Disagreements of content by the Companies News outlets and other decisions. Thats in his letter that is submitted to the board included in the s. E. C. Filing disclosing this change to the companys board, prett notable move and speaks to the split within that Murdoch Family over some of the political content of news corp back over to you we know, julia, already theres a family rift of james and his wife and his brother lockland over Climate Change denialism that has been put forth by fox news and the other outlets and not entirely a surprise with the division perhaps not surprisingly james donated to Vice President bidens Campaign Fund and investigating in a number of startups around the world specifically in india an backing some Climate Change initiatives as you mentioned. Julia, thank you. Mike, comment on news corp yeah. So, you know, one of the things that news corp is contending with isnt just the News Department but obviously they have some challenges in other areas of their bus
Takeout and eating on the couch this is an interesting situation. Mike thinks uber could be the way to go. It is time to risk less and make more options action starts right now. We begin tonight with breaking news. Get right to julia boorstin. Julia . James murdoch resigning from the news corp. Board of directors with a letter to the board saying that his resignation is due to disagreements of content by the Companies News outlets and other decisions. Thats in his letter that is submitted to the board included in the s. E. C. Filing notable move and speaks to the split within that Murdoch Family over some of the political content of news corp. We know, julia, already theres a family rift of james and his wife and his brother lockland over Climate Change denialism by fox news and the other outlets and not a surprise with the division. Perhaps not surprisingly james donated to the Trump Campaign fund and startups in the world and backing some Climate Change initiatives as you mentioned.
An 11 rise in exports for january. Still both were higher than economists expected. Over in europe, a check on how were doing there. The dak dox down better than 1 n germany. Down about 1 across the board in political news, well, you want to look at these first . What . Treasuries. Of course. Dont want to jump past those. The tenyear it was sitting there. I didnt see it i was so excited for the political news 2. 831 is the number on the tenyear recent high was 2. 88 that happened in the midst of that payrolls report then the market turmoil. After that soft auction yesterday and the budget agreement with the raising of the spending cap, thats when you saw yields take that little bit of a jump higher should we do political news now . Lets do it the clock is once again ticking in congress. Lawmakers having until mid night tonight to pass a spending bill and avert another Government Shutdown this time theres a major bipartisan budget deal in the work democratic and Republican Leaders in th
Gorgeous layered its of wrestling . Have you seen it . I have not. Well see how thats affecting subscriber numbers and whether or not they are hitting peak netflix right now. What will to expect coming up here. A lot of competition. Procter gamble taking on activist investor nelson peltz and why the Consumer Products company is fighting back and whether it can be successful well get into that coming up. And why the Health Care Bill remains uncertain. New reports say that tax reform will actually move much quicker. We have details on that coming up lets start though with the big week for earnings. We have black rock shares under pressure at this hour after that disappointing Earnings Report this morning leslie picker steps in with details on that. Leslie. Reporter hey, bill, thats right. Blackrock raked in 104 billion during the quarter to put that into perspective, its qt funds were stand alone they would be the 26th largest in the u. S however, 80 of that comes from money going into b
Behind. Lets check in now first with sue at the nyse. Hi, ty. Stocks beginning the week on a down note. That follows last weeks big selloff. Still some fears about corporate profits persisting out there but we are seeing a bit of a rebound in technology which of course was key in last weeks selloff. Well see whether or not it can maintain its leadership. Bob pisani joins me on the floor of the nyse. Not unexpected that we would continue to see a little bit of selling but it certainly doesnt have the pressure buildup. Are we at a bottom in earnings at all. Its still out. Whats encouraging, tech stocks, a horrible week last week, a lot of companies disappointed, microsoft and ibm. A little bit of stabilization here. Thats good to find some kind of bottom. Ibm has stabilized, but General Electric hasnt. Were down again today after some disappoint yesterday. One of the biggest volume days ive ever seen in General Electric on friday. Heavy volume again today. Down almost 7. 5 . Ge in two da