global markets and u.s. futures are higher. wall street closed slightly lower yesterday, the market weighed down by bank and energy stocks. energy prices fell as oil prices dropped 2.7%. still all three indices finished the month with gains. for the record the nasdaq up 2.5%, its seventh month in a row of gains. president trump wants the auto industry to create jobs but general motors is laying off factory workers. the cut could affect as many as 300 employees at a plant in michigan. gm has eliminated about 5,000 manufacturing jobs since november. car sales are slowing after seven years of brisk increases. automakers are trimming production to save money. epipen maker mylan may have overcharged the u.s. more than $1 billion according to the department of health and human services. this amount is an update to an earlier settlement. mylan accused of overcharging medicaid by improperly classifying epipens. the drugmaker became the face of corporate greed last summer. remember this? se
major blackberry service outage. we re finding out more about what went wrong. good morning to you. it is thursday, october 13th. this is your am wake-up call. the treasury department has slapped new sanctions against iran s force. the government describes a money trail starting within that iranian organization. but former homeland security secretary tom ridge says think bigger. it s a monstrous ly buffet. they are working unilaterally independent of the ayatollah himself. clearly that, is a force under the control of the hierarchy of the mullahs within iran. so i just can t imagine that anybody s been authorized to operate independently of that leadership. senator joe leberman tells cnn a military response should be considering saying this behavior by iran cannot go unresponded to. the president as kmapder in chief, our allies and the you saudis including the target here have a lot of options that are both owe ververt and covert. in my opinion, there has to be a respon