A barrel. Up a gain three quarters of one percent. Our road map today starts with netflix. Shares down big this morning thanks to weak guidance. What Ceo Reed Hastings had to say about the companys earnings. Goldman sachs ceo blaming the challenging operator environment for less than stellar earnings. What you need to know from that report coming up. Also dig into earnings from dow components Johnson Johnson and United Health care. Lets begin with netflix. Shares are falling in the premarket despite Quarterly Results that beat the street. The company issuing weaker than expected subscriber guidance for the Current Quarter especially on the international front. Meantime ibm out with q 1 results. Jim, lets start with netflix. You said last night you expected downgrades to come, low and behold you have seven firms this morning at least cutting their price targets. Many reaffirming their positions as buys, but taking their price targets down. You had bob on last night. That was fantastic a
Violence can escalate. We have learned this is not the first time the police were called to the house. Reporter and nows the first attack on the 34yearold woman. It was the house right behind us t one with the lights still on. This time she didnt survive and her boyfriend is on the run. The police are looking for this man, who has had several addresses on the peninsula. I dont know specifically if they lived together, but it was her boyfriend and it was a domestic stabbing. Scene secure. Reporter hours after the deadly attack investigators were still inside the house collecting evidence. Police say the couple was here alone when the man stabbed the woman multiple times. I know that the original 911 call came from her. Reporter she managed to call for help, and the First Arriving officers and paramedics tried torsive her, but to save her, but she died at the scene. The suspect. Already gone. Police thought they had him when his silver chrysler was found less than two miles away in a par
Closed down here mission at 22nd. You mentioned one person died in the fire. 6 people were injured and 40 people were left homeless this morning. Debris falling from the building on to the street below last night. This fire was intense as you can see. Parts of the ceiling of this mixed use building collapsed making fighting this fire very, very difficult. It started before 7 p. M. The top floor of that building is all homes so firefighters were working fever,ly to search for people who may still be inside the building while trying to keep the fire from spreading. But there came a point where they just had to step away. That was an allout evacuation call for the firefighters to first of all we made the call to get them off the roof because the roof became untenable. Reporter six people were taken to the hospital and one man, who was evacuated from the building, died. The red cross is now helping about 40 people who lived in the building find another place to stay. There were a lot of wi
The change that has gone on in the American Economy is such and the growth of the American Healthcare system is such that in communities run the country, hospitals are the major employer or certainly one of the major employers. Cedarssinai is the sixth largest private employer in los angeles county, just as an example. At the same time, all of us have to recognize that as organizations, we are going to have to be more efficient. We are going to have to figure out how to deliver care in ways we have not thought of until now. Technologies are that are coming along, whether that technology is in the form of new discoveries around Molecular Medicine and other things that allow total cost of care. We have to work on the issue of total cost of care, not just the unit cost. We have to work on both, keeping in mind what is the total cost of care. Over time, using the International Comparison that john mentioned earlier, if you look at what are the reasons for that, i think your observation is
Retirement, but in law there is something called a catchup contribution that you can make to your Retirement Plan after age 50, so that is meant to solve that problem, so that is a good thing. The problem in current law is there is also something called minimum distribution retirements which starts at age 70. 1960. S picked in that was really old. 70 is not old now. So law has a lot of adjustments to make in that regard. I think it would help when you go to college or go to grad school, youre not thinking of next year, youre thinking of a whole career. To think it is best to think of these things in terms of the lifecycle. Hello, thank you so much for having this amazing panel and for each of you being here. I am one of the thousands of feds that are furloughed. Youre not allowed to work. I was told that we would not receive any salary for perhaps three to four weeks or more. And many of us are looking to our Retirement Savings for hardship loans, which is the absolute worst thing to d