I want to do what is right. Emily also announcing today former hewlettpackard ceo Carly Fiorina, who confirmed her plans on Good Morning America this morning. Ms. Fiorina i think i am the best person for the job to understand how the world works and our government has become a giant, bloated, corrupted urography. Emily but check this out. Somebody other than Carly Fiorina posted 30,000 sad faces, one for every person she laid off as ceo of hp. The pimco total return fund, falling behind the Vanguard Total Index Fund after two years of client withdrawals. Meantime, it is the beginning of the end for the bull market, an Investment Group predicting stocks and bonds will soon run out of steam. A phase that a monetary policies, and they say creditbased oxygen is running out. Google is buying as software startup. Terms of the deal were not disclosed. It will help users organize items by understanding scheduling and habits, and it could be used to improve the google gmail, calendar, and other
Tornadoes and flash flooding. Before that lets take a look at the market. The u. S. Equity futures shaping up to a positive day with the bulls if they stay for the early trends. S p fauutures up by 3. 5 and nasdaq up by 14. Lets tell you the big stories were watching this morning. The april employment report due at 8 30 eastern time. Forecasters say the economy added 228,000 jobs last month. The Unemployment Rate is seen declining to 5. 4 to a near 7 year low but of course there are lots of varying views on what this could all mean including some much higher estimates and also much much lower estimates. Also Billionaire Oil man boone boonepickens say oil will hit 75 by end of year. He notes Oil Inventories peaked. And the New York Times reporting that Taxi Service Uber submitted a 3 millioned by for nokias map business. Its a competitor to google maps. Theyre teaming up on an offer for that service as well. Google bought waves too. Ways still has its own app. They have their own app. T
Get out of this once hot group or a buying opportunity . We ask it every time it sells off. Panera bread getting rid of more than 150 artificial ingredients in its food. Will this move force the company to raise prices . Ceo and cofounder ron shaich joins us in a first on cnbc interview. Lets take a look at the Market Action right now. Red arrows across the screen. S p down more than 1 . The dow down more than 150 points. The nasdaq down 1. 5 . Clearly stocks have broken the twoday winning streak. I want to take you to a live shot of post six on the floor of the New York Stock Exchange. Theres can kenny polcari. You have a sizable crowd developing there. Thats where salesforce trades. There was a rumor in the market for the last week or so. People speculated on names like microsoft, oracle and ibm. Jim cramer said at the time this was all going down its got to be microsoft, its got to be microsoft. If it was oracle it wouldnt be a good fit. Culturally there was a difference between tho
Erupted in San Franciscos Mission district. Ryan, you just spoke with relatives of the victims . Reporter yeah. Thats right. In the last hour, we talked to a cousin, now Family Friends and names identify the father in this fire as mohammed saibe [ phonetic ]. This is the victims cousin. They are okay. They suffered smoke inhalation. Im shocked. Im glad they are okay at the hospital. We are gonna go visit them now. Reporter so the cousin and neighbors say that the mans family lives up on the second floor and then below, thats where mohammed manages a liquor store here at the corner of 24th and treat. Now all five are at the hospital. The father and two children have the most serious injuries. We had five challenging rescues, a mother, father and three children. Reporter some firefighters fought the flames while others searched the building for more victims. There was people, you know, screaming yelling and emotional scene. So yeah they are in the dark heavy smoke conditions, active flam
Traffic. Good morning guys. Reporter we have a batch of showers creeping up the coast from the south that will push in parts of the region later this morning and more showers out to the west that will pop in this afternoon. Clouds and sun occasionally. We have a couple of issues for the morning commute. Lots of area of fog not necessarily widespread, but were looking for the potential of low clouds and patchy fog. Be careful of that. Scattered showers cant be ruled out in the morning commute. Temperatures not as cold as the last couple of mornings. 42 in philadelphia. 36 in allentown. 39 in wilmington. 46 in millville. All these numbers above freezing, so we dont have to worry about ice on the ground. 42 currently and still there at 8 00 a. M. Noon, 54. P. M. , 68 degrees, i expect a high close to 70. That will be late in the afternoon around 4 00. Might be a rumble of thunder around during the day too the big story is going to be how mild its going to be. It is march and the cooler ai