Clippers. Saying theyve made the decision to end sponsorship of the l. A. Clippers consumer psychologist says any smart brand should jump from a sinking ship. Theyre withdrawing support is essential now some fans expressed themselves yesterday. Demonstrations are expected in l. A. Tomorrow when warriors and clippers meet again. In san francisco, abc news. All right as we said nba tomorrow will address the investigation on donald sterling. When asked about the omgss here is what he had to say commissioner cant expell him probably based on the contract and agreement in place. But there is wide latitude expect a stiff fine here. Expect the suspension the question becomes how significant is this . It could do what youre hearing the mayor talk about. The mayor is sacramento mayor Kevin Johnson working with the National Basketball Player Association on this. R b singer tank pulled out of singing the National Anthem saying as an African American man and artist i must take a stand on a matter
Crushed, just crushed, when the Federal Reserve finally pulled the plug on its bondbuying program. Turns out they were wrong. They were deadwrong. But will they ever apologize for driving people out of stocks . For some of the most amazing gains in the history of the market. Gains that continue today with the dow rallying 221 points, s p climbing 6. 2 , and the nasdaq advancing. 27 . Nah, never. Theyre never going to do it. But we have to review whats happening here because it should never be forgotten. And as my late mom always told me, you have to speak up for yourself, because you cant count on anyone else speaking up for you. For what seems like ages now, these pundits have warned us endlessly that the moment the Federal Reserve stops its Bond Buying Program, the quintessential reason why the market is going up, known as qe3, this is what theyd say, wed be hit with a parade of horribles. Whos in the parade . What dire forecast became gospel . Let me tell you the five that have been
I know. Were expecting big ideas out of aspen from you folks today and, i mean, if nothing else, the view is spectacular as we always know this time of year. Yes, i am Bill Griffeth here at cnbc headquarters, where we are watching a final hour of trade not only for this day, for the, month for the quarter, for the first half of this year on wall street, and kelly, as we know, the markets have continued to move higher. This will be the fifth consecutive month where the dow and the s p have moved higher. And by the way, eighth consecutive quarter for russell 2000. I believe thats unprecedenunpr. Well follow these markets here. Well hear shortly from the president as well. Lets tally up the gains this year, take a look at our lineup of heavy hitters as well including David Rubenstein, former treasury secretary Larry Summers. Thats all from aspen. Later on the program, john calmo joining us. Could you want anybody else . Well, yes, were awaiting the president. He is about to make a stateme
People. With tens of thousands of children on an 1800mile journey to the border which they crossed the hell with impunity. Here is the president in the rose garden today effectively declaring Immigration Reform to be dead and demanded congress abandoned concerns to pass suns bill that he so decides either way this president will go alone. Those in the house to argue he cannot act because i use my executive action to broadly but only when we have a serious problem or a serious issue and congress chooses to do nothing. The failure of House Republicans to pass a bill is bad for security and economy and future. So while i will continue to push House Republicans i hope their constituents will to comment today i am beginning a new effort to catholics as much as i can on my own. Without congress. Lou also the Supreme Court issued another ruling once again the nations top court sided with hobby lobby that business does the house to provide contraception for female employees if it violates thei
People. With tens of thousands of children on an 1800mile journey to the border which they crossed the hell with impunity. Here is the president in the rose garden today effectively declaring Immigration Reform to be dead and demanded congress abandoned concerns to pass suns bill that he so decides either way this president will go alone. Those in the house to argue he cannot act because i use my executive action to broadly but only when we have a serious problem or a serious issue and congress chooses to do nothing. The failure of House Republicans to pass a bill is bad for security and economy and future. So while i will continue to push House Republicans i hope their constituents will to comment today i am beginning a new effort to catholics as much as i can on my own. Without congress. Lou also the Supreme Court issued another ruling once again the nations top court sided with hobby lobby that business does the house to provide contraception for female employees if it violates thei