Diversity in Silicon Valley. First, disney announcing that it will soon offer sports programming and its films and tv shows directly to consumers with two, new streaming services. Sales and profits fell due to the companies Cable Tv Division where subscribers and ad sales track. We sat down and talked about the companys streaming plan, and the company as a whole. Were seeing a shift in the way that people are consuming media. It is becoming more appbased. A lot of appbased consumption is done with direct to consumer services. You need the technology to do this as well, and that is no easy task. It is not simple. Especially when it comes to streaming live sports, we have consumption at a large level, and it is done all at once. So, we have accelerated our purchase of controls that we can move into this space at a faster pace and a faster rate than we initially anticipated, because we see the opportunity in the marketplace. The brands, the marketplace, and the consumer trends. You really
Trump lays out his vision but wall street is unimpressed with detail on tax and economic reform scarce. Virtual reality versus Augmented Reality. We make sense of this latest technology that promises to revolutionise your day to day experience. Welcome to World Business report. Im sally bundock. Also in the programme the wonderfrom down under. Australia managed to avoid recession in 2016. Details in a moment. But first. As youve been hearing, President Trump has addressed a Joint Session Of Congress for the First Time Since taking office. In a highly anticipated speech, he spoke of restarting the engine of the american economy. The president reiterated his intention to slash Corporation Tax in the us and provide tax breaks to middle class americans. At the same time, he announced hell be asking congress to approve legislation which will result in 1 trillion worth of investment in us infrastructure. He also called for what he describes as one of the largest increases in National Defence
Japanese exports were weak. Not a lot of macrodata on tap. Shares of boeing and gm both higher in the premarket. Better than expected quarterly results. Lamb research buys koa. Western digital buying sandisk, the price 19 billion. Well have the ceo of Western Digital later on the program. And coke reporting a mixed ka quarter. First up, upbeat earnings news from boeing better than expected Third Quarter results on stronger demand for commercial aircraft. The dow component raising their full year guidance and theres gm beating the street with its q3 profit and revenue. Cfo Chuck Stevens this morning on squawk box. A strong truck market a strong suv market is helping, but i think also its our view and our continued focus on driving cost efficiencies and if you look at the material performance and the cost efficiency that we had in the Third Quarter overall about 700 million, a lot of that accrued to north america. I think its seizing the opportunities from a market standpoint but also co
Martin luther king, jr. But with started looking at him as this very sweet man, that he was a radical. He had very radical ideas and he wanted to change things in a very dramatic weight in america. And, of course, he did in very profound ways. So this book restores the radical king. Im very proud of that and there were working with cornell on a brandnew book called Justice Matters which will be out in 2015, and which looks not only at racial inequality in america but really at justice issues very broadly, including lgbt justice, including economic justice, including immigrant rights, all kinds of issues which are so important in america today. So we are happy to have cornell back and thats what theyre important to us. And then we also are publishing books cheryl, her book, place not race just cannot. Shes a very wellknown black legal scholar and she is looking at opportunity and injustice in america through the lens of place and, of course, that means class. It implies class, where peo
Also, say good bye to your boss. How to start your own business for no more than 10,000s. Our users guide to stretching your retirement dollars. Getting the best and safest return for your money. All that and more coming up on the willis report, where consumers are our business. Gerri president obama set to give his state of the union in four hours but his address will sound well more like a campaign speech, touting an improving economy while pushing tax hikes leading to unintended consequence on the middle class. Neil cavuto is joining us now. Neil hosts our special coverage of the state of the Union Tonight on fox business. Neil, the White House Press office said now that the economy is fixed were done with. That well move on to helping the middle class. Do you buy that . Well they are using that a lot. They are saying right now the trend is their friend and sort of like these improving numbers. They have not been robust but good enough to be the wind at their back and those poll num