>> i want to remind people, we were doing the show from the new york stock exchange the day twitter went public and people were screaming the underwriters left money on the table and it was a failure of an ipo. the stock skyrocketed 70% on its first day of trading got up to 69 it goes to show that uber's ipo price today is not important twitter ended up at 13 bucks a share. facebook got cut in half in its first six months from the ipo so don't look at today's trading activity and extrapolate a story uber is good, bad, indifferent it's irrelevant. >> i told you i'd hook you up. >> i appreciate it, public service announcement >> maybe i'm getting older but you got to be more patient in energy, pxt, i've waited to get in the name, now is the time >> uber is public. "the exchange" begins now. >> thank you, scott. hi, everybody. here is what's ahead an uber disappointment the biggest ipo in years fails to hold its price on the open. is that an opportunity for the investing public or a sign to stay away? we will debate and the clock struck midnight in tariffs on billions of dollars of chinese

>> talking about the new york stock exchange market making system. o the new york stock exchange like uber did, you want to list on the stock exchange, you pay three times more listing fee to list on the new york stock exchange than you would do on nasdaq. why is that? because they offer you a value proposition. they say if you do an ipo with us, we have some human guys on the floor who are known as designated market makers. in the old days they were known as specialists. it's a little different now. they will step in and they will control the volatility. guess what, that did not happen. the designated market maker on this was citadel securities, a unit of citadel, the big hedge fund. a lot of fingers are being pointed at them. we should point out we put a call in to them and the new york stock exchange to say what the hell went wrong here. they have no comment. they may come back later with a comment. we put this in very early. but clearly, the value proposition of whether the new york stock exchange should charge three times as much for this than an

mikesantoli joins us from the new york stock exchange. good to see you, mike. >> does the shift indu sentimen to all of the trade concerns? >> i think trade s concernst of pile on top of the other issues and we always expected there to k somed of an economic slowdown and a corporate earnings slowdown this yearnd the trade issue seems like because it got re-escalated has just ecerbated those issues and that's yet markets have kind of gone into thecr defensive ch, and pricing in slower growth and the second half of this year was supposed o be when we might get a re-acceleration of the economy and corporate profits start to grow again. now the sec td half ofs year starts in five or six weeks and it'setng a little close to think that in fact, we can have a pickup in that time. >> i remember the last summer the market became defensive and the strength all of a sudden was today with this sell-off, utilities were higher. so is the market coming more defensive and settling into that mode again? >> without a doubt. in fact, that's been gng on for

neil: they did their darnedest to avoid that. >> jonathan, former new york stock exchange chairman, board member, ceo of new york stock exchange, of merrill lynch, long time wall street veteran, on the floor. their main job was to make sure, at least that's what they said it was, that investors, particularly hedge funds stock sell it at open, get it on the ipo, on the ipo price, then sell immediately on open. guess what? they failed. this was failure all around. go through it. morgan stanley taking a lot of heat on the street right now. why is that? completely hosed small investors on the pricing of this thing. here's the thing. if you go, morgan stanley bills itself as brokerage firm, right? it has small investors. those are the investors that hold the stock, right? so it went out and sold uber to its small investors and basically said, brokers said, listen, kind of unwritten contract, if you split this stock at the open, if we give it to you, you will never get another ipo again. small investors who got it, have to hold it or they get a black mark with the broker. neil: don't most have

our coverage continues from the new york stock exchange next. erg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. this is bloomberg markets. let's bring in emily chang who is light at the new york stock exchange with some big interviews. the biggest ipo in a long time, one of the 10 biggest ever, what is the atmosphere like down there in terms of the books getting put together? >> we are waiting for the shares to open. it looks like they will open somewhere between 4550 and 4650, which is slightly above the ultimate way they price this ipo. bitcoin is on the low end of the range. that was a disappointment to some early investors and early employees. uber is being conservative given the volatility in the markets and what has happened with lyft. they made a big pop on the first day but they struggled. they came out with an earnings report that showed revenue grew but losses also grew. we have investors who are feeling cautious about uber and uber's growth. what they want to see is that growth and that pop over a long time. i will be interviewing

diane king hall is at the new york stock exchange with that and more.ood morning, diane. >> good morning, anne-marie. uberly is reportedly set town latch its ipo today at the midrange point of below starting tomorrow. uber had orange rally reported a rate of $48 to $58 with the current projection the value would be between $80 billion to $90 billion. >>> meanwhile, california plans to ban a widely used pesticide. the decision comes after chlorpyrifos was deemed to be dangerous. it's blamed for harming brain development in babes. the pesticide is a neurotoxin, and it was first put on the market in 1965. it's currently used on 60 different crops in california including grapes, almonds, and oranges. hawaii banned it last year. >>> the federal drug administration is now requiring drugmakers to include the price of any medication in their ads. drugmakers will have to include the price of any medication that costs more than $30 for a four-month supply or the usual course of treatment. donald trump tweeted ee eed transparency is here. if drug companies arasham

