Right now in the room across the way, governor christie is about to speak and be interviewed by our john harwood later in the day nelson peltz and scott walper is back. We have special guests as well. And so, hello to john, kate, josh. Three big themes from delivering alpha that i want to bring you up to date on. Number one, treasury secretary jack lew there should be a Corporate Tax rate. Maybe 28 as the basic rate for corporate earnings which would bring us back down more in line with some of our economic rivals. An hour ago, retire hedge fund manag manager druckenmiller said the mr. Fed is putting the economy at risk. If you like someone other things, actaviss is up. Citigroup that made news earlier this week with its settlement with Justice Department is down 4. 5 . Kate you led the questioning with one of the guys who has never been on television before, ken griffin of citadel. You hit him with the days breaking news which Andrew Ross Sorkin broke on the bid, the offer for time wa
He has a near perfect record. At 7 30 eastern time, Marathon Asset Management Bruce Richards is betting big on europe. Coming up at 8 00 eastern time, well get political with former obama chief of staff bill daley. Hes now working for a swiss hedge fund. A lot of them will be talking to what weve been talking about this morning. First, lets get you up to speed on todays headlines. Are you ready for this . Im gary owens. Ive got one of these things on. Its like youre madonna, only i need yes. That wont look at good on me. You already hear some of the buzz . I realize again why we have these on. Theres a huge thing going on behind us. Not yet because its early. But today, tech is the dominant. That was the dominant theme of this mornings stocks to watch. Lets start with apple and ibm. The two teaming up on a Partnership Starting this fall. Ibm will sell iphones and ipads loaded with applications geared at business users. Shares of both companies did rise after hours. I took a look last n
Thousands of Illegal Immigrants crossing the border. And tensions remain high. Stay right here. Two hours of varney and company starts right now. And crossing 17,000 firsttime. The dow is at 17,043. The s p, the is in the 500 at a new high, record high. Stuart varney says it feels like the market wants to build. A pretty good move taking it on the chin pretty good. Ten year, 2. 7 on the yield. Now to the individual stocks, Goldman Sachs leading financials, the rally is one of the big reasons, industrials and banks leading, 17,000 and lulu lemon on top of a buyout and that making the good move up 0. 97, little more earlier today and go pro finally losing a little bit of steam and got hit pretty good. It made a high of 49, 42. 52 right now. Pet smart making a big move today. Nicole look at pet smart. A winner on the s p 500 which is also setting an intraday record high. Pet smart is a 12. 5 because the activist hedge Fund Reporting a 9. 9 stake in the company and asking pet smart to expl
Karen says there has been no progress made. Theres a number november 24 deadline. Iran rejects allegations it is trying to build nuclear weapons. Internet Service Providers are dismayed by president obamas call to treat Internet Access to the common carrier, comcast called the president s proposal about a gore reversal that would harm investment and innovation. At t and verizon both indicate they may challenge the plan in court and the industrys chief lobbyist Michael Powell says we are stunned. He also used to run the ftc. President wants the fcc to regular Internet Access with the same rules of does for phone companies. Single state in china, single ay on alibabatis a result record 5. 9 billion worth of merchandise in the first 14 hours of the day. The biggest shopping event in china. Foreign brands are taking part in single brand. Among them, and magneto, calvin klein, and costco. Eagle, calvin klein, and costco. The new york city doctor who came down with the ball is getting out of
You can make comments on social media. Join the conversation on facebook. Com cspan or send an email to journal at cspan. Org. House narrowly passes bill to avoid shutdown. 1. 1 trillion in spending. Vote. 6 was the inside the New York Times story, the final vote was a blow to nancy pelosi. Elizabeth warned lead the dodd frank rollback. Led thebeth warren opposition to the dodd frank rollback. Postponing action on the spending bill until next year would not have been good for either party. Republicans were eager to get the package behind them so they can start 2015 with a fresh agenda. It Steve Scalise said the boat set the stage for the battle with the president over his immigration action. We want to hear from you this morning. What do you think the senate should do . What do you think of the house passed bill . Cq roll call, what is happening in the senate today . Now that there was the agreement that you just discussed and the house has mnibus the socalled cro spending bill, what w