Good morning welcome to squawk alley. With me here at post nine sara eisen, mike santelli, Carl Quintanilla has the day off. We start with amazon prime day. The annual holiday made by amazon set to kick off tonight at 9 00 p. M. Eastern with deals aimed at rewarding prime members and, of course, recruiting new members to the premium option. Just how important is prime to amazon always tricky to get the numbers. Deadria is at amazon hq with some details good morning, deadria. Good morning. Thats right were in the heart of amazons rapidly expanding campus where employees are getting to work gearing up for the big ta. As you know amazon does not disclose the number of prime subscribers but estimates put it between 65 million and 85 million subscribers in the u. S put that in perspective that would be nearly 70 of all u. S. Households and puts it on pace to become more popular than cable tv that has been very Good Business for amazon a recent study found that prime customers spend nearly d
Shares of nordstrom down about 15 in the premarket, penne yerkss taking a hit. Well break down whats really happening in the sector. Donald trump launching another attack on amazon and jeff bezos. Trump saying when it comes to taxes, amazon is, quote, getting away with murder. Apple ceo tim cook told cnbc hes very optimistic about china and putting his money where his mouth is in a big way. Well look at the Chinese Company apple just invested 1 billion in. But first up, Government Data shows retail sales up 1. 3, surge led by autos, gasoline and Online Retail. But theres more Department Store pain on the earnings front. Both penney and nordstrom tumbling. At least eight firms cutting their price targets on nordstrom, which misses by a large margin 26 versus 45. Revenue was light. Comps down 1. 7, but the lesson here is that even retailers of that income demographic are not immune. Everybody at the mall was out of position, no way to put it otherwise. If you think of the three drivers o
Newsroom at cbs news headquarters in new york. Thank you for joining us this morning. We start with breaking news this morning and the fight against isis. It could spell trouble between russia and nato. Turkish jets shot down a russian warplane turkey says violated its airspace. The russian jet apparently crashed into syrian territory. Russias Defense Ministry says it can prove the jet was over syrian airspace the entire time. The russian jet crashed into a hill t. Pilots of the su24 jet parachuted from their plane. Local media reports one of the pilots have been captured t. Fate of the other pilot is currently unclear. This morning, a world wide travel alert is in effect for american sids t. State department is warning that and it comes as one of the busiest travel years kicked off yesterday. The government advises u. S. Citizens to exercise vigilance when using transportation. The warning remains inesque until february the 24th. This morning, president obama peets with french preside
Modified salmon to their shoppers. Good morning from the studio 57 newsroom at cbs news headquarters in new york. Thank you for joining us this morning. We start with breaking news this morning and the fight against isis. It could spell trouble between russia and nato. Turkish jets shot down a russian warplane turkey says violated its airspace. The russian jet apparently crashed into syrian territory. Russias Defense Ministry says it can prove the jet was over syrian airspace the entire time. The russian jet crashed into a hill t. Pilots of the su24 jet parachuted from their plane. Local media reports one of the pilots have been captured t. Currently unclear. This morning, a world wide travel alert is in effect for american sids t. State department is warning that and it comes as one of the busiest travel years kicked off yesterday. The government advises u. S. Citizens to exercise vigilance when using transportation. The warning remains inesque until february the 24th. This morning, p
Headquarters in new york. Thank you for joining us this morning. We start with breaking news this morning and the fight against isis. It could spell trouble between russia and nato. Turkish jets shot down a russian warplane turkey says violated its airspace. The russian jet apparently crashed into syrian territory. Russias Defense Ministry says it can prove the jet was over syrian airspace the entire time. The russian jet crashed into a hill t. Pilots of the su24 jet parachuted from their plane. Local media reports one of the pilots have been captured t. Fate of the other pilot is currently unclear. This morning, a world wide travel alert is in effect for american sids t. State department is warning that and it comes as one of the busiest travel years kicked off yesterday. The government advises u. S. Citizens to exercise vigilance when using transportation. The warning remains inesque until february the 24th. This morning, president obama peets with french president Francois Hollande.