Hurricane irma is a category 4 sthoorm cou storm. The path is still you unseuncer puerto rico and florida are areas of interest. Here are the big corporate stories. United technologies buying Rockwell Collins for 23 billion. Under the deal, rockwell Share Holders will receive 140 per share in cash and stock. Thats an 18 premium to the Closing Price on august 3rd. The Companies Say the Aerospace Systems segment would be combined to create collins Aerospace Systems which would save 5 billion by the fourth year of completion greg hayes will join our colleagues on squawk on the street later this morning that happens at 9 30 a. M. Eastern time. Lego announced plans to lay off 8 of its work force lego reporting a 5 drop in revenue for the first half of the year the company said most of the 1400 job cut also happen s wille end of 2017. And Rovio Entertainment is planning an ipo. The mobile games studio will list shares in helsinki in a move looking to boost growth the Company Finally returned
The lows down 234 right now and its a broad selloff financials are actually the hardest hit. You can see the yield on the tenyear approaching 2 . Investors are piling into safe haven assets like the treasures. Well talk to the ameritrade chief strategist on whether americans are doing buying on the dips. Mohamed elerian on whether geopolitical concerns could get worse and whether the fed could put any further rate hikes on hold as a result. Oh, boy. Right thats on the table right now as well. Lets begin with seema mody here on the floor of whats driving the selloff on wall street today seema . Kelly and bill, the calendar may say its summer, but it certainly feels like fall, a lot of traders reminding me historically september is the worst performing month as traders return to their desk goldman sachs, one of the most heavily traded names, surpassing its 30 day volume average, about 4. 3 million shares have exchanged hands. Its down just about 3. 5 , the second worth of we are forming
This joint News Conference 45 minutes ago with the Prime Minister. The president also taking the time to attack Health Insurance companies for cashing in on obamacare saying quote hes not going to subsidize them any longer. He also said he thinks he has the votes to pass a fix that includes block grants for the state. But none of it, well see none of it before tax reform is finished. The second step in the tax reform process going on right now on capitol hill, the senate is debating the budget framework that could allow for a vote on tax reform and maybe passage this year. But is the administration pushing congress to rely on tax reform numbers based on fantasy . Or is it fact . Weve got in a fox business exclusive, two former Congressional Budget Office directors ready to face off on whether socalled dynamic scoring will lead to real growth, even though its not based on hard numbers. Don and doug square off. And nfl owners and players are huddling right now in new york city at this ho
Their health care and the needs they have. If the American Health care act is passed, which the republican plan that was passed over in the house, many West Virginians will lose their current insurance coverage. Individuals on the Medicaid Expansion would not be guaranteed coverage after 20 20. That means anybody who has gotten insurance for the first time, theres no guarantee they can keep it at all. The American Hospital Association Estimates that 68,200 West Virginians will lose their Health Care Coverage in 2018 and more will be without medicaid coverage by 2026. The American Health care act thats been sent by our republican friends in the house increased the cost to our state. The bill cuts 834 billion from medicaid. Meaning that the state would receive less federal medicaid funding and it would not increase if costs rise in the case of health crisis. In fact the American Hospital association in my state estimates that my state of West Virginia will lose 9. 8 billion over the next
Their health care and the needs they have. If the American Health care act is passed, which the republican plan that was passed over in the house, many West Virginians will lose their current insurance coverage. Individuals on the Medicaid Expansion would not be guaranteed coverage after 20 20. That means anybody who has gotten insurance for the first time, theres no guarantee they can keep it at all. The American Hospital Association Estimates that 68,200 West Virginians will lose their Health Care Coverage in 2018 and more will be without medicaid coverage by 2026. The American Health care act thats been sent by our republican friends in the house increased the cost to our state. The bill cuts 834 billion from medicaid. Meaning that the state would receive less federal medicaid funding and it would not increase if costs rise in the case of health crisis. In fact the American Hospital association in my state estimates that my state of West Virginia will lose 9. 8 billion over the next