Disastrous Health Care Law . And folks, how do you feel . Are you lucky today . Were just a few hours away from a massive megamillions drawing. Jackpot is closing in on 700 million bucks and the ticket buying frenzy has gone right to the wire. All those stories and much more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Were here live, 7 00 p. M. Eastern, 4 00 p. M. Pacific. Senate cleared a key hurdle in the budget vote today. That sets up final vote for tomorrow. Surprising number of republicans, 12, made this budget vote truly bipartisan. Cnbcs eamon javers joins us now from washington. All right, eamon, first up, were going to vote tomorrow. Do we know what time . Is that all locked in . Well, based on the way the clock is ticking, they have this procedural process, larry, where we expect that between 4 00 and 5 00 is the earliest they could start voting on this tomorrow. As you say, it was a surprising show
Also, toyota talking about under the hood, keeping its top spot in auto sales rankings so far this year topping rivals gm and volkswagen. Japanese car sales topping 7. 4 million vehicles. Thats up. 1 from a year ago. Strong sales in the u. S. Offset slowdowns in thailand and china. Joe, whats going on in washington . In washington this week the redskins are probably dealing with what was a disappointing because they were ahead. They were ahead by two touchdowns right at the beginning of the second half and things went south quickly. So you only saw five minutes of the jets game. No, i know what happened. Congratulations. Thank you. Im not looking for congratulations really. Its been a long time. People are talking about 25 years since the joe montana beat when the bengals got and i asked my kids to watch. They were watching when Carson Palmers knee got blown out on the first play. They were watching last year when houston killed this really they really looked good yesterday. Typical of
Might history be repeating itself . This as Democratic Leaders like nancy pelosi insist all is well. President obama himself about to rally his most ardent supporters and ask them to stand by the very troubled Health Care Law. And the dow crosses the 16,000 mark for the first time, but then retreats. And the debate continues over whether this rally is a bubble. Those stories and much more coming up on the kudlow report, beginning right now. Welcome to the kudlow report. Were live at p. M. On the east coast, 4 00 p. M. Pacific. Lets get right to the breaking news that president obama may be turning obama care back to the Insurance Companies. I think where it belongs. Cnbcs eamon javers joins us with the details. Good evening, eamon. Reporter good evening, larry. The white house was on the defensive again today, arguing with reporters over these predictions made by the white house that the website would be up and running by the end of this month, and dividing and conquering exactly how m
The same table in front of regulators. It may make it harder for the time Warner Comcast deal to go forward. It will be interesting to see if the comcast time warner deal does fall apart if the at t directv deal would go through. If theyre both announced in tandem, a lot of consolidation in that sector. The at t directv is a harder deal to go through. If you put it on the table with the comcast time warner deal, it makes the whole thing dicey for everybody, which is what i think theyre trying to do. New york state banking regulator is reportedly seeking hundreds of millions of dollars from Credit Suisse. The new York State Department of Financial Services made an opening bid of 1 billion but negotiations are expected to drive down the final penalty amount. The settlement with that agency would be in addition to the fine that Credit Suisse is discussing with the Justice Department. Of course the d. O. J. Seeking as much as 1. 6 billion from the bank. The journal calls this potentially e
Look at google. Look at that stock up another buck, almost two. Ten year gain up more than 1,000 . Near its all time highs today. Is this stock worth 1100 . Maybe even more, do i hear 1200 . A lot of big movers today. Sue will tell you about some of them at the new york stock exchange. I sure am, thank you. Lets get a check of the markets, first. The dow is down a little today, about 78 points on the trading session. The s p is flat, the nasdaq is up but the big picture doesnt really tell the story today. So we have several really big movers. Remember when we used to talk taser . All the time, practically . The stock is up big today on new orders. Riverbed technology also up big as Elliott Management offers to acquire that company. Soda stream got an upgrade. The stock is bubbling higher and sandisc is up. Plus, theres forest labs, which is buying apdales and micron and constellation are up on earnings. Sales of Mckesson Corporation up as well. Fleer announcing a new product for smartp