now let's brief you on some other business stories: ride—hailing firm uber will list on the new york stock exchanges of the year. it comes as smaller taxi app rival lyft prepares to list on the nasdaq exchange, which is dominated by tech firms such as google, apple and facebook. uber is expected to launch its initial public offering in april and may be valued as high as $120 billion. britain's tate galleries have joined the national portrait gallery in refusing further donations from the wealthy sackler family, whose company purdue pharma has made billions of dollars from the prescription painkiller oxycontin. purdue faces claims it misled regulators over the dangers of oxycontin, held responsible for helping to fuel the us opioid crisis which has led to thousands of deaths, claims the sacklers vigorously deny. asian shares were up but they are now down. plenty more on the market is coming up later and also the news briefing coming up. do stay with us. police searching for libby squire have confirmed a body recovered from the humber estuary is that of the missing student. she was last seen in the e

why is it floating on the new york stock exchange and on the new york stock exchange and on the nasdaq technology focus, the betsy themselves as beyond that. if they do, we are talking at $120 billion? that is what they hope to get. it has revenues of about $12 billion, does not make any profit so you will need some strong binoculars to see the profit in the future. but we will see. but meanwhile, lyft are launching on the —— nasdaq was like yes, that will set a benchmark for what we value add. let's talk about the pink attacks. not because i am wearing it! m —— at the pink attacks. —— pink tax, this is women? toiletries costing more than men. basically if you buy a shampoo for women, it costs more than men and it is barely any different. we asked viewers to tell us different. we asked viewers to tell us whether or not this was fair and we had quite a lot of tweets. john said, they don't cost more, well, they do. but he says that women are prepared to pay more. this one says, shampoo shampoo, shower gel shower gel, stop falling for the marketing. this one says, just use men's products.

uber's picked the new york stock exchange for its ipo. ey are planning to file publicly in april, several weeks from now. they have already filed confidentially with the sec. we are seeing that there is a shift between the exchange because new york stock exchange is not typically the venue for newer economy stocks. we have seen apple, google, microsoft, all trading on nasdaq. picked an unusual an because an executive executive at uber used to work at the new york stock exchange. they wanted to differentiate themselves from lyft. they want to be as different as possible. the similar dynamic happened chinese online retail this is part of their strategy. we should expect that filing very soon. from there we will see what the price range is going to be for uber. nejra: thank you so much. now let's focus on the world's largest economy. stocks on the s&p 500 rose to a five-month high yesterday. bond yields slumped. the 10 year yield at its lowest in more than a year. the fed signaled no more hikes in 2019. -- still with us, carl and diana. carl,

, an unconventional pick for a new economy stock, because we have google, microsoft trading in the nasdaq, whereas the new york stock exchangen see here is that there's probably a sentimental value in why they picked the new york stock exchange, because the rubber cfo used to be an employee and the new york stock exchange. also what they are trying to do, and they are probably trying to differentiate themselves from lyft, which is also racing toward ipo. ♪ >> xiaomi quarterly profits beating estimates, seeing higher prices for its top products, a cyclical downtown when it comes to smartphone demand globally. what were the major drivers we ended up getting this profit surprise for? >> xiaomi's numbers are quite impressive. knows thatin general it slow down significantly in the fourth quarter from double digits to low single digits. but the company continues to increase average selling price for three straight quarters since the ipo. 17%, and not only that but the new strategy in january is they will split from the brand, another way for them to test the market to have higher selling prices. company,s well for the weathering t

levi's strauss making the debut at the new york stock exchange here's video of the post of earlier todaye stock as we just said up 32%. opened at 22 bucks 22 and currently at 22.50 or so. the new york stock exchange president stacey cunningham joins us now in an exclusive sbr interview. good afternoon. >> thank you so excited to be here. >> we'll come to the changing rules and the jacket you're wearing in a moment but it's gone well this ipo we've had a sort of lull how pleased are you with how it's gone and will that trigger a wave of more ipo snz. >> we saw a slowdown in the market this year for a couple of reasons. there's the volatility at the end of the year and then the government shutdown. we sow some companies being held up a little bit. i do think we'll catch up and be on pace to where we were on track for before and i think q2 is a busy ipo quarter. >> on track for what kind of number this year across all ipos, some people thought crossing 100 billion in 2019 is that still on the cards >> i would say there's large companies out there queued up and ready to go and if everything

