Good morning from the studio 57 newsroom at cbs headquarters here in new york. Good to be with you. Im annemarie green. Key testimony is expected today in the impeachment inquiry into President Trump. As a former top figure at the Ukrainian Embassy apears before members of congress. American diplomat bill taylor will be questioned by the house intelligence, oversight, and Foreign Affairs committees. In text messages, the house made public, taylor reportedly grew concerned about the trump administrations effort to leverage u. S. Military aid for ukraine calling it, quote, crazy to withhold Security Assistance for help with a political campaign. His testimony comes as President Trump says he believes impeachment in the house is all but a foregone conclusion. Major garrett reports on how the president is lashing out at members of his own party. The republicans have to get tougher and fight. We have some that are great fighters, but they have to get tougher and fight. Reporter fearing repu
Travelers. Biogen, set to seek Regulatory Approval for a treatment for alzheimers for early next year. U. P. S. Shares sinking ahead of the open, despite a pretty nice ecommerce boost to profit. The ceo will join us later this hour. The ceo of verizon as well will be here at post nine in a few minutes. An interesting announcement, another guest as well, but i guess it is a mystery. Well wait to solve it in a few minutes. Lets start with earnings, dive right in. Tale two of dow components, p g up, quarterly beat helped by Strong Demand by premium Beauty Brands and mcdonalds falling on an earnings miss as growth on us comps came in below forecast u. S. Mcdonalds 4. 8, looking for 5. 2. Jpmorgan told us the quarter would run light. Im glad you messengered that a lot of people are saying this is a big surprise, a negative surprise if you listen to what jpmorgan said, you would have been ready for exactly this number, which basically to me says not as bad as feared. 5. 9 , thats a number th
applause laughs if youre sitting comfortably, i want to talk to you today about two futures. About a choice of two futures. For our country and for our world. You know there are times in history when fundamental decisions have to be made. Decisions guided by our values and by our hopes for future generations. Choices that involve standing up for what is right this is such a moment. Politics today is dominated in too many countries by straw man leaders with inflated egos and an overbearing sense of entitlement. applause you have a Prime Minister who has acted unlawfully. He cares nothing for the consequences of his disastrous brexit policy. Indeed, virtually every day since he entered downing street, Boris Johnson has demonstrated on every level that he is utterly unfit for the office he holds. applause across the atlantic laughs the current incumbent of the white house, in just his latest outrage, has allowed a war in the middle east to erupt. Letters today make it clear our strong opp
Biotech getting a bounce in the back of biogen two names you need to watch in the space. Halftime report starts right now. Welcome. Good to have you with us our Investment Committee today, joe, stephanie, josh, brynn is back lets begin with this big day for earnings stefrl dow stocks are moving this hour. Lets talk about some of those right there. Stephanie link, you go first mcdonalds is a drag comps below. They had the first eps miss in two years. Oh, my goodness, your sale completely out of this Company Earlier or later last week, whenever it was, looks good today. I actually thought it was going to be worse than what they put up today a 5. 9 global comp is impressive but the problem is they have to investment invest substantially to keep up with the competition. While i liked the story a while ago because of the Digital Initiatives and the ceo and all the things he has been doing they have to spend you dont get the operating leverage positively i was looking for. I got lucky, but i
Road map begins with china trade concerns, retails biggest sales decline in seven months, corporate earnings in focus. B of a rallying on a beat, futures point to a muted open. Capitalism under fire a bit democratic president ial hopefuls square off and taking aim at big business and personal wealth. And billionaire marc benioff will join us at post nine. Well talk tech regulation, capitalism, ipos and who he is eyeing in the 2020 race. Stocks are on track for a modest open a day after the dow close the above 27 k for the first time in almost a month s p finished shy of 3,000. B of a beats the street with quarterly results. On the economic front, retail sales were down. 3 in september. Revisions were better. Gas stations down. 7 people say maybe this has to do with gas prices. Perhaps it does when i take a look at what is going on, if you read between the lines with bank of america, which is just a gigantic bank, gigantic consumer bank, talking about 5. 7 growth in Consumer Spending ye