And holiday sales up 22 but profit falls short. Shares of microsoft are up after beating the streets expectations. The Company Recording more than 25 billion in revenue for the quarter. And carl icon getting three seats on the board. First up, the dow and s and, p on rise for the worst january. Gdp up. 7 and that comes after the surprise rate hike by the bank of japan. And the nasdaq is down 10 here today. Dow is nearly 7. 8 decline and s p down. And the russell is worse 11 or so. And utilities and telecomin the green. Its very telling. Its just a terrible month and youll see numbers that are fabulous, like american airlines. Four times earnings, like, i could not believe down to 726 million shares but then theres a virus by mosquitos that makes people not want to travel. Just in time for the olympics this summer. And suddenly you have a situation where i dont care how good it is. I use that as a metaphor. Apple, china, wait a second, i dont care how good it is. Drug companies, i dont
Hightech haven. Fast casual dining. This is a category that has been dominating restaurant growth. We are going to meet to experts who want to transform your night out. First, lets get headlines from su keenan. We start with bank of america. 4 , theained more than largest increase since may of 2013, this after the company oneed to pay 245 million s p allegations. And failed to disclose mortgage. Osses that resolves part of the 16. 65 billion home depot has named its next ceo. Homeimprovement retailer says the new ceo will take over november 1. Craig has overseen the companys online businesses. Seems to be navy steering the gaia the sales shipped for cap. Gap. That is the latest. The s p 500 gained today on economic reports, as well as Federal Reserve minutes released for july. Janet yellen is going to give her firstever speech as Federal Reserve chief tomorrow at the jackson hole wyoming symposium, entitled economics reevaluating the labor market. Mike mckee is there, and he joins us n
Customer service, just a corridor away. I will introduce you to the robotic bellhop that is already transforming a hotel into a hightech haven. Fast casual dining. This is a category that has been dominating restaurant growth. We are going to meet to experts who want to transform your night out. First, lets get headlines from su keenan. We start with bank of america. Shares gained more than 4 , the largest increase since may of 2013, this after the company agreed to pay 245 million on s p allegations. And failed to disclose mortgage losses. That resolves part of the 16. 65 billion home depot has named its next ceo. The homeimprovement retailer says the new ceo will take over november 1. Craig has overseen the companys online businesses. Finally, old navy seems to be steering the gaia the sales shipped for cap. Gap. That is the latest. The s p 500 gained today on economic reports, as well as Federal Reserve minutes released for july. Janet yellen is going to give her firstever speech as
Sara eisen is at the New York Stock Exchange for sue today, but we begin with the big news in Housing Starts jumping, and for a second straight day the storks are up. D. R. Horton up almost 3 today. Toll and others also showing gains. Diana olick is in washington. Tyler, this is a tricky number. It combines both sippingle family Housing Starts and multifamily apartments like this one. So lets break it down, shall we . Singlefamily starts were up 8. 3 and up 10 from a year ago. Multifamily against mostly those apartment rentals, up 33 , month to month up 50 from a year ago. Where . The big construction jump was in the northeast, also in the south, and midwest did take a hit. West is seeing a jump, because theres so many supply, but construction is really booming most in markets where most of the activity is in that multifamily. This is a new report from trulia, new york, boston, houston, northern california, these are directed at young mill lennial getting ready to resident and downsidi
In china, the government has cleared the way for the largest cell carrier to offer four g services, and that could mean hundreds of millions of new customers. How do you put together the Management Team . We asked the guy who has done it. First, google is known for its farreaching projects like google glass and the self driving car. Now the latest moonshot involves robots. The company has required seven robotic companies in japan. Ceo larry page writes, i am excited about andy rubins next project. Android started as a crazy idea it is still very early what might google be doing with these robots, and how might it compare with the delivery drone amazon is testing . First, what could google possibly be working on . I wouldnt say first. This is characteristic of how google operates. This has always been characteristic of how google operates. This is very similar. His passion is robotics, and they allowed him to pursue this. We dont know where it is going to lead. Maybe tilting motorola ph