now there are some rules that the new york stock exchange has upheld to this day one of them no business attire no entry meaning if you're wearing jeans you're better off getting in line at the hot dog stands out on broadway on thursday these rules were relaxed traders showed up wearing denim pants and jackets the reason for the unusual dress code levi strauss one of the world's best known jeans brands made its way back onto the stock exchange after a thirty four years of absence. now levi's shares were up more than thirty percent and thursday's trading session i guess that's what a successful i.p.o. looks like and there could be more of this to come here as a wall street correspondent yes quarter with more. it's a promising start to a year that could see new records when it comes to i.p.o.'s overall some analysts on wall street estimate that with new companies coming to the stock exchange the wall street might raise about one hundred billion dollars that would be a new record and exceed the former record that still holds from the year two thousand we remember the time of the adopt a bub

outside also coming up during a denim styled iconic jeans brand levi strauss is back on the new york stock exchange we'll get the latest from our markets correspondent and no pete no problem our german maestro distillers are trying to woo whiskey aficionados. i'm chris cuomo welcome to the program the likelihood of britain's departure from the e.u. in less than ten days without a deal still looms ominously and the costs of such inaudible bragg's abroad be high for both the u.k. and you members germany's bertelsmann foundation now that the math. no deal breaks it would hit the heavily industrialized german state of north rhine-westphalia particularly hard the state's top three exports to the u.k. include cars chemical products and mechanical engineering services this is a tariffs and other trade barriers will make products and services more expensive this ensures that prices rise and that people can buy less with their incomes the second factor is competition with a bricks it competition becomes weaker the battle for the best products and services is decreasing. of course and no deal breaks it would

both companies and the new york stock exchange have so far declined to comment.returned to the stock market in new york on a high. giving —— the sharesjumping more than 30% on a debut, giving the iconicjeans maker a market value of over $1 billion. the company's chief executive told the bbc how the 166—year—old denim company aims to improve its market share with women. one of the few apparel brands where our women's business is signicantly smaller thanour the men's business, at only 20% of the business a couple of years ago. today, it's almost one third. but still significantly smaller than our men's business. we are number one in women's denim bottoms globally with a 9% share. so it is a very fragmented market. there are a lot of shared owners. and it has also been one of our fastest growing businesses. in the women's market, fans come and go at a quicker rate. it is a more expensive business to be in. it is. we are working on some technology that could reduce — significantly reduce the fashion risk, if you will, and let us chase things that work quickly. but wh

let's get right to our traders at the new york stock exchange and the cme group. jonathan corpina at the new york stock exchange, we knew the global economy was slowing down. we have been talking about it for some time. but is today's action reflective of the fact we now recognize that the u.s. economy is also slowing down? >> you know, ashley, i don't think today's activity's really displaying that. i don't think we should get into panic mode. we had a nice upswing in the market yesterday. we have a selloff today. the bank of america comments that came out, that's diversification, right? we had up 13% or so far this year in the s&p. investors are taking some profits off the table, putting it in a safe haven for now. i'm sure that cash is going to come back in. we have continued to move on an upward projection, economic data has been better, earnings overall have been better, and i think every day we are getting closer and closer to a resolution with the tariff concerns that we continue to talk about. i think overall, the market is in a good place, it's in the righ

uber has hailed the new york stock exchange for its stock ride, one of the biggest listings of all timeis is bloomberg. ♪ >> 10:29 a.m. in hong kong. i have the first word headlines. we start with the european union where leaders have given theresa periodrexit extension they say if you look a lot -- u.k. lawmakers don't endorse or deal next week, she'll have until april 12 to decide whether to leave without agreement or request a longer extension period it removes the immediate possibility of a no deal brexit in seven days. >> the cliff edge date will be delayed. the u.k. government will still noe a choice of a deal, deal, a longer extension revoking article 50. date in termskey of the u.k. deciding whether to hold the european parliament elections. reports from london say theresa may has been told to step down as prime minister. says the most graham bradyal spoke to her monday and said a growing number of tories want her out. has beenay brady bombarded by messages from lawmakers urging him to tell her to resign though it is not yet clear what her reaction was to the warning. to brazil

i'm carl quintanilla live with sara eisen live at the post 9 at the new york stock exchange. oving a bit here dow up 50 points and apple up 2.5%, but the big story today, of course, is a new ipo, the largest listing on a u.s. exchange this year. >> our road map for the hour starts there levi strauss, the 166-year-old jean-maker set to return to the public markets right here at the new york stock exchange. we've got you covered. >> plus, shares of biogen are plunge after ending a trial for a potentially bloc buster alzheimer's drug it's on pace for the worst day since '08. >> and a global economic slowdown concerns coming to light we're going to break down the state of the consumer, ceo of restaurant brands international, parent company for burger king, pop eyes and tim hortons is with us >> first stop, the world's largest denim brand as a private company, but that's about to change levi strauss set to go public right here at the new york stock exchange pricing above the rake at $17 per share it's the second time the company is going public. remember, after being taken private

