we are looking at the floor of the new york stock exchange. gerri willis tracking all of the action when it comes to retail. hi, gerri. gerri: that's right. you have the good news story. i have the bad news story. bed, bath & beyond stock is tanking today. they disappointed with earnings and revenue and then said oh, you know that forecast we gave you for results, forget it, we are not going to match that. they have had 11 consecutive quarters of declining same store sales. just a horror for them. the ceo saying guess what, i'm going to come out with a turnaround plan but not until this coming spring. so investors not happy about this, as you can see from what the share price is doing. >>> macy's is also down on news it's closing 28 stores, plus one bloomingdale's store. they did announce a smaller than expected fall in same store sales but are paying the price today. >>> kohl's also down here, as you can see, 7%. they released holiday sales numbers that missed expectations, but just barely, and jc penney announced the same thing, but their sam

it is perceived that the new york stock exchange is ahead with a spotify and slack.atching up? adena: i think both exchanges offer a good solution for companies who choose to have a direct listing. we have offered direct listings for a while and i think more companies are considering that path. >>>> how many? adena: is a niche offering. to those companies that are not looking to raise capital and have really great brand recognition out and among retail investors or have a business model that is easy to understand unpredictable. taylor: that was nasdaq ceo adena friedman speaking with our reporter in davos. bloomberg sat down with the president of the new york stock exchange, stacy cunningham, to get her opinion on the advantages of going public for both companies and investors. she spoke to tom and jonathan ferro in davos. there are a lot of conversations of why they are staying private longer. it is capital, regulation, all of these things. the fact that they are staying private means there's less of thereline in governance is less clarity around valuation. are thes

you have minimum standards to be listed on the new york stock exchange.cap, shareholders as well. why not have esg as part of that? stacey: our standards are focused on investor protections. the conversations we are having are connected. if we put so many standards around requirements for companies to be public, they have alternatives. it is a different dynamic than it was years ago when you had to come to the public markets to get money. because there is money available in the private market space, we don't want investors to be denied those opportunities entirely. tom: this is not your remit, what i want your opinion on this. it's important. ferro has responded from the shock of losing money on -- jonathan: don't listen to him. tom: how do you respond when on your floor, they do the song and dance of an ipo or even the initial public offerings and they come out and they do the whole modern media dance and the thing goes down x percent. that is not good for the brand, is it? a largekeep in mind, in ipo like that, they sold $8 billion of stock. over time,

themselves safely in the green at this hour and let's get to lauren on the floor of the new york stock exchangee vaccine makers are doing. >> this is a big deal because for every one stock that moves up, seven are moving down. this is rare. let's talk about the homebuilders that are getting listed today. they have strong earnings, read theiraised their guidance to 200 and speaks to the potential health of low interest rates in 2020. this also happening despite new-home sales falling in the month of december. take a look at beyond meat stock is doing well, denny's, 1700 restaurants in north america, the first family restaurant with a plant-based option on its menu, beyond meat is the plant-based option. the stock up for and how%. as i noted were not seen a lot of green so afford a half% move is a nice one. finally the pet supply online company increasing the price target to $35 on the stock and trading at 28.91. they also gave an upgrade. good news for you on a day where it's pretty tough to find green. >> i've been down at the new york stock exchange during sars and other situations. they're bi

shery: the volcano in the philippines shots schools and the stock exchange, warning of a violent explosion. australian markets have opened for trade. let's turn to sophie. sophie: stocks opened to the downside, off .2% after the best week of the asx 200 since february. we are seeing beach energy under pressure but australian oil companies should outperform in 2020, although looking for caution around oil prices in the back half of the year given expectations for additional supply which has taken the wind out of oils rally. -- the oil rally. oil had the worst week since july. let's flip the board to check in on cable. we are seeing cable under pressure. looking at how it is doing, moving towards the 130 scandal. -- 130 scandal. here,g into the terminal want to give you the heads up the philippines stock exchange has been close to their rolling along with schools and the middle miller -- the manila airport in the week. here is where philippine stocks are. this is asia's worst performer to start the year. this as we are seeing -- $44 million. that is the biggest outflow in asia. the question

