in houston, texas. two were killed in the blast. the blast so strong it moved s was leveled. neighbors showed off holes in t

dupont was a drunk pentacle they plug supplier so shortly after you met martin mcguinness you notice gerry adams is trying to promote him politically trying to get him away from the armed struggle tell me about. initially it was very in those with a cause martin martin was it was o.c. of northern command at the time. and we were we were in the sort of like the tracks on the one hand shane finn was developing it was and it was in baby states you know we were paper sellers the collected money for the prisoner's dependence on reserve . you know all the faith in us is that. but it became noticeable after a while that gerry adams seemed to have this. force 8 of want to take the movement down a different route. not necessarily to the peace road the turner road where they could get some traction out of the british government and. indeed to get martin on board without martin again as the long journey towards peace will never happen just so back then your talking with these high powered people in the republican movement and then what you're flying over to london and meeting stella rimington a

for taiwan was cruelly independent president and a firm no to china's plan to take back the island dupont's controlled so how might they respond to spying when the emphatic when and how far is the u.s. prepared to go to defend its ally this is inside story. hello and welcome to the program i'm off this taiwan has chosen to reject krista ties with china president sighing when who favors independence one of the most folks in the islands history to secure a 2nd term that was just a year ago that a policy suffered major.

kathleen: coming up, dupont -- are said to be reviving a sales push for their joint venture.een told that the american and japanese duo are working with advisers to sell their comical -- their chemical films business for $1 billion. the company makes products used in medical equipment and solar panels. they announced a deal in 201 7, but the transaction was never completed,. uxury stocks had a brief rebound as analyst brushed off the impact of the china buyers. rbc says it is the best place to do with the effects of the virus on sales. but the optimism did not last with the gains being erased by the close. hermes and burberry clinging onto advances. a quick check of the markets in asia. of course, it is the sixth session of losses for the msci asia index, and particular in taiwan significant pressure. as stocks in taipei resume trade following the lunar new year. they are playing catch-up to that losing streak we have seen across other asian equity markets. samsung not helping out. the kospi with his earnings weighing down the coffee by 1.3%. you've got money going into safe

who i met once briefly when he had done an evening for a aspiring student journalist at a bar in dupont circle when i was still a student but i admired him immensely because he was israeli journal whois wrote with such dignity and curiosity about the islamic world and really was a hero of dialogue and pluralism, and so after the kind of overwhelming scale of 9/11, the incredible intimacy in a way of the loss of danny to the world really struck me as terrifying that this was a new and different kind of war. d that not only threaten lives t threatened truth and dialogue and the sharing of experiences around the world that danny represented. and i went back to my dad's advice after laura dieed when shees died i really struggled wh it, and my dad has said to me eventually pl you know if you don't understand the forces that took her, you're going to be overwhelmed by the fear. we fear thing we don't understand, and he had introduced me e to the newspaper. and as a third grader that was just a completely transformative thing for me, and i read with real care and a not superhealthy but i felt

the lows of the session, but we're still down triple digits some of the big losers, take a look at dupont posting a weak earnings outlook ibm, nike, united health, also lower then we're looking at different parts of the market responding to the coronavirus fears. cruise lines under pressure as we await test results from a 54-year-old chinese woman who was put in isolation on board a cruise ship in italy which is own eed by carnival carnival down 12% in one month what's interesting is that in the past couple of days, technology has held up well especially after those better than expected results from apple, but with facebook's result, nasdaq down 6%, a number of technology stocks are trading to the downside. real estate now in negative territory. ewe tutilities, their yield of that sector is higher by .3% just putting the ten year yield into perspective, keep in mind the 2019 low on the ten-year was 1.5% thank you. >> all right, thank you very much the coronavirus fears hitting stocks in the centers around the world, around concerns that it will take a bite out of gdp down the line, but fo

dupont, i mean, we may or may not have, these guys all make face masks. this is coming at a time when the economy in china is sluggish. latest numbers at 6.1%. you're getting hit with this massive virus that seems to pop up around the globe. you're seeing a stock reaction. deirdre: pretty frighten. kristina, thank you. connell: the broad market for stocks, the story was the comeback late in the day. in addition we're watching oil. oil got caught in the coronavirus fear factor if you will. in the floor session crude settled nearly a two month lull, 55.59 a barrel. so to phil flynn out in chicago on the floor of the cme. take us through what we're seeing. >> early on, connell, we were hunkering down on the price of oil. demand destruction talk all over. you have to consider the fact when you shut down some of major cities in china, 23 million people quarantined, airports shut down, that means demand destruction to oil traders. we're going to see probably hundreds of thousands of barrels of jet fuel that would have been burned over the next couple weeks not