has fixed the new york stock exchange for eminent ipo. erg learns it could take place in april and it could value the company as much as 128 $2080 >> what we have learned is a stock exchange, which is an unconventional pick for a new economy stock because we have google, microsoft, hasaq whereas u.s. regional-based. there is a sentimental value as to why they picked the new york stock exchange of the nasdaq because some child abuse to be an employee at new york stock exchange. also, they are trying to differentiate themselves from lyft, which is also racing to an ipo. estimates, beating seeing higher practice for its top two products say off -- staff when it comes to downturn. what were the major drivers we ended up getting the pretzel as a surprise. you know the market in general it down significantly in the fourth quarter from double-digit to low single-digit , continue to -- continue to decrease. 70%four q and asp rose and and not only that, but the new strategy in january that they -- is another way for them to pack the market, to have

emily: we also had some news from uber that they are choosing the new york stock exchange. terest also choosing the new york stock exchange. the biggest tech companies are listed in the nasdaq, but the trend to do that has changed. there was a big glitch with the nasdaq that affected listing. what should we take away from this decision to choose the new york stock exchange by uber and now pinterest? elizabeth: nasdaq started out as the listing choice for these companies. we saw smaller companies coming to market. now, maturer companies. pinterest has been around for almost 10 years, uber the same. they are going to wear the biggest companies. i think the shift is partly duehi in the size and maturity of these companies. emily: i want to get back to special counsel robert mueller's report that has been given to the attorney general. the doj has been notifying key lawmakers that attorney general william barr has received this report and it will take some time to review. we have been waiting for this now for 22 months. this is not the end. this is actually just the beginning. a

diane king hall is at the new york stock exchange with that and more. ing. >> reporter: good morning. apple is expected to unveil two new offerings at a special event today. a video streaming service and new subscription platform. the streaming launch would place apple in a crowded field of video providers. its biggest competitors include netflix, amazon prime video, and hulu. some of apple's current services include the app store, itunes, apple music, and icloud. >>> on friday, bank shares led a sharp decline on wall street. the dow plunged some 460 points. the s&p 500 lost 54, and the nasdaq tumbled 196. >>> henry avocados is recalling whole avocados over possible listeria contamination. the company based in san diego said they were sold across california, arizona, florida, wisconsin, north carolina, and new hampshire. there have been no reports of any illnesses associate the with the avocados. listeria is bacteria that can cause fever, diarrhea, and more dangerous complications in pregnant women. >>> there was no grand prize winner in the powerball sa

diane king hall is at the new york stock exchange with that and more.d morning, diane. >> reporter: good morning, anne-marie. on the earnings calendar, home builder lenar and athletic wear retailer lululemon will report financial results today. here on wall street, energy and bank shares pushed the market higher tuesday. the dow industrials rallied 140 points. the s&p 500 gained 20, and the nasdaq added 53. >>> even though they fell last year, wall street bonuses are outpacing minimum wage growth. according to data from the new york state comptroller, wall street employees saw annual bonuses drop 17% last year. despite the decline, bonuses are 52% higher than a decade ago. and if the minimum wage kept pace with the same growth, the baseline wage would be $33.51 an ho>>n lau f app to block robo calls. the company already offers a paid app to block calls which cost $2.99 a month. according to a global robo call radar, users received an average of seven spam calls per month nationwide. verizon expects to launch the new service by the end of the month. >>>

diane king hall at the new york stock exchange., diane. >>> well, still to come, garth brooks helps a fan in a low place. the country music star helped a terminally ill woman fulfill a concert dream. concert dream. swelling. the tenderness. the psoriasis. tina: i had to find something that worked on all of this. i found cosentyx. now, watch me. real people with active psoriatic arthritis are getting real relief with cosentyx. it's a different kind of targeted biologic. cosentyx treats more than just the joint pain of psoriatic arthritis. it even helps stop further joint damage. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor about an infection or symptoms. if your inflammatory bowel disease symptoms develop or worsen, or if you've had a vaccine or plan to. serious allergic reactions may occur. i got real relief. i got clearer skin and feel better. now, watch me. get real relief >>> next at 4:30 am,

