Little joins us to talk about the state of spending. Im Katie Greifeld in new york. Another quiet day on the screen behind me. The s p 500 unchanged. The nasdaq 100, more action but to the downside, currently off by. 2 . Also put the vix, not sure why but it never does much. Slightly on the rise, trading with a 13 handle on the vix. Lets find some excitement. Less than blockbuster results for morning brothers warner brothers. Poor performance at studios. Geetha ranganathan joins us now. What was your take away from the earnings . Geetha tv advertising and the Network Business continues to be under tremendous pressure. Tv advertising fallen by 11 and that crimped but there were bright spots. Cash flow was strong. This is a merger between warner bros. And discovery. They guided to an extra 1 billion on top of the 4 billion they already achieved. And then hbo max, good subscriber of momentum. They have a whole bunch of new international lunches upcoming. It is becoming a profitable busine
Berkeley. We learn that University Officials blame cooper thieves. And the damage is extensive. Ken wayne is now live at the campus, where hes been getting updates from Campus Police, ken. Reporter the campus is still closed. You can see behind me Campus Police are t parked right in between the campus plaza to keep people from coming on campus and using loud speakers to tell people to turn around. And the area is dark. This all started with a power outage around 4 30 this afternoon. About two hours later a tremendous explosion. Reporter heavy smoke and some flames sparked from an underground vent. One man said he was walking by when he heard a tremendous explosion. I turned around and i saw this unbelievable fire ball. It was huge. Reporter the blast caused several injuries and at least one person was taken to the hospital. And uc Officials Say all of the injuries are minor. Officials say that they believe cooper vandals are responsible for the explosion. The explosion knocked out powe
Berkeley. We learn that University Officials blame cooper thieves. And the damage is extensive. Ken wayne is now live at the campus, where hes been getting updates from Campus Police, ken. Reporter the campus is still closed. You can see behind me Campus Police are t parked right in between the campus plaza to keep people from coming on campus and using loud speakers to tell people to turn around. And the area is dark. This all started with a power outage around 4 30 this afternoon. About two hours later a tremendous explosion. Reporter heavy smoke and some flames sparked from an underground vent. One man said he was walking by when he heard a tremendous explosion. I turned around and i saw this unbelievable fire ball. It was huge. Reporter the blast caused several injuries and at least one person was taken to the hospital. And uc Officials Say all of the injuries are minor. Officials say that they believe cooper vandals are responsible for the explosion. The explosion knocked out powe
Headlines. Matt miller goes for a test drive with audi of americas executive. Michael mckee examines the Supreme Court ruling on argentine debt. We begin at the white house with more on the violent situation in iraq. Good afternoon. For the better part of three years, president obama has made his ability to remove u. S. Troops from iraqi one of his Foreign Policy accomplishments. Over the last four days, the u. S. Is moving back towards iraq. What weve seen has been a deliberate effort, both in naval assets and in drone operations, for the u. S. To try to get a handle on a situation that escalated very quickly and directly threatens the Iraqi Government in baghdad. Air andident is in the on his way back to washington, d. C. , from southern california. When he lands, there will be serious questions as to whether there will be some type of airstrike either through drones or planes. It is definitely on the table. Iran and the United States share an interest in putting down to my down sunn
Resent n siemens may pay 5. 4 million in cash. In addition to that you have the Japanese Companies, mitsubishi and hit touchy creating a joint venture. The Japanese Companies could take Minority Stake in the joint venture and french government could take a stake as well. The second phase to that bit after the energy deal, siemens could combine the business with oust him. With alstom. Alstom says this deal is too complex and they were not to separate the gas and steam turbines. One concern is about the jobs, protecting french jobs. Latest, siemens and mitsubishi would match gms guaranteed to create 1000 jobs in the next two years. What is your take on this deal and how compares to ges bit . Ge is more straightforward. Specific asset. It leaves them with a lot of cash to build out the real business. This one is a lot more complicated. You have four different parties. And there is an assumption the french government would take a stake or be involved and inject some money. Are you going to