For all of the dows implied decline, macys is no good either. Well get to all of that. Europe in the red this morning. Asia quiet overnight. And watch oil up four of five sessions following the best day in about two weeks. Our roadmap begins with four names down big this morning. Shares of macys falling hard after the companys Earnings Report this morning slashing guidance. Terry lundgren saying on the call we are not counting on the consumer to spend more ncht office depot and staples calling off merger after a judge blocked the deal. Both stocks taking a hit this morning. And disney shares falling after missing estimates for the first time in five years. A drop in espn ad sales and subscribers taking a toll on that quarter. Ncht first up, macys down in the premarket after the company missed on quarterly revenue and slashes their full year guidance. Retailers says Top Line Sales expected to remain below initial expectations. Macys Early Release Terry Lundgren saying we are seeing cont
Public corruption. Thanks for joining us. This is a story the iteam first broke here on channel 8 and now were learning that the probe is widening and learning more about what the focus may be. Reporter what was first thought to be a Campaign Contribution appears to be a much deeper investigation, sources familiar with the investigation agentsus are lookg at financial leaks between Roxanne Mccoy and councilman ricky barlow, whether he used thow his own pockets through cash kickbacks as well as Campaign Contributions. Mccoys Consulting Firm is considered a key focal point of the federal probe, after searching through public records we found several links between mccoys company, inspired consulting and barlow and his own Consulting Firm, in 2013 he listed over 30,000 in payments for consulting purposes to inspire consulting andnt mccoy directly. While that may be on the up and up, sources tell us the fbi is looking into payments going back iteam sources tell us investigators have asked t
Companies have to deliver for their employees, customers and shareholders every day. Im proud of all we do and how it figured into the moral fabric of america. It seems senator sanders is missing the point. So its directing commentary back at sanders. Completely understandable. I agree with every word. The rhetoric is just ridiculous. Ge is a great company. Great companies create enormous value for the world and Great Companies focused on the three constitue constituentcies so thats what we need more of in the world. Not fewer. Why has it taken so long for business to start to punch back . And does this kind of stuff play in peoria or has it made sanders a viable candidate . Whats making sanders a viable candidate and trump a viable candidate is a huge inequality developed in this country and corporations do have to account for that. Part of it is were taking high paying jobs and going oversaes and replacing them with low paying jobs. We need to pay people more in this country and abou
Referred to on sanctions is in the context of the additional more severe sanctions which were imposed by the United States and by europe late this summer in response to the intervention in donbass. And these should be understood as separate baskets. Vice President Biden and others have been very clear that for the United States, a prerequisite for discussing the relaxation of sanctions is full implementation of the minsk agreement to include the withdrawal of all russian fighters and heavy equipment, the restoration of ukranian control over the border monitored and the release of all prisoners. Russia has not done any of those things. To the contrary, as we have said, as recently as last week, secretary kerry pointed out that since september 5, since the signature of the minsk agreement, hundreds of russian tanks and heavy military equipment items have moved into ukrainian territory. And we know that Russian Troops have remained in donbass providing command and control to the separatis
And promising an updated app, but is it enough. The myth busters are going gallatic. Is it possible to swing across a sky cabin like Luke Skywalker. To the lead, where the Tech Industry goes to show off their gadgets and what they hope will be groundbreaking technology. The consumer electronic show begins next week in las vegas. More than 150,000 people are expected for the show where roughly 3,300 companies will be showing off their latest products. Apple will not be among them. Wearables is a major theme. Jon erlichman will be there next week and joins us now with a preview from l. A. Jon, what are you most excited about . You mentioned 150,000plus people. When c. E. S. Got started in 1967 in new york city, the audience was a tenth of that size. You saw the momentum behind ings like camcorder, v. H. S. , cd and every year we asked the same question. I would say that you got a mix of the obvious and the curious. Will you see smartphones . Absolutely. Will you see cool television, 4k t