Stocks and stories making headlines today. On the ebolaorts outbreak in west africa. But we begin with still mattingly on the primaries and the impact on the Republican Party. How are you . This week marks the end of what has been an intense battle inside the Republican Party between the Tea Party Wing and the establishment wing. The total for that battle 135 Million Dollars. That is what we totaled. An immense amount of money that really split the party in two. The key question has been throughout, who will be the winners coming out of this . It is a bit of both. On the establishment side, you have the u. S. Chamber of commerce, the nra, the super pacs. You have on the tea party side, groups like club for growth and the Madison Square project. The big winners throughout at least on the senate side, appears to be the establishment, with the slate they are bringing to the election, largely the individuals with big money are better than the last three cycles. Talk to us about democrats.
Stories making headlines today. Julie hyman details bills latest bid against herbalife. Eat or cook follows developments in ukraine. We began with Phil Mattingly and conflicting legal rulings regarding president obamas health care law. Good afternoon. The signature legislative achievement was dealt a blow and then a boost in the course of a couple hours. One u. S. Appeals court ruled the law did not allow for federal insurance and subsidies am only those provided by state exchanges. Reliesordable care act on 14 state run exchanges. The rest . All federal. Meaning millions could lose subsidies. If the ruling stands, the law more or less would not be able to cover the millions. Underscoring the fact that there are a separate appeals court, this one in richmond. So basically a mixed day for the law. Administration officials said they would seek a review on the first decision. One where democratic judges hold the majority. Momentumprovide fresh and challenges to the law and new uncertainti
Street but stopped against the light and walked back to get the girl twin brother from the sidewalk leaving the little girl alone in the crosswalk. Thats when car that had the green late hit and killed the 2yearold. Friends family gather at the site on sunday. Police still looking for the driver. Police told us tonight it is not certain whether driver will even face charges now given the circumstances. More developing news. Patient at Northern California hospital may, may have have been exposed to the deadly ebola virus. Patient treated at kaiser South Sacramento medical center. Center for Disease Control medical test are expected to confirm whether patient actually has the virus. That patient has been isolated of course as precaution. Kaiser says that will protect other patients from possible exposure until the tests are done. Fire officials reporting Good Progress tonight in fighting a fire near yosemite 35 percent contained. Its already taken a toll interthe town of oak hurst less t
Welcome to the most important hour of the session. We have 59 minutes to go until the closing bell. President obama is pushing for equal pay. Why has it taken this long . We will analyze what the future holds for women in the workplace. Plus russia is getting a downgrade. Will Vladimir Putin not pay hills bills to retaliate against eu and u. S. Sanctions . Matt miller, my cohost again today. Wonderful to have you, as always. Hopefully we will get along today. I think we will. We have the bank stress test, the result of the feds annual to figuren of banks out how they would do in a stressed financial situation. I comes out about an hour and i will have those results. Jpmorgan trading at its highest since 2000 on optimism that the latest round of stress tests will allow some of the banks to start returning more cash to shareholders. Ed is one of the stocks we are watching. Her memory yesterday we learned that microsoft was planning to. Nveil a new office for ipad Morgan Stanley came out
No battery problems, they say. I want to look at the stock, up 10. I am hearing fed this, said that, janet yellen this and that, nobody went out and bought tesla because janet yellen mayor may not be printing money. Am i right . Charles i was at the garden state mall two christmases ago, they set up shop and tesla had half a car, the engine, and the line was longer than the apple store. The enthusiasm from main street was amazing. I wish every Single Person in there storebought 10 shares. Was 25 a share. Stuart but is it a diaz they. Com bubble . Charles it is not bubble but i will tell you the similarities between now and that bubble time, momentum. Winners, people chase performance to the point where even a Great Company can have overvalued stock and we are not seeing that with some of these names. Stuart mount gox, one of the Biggest Exchange websites, shut down yesterday. Some rumors of bankruptcy and may be a big theft of bitcoin. The web site is back on line this morning, not tra