better life. >>> 5:41, and that is the new york stock exchange.broad we're not just showing you that because it's a beautiful building and it may be a beautiful day. it's because uber inside of that building will make its big market debut there deirdre is on set. she's been following the story literally for years. okay there are so many store lines. good to see you. >> i can't believe the moment is here >> the moment is here. >> i'm glad i get to be right down at the new york stock exchange it feels like my baby is growing up in a way. >> it's all grown up okay if you had to write the headline on uber, what would the first headline be about today? >> "mad money," well, there are so many different angles i don't know where to start, right? >> they don't make money you had a great package yesterday. >> right yes. the company -- the biggest company to go public -- the most money losing company ever to go public, no company has lost as much money as uber at the time of when they go public, and history has shown that they don't necessarily fair very we

they are going to leave the new york stock exchange. w york stock exchange has nothing to say about this today. it is one of the biggest chip makers in china. we'll keep an eye on that. could be interesting to see if any other companies do that. back to you guys. melissa: gerri, thank you. connell: that last story dupery had may tell a wider story about u.s.-china trade tensions, some are calling a new coal war "axios" reported on it today. is that the right way to look at it? let's bring in our panel, carol roth, and francis newton stacy from optimal capital where she is director of strategy. start with you, carol. huawei is the biggest example and we saw the president's comment yesterday indicating huawei is nothing more than a bargaining chip in a trade conflict but others have said that is much more than that, that this is a new tech war or trade war or cold war i should say. how do you see what is happening with china right now? >> i think we're trying to prevent a cold war or a giant full-out war. i think they are a symptom of earl

it reports on what it calls a low pricing as uber floats on the new york stock exchange.e will have more on that story in a second. the i paper among many with news of a health breakthrough. scientists have for the first time been able to repair heart disease in a pig, raising hopes for the millions of people around the world with the problem. c—net picking up onjeff bezos and his out of this world ambitions. the amazon boss and world's richest man held a big launch of plans for humans to move to the moon. it is the first small step in

i know we dipped below that and briefly it's happened before the reason you don't use the new york stock exchange, no disrespect to jeff, of course, is that it's loaded with bond funds. the new york stock exchange composite is comprised of all of these closed-end funds that trade there and a lot of things that have nothing to do with the equity market. so if we're going to be definitional and talk about it's technically a bull or technically a bear, which i know a lot of people don't care about, but if we're going to do that and be doctrineaire, let's not use the wrong data input. >> the charts were flat a year ago. i'm not sure that matters. >> it's not bear market. >> but earnings have gone up quite nicely, interest rates noncompetitive let me give you a statistic i have cited in the past the last few years s&p multiples are averaged 15 times and currently 17 the last six years 240 and enfed funds at five, 2 1/4 relative to interest rates the stock market is not expensive. but you need -- bear markets don't materialize at immaculate conception yes, the market has been flat. i look at that as be

hope you'll forgive me but i've got to segway to uber which is about to start trading on the new york stock exchangee first trade, right, susan? >> susan: seconds away. we had a two minute call a few minutes ago we're about to go at any point, 35 million paired off shares, $42, 2 million shares on offer, 42, and two on 35, and i think we are very very close at this point. here we go! >> bell ringing. >> [applause] stuart: there it is. first trade. you saw it right there. >> susan: 42.50. stuart: the trading price, this is not the offering price, 42.25 as we speak, so okay, i think that it opens stock is down. ashley: two big stories today, china trade talks and uber and both are not as pretty as we'd like them to be. >> we may often hear people complaining about the investment bankers how did they not price this correctly or anticipate the lack of demand, and that's perhaps why we've seen some other companies choose to do what's called a direct listing as an example. stuart: susan i want to go back to you when we heard that first trade around 42, i didn't hear much cheering or enthusiasm. >> susan:

still ahead, uber is expected to start trading at the new york stock exchange. tonight we look at hef losses and how it burns through ♪ ♪ ♪ ♪ ♪ >> facebook'sco-founder is calling for a breakup of the company. in aew york op ed piece, christh hughes sai mark zucker beg has unchecked power and influence far beythd anyone in private sector or in government. i wrote that it was time for regulators to ste and today connecticut senator richard blumenthal said he agrees. >> i thi that facebook needs to be broken up. the acquisitions of instagram and whatsapp need to be unwound and there needs to be department of justice scrutiny about appropriate anti-trust remediest and remember, being big is not illegal. it's the misuse of that bigness. >> zuckerberg today rejecte calls for breakup and according to the company, he' with government leaders in week. by the way, chris hughes has not worked fce ok in more than a decade, he liquidated his holdings andll that stock fraction in today's session. >> bloomberg is at their 45 a share. that is at the lower end of its toorget ran

