Walmart is in a slump. It reported a drop in Second Quarter profits and missed wall street earnings estimates and said growth for the full year wont be as strong as thought. On the bright side, more shoppers are shopping at walmart here in the u. S. And spending slightly more but costs are rising faster. Today, investors sent shares of the dow component down to a 52week low thinking walmart, the worst performer on the Dow Jones Industrial average for the day. Courtney reagan has more on the company that many consider to be a barometer of the consumer economy. Reporter while walmarts u. S. Comparable sales improved for the fourth straight quarter and sales traffic increased, it wasnt enough to keep the retailer from significantly lowering its full year earnings guidance. There are headwinds that cut into the quarter, many of which walmart expects to continue, including increased employee hours at now higher wages, lower reimbursements from prescription drugs. Walmart explains that shrin
Center, where he escaped quote being grabbed at the waist in an apparent attempted sexual seattl assault. This young boys life has been forever and permanently changed because of this event. He can never get back his innocence. So you cant put a price tag on that. Reporter we knocked on his door but are not showing you percy outlands photo. As the Police Special victims unit doesnt want to compromise this investigation if they find more victims. The boys and girls club has removed outland from his position and told us quote, we would never hire or retain an employee, particularly one that works directly with children, who we believe to be in any way a threat to the health or safety of our kids. There was apparent smoking of marijuana and alcohol drinking during the trip back from the Kimmel Center and the fact he actually offered him a smoke of the marijuana. I feel like he was taken advantage of from someone that we both trusted. Reporter now, the boys and girls Clubs Organization doe
Slightly the nikkei up by 0. 2 . Shanghai composite under pressure as was the hang seng, down by a third of a percent the hang seng down by a third of a percent, shanghai composite down by a half percent in europe, in early trading, mostly green arrows. The dax is up by almost 1 the cac in france up by a half percent. If you check out crude oil prices, yesterday up 1 to 49. 16. This morning wti back down to 48. 99. Lets get an update on Hurricane Irma heres what we know. The most powerful atlantic hurricane on record ham agriculture string of northeastern caribbean islands with winds up to 180 Miles Per Hour its a category 5 storm. Its killed at least eight people and millions are without power. On the island of barbuda, 90 of the buildings have reportedly been destroyed for the latest lets get to nbc meteorologist kale dionne. Its an active time in the Atlantic Basin we have three hurricanes irma, jose and katia thats the First Time Since 2010 the main topic is irma as it marches clos
4mile visibility, at 7 miles at Philadelphia International airport. Keeping an eye on. That will seeing some of the rain down to our south, starting to sneak into lancaster county, we will keep an eye on. That will reason we told to you have the rain gear. This is whats left of irma. You can still see sort of the shadows of the circulation what used to be powerful hurricane at one time, still with us. 69 degrees in philadelphia right now. Very humid out there. Sunrise time 6 41. Checking couple of other temperatures, 68 allentown, down in dover, as we move to the north, pottstown, at 66, up in hazleton, 63 degrees, and in ocean sit, new jersey, were starting offer the day with 70 degrees. So, as you plan out the day, it will be foggy, muggy, throughout the rest of the morning, a lot of cloud cover, very little sunshine, 80 degrees, will be our High Temperature, just plan on chance of shower on and off throughout the day. Just going to be one of those days, bob kelly. Bad hair day we ca
South to work your way in toward downtown. Working on the schuylkill expressway, live look here, east and westbound, down to one lane, pretty much from conshohocken, gladwynn, all the way in toward belmont avenue. Theyre also working here along i59, bucks county between the yardley interchange, and route one, again, the cones are down, not a lot of volume at this hour, but just watch it, because the con g struck sean guys out there moving the equipment around. On the new jersey turnpike, accident, coming southbound, at exit 8a jamesburg, little tap on the northbound side, call it the old gaper delay. Morning marlton, live look along route 30 south of route 73, and both the market frankford and the broad street subway using shuttle buses until 5 00. Thomas, karen, back to you. Bob, thank you. 4 01, talking about two storms this morning, Tropical Storm jose, but first, lets talk about Hurricane Maria. Taking aim at puerto rico this morning as monsterous category five. And jose obviously