I talked to a partner and kleiners defense attorney in this case. This is her first interview since the verdict. Lynn great to be done. Its great to be back in my office. Great for kleiner to have prevailed on everything. Cory did you have a sense . During the trial, how much it was being followed the jurors , were stunned when they walked out and saw all the cameras there. Lynn it was overwhelming. Just a tidal wave of reporters. Occasionally people would post tweets on my Facebook Page or email me. I followed a few people but i didnt have a sense of the whole scope of it until the end. Cory what made this case unusual . Its got an unusual amount of coverage. An unusual amount of it was supposedly having an unusual impact on Silicon Valley. Lynn its not going to happen. Cases dont change industries. Thats not what theyre about and not what they do. But this case was the right issue at the right time. Wrong case, wrong forum. Very hot issue obviously in Silicon Valley and people feel p
Hang sang up 0. 5 . Modest decline in shanghai. European markets, things have barely budged there. Directionalist at this point. Waiting to see whats coming. Part of thats going to be what we get right here, a packed docket of Economic Data today. Most notably youll be getting jobless claims, that comes out at 8 30 eastern time. Economists are expecting 312,000 firsttime filings, higher than what we saw last week, that was 298,000. Something that a lot of people caught their attention last week, below 300,000. Well also be getting a key update on housing at 10 00 eastern time with existing home Sales Numbers for the month of april. As for corporate names to watch, we have retailers in focus again. Quarterly reports are due from best buy, dollar tree and sears. That all comes before the bell. Then this afternoon well be hearing from hewlettpackard, the gap, fresh market, gamestop and tivo. Andrew, over to you. Good morning. Good morning, becky. Thank you for that. Corporate news this mo
Time. You are back to school today. I am. Call it backtoschool time. Summers over, but does that mean the rally is as well . A tepid start to stocks kicking off the month of september. The s ps lower by two. The Major Industrial average down 40 and the nasdaq higher by 10 points. It didnt seem so long ago that the cruise industry was on the ropes with one mishap after another. Remember all those pr problems they had a couple years ago . Yeah, the smelly problem, the, mmhmm. Today it gets a big vote of confidence with news that norwegian cruise lines is buying oceana and regent seven seas, combined into a group called prestige. Its a 3 billionplus deal. And we will speak exclusively with norwegians ceo, Kevin Sheehan, in a first on cnbc interview coming up here later on the program. 400 for an apple watch . Recode is reporting that might be a highend price point for the longanticipated wearable that apple is expected to unveil a week from today at a major product event. What kind of fea
Checked. Lets take a look and see if that still holds. Yes, it does. Not significant declines but declines nonetheless across the board. As for asia and japan, japanese gdp it did pressure the nikkei there to the tune of 4. 7 . The Chinese Government offering financial stimulus to towns to maintain economic growth. Signs of life there in the chinese economy. Lets get to our road map this morning. That does start with the s p. Which is sitting just under the key technical level of 1700 but setting up to expend a multiday losing streak. Blackberry replies all, says its open to exploring Strategic Alternatives. Jcpenney mulling action against bill akman for turning deliberations into a public discourse. And we have a date. Apples new iphone will be unveiled on september 10th. Were coming off a week in which the dow industrials broke a sixweek winning streak. This morning as we saw futures lower on that news out of japan where Second Quarter gdp rose 2. 6 , thats well below economic foreca
Tell us about his brush with death. Reporter the san jose graduate tells me he was trying to build a life. He was pursuing Job Opportunities with his business. I feel lucky. I was laying there about to die. Reporter it really is a miracle he is alive. Back on august 3, he and his girlfriend were headed out, when around 12 30, a robber grabbed her. He said give me all your money. Im like what . And then, i stand up, and hes like, boom, boom. Reporter those booms, gunshots. He thought he was the only one hit, but he was wrong. After he shot me a couple of times, he decided that wasnt enough, so he tried to shoot her too. Reporter while his girlfriend was injured, penn got it worse. Two bullets pierced his knee, one bullet narrowly missed his heart. Fortunately, the bullet went diaphragm, ribs, spine. Reporter he knows his road to recovery will be long. Says he will likely have to walk with a cane, yet he is comforted from the support. The diving instructor receiving cards from his young