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Transcripts For CNBC Squawk On The Street 20240713

Deal reshaping the storied Investment Bank, Morgan Stanley Ceo James Gorman will join us in the next hour. A mega merger, increases the projection of expenses saved and the guidance which well get into, as well. Giving up control of victorias secret selling a 55 stake to siycamore and stepping down. Well start with the deal of the day. Morgan stanley agreeing to acquire etrade valued at 13 billion. 58. 74 a share three months after schwab and Td Ameritrade announced a merger deal a lot of discussion of why not robin hood an enwhat it means for the sort of the framing of their Wealth Management business, jim. It is kind of amazing about 5 million accounts, maybe more robin hood with 10 million accounts in no time they were land speed record for accounts their success is driving everything they have the millennials. They have a different orientation. They have the easiest site to use. All hand held. Theyre racking up customers i have had robin on a couple times. Theyre the biggest threat

Transcripts For CNBC Squawk On The Street 20240713

All ahead for the session so far. Ten year note yield, crude oil, you ask, and we always like to answer as well, look at our ten year note yield, 1. 78. Lets get to our road map this morning, it starts with what you expect, the shopping surge, facing a condensed Holiday Season, retailers raking in a record 4. 4 billion online on thanksgiving day this is ahead of, of course, what is traditionally the busiest shopping day of the year, today. The final trading day of november and stocks pointing to a lower open on this holiday shortened session. Buffett thwarted, the oracle of omahas latest attempt to put his cash hoard to work, outed by by apollo global. We begin with retails busiest day. Courtney reagan is at the Woodbridge Center mall with what to expect this weekend as the Holiday Shopping season officially kicks off hey, court. Reporter good morning, happy thanksgiving to you, morgan. Here were starting to see the second wave of shoppers come out to the mall. They do those early door

Transcripts For KPIX CBS Overnight News 20240713

And showing the world how to be comfortable in your own skin. This is the cbs overnight news. Welcome to the overnight news. Im elaine quijano. Just days after President Trump greenlighted the turkish invasion of Northern Syria by moving u. S. Troops out of the region, the conflict is threatening to spiral out of control. Turkish artillery has been targeting kurdish neighborhoods sending tens of thousands fleeing for their lives and sparking charges of ethnic cleansing. The kurds have turned to an old enemy for protection. Inviting Syrian Government troontef theie ey contro Islamic State prisoners of war ing th rainder of u. S from warzi announcing plans to push its onslaught against Kurdish Forces even farther into syria, mark esper told margaret brennan, the u. S. Will withdraw its roughly 1,000 troops remaining in the area. How long and over what time period will you . It will be a deliberate withdrawal. We want to conduct it as quickly and as safely at possible. Reporter Kurdish Fo

Transcripts For KPIX KPIX 5 Noon News 20240713

Th understand the gravity of the situation. The officer in question joined the force last year. The chief said he violated the departments use of force policies. The family of the victims is demanding he be arrested. A here is more from where a former trump official just testified. Reporter kenny, this on the fast track with several officials subpoenas including the former russia expert behind closed doors. Fiona hill arrived on capitol hill for closeddoor testimony monday. The crime here is that the American People dont get to see what is going on in these sections. Reporter she is expected to tell lawmakers that the personal attorney Rudy Giuliani and the ambassador to the European Union ran their own policies in the ukraine outside the usual channels. They it stems from last weeks arrest. They are charged with funneling. He pushed ukraine to investigate biden and his son, hunter who was on the board of the gas company. No one asserted i did anything wrong except the lying president.

Transcripts For CNBC Squawk Box 20240713

S p up s p up and the dow indicated up look at what happened overnight in asia. The nikkei opened up in europe where there is active trading, youll see green ar owes across the board. The ftse was up more than half a percent. Youll see at least the 10year is yielding 1. 8 big news, weworks board now weighing two competing Financial Rescue offers. Expected to accept an offer from softbank to take a controlling stake in the company the decision could come as err will early as today the are rescue package from sofk to buy up to 3 billion in shares held by other investors they would also put together 5 billion in loans sources say theyll pay the founder adam neumann up hundreds of millions to leave you are paying him twice. Hes the only one who has made money on this deal. Meanwhile, theyll begin layoffs almost immediately of almost 2,000 people. One of the reasons they delayed the layoffs is they couldnt afford the severance youll wait here for adam neumann to go home im told that will ke

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