The stage at the deal book conference lets listen in sfl back to our stage youve been with us before we thank you now. I have. One of the reason we wanted to see you was because we are right in the midst of the streaming wars. We are. Which have just begun with apple plus last week and with disney plus coming next week and i want to use this opportunity for you to help us understand how youre looking at all of these different components parts and whats about to happen to our media ecosystem. Here is where i want to start the conversation. Okay. I know you have historically said you dont have think you have any competition or if you do it is with sleep. Do you remember that line . A great line only got a couple of laughs here but you got more laughs before. When i do it its better. Thank you and so my question is now that you see whats happening in this ecosystem, an ecosystem which you effectively created or at least inspired what you think is going to happen. Look at hbo max, disney p
aide move boxes of documents at trump s request this happened for the fbi search, he the t is hot, i want to focus on january 6th. something that became abundantly clear during the committees file a public hearing is that the la-z-boy was to capital get sacked on tv, probably in an actual la-z-boy, he completely advocated his duties as president. listen, we saw we had a commander-in-chief and that. they heard a name was nancy pelosi. i have something to say, mister secretary i am going to call the mayor of washington d.c. right now and see what other departments have said. and also, that we can deliver the good news that you are now going to, instead of blocking the national guard it is still not safe enough for us to go back and they are still trying to penetrate the building. it is not a safe thing because we are trying to figure out how we can get this job done. i worry about you being at the capitol. i am not capital building, i am literally standing in the capitol
But they are saying there is a long list of violations. Including violating a protection order. The white van refused to pull over and he stuck close to what his department called moderate speeds and there in philadelphia the city assisted in providing a helicopter that spotlighted the chase in areas near old city, at one point two Police Officers were struck by the fleeing van that then returned to new jersey. At the depford mall, they shadowed that van, philadelphia units joined in using a rolling road block that slowed and forced the van off the exit. Finally in a lightly traveled stretch of pavement, a Pennsylvania State trooper was authorized to use a pit maneuver where the front of a police car is used to it allows the fleeing vehicle to rotate and eventually stall. And when it does that you can apprehend the driver and last night as everybody saw last night on tv it was done successful. Arrested was Robert Ritter of blackwood with an extensive violence history and two arrest war
This hour. Microsoft rolling out 3d capabilities in the latest windows update. Home sales unexpectedly climbing in september, up 3. 1 . Stocks roll off their session lows at this hour, the dow was down triple digits at the open. Nasdaq still in the red, the other two averages have gone green. Melissa . Thanks, michelle. Welcome, im melissa lee. Power lunch coming to you coast to coast today. Brian sullivan is live for us in sunny san diego. Whats on tap . Thank you very much. We got a big two hours for you from one of the biggest investment conferences in the united states. Jeff kline coming up, he says there is one big potential positive for the stock market that nobody is talking about. Well find out what that is. What is the overall mood here. Are people nervous . Bernie clark will join us. Big thinker, novelist, generally smart guy, Malcolm Gladwell, your guest coming up as well. Well talk about the markets, talk about the economy, and well talk about why college is actually so exp
Today with oil down quite a lot. In fact, its currently down by nearly 3 sitting below 42 bucks a barrel. Over the last year oil has lost 45 of its value. Who do the numbers stay . Coming from the transport sector the numbers may be signaling a possible recession. Well tell you what those numbers are and why you might want to take note. As we can see, stocks are sliding at this hour. Get down to the floor with bob pisani. How much of this is due to oil, bob . A very large part of it. Lets look at the s p 500. We got down right at the open, 12, 14 points on the s p and nefer looked bac ee eed back. Mandy is right, its the commodity complex, particularly Energy Stocks thats having a problem and this has been going on for days. Big moves down in some of these names, and sop me of them are dn double digits, anadarko, murphy, down double digits. Weve been talking about this all week. We know the lowest level since august, a lot of warm weather. There was some disappointment we didnt get a d