than: economy wise, other -- pete dupont was the guy who built the wmu are tv studios -- wmur tv studiosn manchester because he spent so much money in the day. with 11wise, even they spentdidates, some time here, sometime in iowa, i have not seen a recent dollar figure on how much that is. i am sure the state would say it is worth $8 billion. but it is a point of pride for the people. the local public radio station in new hampshire did a podcast this year called "stranglehold." and it is a series about the new hampshire presidential primary. but it is very negative about the primary, and i am wondering, all the people in new hampshire who support and listen to that station, what are they getting for their buck? it was astonishing to me. i listened to two episodes and stopped listening because i was no longer interested. maybe they said some good things about it. the unveiled one of first towns to vote, does not have a lot of people in it and they have to find people to have enough to vote. this time, they got a fifth guy to come in and register. he happens to own the mothball hotel, and

lines the company says it had its largest market share gain as measured by value in nearly a decade dupontt performer on s&p, beating on eps, but giving weaker than expected guidance saying nylon pricing will hit full-year results. let's go over to sue herera for a cnbc news update hi, sue. >> hello, ty. >>> the white house is touting its efforts to curb the opioid epidemic officials say treating the epidemic as a public health crisis is the key. >> addiction over opioid abuse disorder is a chronic brain disease. unprecedented numbers of individuals who are now receiving treatment. our estimates are over 1.3 million individuals are now on medication assisted treatment and getting the psychobehavioral support and wrap-around services that they need. >> lincoln davies, dating dawn dunning in 2004, testifying at the harvey weinstein trial that she came home shocked, upset and angry after a hotel meeting with the movie mogul. that's where weinstein allegedly offered her movie roles in exchange for three-way sex, according to dunning's testimony on wednesday. >>> the u.s. postal service honorin

mosaic fertilizers dupont, new corps steel, international paper, eastman kodak.oncern about pulp and paper prices for corrugated cardboard leading to those declines. scott, you wonder whether those building materials trades carry through positively if there is any fiscal stimulus with regard to spending. >> joe, take a stab at this, either from the winners or the losers you used to talk about sherwin williams, not to be confused with sherman williams which you called it one time let's talk about sherwin williams. >> nice of you to remind me scott. >> but get it right. >> i will say a lot of this depends on a turnaround in manufacturing. that is so important getting the materials sector moving once again. >> who is banking on that? wide shot. raise your hand. >> exactly >> you are >> yeah, i mean i am taking that as the cap ex pick up i have been calling for since this phase one deal was signed. >> you agree with joe. continue then. >> my exposure is basically the gdx. i just have gold the purpose of gold is -- >> the make money in the last year it has been to mak

how can big companies that depend on china, dupont, 3m recover from this does appointing quarters. what would it mean for all the big car companies, especially the germans but also gm. that's the key here. china is not just exporting a virus. it can export a slowdown europe is their biggest trading partner. with this major internal, their growth is going to slow, just when i thought the banks there were getting their footing second problem, there are some cracks in our own economy. one visible is travel where people are cancelling going to asia but right now 6,000 people are stranded on a carnival cruise ship off the coast of italy because of a suspected case of the coronavirus. the stock has weakened and stayed down, even after the average redounded. it's reasonable to expect air traffic overall will be curtailed because of passengers worrying that every plane could be a gigantic incubator for this disease. there wouldn't be such a run on face masks mine don't come until february 10th the masks probably won't protect you. however, those worries, because everything is either or, co

economy wise,w, other than -- pete dupont was the guy who built the wmur tv studios in manchester becausee spent so much money in the day. economy wise, even with 11 serious candidates, they spend some time here, some time in iowa. i have not seen a recent dollar figure on how much that is. i am sure the state would say it is worth $8 billion. but it is a point of pride for the people. the local public radio station in new hampshire did a podcast this year called "stranglehold." and it is a series about the new hampshire presidential primary. but it is very negative about the primary, and i am wondering, all the people in new hampshire who support and listen to that station, what are they getting for their buck? it was astonishing to me. i listened to two episodes and stopped listening because i was no longer interested. it is long for one thing. maybe they said some good things about it. they unveiled one of the first towns to vote really does not have a lot of people in it and they have to find people to have enough to vote. this time, they got a fifth guy to come in and register. he ha

