The media giant also announced it is removing its movies or will be from netflix and itll launch its own streaming service. We have someone who says launching a mini netflix could be more difficult than disney thinks we have a lot to talk about disney down almost 5 today. North korea, well get to that in just a moment. Mylan warning today its delaying product launches because of regulatory uncertainty. The latest data shows the drug approvals are on pace to set a record this year what kind of uncertainty are they talking about shares trying to stay positive well have the details coming up and blue apron is rallying ahead of its first Earnings Report as a publicly traded company, thatll be tomorrow the stock is well below its 10 ipo price. As you know, we have a debate on whether there is a buying opportunity ahead of tomorrows news look at that, its up 5 today well, its at 6. 11 right now. That would be a 30 cent raise. Lets start though with this very serious story, the tensions risin
Lunch. Im michelle carusocabrera. Checking the markets, s p 500 and the nasdaq higher, not by a whole lot. Shares getting high since late last year. Lower by nearly 5 on the back of earnings. Its not all bad news, however. Shares are surging. Chipotle over a oneyear high. Lets get back to the big market story that as brian moated check out the s p 500 over the last two months, flat, after a very hot start to the year. So what is taking the air out of this market . Bob pisani is going inside the numbers from the floor of the new york stock exchange. Bob, what happened . Reporter good to see you as always. Theres a dangerous uncertainty for stocks. Fiscal reforms are being pushed out. The hohn y moons over on tax cuts and less regulation and infrastructure spending. The president said he was working on tax cuts yesterday. The market ignored him. Weaker data to the Consumer Price index to the Producer Price index, Economic Data has been weaker. The odds for a fed rate hike 44 . Close to 6
With a car fire. Crews still blocking lane. It is slow. Not too bad. Maybe 10 minutes. I connected the drive time ten minutes to get to the 238 junction. A couple of problems in the north bay we will check on. We have break news from vallejo. More than 350 pg e customers do not have power. That is because of an early fire you can see where a car caught fire at 3 30 this morning bringing down the power lines and it spread to the dry grass. Firefighters say it threatened homes but they managed to keep the flames from spreading to the house. Pg e is on the scene trying to restore power to the initial as we speak. No one was hurt. Another story from vallejo, the search area widens for a missing bay area teen from vallejo. The one person who would know where she is now dead. The sheriff said that 19 year old Fernando Castro kidnapped pearl pinson on wednesday morning. It is believed castro took the 15 year old from her neighborhood. Castros car was seen in marin county yesterday morning bef
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