we go now to the new york stock exchange and emily chang is with the ceo of uber. >> we are here at the new york stock exchange with uber ceo dara khosrowshahi. thank you for being here. you today for you, shares trading now, $44. a little bit above where they open, but i'm sure not the opening you hoped for. how are you feeling about this? mandeep: you cannot pick when you go public -- david: you cannot pick when you go public. with all of the china uncertainty. you cannot pick when you go public but you can control how you execute as a company, are you building a great service, are you bringing in happy consumers all over the world? we are focusing on what we can control. we raise a lot of capital to invest and grow for many years. that is what we're focused on now. tweeting, president we have trade talks on the rocks, and you are right, a lot of red on the board. how much has to do with that, and how much has to do with uber , which to be fair, is still losing billions a year. dara: it is, but we have a road to profitability. as you know, the markets are an amalgamation of lots of th

a short time ago a ride sharing giant made its debut on the new york stock exchange a longtime company employee rang the opening bell to mark the occasion the shares debuted at forty five dollars each given the company an overall valuation of eighty two billion dollars but then quickly fell in early trading their own healing app is hugely popular around the world but has never made a profit scented its founding in two thousand and nine let's get the latest from christine salumi at the new york stock exchange for is christian a lot of anticipation ahead of this i.p.o. why so much excitement over a company that has yet to be profitable. yeah maybe too much excitement as we saw with those opening trades falling below expectations coming in around forty two dollars a share as opposed to the forty five dollars that was set for the opening price look it's a difficult day on wall street in general with trade concerns weighing down the markets overall and there's been a lot of questions about. his business model going forward and whether or not it will ever become profitable this is a company

profit since its founding in 2009 let's get the latest from christine salome who is at the new york stock exchange for us it's been a rough ride so far christine for over on the stock market our stock exchange rather there was a lot of excitement over a company that has yet to be profitable. yet to be fair had its initial public offering on a really tough day the markets overall stocks across the board have been down today because of concerns about those tariffs imposed by the united states and china there is some concern that global growth will slow and it's been a down week overall for stocks although there has been some recovery today for most stocks not so which continues to trade below that $45.00 a share price that it announced for its initial public offering the company is facing concerns about its business model given that it continues to post losses more than a $1000000000.00 in lost already this year last you last year its revenue exceeded 11000000000 dollars but it still managed to lose 3000000000 dollars and in the last week we've seen protests all around the world by drivers who are d

the new york stock exchange is positioned to help facilitate that trade. we will have the first opening trade be a price discovery process much like what we are seeing happening with uber but without the offering of night before. is overseenof that -- year,fering process last -- >> we will be covering it all. thank you so much for joining us. i will send it back to you. vonnie: bloomberg's emily chang, an interesting day at the new york stock exchange. emily will be speaking with uber's ceo, the man of the hour. he will join bloomberg live after the ridesharing company starts trading. that interview is scheduled for 12:30 new york time and for 5:30 london time. let's go to the bloomberg first word news. >> president trump has ended the trade truce with the trade war in china. he has raised tariffs on chinese goods and is preparing to impose more. beijing says they will retaliate. there is no word on how. president trump tweeted there is no need to rush a deal although he later deleted the tweet. trade talks resumed in washington yesterday. negotiators will

diane king hall at the new york stock exchange.k you, diane. >> you've got it. >>> still ahead, an amazing season turnaround. victory to reach the stanley cup final. an amazing history to pull off the stanley cup finals. to thin and loosen excess mucus. and lasts for 12 hours. mucinex 12 hour. i had a few good tricks to help hide my bladder leak pad. like the old "tunic tug". but always discreet is less bulky. and it really protects. 'cause it turns liquid to gel. so i have nothing to hide. always discreet. >>> here's look at today's forecast in some cities around the country. >>> you can say this house is turning heads. the topsy-turvy attraction in england is the brainchild of a british company. the ceo says it was bill to make visitors feel like they were really inside someone's home, except everything is upside down from the roof to the furniture and the appliances inside. >>> and they're celebrating in sloours this morning. the st. louis blues are headed to the nhl stanley cup finals for the first time since 1970. they elimina

diane king hall at the new york stock exchange.diane. >> you've got it. >>> still to come, making history. same-sex couples say "i do" in taiwan. l about your business. that's why with dell small business technology advisors you'll get tailored product solutions, expert tech advice and one-on-one partnership. to help your small business do big things. call an advisor today at 877-buy-dell. get up to 45% off on select computers. ♪ you finished preparing him for college. quickly and can be fatal, th sometimes within 24 hours. while meningitis b is uncommon, about 1 in 10 infected will die. like millions of others, your teen may not be vaccinated against meningitis b. meningitis b strikes quickly. be quick to talk to your teen's doctor about a meningitis b vaccine. >>> here's a look at today's forecast in some cities around the country. 're the first to be launched for the new service. >>> and this morning for the first time ever in taiwan, same-sex couples are tying the knot. it's the first day that a landmark decision about 300 same

