Exactly three hours ago the tech and ecommerce giant got hit with a new lawsuit from the federal trade commission and 17 state attorneys general. They are accusing amazon of using its market power to inflate prices, overcharge third theparty sellers and for using strong arm tack tactics to maintain its monopoly. The suit comes after a 4year probe into alleged monopolistic moves by amazon. So its actually affecting the Broader Market here. The stock is driving the nasdaq 100 lower. Right now we have got the nasdaq down about 209 points or 1. 5 . It is among the worst performers on the index. Siriusxm on semiconductor cin actioner cintas joining amazon on the biggest laggards list. The that major indices head for their fifth if fifth fifth down day over the last six. If you look at the dow, it is down 403 points, thats at the low concern below its 200day moving average. Microsoft, goldman sachs, caterpillar and United Health care account for onethird of the dows losses. Apple is in the w
Right now on early start, Kevin Mccarthys hail mary pass. And the speaker moved the ball forward just days before the u. S. Government is set to shutdown. Plus, pressure grows on the democratic u. S. Senator under indictment, accused of taking gold bars and many other expensive glittery things as bribes. And new this morning, the big breakthrough in hollywood, writers just reached a tentative deal with studios to end their strike. Good day to our viewers here in the United States and around the world. Im kasie hunt. Its monday, september 25th, shortly after 5 00 a. M. Here in washington, where a government shutdown, just five days away, its 2 00 a. M. Out west, where republican candidates are already starting to camp out ahead of wednesdays president ial debate at the reagan president ial library. And President Biden and former President Trump both preparing to head to detroit, where workers are on strike against the big three automakers. And we havent even gotten to the senator who wa
Today on inside politics, defiant, bob menendez seeks to beat a federal indictment. On the clock, congress is shrinking a sixday window to stop a shut down. And guess what, donald trump just made the house speakers job a whole lot harder. Plus a picket line gamble, joe biden hopes to edge the gap between automakers say they can afford. Im manu raju for dana bash, lets go ahead to inside politics. Up first, Bob Menendezs big fight and one he vows to win. Minutes ago the new jersey democrat responded directly to a federal indictment. The allegations leveled against me are just that. Allegations. When all of the facts are presented, not only will i be exonerated, but i still will be the new jersey senior senator. Now, menendez took the microphone and National Attention to flatly deny he did anything wrong. And all of the ways he has stood up to egypt over decades of service and make what sounded like a case for reelection. Well start in new jersey with cnns Kara Scannell in the room. Kara
New documentary, food, inc. 2. Thank you. Thank you. Ou. Thank you. Coming up, less than 24 hours until opening arguments in the first ever criminal trial of former president of the United States. Ive assembled lawyers to tell us what we can expect and how it will collide with the campaign trail. The Supreme Court is hearing oral arguments in Donald Trumps claim of absolute immunity. It is a case that could make his legal troubles disappear. And breakthrough winfall, the United Auto Workers union as the tennessee Volkswagen Plant becomes the first auto factory to vote to unionize in the south, since the 1940s. We will talk about how the uaw broke through in a region where the Antiunion Sentiment has dominated for decades and what it means for this critical moment in the Labor Movement of america. Another hour of velshi begins now. Now. Now. Good morning, its sunday, april 21st. Opening statements will not begin in a formal. The republican partys presumptive nominee will be back in a ma
Hello and a very warm welcome to our viewers joining us in the United States and all around the world. Im bianca nobilo. Welcome back. Thank you so much. Diving back in. Yes, i think i still have nag jen bubbles in my brain. Im max foster in london, joining you live here on cnn newsroom. Its reached a tentative agreement with major film and Television Studios following days of marathon negotiating sessions. Wga but out a statement calling the deal exceptional and saying basically there was something for everyone in the build. The clock is ticking as the government deadline looms. We dont have a shutdown if we dont getthy economic process handled in this country. As long as theyre the majority in the house of representatives, all of us are being held hostage, as well as the american people. A new era for kansas city, the taylor swift was spotted at the chiefs tame. For weeks the superstar has been the rumor involving the tight end travis kelce. Live from london, this is cnn newsroom wit