so the friends stock exchange celebrating an all time high. while capitalism is coming under increasing fire even by people gathered in davos the elite of companies and what's the view there in the markets is that it's all sort of a whitewash was or is it does capitalism really have to change. oh definitely capitalism has to change and this is a conviction that everyone in the financial world really has what's happening now is that something that people have been talking about for a long long time is just now becoming mainstream you know for many years alice have demanded from companies that they'd better describe the risk that they have in their books related to emissions related to the cost in relation to climate change now. slowly the companies are doing it today reuters reports that b.p. plans to put a price tag on not only the emissions of its own operation but also on emissions from its products that's really a huge overhaul for that oil company owner who's in frankfurt thank you. saudi arabia has hit back against allegations that have h

correspondent olivares reporting from the frankfurt stock exchange ali thank you so much shortly after the ceiling of the u.s. china trade deal the european union has cast doubt over its legality the use top trade official has pledged to investigate whether china's commitment to increased purchases of u.s. goods by $2200000000000.00 is w t o compatible the bloc says it won't mount a legal challenge if it finds violations earlier a chinese vice premier insisted the pact complied with the ragged elations of the world trade organization let's take a listen to what he had to say. to reveal which there are 2 important conditions no negotiations the 1st one is not hurting the 3rd parties and the 2nd one is sticking to the principles of the world trade organization china's imports are actually based on the market principle on the rule of supply demand. enterprises import according to consumers demand and the supply demand relationship of the market imports will be scrupulously checked by domestic consumers. so generally we believe that it won't hurt the interests of 3rd parties. to the design

the year s&p and nasdaq down 5% down from its 52-week high let's get to seema at the new york stock exchange. >> yeah and we're watching the

including britain stance on the protests in hong kong cross border listings could help london stock exchange offset the recent decline in i.p.o.'s in the run up to briggs it. staying in europe croatia has just assumed the 6 month rotating presidency of the e.u. council the youngest member of the european union has yet to adopt the euro many say doing so would help the country's tourism and other sectors although not everyone is on board. for the croatians to treasured national currency is more than just a means of payment it's a symbol of their national independence croatian see the coup not a stable and reliable even though it's an e.u. member crew asia has been reluctant to join the european common currency the euro. thank you. both at the euro is better for us but we love our kuna that's our national currency. misunderstood and we're not ready to bring in the euro we're too economically weak maybe in a couple of years time pictures want and i'll suddenly. hear invoke of our in the north east of the country you can still see relics of the civil war against the serbs more than 30 years ago

the philippines stock exchange stopped trading as well.rt is closed until further notice because of the runways. 200 flights have been canceled. thank you for joining us. the latest on the volcano. let's get you a look at the business flash headlines. china take him to the record of james bond's favorite carmaker. the are in talks with company, saving to a million dollars of investment. contemporary is also thinking of a stake. aston martin is under pressure. kong'sthe first of hong new digital banks is waiting customers with a 6 -- they are one of eight preparing to start a digital only operation in the city and offering some people over three percentage points more than traditional lenders. analysts doubt such rates are sustainable but say this is a sign of increasing competition in banking. contract forng a an australian coal mine. the protest -- carmichaelrking with mining in queensland. the ceo said while he has empathy for environmental matters, he has to balance what he calls the different interests of different stakeholders. shery:

optimism really has returned back to the trading floors there are more people or people at the stock exchange who believe that the manufacturing sector here in germany this year will manage to recover and also from donald trump the man who has cost so much trouble for the german economy very few people here expect a lot of negative policies in this election year 2020. all right in there for us in frankfurt thank you very much. and that's it for me in the deed only business thanks for watching. every 2 seconds person is forced to flee their home. the consequences of the disastrous our documentary series displaced depicts dramatic humanitarian crises for. forgetting we don't give them anything i didn't go to university to kill people. in the field for their cars and their future so they seek refuge abroad but what will become of her story behind it's a. battle my husband went to peru because of the crisis that if he hadn't gone. there we would have died of hunger on account. displaced this week to w. . a chopin nocturne played by claire why and see who has been called the most expressive chopin

diane king hall is at the new york stock exchange with that and more.g. >> good morning. in the earnings calendar netflix is set to release its quarterly results today. meanwhile, wall street begins a holiday-shortened week after being closed yesterday of martin luther king jr. day. the nasdaq rose 31 on friday and s&p 500 added 12. the american college of physicians is calling for an overhaul of the u.s. health care system ahead of the presidential election. the organization is demanding government action to guarantee coverage for all, reduce costs and improve the basic well being of americans. doctors have traditionally been central to the nation's health care debates. the american medical association's approval helped president obama pass the affordable care act in 2010. >>> boeing is seeking to borrow $10 billion or more amid the 737 max crisis. according to reuters the move comes amid rising costs for the u.s. plane maker. so far boeing reportedly secured at least $6 billion from banks. boeing has been losing roughly $1 billion a month due to the g