it turned out that dupont had a technology on the shelf, which they introduced, which was treat -- whichas cheaper than what people were using. they solved it quickly and everybody was happy. the question is, it is an argument that people employed for a price on carbon. basically using a carbon tax or a cap and trade. let me say this. the good thing about california is we try everything. we've tried everything. some of it works, some of it does not. when it comes to what works, in terms of greenhouse gases and climate, we literally have had a price on carbon since 2006. and we have tried every single one of these other things. my answer is this, a price on carbon, whether it is a carbon tax or cap and trade system, has an impact but it's not that big. as somebody who has spent 30 years in the private sector and believes we need an innovative, dynamic, competitive private sector, what works in the real world, believe it or not, is rules. people this is where we are going, these are the parameters and they invest against those rules knowing they are not going to change. schulzthe things ge

and it turned out that dupont had a technology on the shelf which they introduced which was cheaper than what people were using so they solved it really quickly and everybody was happy. and the question is, it's an argument that people employ for a price on carbon, basically using a carbon tax or a cap and trade. and let me say this. in california, the good thing about california is we try everything. we've tried everything. you know, some of it works, some of it doesn't work. but when it comes to what works in terms of greenhouse gases and climate, we literally have had a price on carbon since 2006. and we've tried every single one of these other things. so my answer is this. a price on carbon, whether it's a pricarbon tax or a cap and tr system, it has an impact but it's not that big. for someone who believes we need an innovative, dynamic private sector, what works in the real world, believe it or not, is rules. you tell people, this is where we're going, these are the parameters you have to work in, and they succeed by following those rules. if it's short term, people don't know what

dupont gave a not so rosy forecast, hit by leak nylon prices. long time since i heard that one.lons. a long time ago. that stock is down 4.8%. verizon hit the market down one and half percent. apple could face supplier issues, foxconn is asking employees to stay home at least some of them and apple is down to 322. this is going to cut quite deep to apple. what to know about this. >> i think apple is a physician interface is a gated company with a diverse supply chain and be able to work their way around. i had concerns with apple and they had to do before the 5g phone. will the world want to update and willingness expectations answer is no. they have done just fine. everybody wanted $250 your pride, the company is making great money. >> they have to close half the stores in china as well. i was speaking to tim cook and california and he said the number one priority are our employees. but do they bounce back quickly they absolutely do. will this impact earnings, hard to say what they forecast much stronger sales than anticipated in the first quart of fishing. much higher but a wi

ceos are saying about the coronavirus outbreak and looking at shares of facebook earnings out from dupontatching estimates on the bottom line and reporting lower than expected revenue that stock luke like it is down about 2% we'll be back after this what do advisors look for in an etf? don't just track an index, help me meet a client's need. is the fund built to sell or built to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to their goals. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. ♪ ♪ i've been a caregiver for 20 years. no two patients are the same. predicting the next step for them can be challenging. today we're using the ibm cloud to run new analytics tools that help us better predict and plan a patient's recovery. ♪ ♪ ultimately, it's helping thousands of patients return ho

when you look at alpha pro tech, companies like lakeland industries, dupont, all of those make the preventivee masks, those are surging double digits percentage-wise today as well. stuart: you see those pictures and absolutely everybody is now wearing a face mask. it is completely universal. ashley: but they are open at the sides. a lot of health professionals say it may make you feel better but doesn't do a lot. stuart: alpha pro tech make the masks and are up 27%. we are told the cdc, the centers for disease control, will give an update on the situation at 11:30 eastern time this morning. let's see what happens then. that could move the market. 11:30. we will be watching for you. >>> now let's focus on big tech. apple, microsoft, facebook, amazon. they all report this week. look at this. all of them are very significantly lower. look at apple is down nine bucks. google is down 36. apple is taking 72 points out of the dow. it is a dow stock, major loss there. facebook is down four bucks. amazon is down 35. microsoft down 3.60. why are the tech stocks taking it on the chin like this? >> most