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June 20, 2024
As well and europe moderately in the red as asia does retreat from the big gains yesterday. We have hit dow 16,000 and s p 1,800. But then those comments from carl icahn yesterday spoiled the party a bit. There could be an announcement this morning involving that 13 billion settlement between the department of justice and jpmorgan chase. If and when, well fill you in. More problems for tesla as the automaker is the subject of a formal government probe involving fires in the model s. The dow hit ...
June 20, 2024
Suspended in paris as reports suggest the french trainmaker is meeting today to discuss a potential bid from ge. Youre watching worldwide exchange, bringing you Business News from around the globe. A Rating Agency Standard Poors downgraded russias Credit Rating to one notch above junk, citing capital flight as the key reason for the move. This after secretary of state john kerry says moscow is not keeping its side of the geneva pact and warned of the potential consequences. Let me be clear, if r...
June 20, 2024
Plenty to chew on this week. Although the big news of the morning well get to that. The ten year awfully close to the lows of the year. The 257 a lot of feds speak this we week. Europe is in the red are and dozens die in the ukraine. Fall out from the Massive Customer data breach continues. Warren buffet this morning explaining the vote around the Compensation Plan and more. First up greg steinhoffel is out. Target has named John Mulligan as ceo while the Company Searches for a new chief. But as...
June 20, 2024
A lot of cheeseburgers. Let me tell you. Welcome to 60 minutes on cnbc. Im lesley stahl. The Information Technology revolution changes our world on a daily basis, but one thing that doesnt change is our fascination with the socalled nerds who not only transformed society but became billionaires in the process. This Edition Features a trio of these tech titans bill gates, the man who created the worlds most valuable software company, microsoft; Mark Zuckerberg, the young, geeky Computer Programme...
June 20, 2024
Of true detective. We have hit a milestone in the economy. American companies have shaken off the great recession. Fridays jobs report shows the number of private sector jobs is now higher than the pretty recession peak. The prerecession peak. Mike mckee is joining me, we should be celebrating . The 192,000 jobs we got friday put us 110,000 over recession peak for private sector employment. In january 2008, it has taken us this long and recover. It is only a partial celebration. The economy woul...
June 20, 2024
Group. Why is this happening . Well, you know you get the home Builder Sentiment in, and that came in at 54, so that continues to show strength, above that 50 number means that more Home Builders view conditions as good rather than poor. Anything below 50 would be bad. So it was slightly less than what some of the analysts were expecting that 55 number, however, you are seeing the group do well. Why is the group doing well overall . Points right over to the ted and low more to the fed and the lo...
June 20, 2024
For the search for flight 370. Ships and planes are moving away from the area that had been the center of the search for several days. Theyre now looking closer to australia as the investigation enters its third week. Abcs Nikki Battiste filed this report from perth, australia. Reporter there is once again a new lead. Said to be the most credible yet in the search for missing Malaysian Airlines flight 370. New Data Analysis moved todays search nearly 700 miles northeast. Thats back to the origin...
June 20, 2024
President obama says the incident illustrates that more work needs to be done in understanding a legacy of slavery and racism in the united states. We do have the expanded recording of the alleged sterling rant on our website, abc7news. Com. Despite the comments, the game went on, and what a game it was for the warriors. Mike shumann joins us with the highlight, coming up in sports. Search crews have been unable to locate a pilot after two planes collided above the San Francisco bay today. Thoug...
June 20, 2024
10 billion related to mortgages. Is the bank ready to put the past behind it . All that and more tonight when nightly Business Report for thursday, april 24th. Good evening, every, this was a big and busier day over earnings seasons, more than 60 of the companies on the s p 500, including five members of the dow index reported their latest quarterly numbers. And then after the markets closed two of the biggest household names in technology came out with solid earnings, amazon and microsoft. We b...
June 20, 2024
The victim was 24yearold Jonathan Denver from fort bragg. Thats him on the left here. Montgomerys father says his son told him the stabbing was in selfdefense and the fight started when denver yelled, giants suck. Breaking news in San Francisco. Kpix 5 reporter Elizabeth Wenger is at the scene of a deadly house fire. Elizabeth, you just got new information about the toddler killed in the fire . Reporter we have confirmed that the toddler was a baby girl. 2. 5 years old. In addition what makes th...