Changing of the guard and apple is no longer the company, move over apple. Its varney company, about to begin. Youre as cold as ice yet again, the producers get the music just right. Its as cold as ice, yes, it is for some retailers. Were calling it a fullblown ice age and weve got two new victims today. Look at this, j. C. Penney losing money and that stocks going to open way, way down at the opening bell, well, that would be 10 . If loses 70 cent a share. And nordstrom, that stock is going to be hammered, thats another what, 10 , maybe more than that for nordstrom down. Retailers are in trouble, give me the reasons. Start with you, ash. Ashley people arent spending and if they are spending theyre going increasingly online. Where does it leave the j. C. Penney, kohls, nordstrom, back in the stores . Liz. Consumer spending has cut half a trillion dollars, and what were seeing is Sports Authority going bankrupt. Aeropostale, Credit Rating cut to junk, macys, kohls, basically macys ceo s
Going down, going down big time. And facebook leans left, and mcdonalds is introducing on the righthand side of the screen, garlic fries. You get it all here. Varney company is about to begin. I want to congratulate ted. I know how tough it is. Its tough. I have met some of the most incredible competitors that i have ever competed against right here on the Republican Party. From the beginning ive said that i would continue on as long as there was a viable path to victory. Tonight im sorry to say it appears that path has been foreclosed. We started off with that 17 number and just so you understand, ted cruz, i dont know if he likes me or if he doesnt like me, but he is one hell of a competitor. He is a tough, smart guy. With a heavy heart, but with boundless optimism for the longterm future of our nation we are suspending our campaign. Well, there you have it. Thats what happened last night. Now, were going to cover that in depth of course, but first this. Stuart it looks like it will
Statement wasthe a stateme not forwarded. I will be pleased to answer any questions. Thank you. Thank you, you are now recognized for comment. Thank you. Chairman k fitts, Ranking Member chairman Jason Chaffetz, Ranking Members, the office of management and budget is committed to working with congress and with this committee. Strongly in the value that congress provides and b is working inm the most effective way possible on behalf of the American People. Request forreceive documents, information, and we strive to provide responses in a timely manner. In addition to producing works everyday to provide information and analysis and unforeseen circumstances. Given our broad jurisdiction, we coordinate and respond to requests from over a dozen committees, despite being a small agency of only approximately 550 employees. In addition, given our extensive role in the bipartisan budget act of 2015, enacted in november, and our consolidated appropriations act, enacted does a few weeks ago, we r
These campaigns have been working hard for a long time. They have a lot of dedicated supporters. It might be that folks in our native village here in washington are agitating these things, but i think it will not have an impact, certainly in february amongst the candidates who they are talking about. You dont get out in the Iowa Caucuses, but scott walker did, you are part of his campaign. He said we were muddying the waters. The field of candidates needs to narrow. Yes, he did. He believed that. He did not at that point see a direct path for himself. He believed that was the right thing to do, that he was not maybe successful this time. He pulled back. Much to his credit of seeing the reality that is unfolding. That is very different from being here in january, six days before iowa. The candidates who are still there have made a commitment. Their mindset is such that they will hear what the others have to say. We will get some calls and. Alan is in brooklyn, democrat. In morning. Good
More than 3 today and crashed through the 50 per barrel mark and has been trading under 49. European stock markets are mixed a day after the selloff in asian markets were lower at the close and equity futures are on the rebound. In europe, the economy has hit another speed bump. Growth slowed in the Fourth Quarter which bolsters of those in the European Central bank and they say they should add more stimulus. There is where that verizon has approached aol to some combination. The two companies have had discussions about a potential acquisition or joint venture. Meanwhile, dish network has come out with a plan for viewers who do not want to pay all that money to cable tv channels and their cable providers. 20 per month, they are offering plain tv with a dozen channels to be streamed on the internet and among them is espn cnn, and tnt. The ceo of sony has made his first Public Comment on the cyber attack. He spoke at the Consumer Electronics show in las vegas. They were, the victim of on