chinese stock exchanges ststay close for an extended new year holiday. emmett heavy expxposure to the chinese economy, south korea's governmentnt has promised action to stabilize domestic financial markets. >> china is our n neighbor and closely tied to our economy. trade and investment. we hope that china will overcome the situation. anticipate special cooperation and mutual asassistance between our cououns duduring the p process.. >> a airbuss h has announced an agreement in principle with french, british and american regulators to settle a major probe into bribery and corruption. of thirded on the use party consultants to secure deals on aircraft sales. the european jet maker is expected to pay fines of over 3 billion euros to settle inquiries in those three countries. the u.k. national security council has just decided the fate of huawei. the compmpany will have a limitd role. it will be excluded from sensitive locations like nuclear sites and military bases. huawei is a chinese telecoms champion and global leader in network infrastructure. the trump

today here at the new york stock exchange i'm at the disney post, that stock off a percent and a half coronavirus. the dow off 168 points right now, but well off the session lows, with we saw it drop more than 300 points. right now the biggest contributor to the dow, it's boeing. >>> even up for further session highs. we'll have a look at what's driving the action, the nasdaq

diane king hall is at the new york stock exchange with that and more. >> reporter: investors are hopingebound after the stocks faced the first downward of the year. amid growing fears over china's coronavirus. on the friday the dow sank 170 points. nasdaq went down 87. s&p 500 dropped 30. so far futures indicating a lower open. ford will pay at least $30 million in a proposed settlement over a class action lawsuit. according to the "detroit free press" the lawsuit is related to failing transmissions in its fiesta and ford focus vehicles. it represents 2 million owners and former owners which had bad clutch transmissions. ford says itbelieves the settlement is fair and expected to be approved sometime next month. walmart is testing higher wages for new hourly positions at 500 of its stores. the nation's largest private employer will raise starting hourly wages to $12 an hour up from $11 for these new roles. walmart says the decision is part of an overall strategy to empower its staff. under the plan workers will be trained to develop broader retail skills. boeing has successfully complet

diane king hall is at the new york stock exchange with that and more. >> reporter: good morning. rates are not expected to change as the federal reserve gears up in its first meeting of the new decade. stocks rallied on wall street yesterday amid global efforts to contain the coronavirus. the dow jumped 187 points. the nasdaq soared 130, the s&p 500 was up 32. apple delivered a banner year quarter. revenue for the tech giant hit that ended december. the numbers were driven by sales of its iphone and services linked to the iphone including wireless ipods and apple services including apple tv were up 17%. makers of purel are being urged to be more transparent with consumers. the fda says they made unfounded claims about its popular line of alcohol based gels. they say the ohio based company falsely claims some forms of purel can prevent people from catching the flu, ebola virus and norovirus. they took immediate action following the fda's warning. >>> diane king hill at the new york stock exchange. thank you so much. >>> still ahead congress pays tribute to kobe bryant. lawmakers pu

diane king hall is at the new york stock exchange with that and more. ng, diane. >> good morning, anne-marie. investors will be on the lookout today for two big earnings reports from oil giants exxonmobil and chevron. meanwhile stocks rebounded yesterday. >>> the dow jumped 124 points, the nasdaq add 2d 3, the s&p 500 gained 10. >>> the chinese outbreak may benefit the economy. congress secretary wilbur ross said it could encourage manufacturers in china to return ao-caed victory lap over the virus, but added it does give businesses another thing to remember. critics say many u.s. companies with deep roots in china say they won't leave over the outbreak. >>> an out-of-house committee is investigating apps like tinder and bumble. they want procedures for verifying ages. officials also want to know about any complaints over assaults, rapes, or the use of the service by minors. dating services generally require users to be at least 18 due to concerns about sexual predators. >>> johnson & johnson has been ordered to pay over 340 million dollars in a deceptiv

diane king hall is at the new york stock exchange with that and more.d morning, diane. >> reporter: good morning, anne-marie. today, earnings season shifts back into full focus with a number of quarterly reports expected including apple. meanwhile, fears over the rapidly spreading coronavirus sent stocks tumbling yesterday. the dow dropped 453 points. the nasdaq skidded 175, and the s&p 500 sank 51. >>> some social media companies are scrambling to curb misinformation over the coronavirus. according to the "washington post," facebook is working with seven organizations to help fact check posts on its site. the platform has lowered the posts citing inaccuracies. yesterday, twitter started directing u.s. users searching for kroinsz-related hash tags to the cdc. youtube says it prior toyses more credible -- prioritizes more credible sources. >>> planter's is suspending the promotion of its super bowl ad campaign in the wake of kobe bryant's death. the snack food company released a teaser last week showing its mascot, mr. peanut, falling to his death. plant

