From todays apple event we start with a major selloff in the financials the biggest driver in the market with the xlf falling more than 1. 3 citi dropping 7 today under pressure that regulators could crack down on the banks Risk Management systems the stock is now down more than 12 in the past two sessions guy . Dan nathan has been talking about this for a while one of the things weve said is todays banks are much different than ten years ago theyve become utilities you have to look at them differently and you have to factor in valuations much differently. Ill say this quickly about citi right now at 45 the stock is now trading 63 of tangible book, assuming that tangible book is accurate thats levels we last saw probably in the financial crisis these are trough valuations in terms of the price of tangible book i think Warren Buffett told you everything you need to know about us banks hes obviously paring down exposures in banks i think that tells you a lot as well in terms of citi, its
Killer, a fox business exclusive, this is really interesting, with the ceo behind the Public Company that owns the rooms where its all happening for these vaccines. A vaccine not coming soon enough for new york city. Times square still without its throngs of summertime tourists. In doughnut world, you go big or you go home. The ceo of krispy kreme takes us behind the scenes of his flagship store. The s p getting an alltime high. It just needs any gain whatsoever. We are just at the flat line at the moment. The dow up 47, looks to snap a twoday losing streak. Plus could housing be too hot to handle without more stimulus . Apple now truly in a club by itself. Less than an hour to the closing bell, lets start the claman countdown. Liz breaking news. Microsoft not oracle is and will be the company to buy tiktoks u. S. Assets and a binding deal will be signed by the september 15th deadline imposed by President Trump. In a fox business exclusive, sources close to negotiators at bytedance, th
Plant in india kills at least 11 and reports people struggling to breathe, collapsing industry. We wilill take a virtual tour of berl 75 years o on from the defeat of nazi germany and the Second World War. I am brent goff. Welcome. We begin tonight in france where for nearly two months, people have endured one of europes toughest lockdowns. That will change next week. The number of coronavirus cases are falling and some businesses will be able to restart. Some oppose using any restrictions. Hundreds of mayors delay the opening of schools. As in other countries, the french authorities are under pressure to get the economy moving again. Without setting off a new wave of infections. Mary anne in a mask. France lockdown is strict, more strict than most. The government has given a plan for the gradual lifting of quarantine measures. Businesses are set to reopen on monday. 42 of french employees are on reduced hours or have not worked at all since the 17th of march. Schools are to open gradu
Tonighting we have m. J. Hegar with her book, shoot like a girl that details her time in afghanistan [cheers and applause] and her fight to eliminate the militarys Ground Combat exclusion policy which kept female Armed Service members from officially serving in combat roles. Shelys in austin with her lives in austin with her family and gives back to herral that matter by mentoring cadets. She continues to speak about her fight for increased military effectively through equality. We are so pleased to have her tonight, so without further ado, m. J. Hegar. [cheers and applause] thank you so much. And thank you to book people. You guys have been so wonderful and warm. I keep telling everybody, wherever you bought your book, return it and buy it from book people. Thank you all so much to. Be i am so nervous right now because im speaking to a wunsch of people who bunch of people who i know and love and respect, many of whom who are toastmasters. So i would ask you to not evaluate this speech
For thanksgiving. And black friday comes early. As in right now. Were going to tell you which stores are starting their sales today. And good thursday morning im laura moody. Im russell rhodes. Outside with dave. Its so nice. So nice outside right now. Yes. Anything you want to do outdoors today. Its great. Its dropping. We need rain but thats not going to happen. Lets just enjoy sunshine were lucky were not like tennessee and other georgia and all of those other places. Drier and dr southeast has quiet 59 in crystal river. 62 in brooksville. 66 in tampa and 68 degrees in sarasota. It will be a nice mild day. Were not surprise me in the least bit to get back up close to 80 degrees this afternoon. But, cooler air by sunday, yanukovych. We will discuss that in a few minutes. All right cant wait action dave thank you. 9 0 one biggest concern on delay on westbound busch boulevard following it. This is earlier screen shot when skyfox was overhead. As you can see garbage truck on fire. Fire