has picked the new york stock exchange for its imminent ipo.ll take place in april and could value the company at $120 billion. uber would only have to float about 60% of its shares to make the top five listing of all time. uber would only have to float about 16% of its shares to make the top five listing of all time. 2700ed by more than journalists in more than 120 countries. mao in hong kong with your first word news. most of the west is cautious about dealing with china. is imposing anion continent wide vetting process for chinese investments. etc. and european countries that were close to insolvency a , as much as insolvency as possible, have been much more welcoming. as president xi jinping needs officials in rome, italy is set to become the first g7 nation to participate in china's infrastructure projects. tomarie: let's take it back seven centuries ago. marco polo turned his city into the westernmost point of the silk road. another chinese city is eagerly to the its belt initiative. the master plan has a wish list of one billion euros. t

marc liverman at the new york stock exchange.. >>> still to come, twin basketball stars will meet the martin brothers as they make a push for an ncaa championship. luckily there's me, cologuard. the noninvasive test you use at home. it all starts when your doctor orders me. then it's as easy as get, go, gone. you get me when i'm delivered... right to your front door and in the privacy of your own home. there's no prep or special diet needed. you just go to the bathroom, to collect your sample. after that, i'm gone, shipped to the lab for dna testing that finds colon cancer and precancer. cologuard is not right for everyone. it is not for high risk individuals, including those with a history of colon cancer or precancer. ibd, certain hereditary cancer syndromes, or a family history of colon cancer. maybe i'll be at your door soon! ask your doctor if cologuard is right for you. covered by medicare and most major insurers. >>> more than 1000 people are feared dead after a cyclone hit the african nation of mozambique. >>> caltrans wo

diane king hall is at the new york stock exchange with that and more.ane. >> reporter: good morning, anne-marie. a summit to seal a trade deal between president trump and chinese president xi jinping will not happen at the end of this month as previously planned. treasury secretary steven mnuchin says more work is needed in the negotiations. mnuchin says both sides are working to reach a deal as quickly as possible. president trump delayed a threatened march 1st tariff hike on chinese goods following a late february round of talks. >>> on the economic calendar, investors will get insight into how consumers are viewing the current state of the economy today. the university of michigan will be releasing its reading for march. here on wall street, the dow closed up seven points. the s&p 500 shed two, the nasdaq lost 12. >>> connecticut's highest court has sided with the families of sandy hook shooting victims ruling a wrongful death lawsuit against gun maker remington can go forward. the ruling is a victory for the families who have argued that remington,

diane king hall is at the new york stock exchange with that and morning.g. >> reporter: good morning, anne-marie. we begin with yet another privacy problem for facebook. hundreds of millions of user passwords have been exposed to facebook employees. this includes facebook and instagram users. however, no passwords were exposed externally. facebook also claims has not id information being abused. >>> on the economic front today, wall street will be watching for u.s. manufacturing data for march. this is an indicator of economic health for manufacturing and the services sector. existing home sales for the month of february will also be released today. issue watchers are hoping to see a rebound after three months of declines. >>> booming tech shares carried wall street higher thursday. the dow rallied 216. the s&p 500 gained 30, and the nasdaq jumped 109. >>> british prime minister theresa may's brexit deadline head been extended to late may. the extension was granted with conditions that british lawmakers approve a withdrawal agreement next week. if lawmaker

now there are some rules that the new york stock exchange has upheld to this day one of them no business attire no entry meaning if you're wearing jeans you're better off getting in line at the hot dog stands on broadway on thursday these rules were relaxed freighters showed up wearing denim pants and jackets the reason for the unusual dress code levi strauss one of the world's best known jeans brands made its way back onto the stock exchange after a thirty four years of absence. now levi's shares were up more than thirty percent in thursday's trading session i guess that's what a successful i.p.o. looks like and there could be more of this to come here is a wall street correspondent yes quarter with more. it's a promising start to a year that could see new records when it comes to i.p.o.'s overall some analysts on wall street estimate that with new companies coming to the stock exchange the wall street might raise about one hundred billion dollars that would be a new record and exceed the former record that still holds from the year two thousand we remember the time of the dr called bub

diane king hall is at the new york stock exchange with that and more.iane. >> reporter: good morning, happy friday, anne-marie. well, a flurry of economic data today. january numbers on house starts and building permits will be released with economic data. on the earnings side, big lots and navastar among the companies that will release reports. on wall street, the losing streak continues. the dow closed down 200. the s&p 500 dropped 22, the nasdaq lost 84 points. >>> this morning the labor department will release the have added 180,000 jobs during february. congress expected the unemployment rate to drop 3.9%, the lowest since september. meanwhile, the labor department is proposing expanding overtime eligibility. under the new rule, an additional 1.3 million americans who work more than 40 hours a week would become eligible for overtime pay. the rule would increase the annual salary threshold that determines who qualifies for time and a half pay from about $23,000 a year to $35,308. >>> and corona is getting into the non-beer drink business and will re