diane king hall has that and more from the new york stock exchange. od morning. >> good morning, anne-marie. big banks like jpmorgan and wells fargo are slated to release quarterly earnings data. meantime, stocks rallied yesterday driven by easing tensions between the u.s. and iran. the dow was up 83 points. the nasdaq gained 95. the s&p 500 added 22 points. >>> the trump administration says china should no longer be designated as a currency manipulator. the action comes with the u.s. and china expected to sign a phase-one trade deal in washington tomorrow. e prinar iludes seion intended to prevent currency to gain trade advantages. the trump administration branded china's a en china as a currency manipulator five months ago. the first time since 1994 under the clinton administration. >>> starting today, microsoft will stop providing free security updates for windows 7. that means computers using that system will be more vulnerable to malware and hacking. users who want to protect their computers need to upgrade to windows 10. they may also need to buy

diane king hall at the new york stock exchange, thank you. stunning defeat for serena williams. the tennis champ suffers a major upset at the australian open. a major upset at the australian open. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-dose aspirin. no more than 100 milligrams as it affects how well brilinta works. brilinta helps keep platelets from sticking together and forming a clot. in a clinical study, brilinta worked better than plavix. brilinta reduced the chance of having another heart attack... ...or dying from one. don't stop taking brilinta without talking to your doctor, since stopping it too soon increases your risk of clots in your stent, heart attack, stroke, and even death. brilinta may cause bruising or bleeding more easily, or serious, sometimes fatal bleeding. don't take brilinta if you have bleeding, like stomach ulcers, a history of bleeding in the brain, or severe liver proble

diane king hall at the new york stock exchange.k you, diane. >> you got it. >>> still ahead, drone mystery. authorities in colorado try to ease fears as they investigate reports of dozens of drones flying at night.d arritis. because there are options. like an "unjection™". xeljanz xr, a once-daily pill for adults with moderate to severe ra for whom methotrexate did not work well enough. xeljanz xr can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz can lower your ability to fight infections like tb; don't start xeljanz if you have an infection. taking a higher than recommended dose of xeljanz for ra can increase risk of death. serious, sometimes fatal infections, cancers including lymphoma, and blood clots have happened. s teavhearometimes fatal infections, serious allergic reactions, and changes in lab results. tell your doctor if you've been somewhere fungal infections are common, or if you've had tb, hepatitis b or c, or are prone to infections. needles. fine for some. but for you, one pill a d

marc liverman is at the new york stock exchange with that and more.orning, marc. >> reporter: hey, good morning, wendy. yeah, it's the first day of the new year for wall street today. investors will get the weekly report on initial jobless claims. the dow closed up 76 points on tuesday. the s&p added nine, and the nasdaq gained 26 points. >>> major drugmakers including pfizer have increased prices on more than 200 drugs nationwide. that's according to the health care research firm three axis advisers. on new year's day, prices went up on drugs from hiv and multiple sclerosis treatments to arthritis and asthma medications. according to drugmakers, nearly all of the price increases will be below 10%, and around half are in the range of 4% to 6%. >>> a new study suggests artificial intelligence is more accurate than doctors in diagnosing breast cancer for from mammograms. the study showed ai could identify cancers with a similar degree of accuracy to radiologists while reducing false positive results by more than 5%. the study was published in the journa

nice. >>> welcome back to "power lunch" i'm mike santoli at the new york stock exchange beyond meat ups week on hopes it could secure a supply deal with mcdonald's after the fast food chain talk with rival impossible foods broke down. the stock could go above and beyond in 2020 setting a $130 price target let's bring in your trading nation team today, jayson o'hara and danielle shea. a wild ride. the fever broke on that real speculative phase but where do you see the stock at this point? >> looking at the short term pattern northwest say. the stock has been pretty much sideways and trading in a relatively narrow range. let's remember this is still a relatively new issue any time we start to see alfred e. neumans come in to play we typically see a pretty volatile reaction earnings has been a pretty strong catalyst. we've seen absolute moves of 40%, 12%, and 22%. we have the next earnings date set for february 14th. i don't expect this tranquil sideway price action to last too longer as we set up for alfred e. neumans to be released. >> danielle, obviously the question surrounding this c

