Ken frazier earlier on squawk on the street, take a listen to this when theres unrest, people put out statements, they put out platitudes they say this is terrible. We decry racism. We believe we ought to build a just society i think business has to go beyond what is required here before the pandemic there was 12 milliontilunfilled jobs in this country and 5 million inner city kids who want access to the economy. They want to be participants, citizens and consumers what they lack is the education, they lack the training there are opportunities for programs ken is so right well talk a lot about how American Business, how the corporate sector tries to heal this country thats obviously broken youre correct. It is the corporate sector and some of us would say other than the Atlanta Mayor who gave such a tremendous speech, were looking for leadership maybe we find it more in corporate or im reminded gina rometty created low income and low opportunity neighborhoods where she built schools, p
The half. Im scott pop ner the next flicks numbers hours away now, those earnings coming up can the beaten up stock get back on track it is 12 00 noon and this is the Halftime Report. Announcer netflix facing its final quarter of calm before the streaming wars with apple and disney begin, but investors need to tune into retail sales falling for the first time in seven months are cracks beginning to form in the consumer and what does it mean for the market . Amazon getting a huge price hike ahead of its earnings next week the traders take their position. The Investment Committee is ready to go. Halftime report starts right now. Good to have you with us on this wednesday, our Investment Committee, joe chenova, steve wise the count down to the netflix numbers, competitors lining up to do battle with that company pete, you own it. I do. I think you are the only one on the desk who does doc, you do. John, pete its not the same we have a lot of different strategies going on. There is competi
As no fewer than eight states along the eastern seaboard declare various states above emergency. Air travelers, its a mess, theyre feeling the brunt of this bomb cyclone. On the screen is a picture of ohare, chicago. Fight aware is reporting 3800 cancellations have been called across the nation and additional 1500 flights delayed. Flights at this hour suspended at new Yorks Laguardia airport and the jfk. Newark, new jersey is on a limited takeoff basis. You are not storm also playing havoc with the Nations Energy centers, with snowfall and excessively high winds knocking out power to tens of thousands of people. More expected to get hit by darkness. Power companies are warning of the possibility of fuel shortages because of polar temperatures arriving with the winter blast. Its a transportation issue. Transporting the oil. Lot of problems with the roadways. Team fox business on the ground with every single part of this story. Now to wall street, the dow cracked yet another major milest