Now the ceo of juul is out and tobacco giants Philip Morris and altria call off their merger talks. The Political Risk for stocks, futures pointing to a muted open House Democrats move on impeachment and what the turmoil will mean for ongoing u. S. china trade talks. New products driving sales and double digit growth in china. Big news regarding Philip Morris international and altria. The two companies deciding to end merger talks juul is announcing that kevin berns is stepping down as ceo. It will suspend all broadcast, print and Digital Advertising in the United States as regulators have launched this crackdown on vaping products. Meantime, altria tightens their guidance for the year. Reaffirms domestic cigarette volume down 5 to 6 but it does seem like juul is entering a new chapter here as they try to get fda approval. I think if the fda cares about where was gottlieb on this cnbc contributor why didnt he shut this thing down we cant get cannabis passed in this country we let juul
New survey on credit card use and consumer debt. As always, we will take your calls and you can join the conversation on facebook and twitter as well. Washington journal is next. Host the house and the senate come back into session today after a 5 week after a 6week break. This is the washington journal for september 9. Several state attorneys general will announce they will investigate google over antitrust concerns. This as another group of attorneys general plan to investigate facebook over its practices and congress expressed concerns over these two companies and discussing more regulation of these companies. What do you think about this new round of investigations . Do you think larger tech firms need more regulation. If you say more regulation of these companies needed, 2027488000. If you say no new regulation needed, call at 2027488001. If you say less regulation is needed, 2027488002. You can post on our twitter feed at cspanwj an facebook, you can post there, too, at facebook.
Wellpositioned to win the streaming wars. It is all coming up today on coast to coast. Our top story, new reports say saudi arabias oil out put will indeed return to normal levels maybe the next two or three weeks. That is a lot quicker than the months we originally had been hearing. It comes as iran is now responding to the allegations made by the u. S. Blake burman at the white house to pick up the story from there. Whats the latest, blake . Reporter hi, there, connell. On the political side of things the white house is still walking a fine line saying that they believe iran or at least at this point signs are pointing to iran being behind the attack on the saudi oil complex. They are not yet willing to definitely say that they are absolutely certain that is indeed the case. Remember as part of the response from President Trump over the weekend, his initial response was that he said that the u. S. Was quote, locked and loaded. Yesterday on three different occasions when we heard from
Church and state divide in our newsroom like any other media outlet in the country. My role basically is to be the person who goes out and tells the truth and help people make smart decisions about cards. Host when it comes to the overall topic of consumer debt, how are residents of the United States doing generally . Guest they are still handling their business pretty well right now. Delinquencies are climbing up a little bit but they are still generally low. There are definitely signs that we are starting to run into some issues. That is to be expected because there is 1 trillion in Credit Card Debt and essentially people are going to have to start having a hard time with that. We sorted to see we started to see some signs of people becoming less confident about their ability to pay. Host such as what . Guest we do polling every month, asking people how confident they are in being able to pay their statement balance in full this month. How often they have paid in full in the last six
Next, journalist andrew blum on his book the weather machine where he first the Technology Used to develop daily weather reports. From politics and prose bookstore in washington dc this runs one hour. Good evening everybody. Im the coowner of politics and prose along with my wife in on behalf of everyone here, welcome. Thank you for coming. Congratulations on here braving the weather to get your weather. What a great day to have a book about the weather, isnt it if you have been following the weather and who doesnt these days you will have noticed, at least two things. First, that it is getting weirder and wilder with bigger storms, hotter and more freezing temperatures, greater extremes then seemingly of all times of the year. Second, forecasters are Getting Better at predicting what is about to hit us. They still dont get it right one 100 of the time, of course, but their accuracy is definitely improved and so has the timeliness of their reports. In fact, these days we are aware not