and try to have suspended a joint stock exchange project within the u.k. over to support for the hong kong protest of the un on that more after the break stay with. her. thank. you. there's a lot of here is the economy where china has caught up or surpassed you know the mobile payments markets 50 times the size the us over here still writing checks our banking system is not innovated. recently woken up the last couple years and go wow we don't even have a company that can make equipment it's been a win win for china and it's been a lose lose for the us. in a world of big. lot and it's time. to dig deeper to hit the stories that made stream media refuses to tell more than we need to be smart we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. international china has reportedly suspended a joint shanghai london stock exchange project over britain's position on protests in hong kong which some in beijing view as

for more head to cbsmoneywatch.com and at the new york stock exchange i'm diane king hall. >>> new this morning the national weather service has issued another warning about heavy surf sneaker waves and rip tides. areas at risk include beaches from san francisco all the way to monterey. the warning will be in effect until 9:00 tonight. beachgoers are advised to stay off the coastal jetties. >>> the rain is coming. >> that the more immediate concern for anyone about to hit the road is the fog. not a lot but some of those in many spots you will hit patching is. more than what we saw yesterday i went to spotlight some of those areas. let me show you what it looks like from treasure island. looking back towards the city skyline, one of the prettiest cameras you will find and if we switch to look at what the current numbers are like it's a little warmer this morning than we were yesterday but not enough that you will notice. maybe a degree or two warmer. the cool spots as usual are the inland locations, livermore 43 and napa 42. remember those two when we take a look at where the fog is beca

they rang the opening bell on the floor of the new york stock exchange.is here with the story. reporter: the abr trading today, the company was down here to celebrate that. the world's forth largest pure play beauty group that owns avon. the company focusing on lead to direct to consumer market on cosmetics and beauty. natura had a strong platform. it owns the popular body shop, listing in the u.s. and brazil. revenues over $10 billion to 100 million consumers 3200 stores in over 100 different markets. 40,000 employees. we spoke to the chairman of natura. he said this. >> this really takes us to the next level in terms of becoming a multibrand, multichannel company, with a brand that beloved brand. it has a presence in over 100 countries, that gives us the possibility to continue to grow our business, our company, at the same time, really embracing what something, very important for us, we charge values, causes that actually you say between natura and avon. reporter: they expect the deal to yield some synergies. 150 million to 250 million annually the fir

china has reportedly suspended a joint stock exchange project with the u.k. over its support for the hong kong protests offer you in on that and much more after a short break this is art internet. the world is driven by a dream shaped by the. military thinks. we dare to ask. so what we've got to do is identify the threats that we have it's crazy foundation let it be an arms race. very dramatic developments only mostly and. i don't see how that strategy will be successful very critical time to sit down and talk. i welcome back this is r.t. international trying to has reportedly suspended a joint to shanghai london stock exchange project over britain's position on protests in hong kong which some in beijing view as meddling the link up in question was launched in june last year and was meant to enable british and chinese firms unprecedented access to each other's markets china's foreign ministry's spokesperson was vague when asked about the matter but expressed hopes for further cooperation between the countries. we hope the u.k. will provide a just open and no

money watch reporter diane king hall has that story and more from the new york stock exchange. >>> wall street started the holiday shortened week under pressure. the dow dropped 152 points on tuesday, the nasdaq lost 18 and the s&p 500 fell 8. boeing doesn't expect its changes to the troubled 737 max jets to receive federal approval until the summer. several months longer than expected. the company is waiting for regulators to say when the max can fly again. it has been grounded since last march after two deadly crashes overseas. and that you're cbs money watch report. for more head to cbsmoneywatch.com. at the new york stock exchange, i'm diane king hall. >>> watch out for dangerous surf along the bay area coastline today. warnings have been extended and another day with the possibility of rip currents and sneaker waves. >> let's get another check on our forecast to emily. >> in honor of my birthday the rain has decided it will take a break. we have a few lingering showers this morning but those are moving out of the way. they are only a few out there and taking on hi-def doppler you c

