before we do that check out shares of ncr.losing almost a quarter of its market value after the company is no longer trying to sell itself, of course, it had been on the cusp for some time, trying to get a private equity deal done but as a reported earlier and i have in previous weeks, the financing markets particularly for noninvestment grade given the size of the financing, seven to 8 billion, just very difficult to get done, instead they choose to split the company into its atm division and it's digital processing division we're ba aerhickft ts. ising. and the effects are being felt everywhere. that's why at chevron, we're increasing production in the permian basin by 15%. and we're projected to reach 1 million barrels of oil per day by 2025. all while staying on track to reduce our carbon emissions intensity in the area. because it's only human to tackle the challenges of today to help ensure a brighter tomorrow. it takes a village to support society and businesses have a responsibility to support that village. ♪ ♪ i am pe

can we look at ncr, because it is not a pretty picture.deral express here down 21%. right now after the provider of automated teller machines, announced it's going to split into two companies rather than sell itself. after the split, one company is going to focus on digital commerce while the other will focus on atm's, and ncr says tough financing markets cut its efforts to find a buyer even though it did come close with several private equity firms that kicked the tires before deciding nope and walking away. and nordstrom down 18% year-to-date is actually higher by 2% right now, after mexican high end department store chain liverpool acquired a 9.9% passive stake. the high end retailer, one bright spot where you see much of the retail sector selling off , and by the way, while we're on the subject of retailers and shopping, might not feel like christmas is around the corner, but it is officially 100 days until santa packs up his sleigh and hopefully heads to your home and target, walmart, amazon, they are already letting parents know exac

update on some stocks that crateredded last week, ncr continuing to lose steam, down just under 1%.cturer from overweight to equal weight saying the company's path is more unclear since announcing that it would split into two entities. and adobe also continuing to fall if after two horrific days last week, down another 1%. wells fargo slashing adobe's price target after computer software company announced it's going to purchase figma, which is privately traded. the price was high, more than $20 billion, and people are wondering why are you spending all this money when it doesn't have that much revenue coming in. >>> investors in purple innovations, the parent company of purple mattress, sleeping well at this hour. [laughter] i would bet. look at the stock, up 42% after the company received a takeover offers and that -- offer and that came from coliseum capital, an offer to pressure all of the shares at $4.35 a share. and even with this gain of close to 43%, purple's share price, $3.98. so that's a good sign if you're for this merger. the capital management company owns 49 of purple'

shipping volume decreasing we'll end on ncr those shares are lower sharply after it announced to separateigital business and the other on the flagship atm business. joe, nrc, formal national cash register down 14%. i'll send it back over to you. >> new this morning, the white house with the first digital section has been the figure. >> the fed should keep looking into a central bank, digital currency the white house said a digital dollar could offer significant benefits illicit finance. the administration is considering whether to amend the bank's rules to see these transactions. >> financial institutions including those who are trading back and forth what's a financial inches city snugs is it anybody who holds a part when we are three. >> if i wanted to illicit trades, i wouldn't do it through jpmorgan. >> no, swiss bank. >>> all right. speaking of the biden administration, when we come back, transportation secretary pete buttigieg is going to join us live with key details of how this week's railroad deal came together and wth hthksheere in it can stick stay tuned you're watching "squawk