Or certainly at the white house for us today. Outside im told, forgive me. Eamon, what are you expectations today . That the president is going to talk about an infrastructure proposal here, a piece of a larger agenda theyre going to roll out later in the year. Were talking to white house officials before this event as we wait for the president to come in and were seeing theyre going to break this out as a separate piece. The air Traffic Control privatization piece then later, theyre going to introduce a broad Infrastructure Program and they expect this will be a only piece of the agenda that will be broken out and go a separate track. The rest of it, theyre optimistic they can have done by the enof the year. There is the president of the United States at the microphone right now. Thank you very much. Thank you, mike. I really appreciate everything and i appreciate your being here. But i up want to thank secretary chow leader kevin mccarthy, thank you, kefren. Chairman bill shumooser a
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 making it work. The logistics operation that you need to run a whole foods is way different from one that you need to distribute using ecommerce if i want cheerios and gatorade, whole foods doesnt sell that so how do you blend the whole foods operation for say produce with the stuff that most people eat yeah, i mean, how do you do all that and be successful while still running whole foods in a way
That is surging thanks to all things robotic power lunch starts right now welcome to power lunch. You can see stocks are higher right now. The dow is trying to avoid its third loss in four sessions. The s p 500 will be up for a third time if it can finish the green. Right now, its higher by five points not just best buy thats taking a beating, other retail names also getting hit dicks sporting goods, kohls, nordstrom, all off between 3 and 6 heres what else is happening at this hour tesla firing back at reports that sales in hong kong came to a halt this after a tax break for electric cars was slashed. Tesla says its business does not rely on Government Policies and the Hong Kong Government will continue to be strong. But for all you traditional car drivers, the average gallon of gas down to 2. 31. All you people in South Carolina can smile. You had the lowest average cost in america at 1. 93. More people are hitting the skies, as well Southwest Airlines says passenger traffic grows mo
Amazon prime day a look at the Ripple Effect amazon is having on consumer goods companies. By the way, the shares of the company slightly lower in the session, and battle of the home echo wars. Goggle and amazon are slashing prices on their devices. 50 or more in some cases. And its its the final countdown. Were gearing up for big reveal of americas top state for business we are anxiously awaiting the result, and we will bring it to you later on closing bell. You probably saw scott cohn reveal that georgia was number two a little while ago reporter but we knew he wasnt in georgia. We knew he wasnt in georgia. We just dont know where he is right now, but well find out here on closing bell today lets begin on capitol hill where our ylan mui has the hills reaction to the emails released by donald jr. In relation to a meeting with a russian lawyer who claimed to have damaging evidence against democratic president ial candidate Hillary Clinton. Reporter Senate Majority leader Mitch Mcconnel
Cash flow turns positive in the industry segment is that enough there were notes about you are the bynes. I dont understand what happened maybe John Flannery can understand whats going on thats an issue. Things are trending to a 1. 70 so much for the 1. 80 and one time two bucks is it disappointing . I think there are people that felt that he would go out on a high what he did was he went out as the business is and theres no shenanigans, theres nothing just a very honest look at a group of companies, health care but natural oil and gas, not great and terrible so air space, when you line it up against honeywell another 3 organic growth fabulous and you are what your record says you are. Flannery starts august 1st. They do back the prior guide of 160. Its just that 160 is now i was hoping they would trend toward the higher. 2. 19 is not happening . I dont think my view would be they have to take that off the table but it was never really on the table. It was wishful and i did not think w