for december, we should talk about the russian stock market, because russia is set to launch a stock exchangefor sanctioned companies. what's the strategy there? i find that very interesting. >> you know, in general, russian stocks were doing very well. i think the stock market increased by more than one third last year. but again, talking about sanctions, the special stock exchange, we are not part of this but it's mainly for the companies which can't be listed anywhere else. i think that we have to find ways how to deal with this, and that's why we are trying to -- these companies that cannot be listed in moscow, they will have a special facility for this. liz: russia is very much on a fossil fuel economy, whether it's natural gas on the pipeline with europe or outright crude oil. davos, the big discussion there is about sustainable energy and cleaning up the world so that we don't face climate change. how do russians view that? >> you know, definitely fossil fuel will be extracted and used, and look at the automobile everywhere from china and india -- liz: you mentioned the automobile. any

china has temporarily halted a link between the shanghai and london stock exchanges. news prompted by political considerations. the u.k. staff on the hong kong protest is one of the issues, designed to allow companies listed from one venue to issue shares on the other and that is your bloomberg business flash, david. david: the world of sports lost a legend on new year's eve, former nba commissioner david stern passed away after suffering a brain hemorrhage. he led the nba for 30 years, the longest anyone has ever been commissioner of a professional sport. he took an also-ran league and made it into a multibillion dollar global powerhouse, adding franchises, instituting drug testing, turning it into a marketing machine. in the process he made players and owners enormously wealthy. david stern was 77. [no audio] "bloomberg is daybreak." taking a look at the asset, starting with equities, u.s. futures are up, the dow is up 65 points. the s&p and nasdaq are also up. it has been trading up nicely and broadly. there is a lot of depth in the asianfollowing on equities being

beijing's decision to suspend the shanghai in london stock exchange tie up is shining a light on theeen the two countries, and it comes just as prime minister boris johnson besides whether huawei can operate in the u.k.. selina wang joins us from beijing. tie up hast this been nonperforming. -- been underperforming. perhaps this decision was political? selina: when the stock exchange debuted a year ago, we saw china opening up its global markets as well as a way to improve u.k. and china relations. our sources say the reason why this stock connect was temporarily halted was because of political issues particularly around britain stance on the protest in hong kong, which china has been very sensitive to criticism of that. the two countries have been engaged in a spat. that escalated when they accused china of torturing -- you heard the chinese government were and that further interference in hong kong will eventually harm u.k. interests. paul: is there any significance to the timing of this move, and how does huawei fit into it all? selina: now, the timing of this is not viewed as a c

china has temporarily blocked plans for cross border listings between the shanghai and london stock exchange is that according to reuters it says the move is due to political tensions including britain stance on hong kong protests. german car giant volkswagen and the german consumer group say they will begin talks to settle a class action lawsuit linked to the diesel emissions scandal the 2 sides say their aim is a quote unquote pragmatic solution in the interests of customers a settlement would entitle plaintiffs to financial compensation for the loss in value of their diesel vehicles. german employment was up in 2019 despite an economic slowdown in the country $45300000.00 people were at work that's an increase of 9 tenths of a percent over the previous year according to official data and that marks 14 straight years of jobs growth the overall jobless rate was stable for the year at just over 3 percent. greece israel and cyprus signed a deal in athens for an undersea pipeline the east med pipeline will carry gas from offshore israel to continental europe via greece and cyprus the $60000000

using road navigation systems, keeping time consistent around the world, and generating accurate stock exchangeon? the answer, they all depend on working satellites. but an increasing amount of debris polluting space is posing a risk to all of those services. one japanese firm has been working on ways to clea n firm has been working on ways to clean up space junk. let's firm has been working on ways to clean up spacejunk. let's hearfrom them. debris in space has reached a critical level. a chain reaction of a collision could happen in any near future. a company that is cleaning up the earth's spacejunk. a company that is cleaning up the earth's space junk. let's take a look at the markets before we go. this is how asian markets have opened. australia and hong kong's hang seng doing extraordinarily well. indicate is still closed. they are well. indicate is still closed. they a re really well. indicate is still closed. they are really getting a shot in the arm from wall street's record highs we told you about earlier. and of course china's stimulus measures as well, increasing a lot of optimism a

so the new york stock exchange has received an information request from the sec on this list on this listing investigation. it shows that there is an expansion of it: that this is serious, this is the sec enforcement division doing this and it appears to be focused largely from what i understand on the direct listing of slack. i don't know if you remember that. neil: right. charlie: it was a pretty messy direct listing that was delayed and it was improper information given out, possibly floor broker s complained about the way it wasnd ha eled by the designated market maker, in that ways it was ciaadel, so i guess what you can surmise from this, the sec has taken a broad look at direct listings and ipo's by the way direct listings are a huge thing. it's saves companies a lot of money if you can bypass the underwriting process with the big wall street firm, so that's more money for shareholders, so that's why a lot of firms, companies are doing that and bypassing the traditional underwriting role but the way this direct listing is involving citadel worked out or didn't work out is what

