Trump about how we could end up in a major, major conflict in his words. Did put some pressure, if you see the nikkei, down about 0. 3 . Same with the hang seng. In europe this morning n some early tlading, things are mixed. The ftse is down by 0. 25 . The cac is up by that much. The dax is up by 0. 10 . With crude oil prices this morning, looks like wti is still below 50. Up 27 cents. Tech stocks on the move this morning. After quarterly reports late yesterday. Lets give around up of whats going on. Amazon eps tops estimates by 36 cents. Saying revenue from the Cloud Business, advertising and Subscription Services helping to drive those results. Alphabet beating the street on both the top and bottom line. Strong ad sales sending profits up 29 , despite some advertisers boycotting youtube. And microsofts ref knew ju revenue just missed consensus. Sales of the Cloud Services platform jumped 93 in the quarter. Last but not least, look at intel. Reporting lower than expected quarterly rev
He was going to be tough and it was a terrible downfall. For more of this schedule go to booktv. Org. A Senate Committee now looks at waste and fraud in areas of the federal government including improper refundable tax credits by the irs. I gao official and the treasury inspector recommended savings during the hearing. Good morning. This hearing will come to order. I want to welcome our witnesses, appreciate your time, your testimony and look forward to your oral testimony and answering what will be some pretty interesting questions. I frequently say from this podium that the inspectoray generals, you are go to agencies in government. Doing so much to root out and identify and eliminate waste, fraud, abuse, duplicative programs which is what this hearing is about, is the reports by the gao that really started with the Pretty Simple amendment offering 2010 by senator coburn in the debate over increased, something will hate to do but if are going to do it its kind of nice to get some mea
Daily many 1979 cspan was created as a Public Service by americas Cable Television companies. And is brought to you today by your cable or satellite provider. At a Senate Hearing on government waste federal officials testified about ways to save money by preventing fraud and removing a necessary regulation. Senator john johnson shares Homeland Security and Government Affairs committee. This is an hour and 0 minutes. 40 minutes. All right. [silence] morning this hearing will come to order. I want to welcome my witnesses, appreciate your time, your testimony, and look forward to your oral testimony and answering pretty interesting questions. I frequently say from this podium that general and Inspector Generals are, you know, our goal two agencies in government. Doing so much to route out and identify and eliminate ways fraud abuse and prals which this hearing is about is reports by gao that started with a simple amendment offering and by senator colburn in increase in debt ceiling someth
Getting restless this time of week. I am feeling it. Almost here. Anyone looking forward to eating at it and out. I have seen this. A little more. Football team, nine players sick. In n out Officials Say everythings cool and fine. Do you go back to that restaurant and eat even if the executives at in n out say its good . I do because its in livermore, hometown, i love in n out. What if it was a different town . Probably not. Interesting. I wonder if it will bruise or bounce back. It may take a hit. I will treat you double doubleto a investigations underway into two suspicious car fires in Contra Costa County. It happened overnight 1 mile from each other. One on highland way the other hollow brook court. Both east of highway 4. Allie rasmus ktvu live look at the damage. Reporter because they happened within 1 mile within a 10 minute window. Ease Concho County battalion chief says they are considered suspicious. You can see the damage behind me. This is what is left of a avalanche pick u
You have the acquirer going up 3 in the situation like this. Lets take a look at the operating margin at amazon. That is something to get a lot of attention. If you look at amazons operating margin versus some of these brickandmortar grocers, its much lower. Target, for 7 from example. The question is as well, for whole foods, which is a relatively highpriced grocer, is operating margin around 5. 5 . What then does that brings to amazon and how does it affect its financials . Consumer stocks are trading lower by a lot and you can see that if you look at some of the stocks we just looked at and the companies we just looked at, kroger, target, costco, walmart all trading off sharply and krogers in particular dropped 18 yesterday, if you recall its because the company came out with a disappointing forecast. Not only has it been hit to some degree by food deflation also, there are concerns about an increasingly tough price war with some of the other groceries, especially when you have the