Travelers. Biogen, set to seek Regulatory Approval for a treatment for alzheimers for early next year. U. P. S. Shares sinking ahead of the open, despite a pretty nice ecommerce boost to profit. The ceo will join us later this hour. The ceo of verizon as well will be here at post nine in a few minutes. An interesting announcement, another guest as well, but i guess it is a mystery. Well wait to solve it in a few minutes. Lets start with earnings, dive right in. Tale two of dow components, p g up, quarterly beat helped by Strong Demand by premium Beauty Brands and mcdonalds falling on an earnings miss as growth on us comps came in below forecast u. S. Mcdonalds 4. 8, looking for 5. 2. Jpmorgan told us the quarter would run light. Im glad you messengered that a lot of people are saying this is a big surprise, a negative surprise if you listen to what jpmorgan said, you would have been ready for exactly this number, which basically to me says not as bad as feared. 5. 9 , thats a number th
Roads lots of issues that could impact your commute. Reporter and a high wind advisory later on. Thats up right now. The wind will get more blustery as the rain tapers off. As we look right now we have the batch of rain after the heavy stuff came through overnight, you can see it pinwheeling around a cell out to the west of us that we have to get wrapping in from the west. Storm tracker 6 live double scan shows that to you, that will be fairly heavy rain that whips through quickly, as it comes through it will give you more problems with the ponding and puddling. Thats coming in from the west through philadelphia and off to the northeast around trenton. Looks like the last of the rain is going to end after the rush hour. 49 in philadelphia. 47 in wilmington. 49 in allentown. The winds are noticeable. They are up in the 20s and 30s. 50 in millville. 50 in cape may. All the driving windy rain will be around through 7 00 a. M. , 8 00 a. M. It will die down a little bit and end after the ru
Snow off roads this morning. Theyre trying to stop scene like this a driver in new england, loses control and slams right into a house. No one was seriously hurt. But the impact of thursdays blizzard is still being felt on the roads, and at airports. Abcs lana zak has more on the cleanup. Days after she was confirmed as secretary of education betsey secretary of education betsey devos is preparing to visit a school in the district. And the Washington Teachers Union will be there to greet her. Union officials are holding a vigil outside Jefferson Academy in southwest. The Group Opposed her confirmation but say they still wish her well becuase a successful Education Department is whats best for their students. The devos visit is scheduled for 9 oclock this morning. Developing now President Donald Trump is vowing to fight on after a federal Court Refuses to reinstate his controversial travel ban. While President Trumps travel ban was in effect, we saw scenes like this at Dulles Airport as
You can catch up with us on social media. A very good monday morning to you it would begin with this Washington Post those quote story. The list of companies dropping products. Major Retail Retailer subsidiary kmart will discontinue online sales of 31 items from the trump home collection. The story noting that in the past week nordstroms, Neiman Marcus and belk stopped selling ivanka trump name brand shoes. None of the companies have directly addressed that campaign called grab your wallet. Their statement suggests that the statement was driven by consumer feedback and how well the product sales. Has hereampaign is their facebook information, encouraging customers. Directing people to the grab your wallet website. Regarding ivanka trumps brand earned a response from President Trump on his twitter page last week. Two tweets about his daughter. The first a couple of days later, he wrote ask those two tweets were the New York Times uses today in the story with this headline ask line with
Low. Kidding, it ist down and today was not a boom day. Alix the fact that retail and apple just got hit was actually kind of impressive. We have to look at coal to look at the damage and that retailers were dealt today. Call was called the worstperforming stock in the s p today and you can really see how bad it was. It is down to its lowest level since 2009. People arent buying apparel, they are not buying clothes, and that has changed the whole retail sector. Macys and gap has their own problems and apple has a similar story. This illustrates really how ugly it was for them today. Low. Y a two year we heard that apples asian suppliers will week and that they really rolled were weaj abeak and that they really rolled over today. It is really anxietyproducing. Joe a little bit of increase in yields across the curve, but not too much going on there. It is sort of quiet like everything else. Scarlet the notable mover in fx was the pound. Actuallymerica had forecast one or two members of t