i spoke with him at the new york stock exchange moments after uber's stock opened at $42 a share.till below the $45 initial price tag. the ceo was taken -- was -- took over in 2016. i asked him about the debut, which big, was not as big as he was hoping for. >> you can't fix the timing and would you go public. today is a tough day for the markets. with all the china uncertainty, nobody knows where that is going. you cannot pick when you go public. you can control how you execute as a company. are you building a great service and are you bringing in happy consumers all over the world? we will focus on what we can control. we raised a lot of capital to invest in for many years. that is what we are focused on now. emily: the president said the markets a plane with his tweets this morning. we have trade talks on the rocks. how much do you think this has to do with that and how much do you think has to do with uber? it's still losing billions of dollars a year. dara: it is. we have a road to improve profitability though. the markets are an amalgamation of lots of things. there are exte

anne-marie. >> diane king hall at the new york stock exchange.k you so much. >> you've got it. >>> still to come, the latest stop on her book tour. michelle obama sits down with gayle wing with some inspiring words for young people. ring words for young people. >>> here's a look at today's forecast in some cities around the country. >>> former first lady michelle obama wrapped up a national book tour on her best selling book "becoming." cbs's gayle king moderated the event in atlanta. mrs. obama spoke out about the ne need to empower today's youth. >> that's why it's important for young people to see themselves. if you see somebody you know doing it, you can think, yeah, i can reach there. >> the 33-leg tour wrapped up in nashville yesterday. >>> coming up on "cbs this morning," tony award-winning nominee jeff daniels of "to kill a mockingbird" joins us in the studio. i'm anne-marie green. this is the "cbs morning news." >>> our top story this morning, mockingbird" joins us in the studio. i'm anne-marie green. this is the "cbs morning news." empt

diane king hall at the new york stock exchange.s a lot, diane. >> you've got it. >>> still ahead, if you can't wait to visit disneyland's new "star wars" attraction, wait no more. we've got a stunning preview of galaxy's edge. we've got a stunning preview of gal aky's edge. and ease into qug so when the day arrives, you'll be more ready to kiss cigarettes goodbye. when you try to quit smoking, with or without chantix, you may have nicotine withdrawal symptoms. stop chantix and get help right away if you have changes in behavior or thinking, aggression, hostility, depressed mood, suicidal thoughts or actions, seizures, new or worse heart or blood vessel problems, sleepwalking, or life-threatening allergic and skin reactions. decrease alcohol use. use caution driving or operating machinery. tell your doctor if you've had mental health problems. the most common side effect is nausea. talk to your doctor about chantix. seresto, serjake...eresto. seresto, seresto, seresto. whatever your dog brings home to you, it shouldn't be fleas and

bob pisani has more on the bounceback from the new york stock exchange. >>> the markets managed to stagepressive comeback today although it's not enough to mak up formonday's steep losses. president donald trump breathed new life back in the stock after saying that talks with china have not collapsed. the dialogue has been positive and he's expecting a successfuln outcomebout three or four weeks as negotiations continue. well, it doesn't seem like a for the markets to go on, but we did see a number of heavily oversold groups bounce back today and the semiconductor stocks like nvidia and kla tencor and the industrial caterpillar, boeing, deere and energy names and some of the small cap chinese tech companies like alibaba all bounceback and crude oilrices handed the rally and settling over $6 barrel as saudi arabia's energy minister repaired a grow attack at oil pumps stations near riyadh, but don't be fooled. there's been a lot of damage he done by trade wars and the industrials did rebound and names like boeing an caterpillar, 3m and even apple, there's still 20% or even more off of the

this morning, it is official, uber based in san francisco has gone public, trading on the new york stock exchange starts today, sarah is in the newsroom now, you have more information, good morning. >> to mark this big day, the ceo and other employees and executives were on the podium, just about 30 minutes ago to ring the opening bell at the new york stock exchange. you can see a lot of smiles on their faces, that is because the ipo is a big success for the world's largest service, and trading will begin at some point today. thursday night, uber praised its initial offering at $45 per share, there is a close eye on that number, just to see how it might fluctuate once trading starts. the company has a market value of $82 billion. that number would make uber bigger than the entire rental car industry, including general motors and tesla. despite the excitement, analysts say, proceed with caution, the rival, lyft went public six weeks ago, and is viewed as a flop on wall street.>> it is a perfect proxy, it is a smaller competitor, they aren't branching out into as many different businesses as uber,

for nightly business report, i'm bob posani at the new york stock exchange. >>> more now on boeing and the bond market, both of which kaylo med in her report. the editor of the global times tweed. china may stop purchasing u.s. oericultural products and energy, reduceg orders and restrict the u.s. service trade withchina. many chinese scholars are discussing the possibility of dumping u.s. treasuries and how to do it specifically. a boeing spokespersonays the company is confident the u.s. and china will continue trade c discussions ae to an agreement that burn fits both u.s. and chinese and consumers. nonetheless, the stock fell more than 4 1/2%. >> what about that line in the chinese editor's tweet about china selling u.s. treasuries. china is the biggest buyer of our de. what wou happen to interest rates and our economy if it started selling those treasuries. ll adams is senior economist with dnc financial services group. bill, thanks for joining us tonight. >> thanks for having me. >> it's considered highly unlikely they would think about selling too many of their treasuries. what d

