Detailed text transcripts for TV channel - CNN - 20180119:09:59:00
Years helped by strong earnings. ibm sales grew thanks to the cloud business. it was just a slim margin of 1%. ibm shares fell 4% after hours. american express with the first loss in 25 years. why? the new tax code. it faces a one-time charge for taxes on overseas cash. companies used to avoid taxes on the foreign profits. the new law eliminated that. most of corporate america will be hit with a tax bill or bring that money home. it will more than make up for it under the lower tax rate. have you heard of the tide pod challenge? it is a bizarre and dangerous social media trend where people e...