over the past couple years last year was absolutely ridiculous the performance of the new york stock exchange but how far does that money get i mean it goes to shareholders does it go on to society to communities does it go to helping the environment these are the big questions that created 2 back has been raising here and very valid i mean how sustainable of these practices that's also something that one of the managing directors of the software maker told me just recently. if we have more sustainable. this is in place and business is more greener and thinking about all this stakeholders not just the shareholders then the long term profits will be much higher and that would be great for both. us the planet and also for shareholders themselves you talk of those tax cuts this gets down to i think what you're saying is inequality and that's something we're seeing in developing countries as well as in developed countries that must be a big topic here at davos is. definitely not just to say inability but also. trying to change things around to see that inequality is actually tackled it's been a b

only reported half of his $89 million overall compensation between 2011 and 2016 to the tokyo stock exchangeautos research at fitch solutions. good morning. this story is getting more extraordinary by the day, and i would imagine everybody will be watching this press conference later from beirut. absolutely. there is speculation that he will be saying to, and who we think within this and is behind the allegations made against him. if that were the case, really, today is the first time he has been able to give serious detail about his thoughts about his arrest on what was going on within nissan. yes, and it should give some idea on the idea of the inner workings of nissan as well. we could start to see this having some repercussions on the business. they are already starting to use the new leadership, they have put in a new head for the us business, for example, which has been a weak area for them at the moment, so this has another big impact on their day—to—day business. people are speculating that he will say that he believes he was got rid of, as it were, because he really wa nted of, as i

african companies with a market capitalization exceeding 160000000000 a listed on the london stock exchange so what does the ukase exit from the e.u. mean for africa my colleague. is here to talk about exactly that 1st of all start with trade and investment between you the u.k. and africa. what's going to happen that he's sick well i mean of course we saw the u.k. african vestment summit which is just mentioned and of course a lot of deals were mentioned where you know announced at that particular summit so they wanted to go to start the year with a bang when it came to trade with africa and they've also been increasing their trade stuff that you could come in has been increasing their trade stuff on the african continent by around 20 percent in like 23 countries if i remember correctly and they are trying to get as many people on the ground and trying to do as many things so we're going to hear a few more announcements probably going along in the year but in terms of what it how it compares to trade with africa from you know china or the u.s. with africa it's way behind and it's going to h

stop it as soon as possible all right let's bring in correspondent only bards of the frankfurt stock exchange here as well only tell us about the market reaction to these figures. well the markets initially react the very positively chinese shares went up and also shares and the nikkei the one soared to 6 months high but those gains have been pared the nikkei still positive but chinese actually losing a little bit you know on 2nd glance the number is not spectacular 6 point one percent that's almost at the bottom of the range that the chinese officially set for their economy 2019 yes there was that uptick in late 2019 that was a very promising sign based on a trade deal happening and not much still maybe happening to prevent that but you know when you look at the 6 point one percent and where it was only a little while ago and when you look at also all the criticism of the vote economists i talked to that the chinese to 6 are accurate that it's not all that good for the markets all right so back to you in taipei how does this weekend to get on with you spend ssion impact people's lives. well

they took out the stock exchange, the new york stock exchange.en the most of the new york stock exchange were listed stocks. those were big stocks, face it, take out big tech names, most of them, major blue chip corporations in order to trade, if you listed you had to trade almost on the stock exchange. following the change in the way the market is structured, that came, that, that came after 9/11. stocks could trade anywhere. take that out, it lessen the economic impact of a major terrorist attack. now obviously if there is a dirty bomb blowing up middle of manhattan, a city like this gets shut down. that is a real problem economically. i will tell you that i spoken with plenty of cia national security people. fbi, they are always on guard for that. our surveillance protective mechanisms on that are very, doesn't mean something can't slip through. but they are always prepared for that. clearly after something like this, all alarms go off. the markets are not trading off another reason, neil. we produce our own oil. neil: that is different world.