diane king hall at the new york stock exchange has more.ood morning, diane. >> good morning, anne-marie. on the economic front, they're looking for spinning data today. the commerce department will release retail sales data for april after advancing 1.6% in march from the prior month. economists are predicting a more modest rise of 0.2%. that's according to bloomberg data. among the notable reports from today, they'll digest results from alba ba, macy's, and cisco. investors weigh the impact of the escalating trade war between the u.s. and china. the dow 2s yeda the s&p 500 >>> a bill approved yesterday outlaws the use of facial recognition technology by police and other agencies. it does not prevent business ouseho from using facial recognition or surveillance technology such as on their own security cameras. san francisco's new rule goes into effect next month. >>> disney has taken full operational control over hulu from comcast. comcast departure will let disney expand hulu into international markets. disney is preparing to launch its ow

diane king hall is at the new york stock exchange with that and more.diane. >> good morning, aen marie. retailer walmart and nvidia. there are others. stocks closed higher idea on news the trump administration is planning to delay auto tariffs by up to six months. the dow rose 115 partnerships, the s&p 500 added 16 points, and the nasdaq gained 87 opponents. >>> president trump has issued an executive order regarding huawei. the order declares a national economic emergency. it does not name specific countries or companies. this allows the u.s. government to ban technology and services of, quote, foreign adversaries deemed to pose unacceptable risks to national security. those risks include crimes like cyber espionage and sabotage. the department of commerce has 150 days to come up with regulations. >>> new measures by u.s. regulators could help put an end to robocalls.nt on whether to let wireless carriers block scam calls by default. right now they have to request tools from their carriers or download apps to help weed out unwanted calls. according to

diane king hall is at the new york stock exchange with that and more.ood morning, diane. >> good morning, anne-marie. all eyes are on april's job reports. the dow dropped 122 points yesterday, the s&p 500 lost 6 points, and the nasdaq fell 12 points. >>> president trump's pick for the federal reserve board has withdrawn from consideration. the decision comes amid controversy over stephen moore's past writings about women. moor lost gop support in the senate, which would have to vote on a potential nomination. >>> meantime facebook is reportedly building a cryptocurrency-based payment system. "the wall street journal" says the system is recruiting finance firms and ecommerce companies to launch the platform. users would be able to send digital coins to each other. facebook's plans may find a way to reward users with watching ads. >>> ceo elon musk owes $750 million. loans are backed by musk shares worked around $8 billion. if declined musk could be faced to pay back. >>> and justin bieber is working with youtube on a top secret project. the video streami

andrew is right outside the new york stock exchange. and andrew, what's it feel like right now?g the entire board was literally just out here taking pictures. did not see travis kalanick just yet, by the way. a lot of cameras are waiting for him to arrive along with his father but in the meantime, earlier this hour, we spoke with uber's ceo, dara khosrowshahi, ahead of the company's big first day of trading. and want to show you some of the highlights and talk about them >> success today is a stable price, a little bit higher than the pricing, not a lot higher than the pricing, because we want the pricing, we want there to be a fair price that the company received but we're going to be measuring success in three to five to ten years, not in one day. for us, the path to profitability isn't theoretical. there are cohorts of countries that are profitable, and it's about getting other cohorts of countries to the same maturity level that some of our countries are operating at we do reinvest profits aggressively in new business lines like eats that have great promise, but we're pretty

gerri willis is on the floor of the new york stock exchange. don't know what to say anymore.evron beating -- when you look at dow weekly laggards, what is going on there, i got to tell you all about trade. talking about trade today. today stocks really lower earlier this morning on the news that we were having negotiations and they seemed to break down. intel, apple, boeing, all laggards this week. no surprise there, three these companies depend on china for a lot of sales. apple particular, about 20% of sales. henry shine, american international, nektar therapeutics a mix of companies. s&p the range of companies on that index. laggards there, mylan, symantec, affiliated managers. we've seen tech have trouble this week, particularly what is going on in china. again you see that in the weekly laggards. cheryl, send it back to you. cheryl: crazy types. gerri willis see you in just a bid. the trade issues weighing on markets, what are some ways to invest the path forward as trade negotiations continue? let's bring in ameriprize financial chief market strategist, david joyce. wha

diane king hall at the new york stock exchange. diane, have a great weekend, thank u. >> ygo entering "the late show" universe, the cast of "the big bang theory" opens up to stephen colbert as the fans say good-bye to the hit series. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. ask your doctor about entresto. ♪ the beat goes on that was great! forget about vacuuming for weeks. the (new) roomba i7+ with clean base automatic dirt disposal empties the roomba bin for you. so dirt is off your hands. if it's not from irobot, it's not a roomba. and i don't add trup the years.s. but what i do count on... has 20 gf boost® vi(vo)ineral♪. i know what you're thinking. electric, it's not for you. and, you're probably right. electric just doesn't have enough range. it will never survive the winter. charg

