For the time being. Our road map with the markets under continuing pressure after logging their worst day in more than a month yesterday. Jc penney reporting a smaller than expected First Quarter loss and nordstrom reporting a better than expected firstquarter profit. The seafood lover darden selling red lobster to Golden Gate Capital for 2. 1 billion in cash. A whale tale, the money swimming into verizon. Well explain that later on. All right. Futures as you said, you saw relatively stable after the stock markets worst day in about five weeks. The dow posted the 167point drop. S p fell almost 1 and the nasdaq is now in the midst of a threesession losing streak. During our program yesterday you saw the tenyear note fall below 2. 5 for the First Time Since last october and the russell intraday hit that official correction territory, managed to claw its way out by the end of the day. A lot felt that bounce was significant. You know what, i think that dave tepper really this was a dave te
The same table in front of regulators. It may make it harder for the time Warner Comcast deal to go forward. It will be interesting to see if the comcast time warner deal does fall apart if the at t directv deal would go through. If theyre both announced in tandem, a lot of consolidation in that sector. The at t directv is a harder deal to go through. If you put it on the table with the comcast time warner deal, it makes the whole thing dicey for everybody, which is what i think theyre trying to do. New york state banking regulator is reportedly seeking hundreds of millions of dollars from Credit Suisse. The new York State Department of Financial Services made an opening bid of 1 billion but negotiations are expected to drive down the final penalty amount. The settlement with that agency would be in addition to the fine that Credit Suisse is discussing with the Justice Department. Of course the d. O. J. Seeking as much as 1. 6 billion from the bank. The journal calls this potentially e
Wrapped up with a series of latenight votes. The rules are suspended, the bill is passed without objection. There was Little Movement in the impasse that threatens a Government Shutdown on tuesday. Brian mooar, nbc news, washington. And we have Team Coverage this morning on the looming shutdown. News 4s derrick ward is live outside the museum in downtown d. C. With reaction. Whats the word there, derrick . Washington is just waking up. We did find a few early risers here, tourists and stuff. In the old days you might go down to the town center to read the house pushes u. S. Closer to shut down. Here in the virginian pilot, if they shut down, a lot of things still go on. That is, indeed, the case. We talked to a will the of people that have questions but a lot of folks wont be affected because theyre retired or have a job that isnt affected by the government. We talked to one guy from out of town who said this shouldnt have come to this. In the past weve found a way. I am hoping to find
West virginia today. Im cheering for the mountaineers. See you in a few. Thanks. New this morning, a search for a killer. Someone shot and killed a man on 30th street southeast. This happened not far from southern and alabama avenues. When officers got to the scene they found the man unconscious. He was shot several times. Rescuers tried to save him but he died at the hospital. Police have not released a description of the gunman. It maybe the weekend but we could see progress in the shutdown showdown. House republicans could vote on a budget bill as early as this afternoon and this comes a day after the Senate Passed a bill that would keep the government running into november. It does not defund the new healthcare law which republicans in the house are trying to do. Time is of the essence here. If lawmakers cant pass a budget by the end of the day monday the federal government will shut down. Tuesday is the day people can start to apply for healthcare under the care act. Dramatic day
One of the great jobs in television. Ive been honored to have it. I think the longest running on this show. Youve been here almost one year. Almost one year. Dont try to put the attention on me. Its all about you. Im sure whatever you do in the second half will be things tasteful and small. Low key. Well get to that. Thank you for the good wishes. Want to get to todays top story, the potential Government Shutdown that is now just two days away. A rowdy debate on a bill to fund the government stretching the the wee hours this morning. It ended with pes saj of the bill that would delay obama cares implementation for a year. Democrats say thats just not acceptable. Kristen welker is live at the white house. Kristen, where is all this going . Reporter lester, good morning to you. It seems like the only thing democrats and republicans can agree on today is that a Government Shutdown seems increasingly likely after the house of representatives passed that piece of legislation overnight, most