A 17yearold from the bronx who died last friday. He is believed to be the youngest of at least 24 who have died in 20 states. More than 1,000 illnesses from vaping have been reported nationwide. Nationwide. Now, a cbs news investigation into zantac and its generic versions. The nations three largest pharmacy chains stopped selling the heartburn drug used by millions after the f. D. A. Warned this month that it may contain a potentially dangerous impurity. Our dr. Jon lapook reports zantacs problems may not just be an impurity but something much more serious. We take the entire tablet, just as a patient would, and we dissolve it into the solvent. Reporter at this connecticut lab, called valisure, researchers test drugs from its own Online Pharmacy to check for purity and quality. Last spring, they decided to analyze a few heartburn drugs to see if they contained a chemical called m. D. M. A. , a probable last year, that same chemical had led to recalls of some Blood Pressure pills. So,
wasn t accurate or it was the fog of war and it was misrepresented. it was a very, very chaotic day. so, i don t recall those specific details. ornato s attorneys previously told us they felt like he was cooperative with the committee, he was honest with the committee. but the committee went out of their way in their final report to question ornato s testimony multiple times. sara murray staying busy this friday night. hopefully you get a break over the weekend with the transcripts. coming up, we remember the four students killed in idaho university and head back to idaho for the latest on the suspect arrested for their murders. hey, it s ryan reynolds, owner of mint mobile. it s the holidays and the big wireless companies are busy spending billions on advertising. at mint we re not into wasting money. so we bought this spiffy stock footage for $500. our footage also came with another hand, so we can let you know if you switch to mint, you ll get three months free on all
Good wednesday morning i am carl king with jon fortt. Dow is up 128. Tech sector leads the s p. For more on tech, bring in Victor Anthony and elly wheeler, partner. Welcome to you both. Welcome to tech resilience in the face of the selloff, even though we can parse, fang, talk about underperformance within that right i mean, there are certain names that are underperforming facebook and alphabet. Ironically, those are two names with multiple support but they have secular growth drivers. From all of them, market share gains across the board, ecommerce and advertising but in the case of netflix, subscriber growth that continues to be strong i am buying alphabet, a buy on facebook and amazon. Hold on netflix for now. But i am optimistic bought all these names. Facebook and alphabet, were talking later this hour about regulatory threats do you think thats effecting them, those two in particular . I think for alphabet, eu overhang has been an issue for several years. It will continue to be a
A decline of 10 yesterday because of disapointrtificial intelligen disappointing sales they have been changing their strategy are they on the right track if they get the inventory right . I dont know. Theyve been seeing Phenomenal Growth for the first three quarters of the year 25 for the Fourth Quarter because of televisions and electronics instead of the everyday items. It says here they had so many tvs and toys they ran out of toilet paper they had no toilet paper to sell, okay which is important for a basic store like walmart do the maslow hierarchy of needs, survival, food. Before the big screen tvs and surround sound, there is the toilet paper its not just the inventory issues, its focusing on customers, theyve been spending on marketing, trying to bring in urban, younger customers now focusing more on the basic customers and bringing them in to walmart. Com does amazon know how to do this better than walmart amazon has had some practice. We will look at the u. S. Equity futures.
Drain your swamp over producer harvey Sexual Harassment scandal. Many saying he is not the only one. And nfl owner pushing back on their players flag protest. And now ceo based in puerto rico, saying youve got to drain yourself of incompetence and corruption. Thats what he calls it. Weve got all of those stories for you tonight. Welcome to risk and reward. Im elizabeth macdonald. Now first to your moan. The stock market rally still hanging in tight. Powering ahead. It is the strongest market in decades. The dow ending mixed today. But heres whats going on. Investors are enthusiastic as President Trump cuts back on regulatory state. That grew to massive proportions. More than 5 trillion in stock market values added to your 401 k s and stock since President Trump was elected. And today, the regulatory roll back, the draining of the swamp begins. Epa all right. Scott pruitt announcing that the Trump Administration will get rid of a big obama Regulatory Program to curve emissions from coal