hall at the new york stock exchange. thanks a lot, diane. >> you've got it. >>> still to come, a new record, a high school student lives up to his nickname "white lightning" in the 100-meter dash. the 100-meter dash. to his nickname, white lightning in the 100-meter dash. all your worst symptoms, sensimists including nasal congestion, which most pills don't. and all from a gentle mist you can barely feel. flonase sensimist. you can barely feel. with peak season berries, uniqcreamy avocado. and a dressing fit for a goddess. come taste what a salad should be. and with panera catering, there's more to go around. panera. food as it should be. forget about vacuuming for weeks. the (new) roomba i7+ with clean base automatic dirt disposal empties the roomba bin for you. so dirt is off your hands. if it's not from irobot, it's not a roomba. i'm an ice cruncher. so i was excited about all-new colgate total. it has sensitivity relief, so i don't have to give up doing what i love. aren't we lucky. new colgate total. do more for your

laura: uber debuts on the new york stock exchange, but the celebration at the start was followed by auster performance. plus, it is a cake full of tradion. a b german recipeook that survived world war ii is giving a new generation a sweet taste of the past. welcome to our viewers on public televisiohere in america and around the globe. president trump has doubled tariffs on more than $200 llion worth of chinese products, making good on his threat. it is the latest salvo in the ongoing trade war and came as negotiations between both sides were underway in washington. talks ended with no deal or date r the next round, but mr. trump says discussions will continue and tariffs may or may not be removed depending on the outcome. the bbc's no jon sopel starts our covere. jon: a bell can signify celebration, but it can also bring out a warning, and today it felt like the latter after donald trump imposed much higher reriffs on chinese goods coming into the u.s. and a warning to the world's second-biggest economy that he is digging in for the long-haul. he tweeted, "talks with china continue i

it will trade here on the new york stock exchange under the symbol uber. the company's initial offering is at $45, the lower end of expectations. this implies a market valuation. it's going to value the company more than southwest and american airlines combined. it could raise $8 billion today. in all it's expected to be the largest ipo of 2019 and the biggest since alibaba's in 2014. >> we'll be watching. thanks, diane. >>> u.s. officials say the ship was used to transport coal. it came hours after north korea fired two suspected short-range missiles, its second launch in less than five days. laura podesta is here in new york with what this could mean for nuclear talks with the u.s. good morning. >> good morning. if we thought the denuclearization would be swift and orderly as president trump and secretary of state mike pompeo made it sound like it would be following the summits with kim jong-un, this is an indication that things are a bit more complicated. north korea says yesterday's launch is nothing more than routine military training. the short-range

diane king hall is at the new york stock exchange with that and more.morning, diane. >> good morning, brook. china this morning says negotiators are state prepared to go ahead to washington for trade talks despite president trump's threat to raise tariffs. the president tweeted the current 10% tariff on some $200 billion of chinese goods will rise to 25% on friday. he also threatened to impose 25% levees on an additional $325 billion of chinese goods. that news sent the markets in asia falling this morning. u.s. stock futures are also lower. on wall street friday, the dow rallied 197 points following a strong jobs report. the s&p 500 added 28 and the ly 12 llion pounds of frozen chicken strips. the company says the ready-to-eat strips may be contaminated with m metal. the recalled packages has p-7221 on the back of the packages and aous-by date of october 22, 2019, to march 7th, 2020. >>> "avengers: endgame" still dominated the box office over the weekend. it brought in over $145 million. "endgame" is the highest grossing movie behind james cameron's mo

dianne king hall is at the new york stock exchange with that and more.g, dianne. >> good morning, ann marie. stock markets in asia were lower amid the u.s.-china trade standoff. on our shores, notable earnings reports including apparel giant ralph lauren, agilent technology and tilray. shares of uber dropped 10% yesterday to $37.10. the first full day of trading yesterday since the stock market debut friday. the ipo price was $45. >>> ruling by the supreme court allows a huge antitrust class action lawsuit against apple to move forward. it accuses apple of forcing consumers to buy apps exclusively from the th giant. it alleges consumers pay inflated prices because apple requires all phone software to be sold and purchased through the company's app store. the lawsuit also says apps will be cheaper if software developers could sell to users directly. apple argued that only app developers should be able to bring such a lawsuit. there is growing concern about an e. coli breakout traced to ground beef. the number of people sickened has grown to 196. the probl

diane king hall is at the new york stock exchange with that and more. diane. >> good morning, anne-marie. president trump's pick for the federal reserve board may be in trouble. the "washington post" reports trump administration officials are acknowledging stephen moore does not have the votes to get confirmed. moore has faced escalating criticism from senate republicans primarily because of his past writings of women. a decision is expected on moore's nomination by the end of the week. >>> meanwhile investors are gearing up. those brands include dunkin' brands, under armour, dow, dupont, and cvs. stocks fell wednesday after the possibility of interest rate cuts earlier this year. the dow dropped 162 points, the s&p 500 fell 22 points, and the nasdaq lost 45 points. >>> the federal trade commissio settlement with facebook that would negotiation a settlement with facebook's new company focus on strengthening its privacy. there are negotiations to settle privacy violations. facebook is already anticipating a record fine from the fcc interest from last yea