levi strauss back on the floor on the new york stock exchange. they will start selling shares at $17 apiece at a valuation of $6.6 billion. the formally public company was taken private back in 1985. pay attention to what the traders wear today. they're going to wear denim from head to toe to celebrate the return. nike will report third quarter earnings after the bell today. analysts are expecting pretty strong results. nike expected to earn an estimated 65 kepts per share on $9.61 billion in revenue, nike shares up 17% this year. the powerball jackpot, are you ready, $625 million after nobody won yesterday's drawing. winning the big prize is nearly one in 300 million. so there's a chance. the next drawing, if you're feeling lucky, saturday night. cheryl.cheryl: in case i misset yesterday, our very own lauren simonetti rang the opening bell along with building homes for heroes at the ne new york stock exchange. they're a nonprofit in the new york area, they give custom homes to wounded veterans. looking good there, lauren. got your hands up high.

diane king hall is at the new york stock exchange with that and more.ng, diane. >> reporter: good morning, anne-marie. members of the federal reserve will be speaking overseas today. investors will be looking for clues on the central bank's overall economic outlook this year. notable earnings today include accenture and restoration hardware. losses in tech and health care companies pushed stocks lower wednesday. the dow closed down 32 points. the s&p 500 lost 13, and the nasdaq dropped 48. >>> facebook says starting next week it will block content on white nationalism and separatism.hing f tewirected to a charity which combats far-right extremism. the social media giant pledged to improve its ability to identify and block material from terrorist groups. facebook has come under pressure after a gunman livestreamed zealand. >>> u.s. security officials have ordered a chinese to sell the gay dating app grindr. the gaming company has owned the app grindr since 2016. officials are citing the risks that the personal data it collects could be exploited to black

a live look at the big board at the new york stock exchange. 're slightly down this morning so far. another update coming up. >>> plus, the same air pods with slightly new features. we'll talk about it next. >>> is there an easy way for you to save more than $100 a year on your auto insurance? i'm michael finney. this is a 7 on your side quick tip. a lot of people don't know that how you pay can mean as much for a discount as who you pay. let me explain that. here's how auto insurance works. you're billed every year or maybe every six months. i know what you're saying. wait a second, i pay every month. you do, but you're often charged an extra fee for that monthly payment. here's what you do. pull out your bill. go down the line and you'll see a line for monthly billing. how much? $5, $10. up to $120 a year. just so you can pay every month rather than once or twice a year. get rid of that. call your agent, tell them what you're >>> dress the kids cooler for cooler conditions. dress them warmer. a little bit of fog on the north bay bus stops. we'

diane king hall is at the new york stock exchange with that and more.rning, diane. >> reporter: good morning, anne-marie. on the economic calendar today investors will look at durable goods orders for january. market watchers look at the date as an indicator of spending on big-ticket items like cars, planes, and electronics. meantime, stocks finished mixed yesterday. the dow closed down 96 points, the s&p 500 was up 8, and the nasdaq gained 32. >>> lumber liquidators has agreed to pay a $33 million penalty for lying to investors over sales of its laminated flooring from china. this follows a "60 minutes" undercover investigation in 2015. federal authorities accused of company of falsely saying the chinese-made flooring met formaldehyde emissions strrsds. -- standards. they halted the sale of laminate flooring in the u.s. >>> dick's sporting goods will stop selling firearms at 125 of its stores nationwide. the concept was tested at ten stores last year. those stores posted strong sales and profit margin numbers in the fourth quarter. you may recall the c

diane king hall is at the new york stock exchange with florida and morning.ng, diane. >> reporter: good morning. e chairman of the federal reserve sat down for a rare interview on "60 minutes" last night. president trump has been highly critical of the fed's interest rate hikes. now rates increased four times in 2018. chairman jerome powell weighed in on whether or not mr. trump can fire him. >> can the president fire you? >> well, the law is clear that i have a four-year term, and i fully intend to serve it. >> so no in your view? >> no. >> how independent is -- >> reporter: powell went on to say that president trump's criticism of the central bank and its interest rate hike played no role in the fed's decisions to hold off on raising interest rates for now. >>> today, january's retail data kicks off a busy week filled with key economic data. now this report was delayed due to the partial government shutdown. on wall street, the dow closed down 22 points friday. the s&p 500 lost five. the nasdaq dropped 13. >>> igloo has recalled eight different coolers afte

