Youll understand why were playing that music in just a minute welcome to power lunch. Im michelle carusocabrera. Stocks carving out small gains the dow hitting yet another record high. Lets take a look at the benchmark tenyear note. The yields there hitting their highest levels since mid august. Right now the 10year yield at 2. 24 . Some of the stock movers, sprint and tmobile, both soaring our david faber reporting the two were in active talks about a merger again going the other way, however, best buy shares are tanking about 9 . The retailers outlook falling short of expectations. Were going to head live to the investor meeting in just minutes from now heres some other news happening at this hour cnbc confirming reports that the senate gop is looking at a tax cut that would total between 1 and 2 trillion. And are cereal and sausage the investing breakfast of champions . The company post hopes so because its buying food maker bob evans for 1. 5 billion and its prime time for kohls in
Ever get it out of your blood i dont think. So its an important topic at the right time, so thank you so much for being here. Thank you to our partners, thank you to our sponsors. Thank you to ed mort aher and his very talented team for putting this together. Ed leads our transportation efforts. Were lucky to have him. This is a founding sponsor of iweek. Does anybody besides us say iweek . Its a thing, all right. Were a founding sponsor of iweek. And were really proud to be a part of the bipartisan Steering Committee and we have been proud to see how this annual meeting as an event has grown in reach and in scope and programmatic activity every year. You know more about infrastructure than i will ever learn so i dont have to tell you what a big problem this is for our country. This is a nationwide challenge, so it has to be a nationwide conversation. Over the next five days businesses around the nation will gather and focus on infrastructure with government officials at some 100 event
Ever get it out of your blood i dont think. So its an important topic at the right time, so thank you so much for being here. Thank you to our partners, thank you to our sponsors. Thank you to ed mort aher and his very talented team for putting this together. Ed leads our transportation efforts. Were lucky to have him. This is a founding sponsor of iweek. Does anybody besides us say iweek . Its a thing, all right. Were a founding sponsor of iweek. And were really proud to be a part of the bipartisan Steering Committee and we have been proud to see how this annual meeting as an event has grown in reach and in scope and programmatic activity every year. You know more about infrastructure than i will ever learn so i dont have to tell you what a big problem this is for our country. This is a nationwide challenge, so it has to be a nationwide conversation. Over the next five days businesses around the nation will gather and focus on infrastructure with government officials at some 100 event
Im suzanne clark, senior evp here at the u. S. Chamber and i am delighted to welcome you here today. Now, when you have my job, you get to be in this room and say that sentence a lot. But i actually mean it today or mean it more than usual. Not just because youre a charming audience, but because i started my career at the American Trucking association and you know you dont really ever get it out of your blood i dont think. So its an important topic at the right time, so thank you so much for being here. Thank you to our partners, thank you to our sponsors. Thank you to ed mort aher and his very talented team for putting this together. Ed leads our transportation efforts. Were lucky to have him. This is a founding sponsor of iweek. Does anybody besides us say iweek . Its a thing, all right. Were a founding sponsor of iweek. And were really proud to be a part of the bipartisan Steering Committee and we have been proud to see how this annual meeting as an event has grown in reach and in s
Im suzanne clark, senior evp here at the u. S. Chamber and i am delighted to welcome you here today. Now, when you have my job, you get to be in this room and say that sentence a lot. But i actually mean it today or mean it more than usual. Not just because youre a charming audience, but because i started my career at the American Trucking association and you know you dont really ever get it out of your blood i dont think. So its an important topic at the right time, so thank you so much for being here. Thank you to our partners, thank you to our sponsors. Thank you to ed mort aher and his very talented team for putting this together. Ed leads our transportation efforts. Were lucky to have him. This is a founding sponsor of iweek. Does anybody besides us say iweek . Its a thing, all right. Were a founding sponsor of iweek. And were really proud to be a part of the bipartisan Steering Committee and we have been proud to see how this annual meeting as an event has grown in reach and in s