the last two years on the new york stock exchange.ys thought we'd probably go public again some day and we've done growth through m and a a this helps us continue that path. shares rose 11% oaythe first of the return to the new york stock exchange at $30. after the bell fox beat wall street estimates after selling entertain amsets tos disney. it revenue increase was due to affiliate and advertising growth. the stock initially rose in after-hours trang and closed the regular session up a fractionomt $36.82. >>g up, some uber and lyft drivers send a message to the companies ahead of uber's wall street debut. ♪ ♪ >> cgoogle's sendar pathay called it one of the most important topics of our times. having access to people's data makes google's service run better and that all users should expect their privacy to be protected and he said privacy protection cannot be a luxury goodoffered only those who can afford to buy premium products and services. tech companies more broadly have come under fire for lawmakers about how they handle their cus

diane king hall at the new york stock exchange. you, diane. >> you've got it. >>> still ahead, defending his title. brooks koepka conquered the course to win the pga championship for a second straight year. win the pga championship for a second straight year. out of the hospit. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. ask your doctor about entresto. ♪ the beat goes on that was great! i heard there guwere fleas out here.r? and t-t-t-t-t-icks! and mosquitoooooooooooes! listen up, scaredy cats. we all have k9 advantix ii to protect us. it kills and repels fleas, ticks and mosquitoes, too. >>> here's a look at today's forecast in some cities around the country. >>> after breaking records in the first two rounds and surging to a huge lead in the pga championship, brooks koepka hung on to win

there will be a handful that come through in the next few months on nasdaq, on the new york stock exchangewill be big deals and they'll be well supported. >> and there will be more consumer product companies going after these sorts of businesses in order to get into this latest buzz word. carter, you don't use cbd? >> do you use soap >> soap on a rope. the old-fashioned kind >> whatever. >> all right on that note -- so, meanwhile, what do you think of the pot stocks in general? >> as we talk about markets. it's a great market discussion because of the risk factor in this sector is such and companies that need to raise capital in the next few months because it's that time again, i think it's a very -- it's a very dangerous time in the sector right now to be running after pot stocks because they're down. time for the final trade carter >> of course, it's finally come to life, a big week and we think it's just the beginning. >> tim seymour. >> i'll take the other side of this, not because carter's wrong and gold typically does rally and we've seen gold rally 1320 and 1330 multiple times and i

diane king hall at the new york stock exchange.u, diane. >> you've got it. >>> still to come, a moment of history preserved in time. a sailors letter written just days before the pearl harbor attack finds a solemn resting place. attack finds a solemn resting place. along with support, chantix is proven to help you quit. with chantix you can keep smoking at first and ease into quitting. chantix reduces the urge so when the day arrives, you'll be more ready to kiss cigarettes goodbye. when you try to quit smoking, with or without chantix, you may have nicotine withdrawal symptoms. stop chantix and get help right away if you have changes in behavior or thinking, aggression, hostility, depressed mood, suicidal thoughts or actions, seizures, new or worse heart or blood vessel problems, sleepwalking, or life-threatening allergic and skin reactions. decrease alcohol use. use caution driving or operating machinery. tell your doctor if you've had mental health problems. the most common side effect is nausea. quit smoking "slow turkey." talk

over as chief executive rang the opening bell on the new york stock exchange the initial share price for what's expected to be one of the biggest stock market list exists here was forty five dollars a share that values the company which has a made a profit since it started ten years ago at eighty two billion dollars christensen only joins us now live from the new york stock exchange christine there was a lot of excitement a lot of anticipation leading up to this i.p.o. why why why so much excitement over a company that has yet to be profitable. yeah well the name ober has become synonymous with the ride hailing the technology has really changed the transportation landscape the app is now available in sixty three countries around the world more than seven hundred cities so yes the company has yet to make a profit in fact it's lost more than a billion dollars this year alone it's incredible but it continues to grow exponentially and uber says you know we're doing things that haven't been done before not only ride hailing but we're investing in driverless cars and scooters now we have a

diane king hall at the new york stock exchange.ve got it. >>> still to come, the dog's tale. what happened to the dog who jumped out of the rv during the high-speed chase. we all have k9 advantix ii to protect us. it kills and repels fleas, ticks and mosquitoes, too. georgand a busy day ahead. george has entresto, a heart failure pill that helped keep people alive and out of the hospital. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. ask your doctor about entresto. ♪ the beat goes on seresto, serjake...eresto. seresto, seresto, seresto. whatever your dog brings home to you, it shouldn't be fleas and ticks. seresto gives your dog 8 continuous months of flea and tick protection in an easy-to-use, non-greasy collar. seresto, seresto, seresto. ohh no, jake. seresto. 8-month. seresto, seresto, se

