All in that all of that and more but first, carol massar. The snow is indeed slamming the northeast. New york city is expected to get 812 inches of snow with the heaviest coming down right now. Andral offices were closed flights were canceled. Ibm report reported a seventh straight sales decline. They cite plunge in demand for hardware. Missed the 28. 3 billion projected by analysts. Texas instruments pricks profit that may miss some estimates. Predicts profits that may miss some estimates. We learned that pimco chief executive officer has resigned. We are joined by julie hyman. Allianz owns pimco and he is stepping down. From his roles that it is unclear what precipitated this although we know have inco has had a tough year. We fixed income industry has generally had a tough time because equities have been the place to be. Treasuries have not. 1. 9, almost 2 trillion of fixed income asset. And enormous company. It looks like he is going to stay at allainz in some capacity. He will adv
Dimon. Before we get to all of this, why dont we get to some of the headlines. Lets get to the headlines, ibm reported quarterly revenues below wall street consensus for the fourth straight quarter. Steep drop in demand for servers storage products. Earnings topping analyst expectations. Also on the list texas instruments, they posted better than expected Fourth Quarter earnings and revenues, company also announcing that its cutting about 3 of its Global Workforce or about 1,100 jobs. The Corporate Restructuring program aimed to save 130 million by the end of the year. Keep an eye on shares of advanced microdevices coming under pressure and extended trading after the chipmaker forecast a steeper than expected drop in Current Quarter revenue. Analysts now saying the news suggesting that sales of gaming consoles were not growing fast enough to offset slowing pc sales. Shares have risen 15 in the last month. Thanks. Something in the water in california. Mohammed el erian is stepping down
I just try to live my life every day by doing the right thing. We know that we are only about halfway to completely eliminate hunger and we have a lot of work to do. Walmart committed 2 billion to fighting hunger in the u. S. As we work together, we can stamp hunger out. And by contributions to your pbs station from viewers like you. Thank you. Tavis phil jackson quit after learning earning 11 rings. Practicallyt stop every team in the league from pursuing him to come back. Coach, no questions about your comeback. That decision may be forthcoming, we shall see. He spends a lot of time in montana where he writes books, detailing his philosophy about winning and losing. 11 rings, the soul of success. I really love the subtitle. Everything pales behind winning. Make a big statement, the losses to detroit and to boston were real moments that were tough to get by. Player, we lost to the lakers and 71, 72. We were able to win 72 and 73 against the laker team. Tavis if one can get addicted to
Election, the white house slapped sanctions on the russians for trying to influence the elections. Then there was a question whether general flynn gave the russians assurances that those sanctions would be lipton and the Trump Administration so not to retaliate, just to sit tight. So what happened next, we will discuss with maria hart who served in the Obama Administration and casey mcparland who was flynns deputy during that period and remembers clearly the day that the Washington Post piece came out revealing flynns call with the Russian Ambassador. Also ahead tonight, hhs secretary alex azar joins us after the brandnew release of cdc guidelines for opening schools and transit and more businesses. Also, Governor Phil Murphy of new jersey is here as he opens the beaches in this very hard to hit state and one of the hardest in the nation and battles devastation to his states economy. But first, under president obama and fox news contributor, good to have you with us tonight. Speak with
Was fired, and hes not even denying that the person was fired, but saying he should have been fired earlier, that to me suggests a malicious intent. Congressman, every friday night theres a 50 50 chance that donald trump will fire another Government Watch dog. Hes fired four inspectors general during the coronavirus lockdowns, i think about every other friday night. Is there more that you can do in any of the committees on which you serve or in the house to protect this community of Government Watchdogs from this administration that theyre supposed to sit inside those agencies and protect the taxpayers from . Yes, nicolle. We have to have an ankle monitor on this president. This is the worst possible time for a serial offender like him to be running around unsupervised. So we just last week, in addition to passing the heroes act in congress, relief for our front line workers, also Gave Congress a remote functioning capability. Well Start Holding hearings. We expect any subpoena to a re