Evasion. Big numbers and equally big questions. Critics say the recordbreaking da vinci is too good to be true. Yvonne just when we thought we got over this big hurdle on tax reform in the house, clouds looming in the Trump Administration when it comes to russia. A wall street journal report just breaking special counsel Robert Muellers team last month had issued a subpoena to president Trumps Campaign requesting some of these russia related documents. We are seeing some moves in the market on the news. Betty we are. The subpoena did not compel any officials to testify before a grand jury, but it caught the campaign by surprise, and also noted that bob muellers team is expected to interview current and former white house officials, including the Communications Director hope hicks. There is certainly more to come in this story. Some of the away bullish headlines from the u. S. About tax reform. In the meantime, lets get more on that with first word news with courtney collins. Reporter t
Blockchain is shaking things up at oldschool giants. Inis now creating new life the stalwarts like ibm and oracle. Betty david, bitcoin was up, apple down, right . You saw some of that in asia yesterday, the apple suppliers getting hit on speculation about the numbers coming in far short of forecasts, in fact to 10 million shorter than what some analysts had predicted. I want to pull up a chart that you are familiar with. This is a 254. It shows you the Revenue Breakdown 8254. It shows you the Revenue Breakdown by segment and shows you how important the iphone revenue is to apple, but that decline we have seen a bit worrisome. This replenishment cycle really going to turn out to be the way apple believes it will be with the iphone x come or is 1000 the breaking point . David that is a lot of money for a handset. Betty yeah. David you look at these numbers and forecasts, you mentioned 10 million short. Coming out, may be shipping 35 million handsets in the First Quarter, still a big num
Investors closely watching the d. C. Tea leaves for signs of a shutdown. Apple does appear to be poised to repatriate billions in overseas cash and flepledges to create 20,000 over the next five years and over a new campus. Morgan stanley beats the Investment Bank reporting growth across the board first up stocks are coming off best day since november. The dow closing above 26 k for first time the s p and nasdaq seeing fresh record closes. The tech sector led the way posting its best oneday performance. Got to go back to october, jim, for tech having a better day than wednesday. There were two tech rallies yesterday. There was one stimulated by asnl its a european company, they make gigantic, the size of city buses, capital equipment, machinery and they say listen, the demand for semiconductors is off the chart. That then triggered a big rally in the Texas Instruments of the world. Micron and the second rally was kind of confused it started with apple saying these things but apple had
Russian government. After the meeting did you take any further steps to prevent Trump Campaign official, visors from any further contact with the russians. You allege there were further contacts later. I dont believe i had any knowledge of contacts later and i was not in contacts with mr. Papadopoulos. I stand by this testimony at the intelligence committee. I never met with or had any conversation with any russians or foreign officials. Kennedy jim jordan used his prosecutorial skills to dig into the a. G. s russian timidity. Doesnt that warrant naming a Second Special counsel as 20 members of this committee wrote you 3 1 2 months ago asking you to do . Mr. Comey is in longer the director of the fbi. We have an excellent man of ability in chris wray and he will do taken outstanding job. Hes not here today. I would say looks like is not enough basis to appoint a special counsel. Kennedy sessions gets poor marks for his views on marijuana. In states where they have medical marijuana, th
Russian government. After the meeting did you take any further steps to prevent Trump Campaign official, visors from any further contact with the russians. You allege there were further contacts later. I dont believe i had any knowledge of contacts later and i was not in contacts with mr. Papadopoulos. I stand by this testimony at the intelligence committee. I never met with or had any conversation with any russians or foreign officials. Kennedy jim jordan used his prosecutorial skills to dig into the a. G. s russian timidity. Doesnt that warrant naming a Second Special counsel as 20 members of this committee wrote you 3 1 2 months ago asking you to do . Mr. Comey is in longer the director of the fbi. We have an excellent man of ability in chris wray and he will do taken outstanding job. Hes not here today. I would say looks like is not enough basis to appoint a special counsel. Kennedy sessions gets poor marks for his views on marijuana. In states where they have medical marijuana, th