Points. S p up by close to 2 points above fair value pt and the nasdaq is up by 3. 5 points. Andrew, tag, youre it. Thank you, becky. We have Corporate News for you this final thursday morning before a long weekend. We should tell you that lululemons founder and advisers, the one that was kicked out, you might recall, chip wilson for those comments about who should be wearing those pants, hes reportedly talking to some private equity firms gauging their interest in a buy out of the yoga wearmaker. The wall street journal reports there is no deal in the works. A buyout would face a number of big issues because the premium that would be needed over the companys 6 billion market capitalization might be too high. But that is what people are talking about this morning. Also, volkswagen denying the report is planning a bid for u. S. Truckmaker paccar. Earlier today. Two analysts, two Research Analysts noted included the head of dominos truck unit saying that he has been told that volkswagen
Last weeks selloff caused the dow to lose all of its gains for the year. You can see theyre up 30 point. Its something. Come on. President obama has a message for Business Leaders. Quit complaining in an interview with economists, the president saying, quote, if you look at whats happened over the last four, five years, the folks who dont have a right to complain are the folks at the top. Bring in todays panel, fox businesss Charlie Gasparino, Dan Schaeffer from schaeffer Asset Management and veronica dagger from the wall street journal. Hes made the wealthy much richer with the runup in the stock market . You know, his condissension to people who create jobs is troubling to me. I met people who met with him, they call him the four ls, arrives late, lectures, doesnt listen, leaves early. Melissa nice thats rough id love to know who told you that. These are ceolevel people who say this. This is his those are melissa bank ceos . Combination of bank and conglomeration Business Leaders. Th
Varney and company starts right now. We targeted al qaedas affiliate in yemen and eliminated the Top Commander of its affiliate in somalia. We have done so bringing 140,000 american troops home from iraq and drawing down our forces in afghanistan where combat mission will end later this year. Thanks to our military and counterterrorism professionals of america is safer. Dave that was president obama last night. He says the nation is safe but you disagree. A new fox news poll out this morning shows 77 saying they think isis is planning an attack on u. S. Soil. Lets get to one of president obamas harshest critics, Dan Henninger of the wall street journal joining us now. Magnificent article called the humbling of a president in the wall street journal. What do you mean by that . What i am suggesting is this is a president , we hardly had a previous president who has had more self confidence in himself, so much so that his Campaign Manager in 2008 wrote in his memoir of that campaign had p
Is. Helpless passengers in the back seat as the uber driver suffers a seizure careening out of control and hitting a pedestrians. Good evening. This accident again raising the issue of more regulations for on demand car services. It happened saturday night on geary street in San Francisco. That aftermath of the accident was caught on camera by a witness t. Sergio is live in the newsroom tonight with the stor story. Well the big question in this crash how does ub other keep tab on the drivers and keep passengers in the larger public safe . This is video of the driver involved in the saturday night crash. You can see Police Pulling up and seemingly daze man in the driver seat. Choke the car and went across. Then hit the pole. Hit the light. Cars. Did he pass out. Reporter according to San Francisco police the 56yearold suber driver had a seizure and lost control of the car. He had 2 passengers aboard at the time. This crash happened on busy saturday night outside of the monarch hotel. Fr
At the scene of a double homicide in san jose. Police are looking for one gunman. It happened about two hours ago at a home on rancho drive in the seven trees neighborhood. Police arrived to find two people dead and a third rushed to the hospital with nonlifethreatening wounds. Right now police are trying to piece together what happened. Follow our twitter feed, abc7newss bay area. Good evening. Ama is off tonight. Now to our other top story. Dr. Stacy addison, is being held after being arrested, strip searched and not charged. She volunteers for sick animals and now she is in need of help. Tiffany wilson is in the newsroom. She is a Drug Trafficking is is suspect. Suspect. It started when she was riding with a stranger. The stranger picked up the package and inside were drugs. Images of an adventure of a lifetime used to crowd her page. Now there are me messages of support. We spoke with a uc berkeley grad by skype. A suspect of a crime i didnt commit. It is surreal. They say the man