We have the chief executive of the rock n roll hall of fame. Hes going to explain what case, kiss and what nirvana have in common. Microsoft saying it anticipates completing the thech for its next ceo in early part of 2014. Lead independent director john compton wrote in a blog post that the company has identified 100 candidates, talk to several dozen, and has focused on 20 individuals. The senate has moved nearer to passing a bipartisan budget deal that would ease 63 billion in spending cuts. With 12te voted today republicans joining all the chambers democrats. President obama said he will sign the plan into law. This set the stage for a final vote by tomorrow. Back over to you. Executives from 15 Technology Companies went to the white house today to meet president obama. One issue at the top of their list, the u. S. Intelligence activity. White house correspondent Phil Mattingly joins us now. What did Silicon Valley have to say to the president in the white house . A statementased sh
Stocks, a great way to get some return on their money. Boeing approving a Share Buyback repurchase program showing confidence in the Company Coupled with a dividend raise of nearly 50 , so that is a big deal as well. They really are indeed bucking the trend area did back to you. Lori check the calendar. One week left until christmas. Turning to their smart phones. Discount luxury retailer is taking the world by storm with mobile with mmre than 40 of its revenue generated solely by mobile sales. Joining us, michelle, good to see you again. Congratulations i really strong holiday so far. Thanksgiving sales driving revenue more than last year. Black friday up 60 in revenue over last year. The big trend you are seeing is mobile. A lot of steps pointed to profitability hopefully very soon. We have crossed the threshold and are Profitable Company. We make sure we find something exciting and fresh for you every single day, we bring tremendous value so you look more generous than you actually
Nicole after an update yesterday, we are pulling back a little bit, ahead of the fed, so that is going to be obviously in focus. The two things coming out of washington that really grabs the attention on wall street today and tomorrow. We will find out whether or not the fed decides to taper. A loss of two tenths of 1 at 15,855. The nasdaq down over one third of 1 , and the s p 500 down half a percent. That being said, the dow was trying for three straight winning sessions. 3m and boeing helping to lead the way. Both boosting compensation to a certain extent. Watching dividend raises, they are both great performers today. A buyback and wanted to focus also. Back to you. Dagen kicking off the annual waste book event today finding government waste seems to be the easy part of it, stopping it not so much. Connell always interesting to see this kind of a thing. 100 wasteful examples. That is what the staff describes in the latest annual release of the federal government waste book includin
Good morning. It is thursday, june 29th. Ayman will be joining us shortly. Lets start in washington where Senate Majority leader Mitch Mcconnell continues to face a tight deadline before the august recess. Mcconnell is hoping to send a revised version of the Republican Health care bill to the Congressional Budget Office as early as tomorrow as senators there prepare to head home for the fourth of july holiday. Mcconnell held a number of meetings in his office seeing republican senators opposed to the current bill, including dean heller, Shelly Moore Capito and Lisa Murkowski and tom cotton. According to bloomberg some senators like Susan Collins of maine and bob corker of tennessee expressed discomfort with some of the tax cuts in the current bill. Speaking to reporters just yesterday, President Trump suggested things had been in the works since tuesdays white house meeting, while other republicans on capitol hill, they remained skeptical. Take a listen. We have 52. We need almost all