Likely it is that huawei will get those licenses and the department of commerce wouldnt say specifically they wont get any licenses, they said they will review those on a casebycase basis you can imagine given the administrations crackdown now its going to be difficult for huawei to get any of these licenses from the United States to use this type of technology back over to you. Eamon, its jon what this seems to me to be is something that introduces a lot of uncertainty into the Semiconductor Industry in general. I mean if you look at chip equipment suppliers, if they cant supply technology to one of their major customers, that has an impact on their ability to make money. It has lots of follow on implications down the line is it your sense that the administration is taking an initial stance and looking for room for flexibility and to negotiate or is this something theyre going to push forward in the Semiconductor Industry has to brace for well, we dont know for sure, jon. This is a pi
News for twitter. We start off with the retail getting dragged down. Trump euphoria, colder weather, it should ben nirvana for these guys. Until we get tax clarity, is this group suddenly a notouch, guy . I think it is. We get a lot wrong, this one i think we all got collectively ride. Nordstroms, for example, this stock had a tremendous run up to 60 in november. We talked about it and said, the run in nordstroms, too much, too fast, all the shorts have gotten forward. At 20 times forward earnings, theres no way the stock should be there. We stayeaid, look for a pull ba. All this summer, 48 1 2. Magically, here we are. I dont think you can go out and buy it on this level, but at least valuationwise it makes a little more sense than it did even two weeks ago. You had two things today that hit these retailers. You had personal income come out, which was essentially flat. Its been decelerating since 2014. You also had an mpd group report out saying holiday sales were running 4 below last
Donna brazile feeding questions, outrage after she redesigned from cnn without disclosing it. Details all coming up. A headache for commuters in philadelphia to report transit workers going on strike at midnight to use over prolong wacout and now raising questions on election day. We are starting a new month on wall street. Coming out of decline. Futures indicating markets will kick off on the upside. Take a look at where we stand with the ftse. In asia overnight stocks mostly higher. Better than 1 in hong kong. All the stories coming this morning and joining me to talk about it Dagen Mcdowell Jon Hilsenrath and maverick pac morgan ortagus. Keeps getting crazier. Incredible. Fox news military analysts jack keane is with us along with tennessee congresswoman Marcia Blackburn. One week elect from election day. Donald trump is campaigning in philadelphia and Hillary Clinton is in florida. Trump sees bombshell potentially new emails from private server. Hillary is the one who broke the law
Well be looking at low 90s inland, mid 70s east bay. Low 80s south bay. Well talk about particulars and how warm it gets through labor day coming up. Thank you, we begin with breaking news out of the east bay all lanes of highway 4 in antioch are blocked due to an overturned tractortrailer. The vehicle overturned just after 7 30 this morning on westbound highway 4, at l street, no word on when lanes will reopen. Now to our continuing coverage of the napa earthquake. And this newly released Surveillance Video from the Napa Valley Wine Train commissary and train yard. You can see the train violently shaking when the quake hits. Moments later the lights in the yard go out and then you see flashes of light on the horizon as the same thing happens across the valley. The wine train did not run on sunday or monday while crews checked the train cars, tracks and trestles to make sure they were safe. They got the allclear and started running the popular tourist attraction on tuesday. Shaken, but
Theaters. But will these new rules Impact Business . We have all that and more tonight on nightly Business Report for tuesday, november. Good evening, everyone and welcome. We begin tonight with good news about the u. S. Economy. Its a lot stronger than you may think, and than forecasters had thought. The government today out with an upward revision in Economic Growth during the summer months. The july through September Quarter turned out to be a far more robust one than originally reported. Or forecast. By combining growth in the second and Third Quarters, the economy saw its strongest sixmonth performance in more than a decade. So whats next for the u. S. Economy . And what will this all mean for the upcoming Holiday Shopping season . Steve liesman has our story. The economy looks to be finding another gear just ahead of the upcoming holidays. The government reported that gross domestic product, the measure of all the nations output, rose to 3. 9 in the Third Quarter. Better than the