that prompted the new york stock exchange to temporarily halt trading until the compa ny‘s formal updatelet's get more on this from our north american business correspondent michelle fleury, who sent us this report from new york. wasn't meant to be like this stopping the grounding of the 737 max jet wasn't expected to last this long, but boeing is pushing back the date for its return to service stopping the new delay comes after two recent discoveries. a software floor requiring more work than expected and an audit that found that some of the wiring on the plane needed to be rebutted stopping the means thejet needed to be rebutted stopping the means the jet will miss the busy summer means the jet will miss the busy summer travel means the jet will miss the busy summer travel season means the jet will miss the busy summer travel season for a second straight year. that is peak revenue season, and that could add to the compensation that the us plane maker ends up paying airlines. to recap, the max was grounded in march of 2019 after deadly crashes that killed many people. 0verly optimistic

sec filing or the new york stock exchange approving those ipos. first one and we are working on the second one in the logistical space. they are helping the high-tech and in certain sectors, including new material, new energy, and pharmaceutical and the smart manufacturing companies to raise funds. we have seen growth in this market. there will be more and more chinese companies seeking domestic ipo as opposed to the overseas ipos. china is still in a phase of capital formation. reporter: what are the key challenges for the business in 2020? is it talent? you have so much competition now from j.p. morgan, goldman sachs. >> yes. , especially for the financial services. across to wealth and also asset management. we make sure we have the whole lifecycle. , weire the right people train them, we retain them, not just pay them competitively, but more importantly to promote them into the ubs culture. we hire the right kind of employees and colleagues who will become the backbone of the workforce and carry our franchise towards the future. theother compe

david faber at the new york stock exchange, kramer is at the 38th annual jpmorgan conference in san franciscoa host of ceo interviews an including with bliss toll myers later on this hour futures are solid, earnings phase one signing, lots of eco data our road map begins with trade optimism reigniting the record rally. the chinese delegation heads to d.c. today for an expected phase one signing on wednesday >>> plus new ceo, same crisis. what to expect from boeing's new chief executive, david calhoun, who takes over today and the future of the 737 max. >>> then there were four, alphabet nearing the trillion-dollar market cap club, behind apple, microsoft and amazon stocks are looking to recoup some losses from dow, the dow surpassed 29k for the first time before finishing in the red. all three major indices are in the green since the beginning of the year led by the nasdaq's 2% gain as we were saying on "squawk" a few moments ago, jim, if lulu yes, ma'am of lemon is a clue to the earnings season, maybe this rally has been justified >> we have two conference this is ek wweek, icr in orlando an

thursday morning, happ new year jon fortt with morgan brennan and mike santoli live at the new york stock exchangerl has the morning off it is the first trading day of the month and the year stocks are rallying to kickoff 2020 fresh record highs for all major indexes. bob pisani is with us to breakdown what could push the markets higher. >> what a different january 2nd makes. remember this time last year, a year, what a difference. january 1st, last year, look what's going on, the market was pricing in earnings recession. remember that phrase stocks were cheap. fast forward a year. the opposite is happening. the recession didn't happen, earnings recession didn't happen, the economy is strong, stocks have gotten on the expensive side so the issue is whether we can finally return to earnings growth after an essentially flat year in 2019 most strategists are expecting mid single digits earnings growth which would take pressure off the higher multiple the market has now early reports from companies reporting the end of november are mixed with big names like fedex, nike, micron, general mills, carnival

diane king hall is at the new york stock exchange with that and more. >> reporter: investors will getweekly read on initialss claims. here on wall street stocks closed mix on wednesday. the dow fell nine points. the nasdaq rose 12. the s&p 500 finished flat. >>> consumers who purchased a short term health insurance plan during open enrollment season may be surprised by their plan. many low cost plan don't cover basic health necessities such as prescription drugs orma alternativity care. trump administration rolled back restrictions on short term plans in 2018. crypts quickly labelled them junk insurance warning they come with gaps. >>> boeing's newest ceo is suggesting the production of 737 max will resume this spring even before regulators green light the plane to fine again. david calhoun said the assembly will start in a few months. calhoun believes passengers will fly on the max when federal regulators say it's safe. the faa grounded the max late last year after two deadly crashes overseas. >>> new vacation rental platform has launched that caters to women. it's called go lightly.

i'm morgan brennan on the floor of the new york stock exchange at the ibm stock leading the dow higherr yesterday's close. overall, though, a little bit more of a mixed picture as the dow tries to hang onto the gains into today's close with just 59 minutes left to trade. >> and i'm sarah eisen in davos switzerland where president trump tells cnbc he'll impose for tariffs on europe if they don't make

i'm morgan brennan on the floor of the stock exchange, you can see that stock is up helping drive techher, giving other software names a boost as well we'll tell you why. >>> and good afternoon i'm wilfred frost. energy now the top performing sectors, and some british analys