The start of it as we continue to watch alphabet shares essentially unchanged today, jon. Yeah and our ylan mui is there in washington who joins us with more. 170 million now in the context of facebook maybe doesnt sound like a lot, but thats a lot for the ftc right . The ftc is quick to point out this is the largest penalty ever collected under this privacy law that protects children when they are surfing the web and when theyre online the settlement was actually split between the ftc and the new York State Attorney Generals Office 136 million will be going to the ftc, about 34 million going to the new york a. G. And during the press conference i would be on the lookout for some very tough rhetoric from regulators weve heard from new yorks a. G. Saying she felt that youtube put children at risk and abused their power. We already had a statement from the ftc chairman saying theres no excuse for the violations that youtube is alleged to have committed. So i think that youre hearing a ve
Airlines are raking in money for the ancillary fees. Details on which carriers are bringing in the most cash and where that money is going. It doesnt grate me that tch much. Charge us airfare and leave the fees behind. One price for everything. I dont know. A la carte is nonsense. Hundreds of stocks experiencing a selfcorrection. Some reporting earnings this week as earnings season gets into full swing. What you guys are paying in california, i dont envy you that. Lets get to the story on greece. Bailout, deal and reaction from germany which is very important. Our chief international correspondent, we are going to refer to her as the Athens Bureau chief michelle carusocabrera. Steve liesman moved to berlin. Michelle, happy monday. Its an unwanted title. Its not a done deal yet. Alexis tsipras back in athens today has to rally the parliament, bring them together and get them to pass a key number of reforms when it comes to pensions which will raise the contributions that the people in g
Carvilles famous dictum about the president ial election has been turned upside down. We got an unemployment number that shows continued consistent job growth. Earlier in the week the republicans took the senate from a belingering democratic party. Lowest in six years and on top of yesterdays rally the dow gained another 19 points and the s p climbed. Nasdaq climbed. We spend a lot of time on discussing how our economy is the shining star around the world, the envy of every nation including china while our stock market is most robust on earth. It clearly meant nothing at the ballot box. While the voters want washington to do something, anything, work together, have a beer, investors want washington handcuffed and doing nothing. Grid lock has been a huge win for the stock market and official verification of it like this week despite plenty of talk that the republicans can work with the president is enough to continue to rally. Why does grid lock work so well for the market . Why is it s
West Lehigh Valley, poconos, go through the very Early Morning hours tomorrow, you will see a brief period of rain before it changes over to snow by 8 00 at least, by the middle of the day, some snow will be heavy at time, heavy, wet snow, accumulating north and west and through the middle of the day to the early afternoon hours, snow will be continuing here, we expect all snow at this point until it comes to an end later on tomorrow evening. Philadelphia area, the i95 corridor starting with rain in the morning and wont be until 11 00 we see a change over to snow. Some of the snow at that time could be heavy, wet snow by the middle of the day and this precip will be ending as we go into tomorrow evening. South jersey and delaware, mostly a Rain Development for you until later on in the afternoon, the later on afternoon hours, between 4 and 8 p. M. , could see a brief change to snow, could be mostly in parts of southiercy, northern delaware as well before it all comes to an end. You wil
1. 855. We begin with facebook with the social media giant honing a Developers Conference this hour. The stock right now is currently down 1. 9 but it is nonetheless, still sitting around alltime highs. Julia borstein is live at the big event in san francisco. Julia. Thats right, mandy. Mark zuckerberg is about to take the stage. He will be addressing the 2,500 developers who are gathered here in san francisco, and there are two main topics that he is expected to make big news on. Messenger is facebooks standalone messeninging app, and he announced he will be turning it into a platform. That means that developers will be able to build other apps on top of the platform very similar to what weve seen with the line app, which is a popular messaging app in asia. That means people will be able to buy things, buy movie tickets, and do various things including read content, watch videos without actually leaving the messenger app. Big news there as well as an Ad Technology as facebook looks to