diane king hall is at the new york stock exchange with that and more., diane. >> reporter: good morning, anne-marie. as earnings season winds down, two major retailers will release reports today. we'll hear from costco and kroger. investors will be watching these grocery giants closely as competition increases. last week amazon announced plans to launch another dozen or so grocery stores in major u.s. cities nationwide. >>> here on wall street, the losing streak continues. the dow closed down 133 points yesterday. the s&p 500 lost 18, and the nasdaq dropped 70. >>> facebook ceo mark zuckerberg has a new plan to improve privacy for facebook. zuckerberg wants to shift focus to encrypted private communications across its messaging services and better protecting user data. this comes amid backlash over troublesome privacy controls and the cambridge analytica scandal. >>> amazon is closing all of its popup stores in the u.s. amazon has 87 popup locations inside whole foods, kohl's stores, and malls. the stores let customers try and buy its products and servi

diane king hall is on the new york stock exchange and more.ood morning. >>> good morning, some major retailers will still be reporting holiday results. department stores and big box retailer target reports today. ross and urban outfitters set to release earnings. on wall street, the dow dropped more than 206 points monday. the s&p 500 lost 10, the nasdaq fell 17. >>> purdue pharma is reportedly preparing for a possible bankruptcy fing "the wall street journal" says the company wants to contain liability from hundreds of lawsuits alleging it fueled the nation's opioid epidemic. losses in 60 counties and states. by widespread opioid abuse. the company has denied allegations. >>> pharmaceutical company eli lilly will now sell a less expensive generic version of its rapid-acting insulin. the generic insulin will sell for $137 a vial, half the price. the move comes amid growing concerns about the soaring price of prescription drugs. last month, pharmaceutical executives were grilled before a panel about skyrocketing drug prices. >>> the fda is accu

diane king hall is at the new york stock exchange with that and more. od morning, diane. >> reporter: good morning, anne-marie. we begin with the latest news from the federal reserve. the fed has decided not to raise interest rates with chairman jerome powell suggesting the central bank will likely leave its benchmark lending rate unchanged for months. >>> and there are two big consumer names to watch today. nike and levi, for different reasons. nike will report third-quarter results. and after 34 years as a private company, iconic denim maker levi strauss goes public again today. the brand has priced shares at $17 apiece for a valuation of roughly $6.6 billion. >>> here on wall street, stocks finished mixed. the dow tumbled 141 points yesterday. the s&p 500 lost eight, while the nasdaq rose five. >>> apple has announced the second generation of the world's most popular wireless headphones. the new airpods will have faster connect times and more talk time. the new model also allows user to say, "hey, siri," instead of attaching the side to access siri. t

marc liverman is at the new york stock exchange with that and more.ing, marc. >> reporter: good morning, anne-marie. the federal reserve takes center stage this week. fed chairman jerome powell is expected to announce whether or not the central bank will raise short-term interest rates. on wall street the dow closed u nasdaq rose 57 points. >>> president trump is stepping up his pressure on general motors to reopen an ohio manufacturing plant that recently closed. the president says he spoke with the company's ceo, mary barra, and wants the lordstown plant to reopen or find another owner. the closure of the plant put 1,700 people out of work. the company intends to close four other plants in north america by early next year. >>> new guidelines say low doses of aspirin should no longer be given on a routine basis to prevent heart attacks. the news comes from the american college of cardiology and the american heart association. they say the risk of serious bleeding outweighs the benefits. doctors started advising patients to take aspirin more often in

diane king hall is at the new york stock exchange with that and more.ing, diane. >> reporter: good morning, anne-marie. in the earnings lineup, two tech companies report financial results today -- oracle and adobe. other notable earnings include dollar general, broadcom, docusign and ulta. here's on wall street the dow gained 148, the s&p 19, and the nasdaq gained 52. >>> federal prosecutors are conducting a criminal investigation into large technology companies. companies including apple and amazon entered into partnerships with facebook, gaining broad access to the personal information of hundreds of millions of facebook users, sometimes without consent. facebook says it's cooperating with investigators. it comes as facebook grapples with the largest outage ever. >>> investigators now say power lines sparked one of the largest wildfires in california history. the fires that started in december of 2017 scorched more than 440 miles in ventura and santa barbara counties. a new report says high winds came into contact with southern california edison power

