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Changing of the guard at General Electric. Chief executive jeff imelt will end his tenure this summer after nearly 17 years. There is a shift in the companys focus but was under pressure to increase the price of the stock which is widely owned by longtime investors and mutual funds. Taking over the top job is John Flannery who heads up ges health care division. Investors like the news sending shares up 3. 5 . Morgan brennan has more on the future of ge, a company that was an original member of the dow the change at the top of General Electric comes after 16 years. Over that time, there have be...

One of islams most important sites blown away in a matter of seconds. Supposedly by Islamic State. It is if at first you do not succeed, try again. U. S. Senators debate a new form of health care presented by republican to repeal and replace obamacare. And what investors on wall street make of it all. Good to have you with us. It is not often that we can report on an upbeat meeting of European Union leaders but that is exactly what happened tonight in brussels. This is the first summit since brexit talks began earlier this week. The british Prime Minister just announcing citizens from the eu w...

One of islams most important sites blown away in a matter of seconds. Supposedly by Islamic State. It is if at first you do not succeed, try again. U. S. Senators debate a new form of health care presented by republican to repeal and replace obamacare. And what investors on wall street make of it all. Good to have you with us. It is not often that we can report on an upbeat meeting of European Union leaders but that is exactly what happened tonight in brussels. This is the first summit since brexit talks began earlier this week. The british Prime Minister just announcing citizens from the eu w...

Are among the Companies Reporting results before the opening bell today. After the close, well be hearing from ebay, facebook, and qualcomm. Take a look at the futures. After a strong day yesterday with the dow up 282 points, you can see theres some giveback today. Dow futures down by about 76 points. The nasdaq down by 35. Oil prices are coming under some pressure too. A lot of people are going to be paying attention to apple this morning. Earnings coming in at 3. 28 a share. That was 5 cents ahead of estimates. Thats sort of the good news. The bad news, revenue came in at 79. 9 billion. Appl...

Warning emerging markets need to prepare for capital flight if investors are surprised by the timing or pace of changes. Even if this process is wellmanaged, the likely volatility could give rise to potential stability risk. And echoing her warning, a Hedge Fund Billionaire says the Federal Reserve could calluse a 1937 style shock and slide. Hes steering clear of big bets on the Financial Markets because they could be unseen consequence of changes to the fed policy. The new manager of the funds at pimco seeing a bigger return than his boss. Right to the breaking news desk where scarlet fu is l...