Week the s p is tracking for a third week in a row of losses, down 1. 3 nasdaq futures up 73 points. Weve got a lot to talk about on a summer thursday. Our road map starts with earnings walmart posting better than expected results fellow down component cisco gets a lift, beating with its Quarterly Results and talking up a. I. Ceo Chuck Robbins will be joining us here. Plus, investors continuing to digest fed minutes released yesterday. The tenyear note yield hitting a fresh high were going to begin with walmart, raising fullyear forecast the retail giant benefitting from customers seeking bargains. U. S. Comps up by a better than expected 6. 4 and ecommerce jumping 24 led by pickup and delivery theyre clearly taking share because theyre out comping their competitors and the industry theyre crushing it i want to straighten some things out here when you have ecommerce up 24 , when you have advertising, which is just free money, what are the Gross Margins there, 35 , much higher margin. F
Good morning, this is bloomberg daybreak europe. I am Tom Mackenzie in london. It began in focus has japanese stocks of the most among some growing speculation the bank of japan will raise rates, it investors look ahead to u. S. Investor data tomorrow. U. S. President joe biden towards israel against invading the city of rafah, calling it a redline as ceasefire talks remained deadlocked. Aramcos 31 billion dollars gift, the Worlds Biggest Oil exporter ramps up its Quarterly Dividend despite loyal oil prices to plug a budget deficit. A bit of profit across the nasdaq on friday. We had jobs data, Unemployment Rate ticking up to 3. 9 , but broadly the jobs picture looking at a relatively resilient in the u. S. European stocks ended friday at a press record. European stocks pointing to losses of. 5 of 1 . The data focus is the inflation print out of the u. S. On tuesday. It is worth noting inflation out of china managed to take up in a recent reading suggesting the inflationary funk is sta
Committee. This first portion is just under three hours. [inaudible conversations] the Senate Committee on health, education, labor and pensions will come to order. Today is a busy day. As we all know very important both will be taking place, republicans of knickers will be meeting in their caucuses so people are going to be coming in and out. I also think that this hearing is important enough that we extend the time for questioning from the usual five minutes to seven minutes, if thats okay with folks. Let me begin by welcoming the ceos of Bristol Myers squibb, chris berner, we thank you for being here. Ceo merck robert davis, we thank you for being here. And the Seahawks Johnson johnson Joaquin Duato for being with us this morning. Thanks very much. There is a lot of discussion in our nation about how divided our people are on many issues. And that is absolutely true, but on one of the most important issues facing our country, the American People whether democrats, republicans come i
Effective bankruptcy in the next few years unless the Funding System is reformed. A report by the local Government Information Unit has Found Services like parks, Leisure Facilities and libraries are at risk of being cut, while council tax could rise in some areas. Our reporter Vincent Mcaviney has more. Yay well done. Alex is about to turn 18, and on top of the regular worries parents have about their children, mum, sylvia also has to think about alexs autism and the extra support he needs to gain independence. Support thats under fire for her and other families as Birmingham City council struggles with financial difficulties. What you get is families that are on their knees with a trauma presentation, traumatised kids, and they never get decent outcomes. Theyjust end up constantly trying to get the basics, which everybody else s child gets naturally. And its Notjust Birmingham thats struggling. Across the country, councils are warning that front line neighbourhood Services Like parks
Hearing lasts an hour and 45 minutes. Were a couple minutes but will get started. The subcommittee on safety aviation will come to order. I want to welcome everyone to our hearing today addressing close calls to improve aviation safety. This may be the most important hearing we have all year and i want to thank chair cat well, Ranking Member cruz and moran in their help to making this hearing happen. The near misses weve been seeing recently are not normal and are a warning our Aviation System is under stress. And today we will have an opportunity to hear from several Key Stakeholders about why were experiencing so many near misses and what we need to do to increase our safety margins. Well hear from National Transportation safety chairwoman jennifer hamady, chief operational officer tim worrell and rich santa, Airline Pilots association, captain jason ambrossy and former administrator randy back out. While disagreements tend to garner more coverage than compromise, its worth noting i