Less than 30 seconds away now. Europe. What happened there . What will it tell in terms of a story for our markets . I can answer that by saying theyre up over the major averages. We dont have italy or spain which were sad about. Tenyear note yield and crude oil always a key here. Certainly crude has been according to my coanchor, mr. Cramer, in recent sessions, you can see the 10year note deal a shade under 1. 7. John stumpf is going to testify before the Senate Banking committee. Hell face questions about Bank Employees allegedly cheating customers by opening fake accounts to achieve their sales goals. In his prepared text, stumpf says, i am deeply sorry that we failed to fulfill our responsibility to our customers, to our team members and to the American Public. I accept full responsibility for unethical sales practices in our Retail Banking business and im fully committed to doing Everything Possible to fix the issue, strengthen our culture and take the necessary actionses to resto
Form of thunderstorms later this morning and early this afternoon. 50 sz to start with. Unusually warm. A nice turnaround after the chilly start. Pottstown and doylestown in the 40s. 55 in millville. Just above it in roxborough. So a mild morning and these numbers will climb into the low 60s. Thats in spite of the rain that will be moving in. Dry at 6 00. In fact, most of the commute should be dry. By 9 00 the rain starts moving in and showers will be with us at noontime with winds out of the south at 16 miles an hour. Look at the warmup. It changes later today. Ill go through the forecast hour be i hour with futurecast. Lets check in with Jessica Boyington. Jessie. Not really tying a whole lot of things up. All lanes are closed, but being detoured around the scene. So your best bet is to take that accident and downed pole situation. Heres 95 right around girard aven avenue. Looks like theyre starting to clean up the construction mark. It is over into the righthand shoulder. This is 95
The uncarrier added subscribers, more than verizon and at t. Tmobile is using cheaper plans and promotions to lower customers to lure customers. The Company Posted a loss of 151 million. All this is coming as sprint is preparing for tmobile takeover bid. I spoke with the president and started by asking about the boom in start up growth and how this happened. We added not only 2. 4 million customers this quarter, but 6 million in the last year. 1. 3 million postpaid net adds in 3. 5 million in the year. As you said, we added 12 times as many phone net adds as our nearest competitor. The only reason is that the other two competitors, the calculation is infinity. Even smart people like you cant out that math. It is a vindication that the on on the uncarrier movement is the right one. It has plenty of runway to go. Once you have our numbers, the Wireless Industry grew in q1. All the growth went to tmobile, so it is a good start. How long can you sustain this . How many customers are really
Business. At t is approached directv about possibly acquiring the satellitetv company. The wall street journal says directv would be open to a deal. Alibaba is in talks to regain a stake in payment affiliate which processes roughly the same number of payments per day as paypal. According to a person familiar with the mental, giving a stake would give gaining a stake the paradealibaba of celebrities looking to buy the la clippers now includes the queen of talk. Oprah winfrey is talking about a ellison. With larry Magic Johnson and Floyd Mayweather are also interested should the nba for us dollar sterling to sell good Donald Sterling to sell. Our lead story of the day. On hises ceo delivering promise to shake up the Wireless Industry. Carrier added more than verizon and at t combined. Tmobile is using cheaper plans to work customers. To 6. 9yrocketed 434 billion. The Company Posted a loss of 155 million. All of this coming aspirin is r bid. Ing for a takeove i spoke with the ceo of tmobi
Top tech headlines. Linkedin has failed to reverse it slowing sales growth. Sales rose in the First Quarter but its fifth straight quarter shows sales growth has declined. Ebay has settled a lawsuit with a federal and State Government over deals with into it. Under the terms, you may has agreed to and a nope 02 packed with other companies. Ebay will also pay tell forney pay 3. 75 million. The settlement comes a week after google, apple, intel and adobe settled a similar case. The Justice Department crackdown on Silicon Valley hiring practices is over for now. Snapchat has poached a google employee, naming him as the information director. The snapchat conversations will disappear but can be saved and screen shots. You may recall that snapchat rejected a 3 billion takeover offer from facebook. Now to our lead story tmobile Ceo John Legere has made it clear the fourthplace wireless carrier has plans to turn the industry upside down and so far, so good. The carrier added 1. 3 million new m