We proceed from crisis to crisis and this is how we prove it. I have no doubt that in the next few days and he notion of an ultimatum is going to be withdrawn. Terms of a bailout are too tough according to the greek government. The current agreement expires at the end of this month. In texas, a federal judge has temporarily halted president obamas executive orders on illegal immigration. Texas and 25 other states sued the federal government. The Justice Department will appeal. Proposed rules from the faa would permit Small Businesses to use drones. Flights would not be allowed out of sight of the operator. A Train Derailment in West Virginia has led the government to declare a state of emergency. The train was carrying more than 100 tankers of oil. Up to 15 of the tankers burst into flames and one ended up in a river. That caused to Water Treatment plants to shut down. Apple may decide to go headtohead with tesla. Apple has put a few hundred employees to work on a circuit of project to
Ban willt may stay on the nsa story and get your thoughts, should congress endorse or stop using intelligence efforts . The phone lines send us a tweet as well or post your comments on facebook. Com c span. You can also email us, journal cspan. Org. The may begin with the front page of the Financial Times this morning. This is their headline here is part of her statement that she put out wall street journal also with a story on their front page the New York Times closed code this morning the New York Times this morning. Then there is this in the Washington Post this morning we turn to you, should congress endorse or stop these programs . Caller. Is democratic i think the congress should take some kind of action to tighten the reins on the nsa since 9 11 and the passing of the patriot act. It has grown exponentially. Its out of control. I am hoping the congress will tighten the reins on the nsa, cut their budget. While i am on the phone, with all the controversy about spying on allies a
The husband and wife team, the world making digital copies of the famous structures and valuable places and Historic Sites all using 3d laser scanners. The latest and greatest technology. A busy hour. Check in with nicole. Stock taking a breather today. Nicole we are. We have seen the s p 500 setting for Straight Records in a row. The dow pull them back a loss of a half of 1 . The s p 500 sitting at nine. Taking our cues from abroad which saw some weakness abroad. A mixed bag of earnings as well. I wanted to get to boeing and caterpillar. Two very different stories. Boeing soaring to new record highs up over 4 . After they posted their number 16 straight earnings, raise the fullyear earnings guidance. On the other side of the claim, caterpillar shares are under pressure and cautious outlook for caterpillar laying on the dow jones industrial. Lori thank you. Adam a critical hearing underway to determine if detroit is eligible for the nations largest ever municipal bankruptcy. Going head
At 2. 664 and europe is back to work and largely mixed. Our road map, the jobs number, payrolls above consensus. The Unemployment Rate dives to the 5. 5 year low. Watch the participation, rate, wages, more americans drop out of the work force in april. Pfizer raising its bid to try to buy astrazeneca. Astrazeneca says a few hours later no thank you. Astrazeneca shares trading below the offer price. Pfizer may need to raise a bit more. Were going to have a lot more. Upbeat morning for internet stocks. Linkedin, open table, expedia beat. A miss for chevron, profit dropping 27 on lower production. J. Crew going budget friendly. Can cheaper sweaters boost sales without diluting the brand . First up, though, lets tackle the jobs number, 288. The Unemployment Rate at 6. 3 , thats the lowest since 2008. People are wondering how this is possible, though, with the labor force decline like we had, jim. 62. 8 is the lowest since december of 2013. Yeah. Look, these are hard to rationalize. The 6.
To michelle. She has todays corporate stories. Pfizer abandoned its bid to buy astrazeneca after being rejected by its british rival. The move had been widely expected. Pfizer can return with another offer in six months or three months if astrazeneca invites it back in. Well talk more about this story with a pharma analyst in about ten minutes on squawk box. Top executives from General Electric and siemens had set to appear from the French Parliament today. Francois hollande will meet with ge ceo jeff immelt. Reuters reports that siemens is preparing a formal offer for alstom. That would mean a slightly higher volume on alstoms Energy Activities than the ge bid. But only a little more than half of ges cash component. All those deals. Was it astrazeneca that was resisting or was it political i think it was astrazenecas board. The other deal we didnt talk about, the deal that wouldnt be or hasnt happened yet. Apple and beats, the head phones. How upset apparently apple was about the vide