We will have the very latest from barcelona ahead, as power lunch begins right now. And welcome to power lunch. Im Morgan Brennan stocks are sitting around session lows right now nasdaq, the biggest loser. That is down more than 1 . Tech and industrials, the biggest drags today. So check out some of the individual movers. We have got mylan is moving higher its bucking the trend that company is finalizing a 465 million deal with the Justice Department to settle claims it overcharged the government for its epipens and alibaba, rallying on its earnings beat. That stock is up 4 . L. Brands, plunging to new lows on the back of its weak outlook. And walmart lower, despite beating estimates. That stock is down more than 2 . We are going to have much more on whats going on with that stock, straight up ahead morgan, welcome to power lunch. Im Brian Sullivan we begin this hour with breaking news from spain, where a truck rammed into a crowd, one of the main plazas in barcelona it is now official
Tax reform or tax cuts eamon . Yeah, we had some dramatic comments today from gary cohn and the financial times. Gave his first interview in the wake of the president s handling of the charlottesville, virginia incident and didnt pull many punches. Heres what he had the say talking about his reaction to the president s handling of tha event. He said ive come under enormous pressure both to resign and to remain in office he said the administration can and must do better on this issue. He said however, i am reluctant to leave my post and he said i will not allow neo nazis ranting jews to replace us to allow this jew to leave his job we get a sense he intends to stay weve got new reporting this afternoon that said gary cohn had gone as far as to prepare a letter of resignation to be presented to the president , but ultimately, decided to stay on we also gave an outlook for tax reform, at least from the administrations perspective remember, the white house is now no longer going to put out
His star power to the Republican Senate candidate down there, john kennedy. He will be here in grand rapids for a thank you tour rally. And he is using the rallies to roll out members of his team. Last night in democrat, it was his pick to be the u. S. Ambassador to china, terry branstad, and he explained why there are so many wealthy people on his cabinet. Some of the people i put on to negotiate, youve been noticing, are some of the most successful people in the world. One newspaper criticized. Why cant they have people of modest means. I want people that made a fortune. Now theyre negotiating with you, okay . We confirmed the next president s name will be listed in the credits of Celebrity Apprentice when Arnold Schwarzenegger takes over as host. Like so many other things. Were hearing bobby v yb yb ybys in consideration for a spot . Yeah, there is a spot, he was once manager of the red sox, that he is now on the short list to possibly become the u. S. Ambassador to japan, and one o
Followed. He became, quite simply, an american hero. And im certainly glad to see that pride in our country and its accomplishments are not a thing of the past. In 1964, glenn left the Space Program for politics. After two failed u. S. Senate bids, glenn won a seat in 1974. He became a capitol hill fixture, spearheading policy in the areas of Nuclear Arms Control and foreign affairs. But glenn had his share of political disappointments, including a failed run for the 1984 democratic president ial nomination, and a 1990 Senate Investigation into his ties to corrupt financier charles keating. Glenn was eventually cleared of wrongdoing. After 24 years in washington, he left the senate, but not the spotlight. And liftoff off of discovery with a crew of six astronaut heroes and one american legend. In 1998, the 77yearold glenn returned to space after 36 years. Criticized by some as a nasa p. R. Stunt, glenns nineday mission aboard the shuttle discovery weightlessness on aging and inspired s
To influence the us election . Majority leader Mitch Mcconnell said monday he supports Senate Committee investigations on capitol hill to find out. Sen. Mitch mcconnell r majority leader obviously any foreign breach of our Cyber Security measures is disturbing but mcconnell did not go as far as others. Like a Bipartisan Group of senators calling for a special select committee to review russias role. Sen. Chuck schumer d new york the goal is to find out how extensive this is, how deep it is, which countries are doing it, it wont be limited to just russia, and then to come up with conclusions how to stop it. Sen. John Mccain R Arizona its cl whether they intended to interfere to the degree that they were trying to elect a certain candidate, i think thats the subject of investigation, but facts are stubborn things they did hack into this campaign. These public positions are a clear break from the president elect donald trump president elect personally it could be russia, i dont really thi