Bank does next and the markets next move. Planes, trains and hyperloops. No, its not a cereal, its the future of travel. According to one entrepreneuent and it could mean getting from los angeles to San Francisco in under 30 minutes. We have that story and more tonight for monday august 12th. Good evening, everyone. Remember when the blackberry was the must have device for executives . Everyone wanted one, and if you had one, you couldnt put it down. Not any more. Blackberry has been passed by other phones, from apple, samsung and more. Today the blackberry waived the white flag. Its exploring socalled strategic alternatives, that includes partnering with another firm or taking the company private. Or even selling it off to the highest bidder. John fort has the latest on the possible future of blackberry. A humbling moment for a once proud brand. Blackberry, the company that first popularized the idea of a phone that could do more than make calls. The company that added alicia keys as
And fpfizer and getting ready fr the twoday meeting and waiting for the president to make a new proposal on tax reduction. And we will wait for the two components merck and pfizer. Are patent problems looming. After posting weak sales in north america and announcing two executives leaving the company. And you heard it here first, two firms buying hmas. And watch the fertilizer stock, because they are down after one of the Potash Companies drops. Slight sli above forecast and the revenues are shy of census, and fpfizer plans to go into three segments. Meanwhile, mercks q2 earnings were above estimates and the merck beats the earnings but profit is cut in the half. That is the repeating echo of the quarter and a lot of the names and in some cases blockbusters losing exclusivity and trying to fill the pipeline with stuff at the other end. That is the story of big pharma, and a pack of development and changing in recent months and years, carl. Of course, replacing off patent with whatever
Now, 162,000 jobs added in july here in the usa. The soft, disappointing number with parttimers beating fulltimers confirms what we already know about the economy. Its still only 2 , but stocks liked it. We may be talking about a downsized mini goldilocks. My full take on the jobs report and the market and what it means for the fed later on in the show. And the war of words between Chris Christie and rand paul is heating up. Is the future of the Republican Party at stake here . Our free market friday panel will have all those stories and much more coming up in the kudlow report beginning right now. Good evening, everyone. Welcome back to ed kudlow report. Im larry kudlow. The u. S. Is on high alert over the threat of an al qaeda terror attack in the northeast or north africa starting this weekend. Nbc news Pete Williams joins us now with all of the details. Good evening, pete. U. S. Officials say this in response to an al qaeda threat from yemen. Some kind of unspecified plot to attack
Economy and the markets, lets bring in diane swonk, with mesereau financial, brian bell kin, and dan greenhouse, a cnbc contributor. Good morning to all of you. Diane, if im not mistaken, you werent too far away on your guess, were you . The original guess was closer than the revised guess. I was surprised on the downside and the downward revisions are a disappointment. Some of the key issues that are important here, youre starting to see the imprint of obama care and sequester. The people moving from full time employment to part time for furloughs are really picking up right now. Youre getting all kinds of anecdotes in the contractors to the defense industry. Were also seeing in the Health Care Industry Health Care Employment has really slowed. Thats where medicare cuts have are starting to come through. And back off as many people are working from full time to three days a week, and thats showing up in the Unemployment Rate, the number of workers taking part time for economic reasons
In the new White House Press secretary pushing back on what she is calling misconstrued reporting of the Coronavirus Task force winding down. The Trump Administration will include medical experts and all upcoming decisions and reopening even as loose base, but new cases continue to mount. Hello, welcome to fox news night, i am Shannon Bream in washington. We will kick things off with kevin corke the president for the first time venturing out of the white house. Quite a few weeks. Quite a while indeed, shannon. Despite a Record Number of new cases in several states happening just as the respective governments begin to ease restrictions, the president insists that the country is ready for phase 2 of reopening. It sounds as good a time of any to disband the Coronavirus Task force. Today is a very interesting day. For the First Time Since march 28th, President Trump left the Nations Capital for a trip to arizona and a honeywell plant where they are making n95 masks. The trip was notable no