outside also coming up during a denim style icon against brand levi strauss is back on the new york stock exchange we'll get the latest from our markets correspondent and pete no problem our german micro distillers are trying to woo whiskey aficionados. i'm chris cuomo welcome to the program the. the likelihood of britain's departure from the e.u. in less than ten days without a deal still looms ominously and the costs of such in-or deal brags it would be high for both the u.k. and you members germany's burton's money foundation now that the math no deal breaks it would hit the heavily industrialized german state of north rhine-westphalia particularly hard the state's top three exports to the u.k. include cars chemical products and mechanical engineering services the tariffs and other trade barriers will make products and services more expensive this ensures that prices rise and that people can buy less with their incomes the second factor is competition with a brics it competition becomes weaker the battle for the best products and services is decreasing. of course and no deal breaks it would hit

diane king hall is at the new york stock exchange with that and more.rning, diane. >> reporter: good morning, anne-marie. let's start with this -- on the economic calendar today we will get a read of how consumers are faring with personal income and spending data due. investors will also be paying close attention to how a key manufacturing index fared in february, and the biggest earnings reports today include footlocker and tribune media. >>> yesterday the dow closed down 69 points. the s&p 500 slipped seven, and the nasdaq lost 21. >>> hyundai and kia are recalling more than half a million vehicles in the u.s. the automaker says the recall is due to problems that can cause engine failures and fires. the recall affects kia sol small suvs from 2012 through 2016. tucson suvs from 2011 to 2013 and sportage suvs from 2011 and 2012. two million recalls have been recalled for fire and engine problems since 2015. >>> youtube says it plans to ban comments on most videos featuring minors. the move comes amid concerns of pedophiles using the platform to exploit

diane king hall is at the new york stock exchange with that and more. diane. >> reporter: good morning, anne-marie. well, today the federal reserve will release its latest report on economic conditions across the u.s. it is expected to show businesses are concerned about the state of the economy. key earnings reports scheduled for today include abercrombie & fitch, dollar tree, and american eagle. on wall street the dow closed down 13 yesterday. the s&p lost three, and the nasdaq shed one. >>> fda commissioner dr. scott gottlieb will resign next month. he cited the challenge of being apart from his family. gottlieb has led the agency's response to the opioid epidemic and has recently been cracking down on teen vaping. his replacement has not been announced. meanwhile, the fda is advising consumers against using certain make-up products from claire's as they could be contaminated with asbestos. tests on eye shadows, compact powder, and contour palette were found to have asbestos. consumers who have these products should stop using the products identified

diane king hall is at the new york stock exchange with that and more.morning, diane. >> reporter: good morning, anne-marie. stock markets in asia rose this morning after reports the u.s. and china are close to reaching an agreement to end their trade war. the "wall street journal" reports a deal could be reached and signed by presidents trump and china's xi jinping as early as this month. as part of the deal, china would reportedly lower tariffs on u.s.-made goods including agricultural products, chemicals, and cars, in exchange for sanctions relief from washington. >>> investors will get a look into the health of the u.s. job market this week when the department of labor releases the february jobs report. friday also marks an historic d. it's the 10th anniversary of the longest bull run on record. on friday, the dow rallied 110 points. the s&p 500 rose 19, and the nasdaq gained 62. >>> the cfo of chinese technology company huawei is suing the canadian government. the executive claims they searched, detained and interrogated her before telling her she w

fox business team coverage with gerri willis at new york stock exchange. blake burman at the white house. edward lawrence in the bureau in washington covering the business roundtable. start with you on that. reporter: connell, president talked with 80 to 100 ceos at the business roundtable. they talked about tax reform, how it sparked investment in the u.s. told them about how the u.s. will rebuild, modernize the infrastructure. in the room, who's who of economy, representing $9 trillion, employing 15 million people. heads of american airlines, apple, amazon, jpmorgan, mastercard. the meeting scheduled for an hour, lasted 90 minutes. >> i look, i mean it is quite clear he is very proud of the pro-growth agenda. he spoke quite positive about the future. i think a lot of optimism from that meeting. reporter: federal reserve chairman jerome powell say they're hearing uneasiness from their business contacts about global uncertainty with the tradeshowdown. an exclusive interview seen tomorrow with our maria bartiromo. listen. >> you're right, the world is slowi

