Chambers is stepping down after 20 years in the top job. Cisco veteran Chuck Robbins is in bringing to an end one of Silicon Valleys lo. Mcdonalds investors werent impressed. They sent shares lower today. Cisco managed to rise fractionally. We have two reports. Josh lipton on cisco but first Courtney Reagan looks for the new strategy for the worlds es the golden arches have been a little tarnished in recent quarters. It will take a lot to turn around the Worlds Largest restaurant chain, but today Ceo Steve Easterbrook is detailing at least the initial strategy two months after taking o the reality is our recent performance has been poor. The numbers dont lie, which is why, as we celebrate 60 years at mcdonalds, ill not shy away from the urgent need to reset this business. Mcdonalds will sell 3500 restaurants to franchisees taking global franchisee ownership to 90 from 81 . Which easterbrook says will generate more stable and predictable revenue and c the fastfood chain will cut layers
Stock futures on friday were coming off a record close for the s p 500 yesterday. The dow closing in. Another number 600, netflix crude oil a little change. Think Lower Oil Prices are good for the economy, think again. This morning, job cuts jumped 68 in april to 61,000 job cuts. Oil firms a huge part of that. Tenyear bond note, costing investors about 500 billion in the past month. Its probably low, i think you think thats low . I think thats low, i think the damage of this german remember, thats the liquid security, its the only socalled aaa. You think ill hold it to maturity. When the fed chairwoman said there are losses. All right, meantime other road map this friday starts with the markets, coming off a strong day if the green. It will continue to march higher in the bond market. Again, not a big upside predicted. A downgrade for john deere, that stock is down well tell you why it was cut and theres a big warning in it. Netflix stock is about 600 bucks in the free market. Netflix
Cisco, longtime ceo John Chambers is stepping down after 20 years in the top job. Cisco veteran Chuck Robbins is in bringing to an end one of Silicon Valleys lo. Mcdonalds investors werent impressed. They sent shares lower today. Cisco managed to rise fractionally. We have two reports. Josh lipton on cisco but first Courtney Reagan looks for the new strategy for the worlds es the golden arches have been a little tarnished in recent quarters. It will take a lot to turn around the Worlds Largest restaurant chain, but today Ceo Steve Easterbrook is detailing at least the initial strategy two months after taking o the reality is our recent performance has been poor. The numbers dont lie, which is why, as we celebrate 60 years at mcdonalds, ill not shy away from the urgent need to reset this business. Mcdonalds will sell 3500 restaurants to franchisees taking global franchisee ownership to 90 from 81 . Which easterbrook says will generate more stable and predictable revenue and c the fastfo
Cisco, longtime ceo John Chambers is stepping down after 20 years in the top job. Cisco veteran Chuck Robbins is in bringing to an end one of Silicon Valleys lo. Mcdonalds investors werent impressed. They sent shares lower today. Cisco managed to rise fractionally. We have two reports. Josh lipton on cisco but first Courtney Reagan looks for the new strategy for the worlds es the golden arches have been a little tarnished in recent quarters. It will take a lot to turn around the Worlds Largest restaurant chain, but today Ceo Steve Easterbrook is detailing at least the initial strategy two months after taking o the reality is our recent performance has been poor. The numbers dont lie, which is why, as we celebrate 60 years at mcdonalds, ill not shy away from the urgent need to reset this business. Mcdonalds will sell 3500 restaurants to franchisees taking global franchisee ownership to 90 from 81 . Which easterbrook says will generate more stable and predictable revenue and c the fastfo
Middle east. Whoever gave a thought to kurds, for example. Who. But this is as i said, we used to know a heck of a lot about south africa. Now that knowledge has faded. And now we are experts or semi experts on the middle east and about what region next. He knows. I think, you know, what youre saying, the intimation. The first answer to your question is stop reading the New York Times. [laughter] much more than it used 210 or even my commentary. There is a sort of classic effort to say what is important and what is unimportant in accordance with an ideological schemes. You know, i dont think theres an answer to this, and its very hard to get people to jump out of that sort of in the case of the times to liberal left, the view of the world. Except over a long amount of time by pointing out to cognitive dissidence and disrupted discrepancies. I guess its easier now in the sense that the state department, i remember work stopped at 630 to watch cronkite and broke off. Their interpretation