i'm michael santoli at the new york stock exchange. bad news for apple with citi the latest firm to warn of its vulnerability to the trade war stock now down 11% this month. sharply off its october record high ari wald and mark teper, your "trading nation" team today. ari, been kind of a wide range in the last year or so for apple. is there a sign here it's going to make a stand? >> no, it looks like the range continues, mike. no, for apple, i think the key positive here is more of the view of the overall sector for us, the backdrop suggests that technology should continue to outperform and i think apple has a bid for that i think there's a floor out there. but trading action has been mixed for the stock and we're thinking about it more as a range. here are the levels to watch for. the first gap. there was a gap in the stock price at 173 i think that's the key support level, but on the upside, there was the may gap and from a couple of weeks ago to the downside at 193, i think that's resistan resistance as long as you're below there, th

companies to renaissance capital and now to -- >> i was going to say, last time i was on the new york stock exchangecompany public since the revolution, 1994, a big telecommunication company. took it public here. new york stock exchange floor. it has been a long path from there. i like -- i invest in a lot of emerging industries and emerging markets, big player in data centers after the dotcom bubble blew, telecity in europe, i like this space, i like industries that are emerging, and have very high growth potential. >> think you'll be able to take this company public at the new york stock exchange one day? >> i think it is a fair bet this company will trade in the u.s. pretty soon. >> boris jordan, thank you very much, for joining us executive chairman of curaleaf >>> time to go to jon fortt for a look at what's coming up on "squawk alley". >> akami higher, i want to talk about the security businesses rolling out. a lot of it has to do with over the top and streaming. with disney and apple, hulu, all set to launch more services, more streaming, is this a way to play it? we have the ceo coming up on

the other big story today, uber debuting on the new york stock exchange. stock still below its ipo price. for more i want to bring back r rob. let me start with uber and its ipo. overall, ipo season has been very impressive. pinterest, zoom, some other names including levi strauss. lyft was an unmitigated disaster and now add to that this uber situation. we have a bunch more names coming. how do we handicap this? someone like you, how do you determine which ones probably you should buy as they debut or which you should wait for? >> it's a great question. as you mentioned, this month's the largest month for ipos since 2012 so there's a lot of supply that's coming to market right now. but you know what, there's an interesting stat i was reading just this morning. it was talking about the ipo market back in the days of the dot-com bubble versus today and what they're saying essentially is that companies from incubation to market was about a three-year time span. today what we're looking at is about 11 years. we have talked about this time and time again. there

when it comes to the economy overall trade that's really the biggie here all right at the new york stock exchange thank you very much. the bishops are at the service of the people. they are not above the law and if they do wrong they must also be reported. they must be subject to the procedures like all others. it is a groundbreaking new decree that many say is decades overdue pope francis has issued a new law aimed at holding the catholic hierarchy accountable for failing to protect the victims of sexual abuse within the church now it's called voce s.-t. looks monday or you are the light of the world and it sets a unified standards for the church around the globe it makes it compulsory for bishops and other church officials to report any credible accusation or coverup of sex abuse to their superiors all types of abuse must be prosecuted victims protected and investigations completed within ninety days. so those are the changes that talk about that so joining me now from buffalo new york is dr robert hoatson he's a former priest and a sexual abuse survivor he runs the road to recovery nonprofit o

diane king hall is at the new york stock exchange with that and more.ning, diane. >> good morning, anne-marie. on the earnings calendar today lyft will be releasing its first report since its ipo last month. other notable earnings include allergan, anheuser busch, papa johns and tripadvisor. on wall street the dow closed down 66 points. the s&p 500 lost 13, and the nasdaq dropped 40 points finishing off the lows of the session. >>> uber and lyft drivers are planning a massive strike over work conditions and pay. tomorrow drivers in major cities including new york, chicago, los angeles, and san francisco plan to strike between 7:00 and 9:00 a.m. drivers demands include increased job security, livable incomes and a guarantee that 80 to 85% of proceeds to a ride go to the driver. >>> google is set to launch new tools to limit the use of tracking cookies. according to the wall street jury room the dashboard-like function in its chrome browser will give users more information about what cookies are tracking them. users will also be offered options to fend th

shares of the right hailing at will be listed publicly for the first time of the new york stock exchange on friday at forty five dollars each they'll be priced at the low end of its targeted range for the company at eighty two billion dollars but it's still one of the most profitable businesses ever to go public christmas salumi reports now from new york. every. hoover app has changed how people get around available in sixty three countries and seven hundred cities around the world its name has become synonymous with ride healing and now is looking to raise money on the new york stock exchange its initial public offering is likely to make billions of dollars for founder travis cowen ik and other early investors including the saudi arabian public investment fund this looks always to be the i.p.o. of the year that said the recent public offering of lift closes competition fell short of expectations and lowered its valuation estimate in the lead up to the sale like lived or has yet to make a profit in fact it's lost more than a billion dollars already this year and the whole the sort of gra