All that and more tonight on nightly Business Report for monday, october 6th. Good evening, everybody. Im bill griffeth. Glad to be back. Im in for Tyler Mathisen tonight. Im susie gharib. The big news today was about the big breakup of hewlettpackard announcing plans to split the company in two after ebay. It will focus on its personal computers and printers, the other on the fast growing corporate i. T. And technology. Investors rushed in to buy hp stock sending shares up nearly 5 . Josh lipton has more on the reasons behind the split and whats ahead for the two companies. Think internet scale with billions of users and devices. Hewlettpackards Ceo Meg Whitman used to argue that the companys business lines worked, in her words, better together. Not any more. Now the company is splitting in two. One company, which is going to be called hp inc. Will be devoted to printers and personal computers and led by an executive in that division. Whitman will lead the other company which will be
Cuts, its tax enforcement Taxpayer Service improvement of the i. T. Systems have to be put on hold. In terms of the implement ache of the Affordable Care act, i couldnt be more pleased with what the employees of the irs have been able to do. Thank you commissioner. Thank you, senator sasse. Let me admit back the envelope calculations are dangerous my logic was in error. Really the extrapolation 172 times 2, would be 344 in the second year and 430. Its not i want to correct the record. I was wrong. The so really looks like the minimum penalty will be the maximum penalty if we extrapolate it. Were not talking 3,000. Were talking 325, 695 is average. I want to correct that. Senator mccaskill. Appreciate your staffs input because i couldnt do that on my own. It was me. It seemed, man, thats why i started going through that logic. This is unbelievable. And it was unbelievable. I was wrong. 435 sounds a lot better. Sorry. Commissioner, you know, i get everybody is offended at the notion i wa
Star wars fans over the moon as j. J. Abrams unveils a new sneak peek of the upcoming blockbuster. What clues lie buried in the trailer . Only on gma, secrets from the set and a homecoming that put a smile on every fans face. Chewie, were home. And good morning, america. Harrison ford is home. Star wars fans are going nuts. You see the trailer. The most viewed clip on youtube right now. Tens of millions are watching it. Look at this. This Japanese Airline unveiling a new plane. Painted just like r2d2. We sent sara haines on a mission this morning. Shes trying to pry secrets out of him. Sounds like she did. A lot of other news to get on this morning. Including the baggage worker that got stuck in the cargo hold of the plane. We spoke to him last night. Wait until you hear his story about what happened. Good hinge his phone worked. But we begin with the new homegrown terror threat. An ohio man charged with plotting a terrorist strike on u. S. Soil. Hes the first u. S. Citizen arrested fo
About 0. 3 . Nasdaq composite also in positive territory to the tune of 9. 5 points. S p 500 higher by 2. 25 points. Fractional move there at 1379. Meanwhile, cease fire between israel and hamas announced earlier today. We saw an Immediate Reaction in the market. Take a look at this chart. The dow rallying as soon as the news hit the tape. We saw oil go down, as a matter of fact. Things are coming back here. Lets get to it with our next guests in todays close clclos exchange. Theoretically, the cease fire is an hour old. Markets responded initially, but theyve sort of regressed after that. You just saw the Dow Jones Industrial average intraday. We saw a move to the upside. Dont call it a super rally, but certainly definitive. The markets had been very nervous about whether the situation could eventually explode into something far bigger in the middle east. Theres the intrasession for the dow as well. The news came along with secretary of state Hillary Clinton announcing that the egypti
Want to open. Welcome, everybody. I am neil cavuto and this is your world. And whats going at the white house and maybe forcing home the point. President trump is urging governors across the country to follow the lead of Florida Governor ron desantis Whose Administration had just ordered that all schools reopen this august. We dont want people to make political statements or do it for political reasons. They think its going to be good for them politically so they keep the schools closed, no way. We are very much going to put pressure on governors and everybody else to open the schools. On the opposite end of the spectrum from what florida is doing, harvard has announced that all classes will be online for the entire school year until the spring of 2021 and there are a bunch of hybrid options in between, so there is a huge range for educators and parents to consider but the one thing the Trump Administration has been very clear on today is the cdcs guidance never recommended that school