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John s. Mccain iii good morning. The Senate Armed Services Committee Held a confirmation hearing for several Defense Department nominees. Among them was mark espers to be the next Army Secretary. Other nominees included the defense undersecretary for intelligence and for personnel and readiness and the assistant defense secretary who advises on weapons of mass destruction to i would like to say that ive been pleased with the reaction of the secretary of defense and the administration being cooperative and responding to our questions and to our ability to carry out our responsibilities on the D...

Sara eisen, jon fortt at microsofts edu event in midtown, manhattan. First up this morning, apple is going to have earnings after the close tonight. Stock hits another record high, its cash hoard could swell to a quarter of a trillion dollars. Josh lipton joins us from apple hq in cupertino with all the details. Hey, josh. Well, carl, apple stock surged more than 60 from its low last may. So can tim cook keep those bulls in charge . After the close today, the street expects apple to report eps of 2. 02 on revenue of nearly 53 billion. They are expected to ship 52 million iphones in the quarter...

In its life as a Public Company at least and the biggest u. S. Grocer m a deal ever. And for the purposes of our hour, which normally focus on tech, a nice intersection between an old, Old School Business and a new one. Its amazing. Just from a headline perspective and news that affects people, i cant remember a deal this big i mean, maybe aoltime warner, but you cant eat time warner. Its really a way of bringing things together unlike so many people who are this deal is amazing, i see a number of challenges, potential problems with this deal not necessarily getting consummated, but actually m...

And welcome to power lunch. Im melissa lee. Nasdaq barely holding on up about 2 wi8 points joining the dow and s p 500 which are negative etf that tracks, hitting yet another intraday alltime high and ivb is rally within health care it is on pace for best week of the year esperion, novocure, biggest leaders right now. Thank you we will find out right now which car company has the highest quality of anybody fi phil la boes with that news. Phil the latest survey on initial auto quality, surveying about 80,000 new vehicle buyers. This is what they found. Good news, reliability, quality, people su...

Concerns about potential Government Shutdown. Europe is green. Got a spike in shortterm rate which is were watching as well. The road map begins with president and the administration generating some more uncertainty. Well take a look at tim pact on the market ahead of major global bankers. Big game retailers on the move after earnings well look at whats hot today and amazon clearing two major hurdles. What it means for the industry in the past hour the president tweeted i requested that mitch m. And paul r. Tie the debt ceiling legislation into the va bill that just passed for easy approval th...