All that and more tonight on nightly Business Report for monday, october 6th. Good evening, everybody. Im bill griffeth. Glad to be back. Im in for Tyler Mathisen tonight. Im susie gharib. The big news today was about the big breakup of hewlettpackard announcing plans to split the company in two after ebay. It will focus on its personal computers and printers, the other on the fast growing corporate i. T. And technology. Investors rushed in to buy hp stock sending shares up nearly 5 . Josh lipton has more on the reasons behind the split and whats ahead for the two companies. Think internet scale with billions of users and devices. Hewlettpackards Ceo Meg Whitman used to argue that the companys business lines worked, in her words, better together. Not any more. Now the company is splitting in two. One company, which is going to be called hp inc. Will be devoted to printers and personal computers and led by an executive in that division. Whitman will lead the other company which will be
Its the buzz story of the morning. Heres the question blowing up on social media. Take a look at this dress. What color do you see . Bring that closer. I saw gold and white. What do you see joe. Gold and white, yeah. If you think it is a simple answer just try polling your friends and family though. Some say gold and white. Others say black and blue. This whole thing started yesterday when a scottish musician posted a picture of the 77 dollar off the rack dress on tumblr and then it went viral. It broke the traffic records viewed 21 million times and counting. Celebrities sports stars and many others weighing in on social media as well. Kim kardashian tweeting what color is that dress, i see white and gold. Kanye sees black and blue. Who is color blind. Well tell you what taylor swift and others have to say later. Thats our lead. Thats interesting. Whaen when are we doing the llama story . Both of these stories make me think it scares me. That were talking about this too. Yeah. But fir
Outbreak . We speak to the companys ceo, coming up. Also lyft you know, lyft are raising another 150 million right now, the majority coming from carl icahn. Coming up well discuss how much this cash and icahns name can help lyft compete with uber. More of those puns are awaiting us. The story today, bill that has everybody talking from Silicon Valley to back here on wall street. What are carl icahns intentions and what does it signal about the prospects for these two in the markets . Exactly. The dow, well start with the blue chips there, up about 3 points. The s p roughly flat. Remember yesterday with the close of 2121. That was a new alltime high for the index. The dow is still 30 points away from where it needs to be. 18,288 is the number we need to keep an eye out for. 33 points shy at the moment. The nasdaq slightly under pressure and still has a few points to go as well if it wants a new high water mark. This is the third friday of the month, therefore, it is expiration day as we
Youre watching Worldwide Exchange, bringing you Business News from around the globe. All right. Hello. Welcome. Weve got two hours of the good stuff coming up. Were here at work today. Thats the good news. Im still here today and tomorrow. I love working with you, ross. But yesterday i got to work with louisa and we talked hockey the whole time. How do you beat that . You dont. Working with louisa is an unbeatable experience. Ice hockey . No, field hockey i can do. Field hockey . I dont know. The canadians, we dont consider that you should. We have lots of fun stuff to talk about today. Lots of politics still. It is day two of the u. S. Government shutdown and there appears to be no quick resolution in site. How republicans tried to get three bills passed tuesday to fund certain programs, National Parks and operations for the district of columbia. But the measures, which needed a twothirds majority vote all failed. Democrats and president obama opposed the piece mail strategy. Aids say
2. 64. Our road map begins with with the fax shutting down for the first time in 17 years. 800 federal workers furloughed. Merck cutting an additional 8,500 jobs, aiming to reduce annual operating costs by 2. 5 billion. All of that. Plus more and mad moneys big milestone tonight. First, the federal government has begun a Government Shutdown. 800,000 federal workers will be furloughed today with national parks, smithsonian, museums, most federal offices closing. We mentioned what gold is doing. Why how is the market trying to arbitrage this, jim . I think this is one of the crux of things. Europe is getting stronger, japan had some good things. Futures percolate, this morning they were up 8 and now theyve been cut in half. As theyve been cut in half people say this is a great opportunity again, ill sell again and buy lower. And up opening in the face, this, theres a lot of people who think is going to be resolved by friday. I was with my friend who say do not believe this is going to be