Now investors, well, they like all of this, apparently, new records for stocks across the board yesterday and those high levels will be held this morning. No retreat maybe a marginal gain again. The improving vote count for tax cuts does go down well on wall street. Theres another huge black eye for uber, they were hacked. Information on 57 million customers got out, uber delayed a year before telling the world and they spent a 100,000 bucks to keep it quiet for so long, thats not good. As you can tell, we cover it all, Varney Company is about to begin. Dote, wait up. You have to stay with me, boy. You dont know where we are. Stuart well that is the latest, it is a blockbuster from pixar, its called coco and being released today, however, the chief creative officer at pixar studios john is taking a leave of absence amid Sexual Harassment allegations. Does this mean the next pixar movies will not have the creative impact . Ashley that could be the case. If its long term, the could have
Today, number two, 60 million worth of bitcoins were stole from a Bitcoin Wallet. Bitcoin is not immune to hackers and once they are gone, you cant get them back, think about that. Politics, senator franken will make a statement on the senate floor today, lost support of most fellow democrats, will he resign, dont know. Will he respond to Sexual Harassment charges against him, we dont know that either. When he speaks, you will see and hear it. Veterany company is about to Varney Company is about to begin. Note stuart lets get right to it. Story of the day, Southern California wild fires, ashley, what do we have . Brutal santa ana winds which would fan the flames from fires, now the National Weather say not quite as bad, gusty but not 80 miles an hour. They had to shut down with 101 freeway. Thats the ventura freeway, they cut it down, essentially cutting off northbound traffic from heading to santa. Barbara a from ventura. You can see northwest of downtown los angeles, four major fires
Today. I lost count of number of record hit since trump took oval office. Got to mention bitcoin. Talk about volatility . Up and down thousands of dollars per hour, right now the price top of the screen in the middle, 15,575,000 per bitcoin. Got it. Politics, you will hear the words due process a lot. Two highprofile departures for alleged sexual misconduct. Trent franks, arizona republican, he asked two female staffers about being surrogate mothers. He is out. Harold ford, high level wall street guy. He denies harassing a woman but he has been fired. Well update the disasterous california fires for you in just a moment. Varney company is just about to bin. To begin. Stuart more on the solid jobs report. Look at this, the Southern California wildfires. Wild indeed, ashley. Ashley six large wildfires burning 140,000acres. We had a new one break out near the san diego area. It ripped through a retirement community. These are like trailers. Golf course there. Dozens of homes burning. Peop
Futures up 50 points before the incident, then we dropped to a minus 35 minus 10, now pretty much a recovery, we are up 40 points at the opening bell, there was no impact at all on bitcoin, that is about as volatile market you can get no impact, futures trading began yesterday on cbo global marketplace started 15,000 as there are now the price is around 16,000 dollars. Of them bitcoin perhaps gained some respectability now that traded on established Exchange Price action huge up and down moves, it is i believe you the latest highly Disruptive Technology vote alabama tomorrow pols suggest roy moore has small lead active sport of President Trump if elected faces immediate ethics investigation by senate but cannot be denied his seat. Yes, it is a very big day, two weeks before christmas, Varney Company is about to begin. Explosion in Port Authority, are a of new york city, earlier today and liz following it. Around one of a. M. , the incident possible pipe bomb strapped to suspect now in
Benefits of tax cuts of bonuses, higher wages, more hiring in more investment. Its the great corporate pass through. More announcements are likely. Tax cuts showing positive economic results. Democrats are still making some very dubious claims. For example, nancy pelosi says raises taxes on 86 million middleclass families. That is factually wrong. It is dishonest political spin. The left plans a yearlong allout attack like about when you just saw. Investors clearly approve however the tax cuts and what theyll do for economy for wages jobs and investments. Stocks going up this morning. We dont know how the market closes this afternoon, the president and his top economic adviser both talking up the market today. It will open high gear. Later this morning, Congress Holds a tax plan signing ceremony and you will see it. Varney company is about to begin. We will start with this. A white suv plowed into a crowd of pedestrians in melbourne, australia. We want to know who did it and are the au