It could cripple the worlds second largest economy. That and more tonight on nightly Business Report for tuesday, august 20th. Good evening everyone. The big buzz on wall street today, the strength of the american consumer. Four retailers came out with earnings and the results are mixed raising questions about how comfortable consumers are about spending and how that could impact the u. S. Economy. First up, home depot. Sales soared 11 helped by the turn around in housing. Sales are so good they uplifted the sales and earning look for the rest of the year. Barnes noble doubled, hurt by a 20 drop in sales by the nook e reader. J. C. Penney lasts tripled and sales dropped 11 as it tries to recover from Sales Strategies of the past. The Biggest Surprise is from best buy, earnings up a stunning 22 times from a year ago. It looks like the Electronics Giant once left for dead enga neared a turn around that could be the envy of the sector. Courtney regan has more on the comeback. Reporter thi
Running. And Risky Business unregulated banking is a 6 trillion dollar industry in china. It could cripple the worlds second largest economy. That and more tonight on nightly Business Report for tuesday, august 20th. Good evening everyone. The big buzz on wall street today, the strength of the american consumer. Four retailers came out with earnings and the results are mixed raising questions about how comfortable consumers are about spending and how that could impact the u. S. Economy. First up, home depot. Sales soared 11 helped by the turn around in housing. Sales are so good they uplifted the sales and earning look for the rest of the year. Barnes noble doubled, hurt by a 20 drop in sales by the nook e reader. J. C. Penney lasts tripled and sales dropped 11 as it tries to recover from Sales Strategies of the past. The Biggest Surprise is from best buy, earnings up a stunning 22 times from a year ago. It looks like the Electronics Giant once left for dead enga neared a turn around t
Speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 3, 2013, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip each, to five minutes but in no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from oregon, mr. Lumenauer, for five minutes. Mr. Blumenauer thank you, mr. Speaker. Five years ago if someone asked what a bow tiewearing progressive democrat from oregon and my colleague, ted poe, a cowboy bootwearing conservative republican from texas could agree on, you would have said, not much. Today we are partners in an issue, however, that makes sense regardless of your politics. Ensuring sustainable equitable access of clean water for nearly 800 million wom
Reaction from capitol hill. Joining us first is representative mac thornberry, a republican of texas, member to have Intelligence Committee and in the last Congress Task force chair on cybersecurity for the spook beer. Mr. Thornberry, when you look at the president s executive order, whats your initial reaction . Guest that its okay. There are some things that clearly need to be done with an executive order, but some things can only be done with legislation. So part of my reaction is i wish the president had put as much effort into getting some legislation passed and then come out with the executive order rather than the other way around, because i guess one of my fears is its going to take it could potentially take some momentum out of the effort to get legislation passed. Host now, how similar is the president s executive order to the Task Force Recommendations that you made last congress . Guest some things in the executive order are exactly as we recommended that the administration
It was classic trump airing of the grievances. And hes up tweeting an hour ago. Welcome to early start. It is 3 00 a. M. In the east and mid night in phoenix. Trump does a 180 in his speech defending his response to the violence in charlottesville. He spent 15 minutes recounting his words with a glaring omission. He initially blamed the clashes on many sides and no mention of the fine people who marched with torches on friday night in charlottesville. Heres what i said on saturday. Were closely following the terrible events unfolding in charlottesville, virginia. This is me speaking. We condemn in the strongest possible terms this egregious display of hatred bigotry and violence. We condemn in the strongest possible terms this egregious display of hatred, bigotry and violence on many sides. On many sides. Its been going on for a long time in our country. That is just one moment in a speech that has some including the former director of national intelligence, a man who spent his entire