Mentioned, well put that number on the screen right now, 572 million that j j is ordered to pay out to the state of oklahoma as a result of this lawsuit. Basically the state argued that oklahoma or rather the drugmaker , j j, was a public nuisance by aggress every market ing opioids down playing the risk of them and then essentially flooding the market with the painkillers, and part of the cause for some 6,000 people who died since 2000 in oklahoma as a result of the Opioid Epidemic. So weve been hearing from both sides after this verdict was reached today, and we want to get to a quote from the state attorney or rather the attorney general who tried this case, and was satisfied with the results. We cant change the past. We can never bring back those who lost their lives because Johnson Johnson executives made the calculated and cold blooded decision that they were going to produce a mutant strain of coffee, corner the market and supply massive amounts of the active ingredients for oth
Disney, underarmor, theyve all been held by boom rang ceo founders, but has that helped or hurt those companies . We have a special edition of three buys and a bail. Todays market has been a bull run so far today. Were off the best levels so far, but we have north of 1 gains for the major indexes. The dow currently at 38,652, up north of 1 . Its a similar percentage advance for the broader s p 500, large cap which sits at 5121. The reason why that level is important is because 5129 is the level a lot of traders are watching right now. That level represents the current 50day average price of the s p 500 on a rolling basis, and that has been the upper end of the trading range for the s p 500 going all the way back to just around april 15th. So its been an area of neartomedium term significance. If it can break through that, who knows what happens . A lot of people watching to see if this is a resistance area for the broader s p. The nasdaq up about 1. 75 , 16,136, led in no small part by
The president himself brought the hard thought back to the controversy. Ed rollins told us a year ago that then candidate trump should stop tweeting at his back along with the democratic strategist on whether the president is really now his own worst political enemy. Care on hold. They recover from eye surgery. Unable to travel back to dc to vote but the former health and Human Services secretary said dont break dont blame him. He is here exclusively to name the successful vote. Plus move over. Foxbusiness hit the new york city triathlon yesterday for the first with the wounded veterans. And an update on your unbelievable generosity. They are kind of chewing at their nails ahead of the huge week. It will be record. For less than an hour lets start the countdown. I cant wait. I just want to tell you folks we did it. Another new york city triathlon in the books. Foxbusiness came out strong you organize all of your little goo food. We met all of your greatest heroes at the finish line int
Bit, and that is why it is a little colder to the south. Owenton is 25. A typical chilly start to the day, but it will get better as we take a look at the radar, you can see the milky grey tone indicating some clouds overhead. They will slowly thin out. Starting out with the 20 s, but we will make it to the upper 30 s by lunchtime. At 4 00 today, 44. Getting above normal this afternoon but the winds to get tonight. But tomorrow, highs nearly to 60 degrees but windy into friday. One more day to make it through before we get to the weekend and the warmer air is waiting for hopefully, a decent drive. How are the roads looking . Kyla a much better start today than this time yesterday morning. No interstate shutdowns for us. 71 at pfeiffer looks great. No delays on 75 or 71. You can see traffic getting heavier, but that is what we see around the 6 00 hour. Nothing out of the ordinary. Still pretty open eastbound and westbound, much lighter volume than what we saw on the other main corridor.
With heearnings season around t bend wont i be dis appoiappoin with what i hear . Today the averages started strong before pulling back. Dow slipping 21. S p dipping and the nasdaq. 36 . Its a good day to tackle the question. I was with my fabulous daughter all weekend and couldnt give anyone an in depth answer. I apologize. If i had a chance i would have said the action, the stock action is dictating my attitude. The action that has so many stocks hitting new highs in the last week alone. Some of it tends to happen right before you go higher. Not right before you fall off the cliff. Consider the stocks that made the new high list last week. First we had the consumer packaged goods plays. I would say they are too numerous to mention. Listen to this. Es today lauder, kimberly clark, cocacola, altria, conagra, general mills, johnson johnson, kelloggs, mckor oh miracle, molson. What do they have in common . They take raw commodities and make them into something. They refine them, package,