Big apple today. The challenges of doing business in china. The latest American Company having issues is qualcomm. It is having trouble collecting millions in licensing revenues. We look into whether qualcomm ken forced chinese manufacturers to pay for a chance in the hundreds of millions of phones. To our lead story, ibm has been dealt a set back as it tries to load its chip manufacturing operations. Goebel founders have offered to buy it, but they thought the offer was too low global founders have offered to buy it, but they thought the offer was too low. Joining us now is ian king to help break the story. Ian . This is a big deal for ibm, no . Rarely is a company that sees itself going in a new direction. Nook computer services. Computer services. What is this business . How big of an investment is involved . Ibm has been around in the chip business for a long time. The used to remember we are talking about thing, but they made that Apple Macintosh chips for a long time. One of the
From our studios in new york, this is charlie rose. We turn to the ukraine. The fallout of the downing of flight 17 over east ukraine continues. The International Community is heartening in the belief that the plane was shot down by russian backed separatists using a russian antiaircraft weapon. The Russian Military officials continued to deny any involvement. Earlier today rebels allowed experts to search the wreckage after days of destruction. There are reports of intense fighting between the Ukrainian Military and separatist. President obama spoke earlier today. My preference continues to be finding a diplomatic resolution. I believe that can still happen. That is my preference today and will continue to be my preference. If russia continues to violate ukraines sovereignty and back these separatist, and the separatist become more and more dangerous, then russia will only further isolate itself from the International Community and the costs will only continue to increase. Now is the
Anthony fauci. 22 states are seeing a rise in cases this morning. You can see those are the cases in red. The cases in beige are flat lining and were flat lining at a troubling number, says dr. Fauci. The u. S. Reported nearly 40,000 new cases yesterday. You can see the sevenday moving average has started to creep up. 40,000 is a number dr. Fauci calls unacceptable. He wanted us to be below 10,000 cases a day by now. And you can see by this graph, we are far, far from that. Also, cnn has learned that the fda is considering stricter guidelines before releasing a Coronavirus Vaccine. That would push the timeline past election day. Its not clear whether the white house will respond to this. Also developing this morning, the fbi warning about foreign actors that quote spread false information in an attempt to discredit the electoral process and undermine confidence in u. S. Democratic institutions. Sound familiar . I guess you dont have to be a foreign actor to do some of those things. Dav
But there can be a down side to winning the lottery because believe it or not, one study says people who win the jackpot are twice as likely to go bankrupt as the average person. Some call it the lottery curse. Remember hitting new yorks lotto for all those millions . Reporter its a curse they know well. They are lottery pioneers who made commercials together. Jackpots in the millions. Reporter in the early 1980s, they were the first people to ever win 5 million each in a lotto. That may sound small today, but back then, it was a worldrecordsetting jackpot. It made them instant celebrities. And when curtis showed up at his press conference, he made news for more than just winning. I came over there with my wife and my girlfriend. This is my wife, barbara, and this is my wifetobe, jackie. That was really something during that time because people just couldnt believe that i would go to a press conference with my wife and my girlfriend. Reporter unfortunately, the men are no longer known
Reached the United States. Good afternoon, everyone. Welcome to the lead. Im jake tapper. Now, whether you think hes a saviour from politics or a signs of the apocalypse, donald trump officially clinched the nomination for president of the United States. On june 16th, 2015, lets walk back to that magic day, donald trump announcing his president ial bid. Most republican elites at the time were doing everything that they could to suppress their smirks. They thought it was a publicity ploy. He included references to mexicans as rapists and rivals such as jeb bush or scott walker, that speech was seen as unserious but today we are sitting here on may 26th, 2016, and hell be on the ticket for the republican nomination. How did we get here . Republicans missed opportunity after opportunity to take trump the insurgent seriously. And then after the establishment, trump tapped into something they all missed. Antiwashington, antipolitician, antitrade deal, antiillegal immigration. The establishm