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Julia . Thats right. Disney cfo christine mckarther announced disney will be sustaining the dividend which will preserve 1. 6 billion in cash and this comes as the Company Announces that covid19 cost disney 1. 4 billion to its bottom line in the quarter and that includes a hit to advertising, movie delays and think, most of all, the closure of disneys parks. The disney parks alone had an operating income loss of 1 billion in the quarter due to covid driving a 58 drop in operating income now here...

Limbo. The ceo will be b here to explain why the trade war is is hurting his business so much power lunch starts right now wrapping up u on the high note check out facebook shares. They are under pressure as a number of state attorneys general get ready to open an antitrust investigation into the tech giant well have much more on this move later on. Melissa, thanks jay powell speaking moments ago in switzerland this will be the last time we hear from him or any other fed official before the next...

For u. S. Steel teslas awful august rolls on and the casino stocks crapping out, after a monster heater. Im melissa lee, this is fast money, live from the Nasdaq Market site. And we start off with a surprising reaction to a pretty disappointing earnings report. Shares of target rising nearly 9 immediately after posting q2 results. The stock closing off those highs, but still up nearly 3 on the day. The move despite some big negatives in the numbers the company reporting its biggest revenue drop ...

There today. Thats the area that got the highest amount of snow. Parts of berks county also seen snow this morning. This is a live look from west reading. Shoveling process started earlier this morning in allentown. We saw people clearing their sidewalks and plow trucks out making sure those roads were safe for drivers. And snow is still falling at the jersey shore and in parts of delaware. Heres a live look right now at the baurd walk oardwalk in ocea. You can see it was snowing but the road wa...

Move welcome, everybody the major average is down right now. The dow falling for the first time in four sessions, wall street socalled fear index, otherwise known as the vix, at the highest level in two months. Apple with a major drag, with fears of plunging iphone x demand the cap has dropped 45 million in a week. The action is really in the bond bond market where yields are soaring. Michelle, welcome back thank you. Michelle carusocabrera. Bob pisani is on the floor of the new york stock excha...

Travis kalanick is out as investors try to move past scanda scandals jack ma on why globalization is good david will sit down with him Martha Stewart shares her take on the state of retail the media mogul is going to join us live. First up, Travis Kalanick is out as ceo of uber bill gurley this morning, big investor in uber said books will be written about kalanicks entrepreneurship and few have changed industries the way he has. Yeah. Adam lashinski wrote a fantastic book fortune writer that ca...

From South Carolinas primary d nevadas caucuses talking about the highs and lows in the race for the white house. Hello and good evening. Im jeff lennox. Robbin and im robbin simmons. 7 news at 11 starts now. Jeff tonight residents holding a rally for change after the little boy is killed while playing outside. Robbin and police hope a large cash reward will entice witnesses to come forward. The night teams Walter Morris beginning the team 7 coverage in northwest miamidade. Reporter Miamidade Po...

Tell us exactly what that is. Is this signaling trouble ahead, guy . Id like to welcome dan nathan to the desk, first time here. We needed to swap out nathan. Good to have you. Ill tell you whats signaling trouble. Yes, the dollar is absolutely confusing me a little bit. But whats signaling trouble to me is the strength in the gold market. The resiliency in the bond market. Were in an earnings recession, and revenue recession, absolutely if we look at the earnings. So to believe in the market he...

Adverse impact on the team at all. He has come back and apologized. Reporter culliver even said today he would welcome a gay teammate in the future. Thats not what i feel in my heart. And i treat everyone equal in any type of way. So not how i feel. Reporter in santa clara, anne makovec, cbs 5. It is called operation red zone. Its a massive crackdown on fake sports merchandise being sold here in the bay area. I. C. E. Agents intercepted 300,000 of counterfeit nfl merchandise. Tonight at 5 00, ho...

Sunnyvale. Among the first to arrive, a police officer. The Patrol Officer came to the door, went inside and pulled them out. Reporter a unit in the rear was burning, smoke detectors blaring as firefighters made their way in. They went into rescue mode. Werent able to get all the way inside the house. There was one person that was rescued out, a male occupant. And then as they knocked down the fire, they found a female resident in the back bedroom. Reporter investigators believe thats where the ...