At the right time. Well tell you who that is. Well talk to karl rove, former Senior Advisor to president george w. Bush. He will sound off later in the hour. Plus massive fires, raging in australia. Crews working to fight a blazing inferno that has burned through an area tries the size of the state of maryland. Well have the latest from emergency officials there. New charges against Harvey Weinstein. The disgraced movie mogul arriving in court using a walker here in new york today just two years after dozens of women came forward with allegations of sexual harrassment and were live at the courthouse ahead of jury selection. Melissa fox Business Team coverage. Blake burman at the white house. Jackie deangelis on the floor of the new york stock exchange. Jeff flock is watching the action in oil and gold from the cme. Blake, lets kick it off with you. Reporter hi, there, melissa. There will be a big briefing on capitol hill, wednesday afternoon, scheduled to be at this point, involving th
Jackie we have gerri willis on floor of the new york stock exchange, jeff flock in chicago. What happened today . Dow only needed 36 points to do that. It beat that level. Were at a new high. As you were saying that is the 21st record close of the year. S p only needed a little more than half a point to finish record territory. It achieved that, and more. Here we are, fueled mostly by apple shares. Finally, we got the nasdaq through 9,000. Very big finish for the nasdaq. Tech very critical part of stocks move. Well talk about amazon for just a second here. The company saying they added five Million People as prime members over the Holiday Season. They said it was a record Holiday Season for them. They did very well indeed. And, just adding a lot of people who can add to their bottom line. Some of the people actually signed up for a trial membership on prime. Others actually paying that 119 a year. So amazon, with a very good day. Meanwhile, apple also pushing the nasdaq to new highs, f
Has his work cut out for him. The former ceo Dennis Muilenburg has come under fire for handling of the 737 max crisis. Here is the man that will handle the crisis. Member of board of directors since 2009. Member of Blackstone Private Equity firm. He served as a ceo of nielsen and worked at 26 years with General Electric specifically with transportation and aircraft engines. Muilenburg as you know, critics said under him boeing was too cozy with regulators getting the 737 max plane to market. That the company was not transparent enough after the two crashes. The company says, new Ceo David Calhoun will bring a brand new commitment to communication. Number one is getting the 737 max planes in the air. The company halted production of the plane while it works with the faa to get it recertified. You see them sitting in the Production Facility parking lot in washington. Boeing a dow component. Boeing enjoyed a nice bump on the stock market today, but it hasnt been a great road since march.
House is set to vote on 1. 2 trillion usmca deal any minute now. One day after their historic vote to impeach President Trump. Connell Fox Team Coverage on all of this. Gerri willis on floor of the new york stock exchange. Chad pergram covering all things capitol hill including that vote. Kristina partsinevelos in newsroom. Edward lawrence is in the white house. Chad, start with you, we talked about impeachment and usmca is a big deal this hour as well. Absolutely. We think the vote starts in ten minutes on the house floor. Theyre about to vote on salt, democratic provision to get rid of the element in the tax law from couple years ago that prohibited the deductions on state and local taxes here. This was a big issue in hightaxed states like new york and new jersey. That is a place where a lot of republicans didnt fare too well in the house races. That vote is up first in the house of representatives. That should start imminently. If you hear bells ringing behind me here, that is the v
Well move higher at 2020 were not going to be up by 34 for the nasdac, as we were in 2019, but perhaps, 5 is in reach, and of course, thats what i said last year were up 34 , a lot of people said that. Connell its been surprising this run in terms of how long its continued as i said i dont know, by the way the mets won the world series in october of 86 so id love for the comparisons to be true. They defeated my beloved ed red sox, i had this moment where they walk out of the subway entrance, in october was it for that celebration the mets were having. Connell oh, yeah the parade . I could never forget it, it was so downhearted. Connell ons let me fast forward because the comparisons are more that 90s and more people are around in trading environments, or covering it or whatever and they say boy, are we in an area like that, but i mean, i know the nasdac has been up a lot but this isnt exactly 1999 again isnt it . This market is valued without a doubt but we dont have the gross overvalu