The national guard, so many working hard to protect those in the path of hurricane harvey. Our hearts break for all those who lost loved ones, including lieutenant Nicholas Michael warren, who was on a Training Mission in texas, and according to reports, he gave his life to help people reach safety. Fellowknow, your americans stand behind you and we will be there for you as you recover and rebuild. This labor day, we honor the men and women who built in this country and who continue to power our economy today, including all those who are critical to hurricane recovery efforts. American workers laid down the Railroad Tracks that moved people and products across the country. The oil in mines, digging the coal that powered our industrial revolution. The forged the seal the steel that builds our bridges and skyscrapers. They built the strongest middle last, and with it, the strongest nation the world has ever known. Pen i wear is a canary in a , to remind me of the progress we have made in
Good day, everybody. Welcome to power lunch. Im tyler mathisen. Glad you could join us another daily and more records for the equity markets. The dow, s p, russell, nasdaq, you name it theyre reaching historic highs. The emerging markets rallying two, the etf that tracks them, on pace for its best day since september 11th. The airline pushing the dow transports to new highs as well jet blew, delta, united leading the way there. Lennar up about 3 . The home builder beating earn ares estimates. Now making a bit of a come back as you see theyre up 1. 2 . The electric car maker missing those model three goals more on this ahead. Im melissa lee. The National Retail federation expecting holiday sales to increase between 3. 5 and 4 this year. The u. S. Ordering 15 Cuban Embassy officials to leave. This comes after sonic attacks against american diplomats in cuba. Three nobel prices for scientists after breaking gravitational waves. We begin this hour in puerto rico. The president touching dow
Best day in more than a year, the stock surging to levels not seen since february of 2015, helping the dow to close at a record high, after the retail giant announced a 20 billion buyback. Online sales, according to analysts, will explode in the next year. With walmart trading about 20 times earnings, amazon trades at 250. The question here is, should investors start valuing it like a growing tech company in other words, what is walmart really worth guy . I cant speak to what the valuation should be. Thats what the street is struggling with. They did say online sales will increase by 40 next year. You think about that, i mean, thats for like a startup type company. Thats not for a Mature Company like walmart thats a significant number. You mentioned 20 billion stock buyback. I think thats roughly 7. 5 of their market cap not insignificant. I think thats what people are struggling with. What is the right valuation . I dont know the answer. What i do know and our good friend carter worth
Whatever they wanted and maybe even started a war. Steve gomez, special agent in charge and now abc news contributor said any disruption to the president s twitter account could be disastrous. We are dealing with issues with north korea, iran, and isis as well. A spokesperson said he could not confirm the exist tense or nonexistence of adeactivation. If charged and found guilty under the Computer Fraud and abuse act, he says the person responsible could face up to ten years in prison. He also says that twitter could sue the employee civilly but might not want to because could it mean that information about twitter security practices could come out. New York City Police are building charges against harvey weinstein. Police have corroborated parts of the account. In the past months, dozens of we will have come forward with allegations of Sexual Harassment or assault against weinstein. Some are claiming they, too, experienced Sexual Harassment or inappropriate comments from male colleague
Hes leaving celebrity apprentice. Nightly news begins right now. Announcer from nbc news World Headquarters in new york, this is nbc nightly news with lester holt. A break in the hunt for who is behind a series of bomb threats against jewish institutions. A 31yearold man is jailed in st. Louis, tonight accused of making threats against Jewish Centers in four states. But Authorities Say hes not behind the big wave of over 100 similar threats that have sent children and staff evacuating jewish institutions across the country. Instead, theyre calling the suspect, a copycat who was trying to settle a personal score with an exlover. Our justice correspondent, pete williams, has more. For months, telephone bomb threats to Jewish Centers and schools have alarmed the jewish community. Now the fbi says this man, 31yearold Juan Thompson of st. Louis, made eight of those threats, copycat calls, intended to get back at a woman who broke off a romantic relationship with him eight months ago. Law en