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June 25, 2024
To leave the eu next week. It wont lead to the chaos that many seem to be expecting. Yet here we are after yet another day where the market was totally immersed in what will happen a week from now. The dow slipping 58 points. Nasdaq falling. I say weve seen this movie before. Except the last time we women through this, it was a heck of a lot worse. I dont really fear the idea that the uk, a country with its own currency, might divorce itself from europe. A whole couldnt penalty in with a differe...
June 25, 2024
2,094. We got to get to dominick chu. He has a market flash. Global retail now. Earlier in the past hour we told you the news about walmart taking a 5 stake in jd. Com. Theyre going to swapt businesses a little bit. Walmart giving over the china operations to jd. Com and getting a 5 share. They were up about 8 pat going into that trading halt. They are now up about 8 . So trading just a little bit below where they were when that news first came out. Just call to your attention what is happening....
June 25, 2024
Bonds as we get q2 gdp this time tomorrow. Earnings, the busiest day of the season. Majors like facebook and ford on the move, dow chemical, inside look of the quarter from andrew. Hey, you get on to my cloud. Oracle buying netsuite for 9. 3 billion citing strats youlike synergies. The final day of the Democratic National convention ringing endorsements for Hillary Clinton from the president and Mike Bloomberg last night. The candidate takes the stage tonight and we will go live to philadelphia....
June 25, 2024
Also some tech m a. Oracle buying netsuite for 9. 3 billion in cash. That makes it the second biggest acquisition ever. Thats behind the 10 plus billion dollar acquisition just over ten years ago. Just had a conversation with people familiar with oracle speaking on this and i was wondering right now because larry and his Family Organization connected to him own about 40 of netsuite. This deal looks more expensive than oracle has been paying for cloud acquisition. So why do this now . It turns ou...
June 25, 2024
Be cleared within the next half hour. Caught on camera, driver racist right after taking the wheel, andria borba shows us the scuffle that may get the man fired works the fight to find parking in San Francisco is never easy but theres one in response to a fight, one driver, dropping racial slurs, a muni driver. I am on what . [ beep ]. A woman named mira posting her video to facebook page. Reprehensible. Thats how they found out about it. We are taking immediate and corrective action in the case...
June 25, 2024
Unusual for marla to do. She would do anything for somebody who was young and needed help. Allowed people to stay at her home when they didnt have anywhere to go. The former public defender was stabbed, a makeshift memorial is there, angela will be here today later this afternoon. Kpix 5. Who have authorities said about a motive . They havent said anything, nothing about the motive has been made public yet, back to you. Thank you. New this morning, three of the five members of the socalled frisc...
June 25, 2024
Controlling shareholder Sumner Redstone kicked five of viacoms directors, including ceo fa lien de felipe delmon, off the board extending the incredible move over redstones iconic media empire. Shares rallied on the news climbing more than 6 . Viacom issued a statement pointing fingers at red stones daughter sherry saying, this is a brazen and demonstrably invalid attempt by ms. Redstone to gain control of viacom and its management. So how does this one play out . Tom megan, joins us now, welcom...
June 25, 2024
Redstone kicked five of viacoms directors, including ceo fa lien de felipe delmon, off the board extending the incredible move over redstones iconic media empire. Shares rallied on the news climbing more than 6 . Viacom issued a statement pointing fingers at red stones daughter sherry saying, this is a brazen and demonstrably invalid attempt by ms. Redstone to gain control of viacom and its management. So how does this one play out . Tom megan, joins us now, welcome, nice to have you. I guess on...
June 25, 2024
Controlling shareholder Sumner Redstone kicked five of viacoms directors, including ceo fa lien de felipe delmon, off the board extending the incredible move over redstones iconic media empire. Shares rallied on the news climbing more than 6 . Viacom issued a statement pointing fingers at red stones daughter sherry saying, this is a brazen and demonstrably invalid attempt by ms. Redstone to gain control of viacom and its management. So how does this one play out . Tom megan, joins us now, welcom...
June 25, 2024
Health of retail looks like. Tough to get handle on retail these days. So diverse. Plus after a recent rash of airline glitches, there are new calls from congress for airlines to overhaul their i. T. Systems. We will talk to that man there, senator Richard Blumenthal, one of those lawmakers behind the initiative. He and senator marky from massachusetts sent a letter today to those airlines seeking answers to the latest glitches here. And reporting earnings after closing today, tech giant getting...