Why is fbi director james comey walking back comment he made in front of Congress Last week . Judge Andrew Napolitano will weigh in on all that. Did you see this . An allout brawl at a florida airport. Well tell you what Spirit Airlines did, that prompted this. Whoa. David airlines, it doesnt end. Chevron, cisco, dupont among the dows biggest drags today. The dow ending down, not so with nasdaq. Lori rothman on floor of nyse. Nasdaq at a new high. Youre watching apple. It is now officially closing david at 800 billion in market cap. Apple shares had to close above 153. 44. It did that and left some to spare. 153. 96 is the close. Shares of apple, best performer on the dow at 33 this year. So once again, 800 billion in market cap. That is staggering. Makes it the biggest compa by market cap in the entire world. Look at another sector. Airlines. United, american, delta, all up nicely today. United up almost 5 . United along with American Airlines both reported solid earnings. That gave a
In one minute, if everyone will take their seats, please. You become so quiet when i say that, that i shouldnt even wait the full minute. Thats fantastic. So we are going to get started now. Again, i think that was a terrific session to get the conference started talking about regulation more generally. Although, i knew there would be. As i said in my welcome that i think throughout the day were going to hear a lot about Net Neutrality or restoring Internet Freedom or the open internet proceeding, whatever name interview you prefer to call that proceeding by. And we did hear a little bit during the previous session. So i just call this the allstars panel. Im not sure i came up with another name. I dont think there is necessarily a better one because we do have a group of all stars here and were going to be digging in, im certain, to Communications Law and policy issues. So what i want to do is just do brief introductions, as i said at the beginning you have everyone here has the brochu
Played out exactly like i predicted. We shook out the weak hands on day one, people gravitated to safer stocks on day two. Yesterday, day three we had the final rejudgurgitation of the techs. The dow gained 73 points, brand spanking new alltime high someone let the president know im saying its a high again the s p and nasdaq both gained of course, during that decline, what happened . What happened . These people, the bears, came out of the woodwork. Trying to explain why they were right to hate the market the whole time and why youre a loser if you continue to be in this market. Didnt they scare you . They had to frighten you and we had the old gray Hedge Fund Managers telling us how foolish we are to consider looking at stocks. Call for caution, and obituaries were, of course, f. A. N. G all i can say is, these bears are darn lucky that the a in fang stands for amazon, because if it stood for apple, their miserable lives would be made even worse after tonights magnificent quarter. The
We talked with several people who are key voices in Communications Policy and with a government lawyer who combats the use of the internet by terrorists. Host gigi sohn, you recently left the fcc. What was your job there . Guest i was counselor to chairman tom wheeler, and in that role i did a variety of things. My main role was to make sure that stake holders on the other side, be they industry, Public Interest groups, ordinary citizens, knew what was going on in the agency and made sure that they had a voice. So that was my main job. I also advised the chairman on various policy issues. I also did a good bit of press be off the record. So, you know, i had a variety of jobs. I kind of, i was at the intersection of oppress shop and policy shop of press shop and policy shop and stakeholder shop, so kind of a multifaceted job. Host do you think you got results . Guest absolutely. I mean, chairman wheeler was one of the most active chairmen ever in the history of the fcc. And we were only
Senator Amy Klobuchar is expected to kick off a farm on legalic equality and principles. She is a member of the Judiciary Committee which is scheduled to hear from President Trump spec for the Supreme Court neil gorsuch next tuesday. The senate is scheduled to gavel in later today, 2 00 eastern ofe, debating the nomination the head of medicaid and are services. The house changing it scheduled for the week because of the snowstorm expected in washington, d. C. They gambled in for a brief pro forma session and they will be out tomorrow. Center forto the American Progress, i am the executive Vice President of external affairs. Im so delighted that you could join us today. In our recent report reviving it highlighted the idea that the economy has grown more consolidated with more power be good time concentrated in the largest firms in america. This is in no small part of the conservative assault on both government and the middle class. This assault has played out not just in the courts, bu