. >> take a live look at the big board, new york stock exchange this morning. we're significantly up. we'll check to see how we're doing in a couple moments. >> sky7 live over breaking news that we're tracking in pacifica. you can see the coast guard there searching for a missing swimmer. the sun is finally starting to come up and amye report for us . i can customize each line for soeach family member?e yup. and since it comes with your internet, you can switch wireless carriers, and save hundreds of dollars a year. are you pullin' my leg? nope. you sure you're not pullin' my leg? i think it's your dog. oh it's him. good call. customize each line and choose to pay by the gig or getunlimited. do you guys sell other dogs? now that's simple, easy, awesome. and since xfinity mobile comes with xfinity internet, you can save hundreds a year. get $250 back when you buy a new samsung galaxy. click, call, or visit a store today. >>> watch out in the north bay there's some fog up there. for the kids at the bus stop, it's going to be hard to see. 45 to 56, pretty mild. up

new york thank you. now to some of the other global business stories making the news right hailing company over has picked the new york stock exchange for its i.p.o. the listing is expected to go ahead in april and could value the company as high as one hundred twenty billion dollars making the i.p.o. one of the five biggest of all time also general motors says it will spend three hundred million dollars at its orion plant near detroit creating four hundred jobs the plan will make a new vehicle based on battery powered volt one point four billion dollars will go into other u.s. plans for three hundred new jobs earlier however g.m. had announced a string of plant closures and over forty thousand layoffs bag paid its management board members their first bonuses in four years and twenty eightieth's germany's because number handed out just over fifteen million euros for the entire top management and one point nine billion euros in total bonuses twenty posted its first profit in four years. the international monetary fund has sent a team to mozambique to support efforts to help the economy recover in the wake of devastating cyclone hundr

this week to ground the seven thirty seven max airliner boeing stock which is traded on the new york stock exchange has taken a huge hit with shares tumbling around four hundred twenty dollars earlier this week to hovering around three seventy five this afternoon orders and grounding orders have apparently wiped out about twenty five billion dollars of bones market value and facebook which is trading on nasdaq took a hit in trading today with news of a criminal investigation into the company that social media platform is being targeted by federal prosecutors over their data sharing deals with some of the world's biggest tech companies we'll certainly keep an eye on that moving forward and here are those numbers at the closing bell. just manufacture consent to public will. when the writing classes protect themselves. in the final merry go round. the one percent. we can all middle of the room sick. negative interest rate is coming to your bank account soon it's being done on the wholesale level right now between countries and now it's going to come to your local bank account so instead of getting thi

this week to ground the seven thirty seven max airliner boeing stock which is traded on the new york stock exchange has taken a huge hit with shares tumbling from around four hundred twenty dollars earlier this week to hovering around three seventy five this afternoon orders and grounding orders have apparently wiped out about twenty five billion dollars of boeing's market value and facebook which is trading on nasdaq took a hit in trading today with news of a criminal investigation into the company's social media platform is being targeted by federal prosecutors over their data sharing deals with some of the world's biggest tech companies will certainly keep an eye on that moving forward and here are those numbers at the closing bell. that. the. exit saga continues a deeply divided british house of commons can only seem to agree on one thing it doesn't want the u.k. to leave the e.u. without a deal the problem is there isn't a parliamentary majority on what to do next maybe this was two resumes play and all along breaks it down. and both of you know what. you. think i don't want to. go through bec

he's on the floor of the new york stock exchange. the new york stock exchange today. inside, they're all going to be wearing denim. they have taken a break from the rules of no jeans on the floor of the new york stock exchange in honor of levis. are you a jeans girl, emily? >> of course i'm a jeans girl. jeans all the way, if you're trading stocks, jeans, why not. maria: levis is one company. it's going to be a huge 2019, historic year for ipos. what do you think about all the supply coming to the market ox will that be a challenge for investors to digest and do the broader markets go down with all the new stock coming to market? >> investors are going to have a lot of choices and i think early on in the cycle we're going to see the better, more fundamentally sound companies and then i think as the cycle moves on i think we have to worry more about absorption. we are seeing the big unicorns. next week we'll see lyft price and uber will come quickly in its wake. those are going to be the ones where the valuations are pretty high for th

i'm sara eisen here with david faber live from post nine at the new york stock exchange. as the day on assignment let's take a look at the market. stocks are up after ten straight up weeks for the dow the rally continues. it's up a quarter of a percentage point check out the nasdaq fueled by tech stocks fueled up half a percent and chinese stocks at multi-month highs. optimism over u.s./china trade deal i go away for a week and it's still the same story the market parties on on hopes of a deal. >> we start this morning with the trade optimism giving a boost to stocks this morning reports say we may be in the final stages of talks between china and the u.s. and a deal, well, it's said to be on the horizon. >> plus, criticizing the fed the president lark out at chairman jay powell deering a cpac speech. >> and a media shake-up. at&t's warner media announces significant changes in the leadership of its various divisions as it takes aim at competing on a direct-to-consumer basis with netflix. >>> we'll begin with the story moving the markets this morning around the world there