Auto maker by globalizing models, cutting costs, boosting technology. It is unclear if he will play some role in the self driving car program. Yahoo will return cash to shareholders when it sells stake in alibaba. They will use at least half of any proceeds from the sale to fund the project. Yahoo reported Quarterly Earnings showing the Company Still struggling to deliver growth while contending with popular rivals. They will sell 148 million shares down from the originally planned 208 million. Now to the lead story of the day, apple and ibm burying their past rivalry. They will develop apps for the apple iphone and ipad tailored to work with ibm Data Analytics and cloud services. Ibm will sell apple products directly to business clients and apple in turn offers apps support. This will help them expand into the enterprise market. Helping them stay relevant in an increasingly mobile environment. Im a to bring in bloomberg west editoratlarge cory johnson and Senior Analyst from jmp secur
Report on puerto ricos debt troubles. Profit misshas gms and challenges facing the new ceo. Lets begin with peter cook in the latest setback for Immigration Reform. House speaker jon weiner delivered the news, putting another nail in the coffin of Immigration Reform. He said distrust among his members over the president s willingness to enforce the nations immigration laws is making it difficult for him to move forward on an overhaul. He did not say it was dead entirely, but he made it clear it is on hold for now. The need made it clear for congress and administration to Work Together on the issue of Immigration Reform. It needs to get done. I will talk to my members on how to move forward, but the president will have to do his part as well. Similaromments follow negative statements from Senate Minority leader Mitch Mcconnell earlier in the week, who called the differences irresolvable. John boehnery is under pressure from fellow republicans. The white house had a response, urging the
Microsoft. The company is in talks of buying the maker of the raft. Ive videogame minec my kids love it. President obama is set to set out his strategy to attack islamic militants in an address this evening. Kerry went toohn iraq in an unannounced visit. Nearly two thirds of americans think it is in the nations interest to confront Islamic State. I want to bring in White House Correspondent phil mattingly. Speech comes one year to the date at the president gave a primetime address on possible airstrikes in syria and he failed in that effort. So, what is different this time around it is a total around . It is a total aboutface. Will of the the United States citizens to have a more active engagement from the u. S. Is up nine point. What we have seen since june with the Islamic State advances in iraq, with the murder of the u. S. Journalist has galvanized support. What you will hear from the president is to lay out how they will address that, and you need to keep a close eye on what membe
Committee. The former auto executive engineered a turnaround at the auto maker by globalizing models, cutting costs, boosting technology. It is unclear if he will play drivinge in the self car program. Yahoo will return cash to shareholders when it sells stake in alibaba. They will use at least half of any proceeds from the sale to fund the project. Yahoo reported Quarterly Earnings showing the Company Still struggling to deliver growth while contending with properly or popular rivals. They will sell 148 million shares down from the originally planned 208 million. Now to the lead story of the day, apple and ibm burying their past rivalry. They will develop apps for the apple iphone and ipad tailored to work with ibm Data Analytics and cloud services. Ibm will sell apple products directly to business clients and apple in turn offers apps support. This will help them expand into the enterprise of market enterprise market. Anping them stay relevant in increasingly mobile environment. Im a
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