Contentious battle whether students and teachers should return to classrooms. Correspondent peter doocy with the president strategy. President biden revealed how he plans to back up big talk to get 300 million americans back say numbing vaccinated. Thats 100 million more doses of pfizer and 100 million more doses of moderna, 200 million more doses the government has secured, not in hand yet, but ordered paid we expect 200 million more doses to be delivered this summer. President biden said for the next several months masks and the vaccines are the best defense against covid and things are going to get worse before they get better. The president and his team have been working around the clock over the past six days to make meaningful progress on vaccinating as many people as possible. Looking at the first 100 days, President Biden appeared to raise that to the bar. I think will be able to get that to 150, 1. 5 million per day, rather than 1 million per day. President biden wasnt raising
Commuters, but the earnings may be tough this morning. Futures as you can see are mixed as have the averages been over the past several days. The tenyear note a touch higher than it was at this time yesterday. And as for europe some mild weakness in the uk and in spain. Our roadmap this morning goes, well start with coach. Shares of the luxury goods maker down big in the premarket after samestore sales in north america plunges 13 year on year. And ibm is not looking too good. Down on earnings. The tech giant reporting revenue below estimates for the Fourth Quarter in a row and due to weakening demand in part in emerging markets. A lot of people facing a nasty commute after a massive winter storm dumped over a foot of snow across the northeast. Left temperatures hovering near zero. Well go live on the ground to see just how bad things are in a moment. But first up, coach reporting weakerthanexpected fiscal Third Quarter results and comps down 13. 6, and it said its been hurt by substant
Settlement with the department of justice, 4 billion of which will be a fee to the government. Results,of the earning adjusted earnings per share 1. 24 beating the average estimate of one dollar five cents. One dollar five. Cents. 1. 05. Net interest margin is the money on loans increased to 2. 87 but that appears to be a myth to what analysts were looking for. They were hoping for 2. 88 . Michael corbett is making comments. Commercial and industrial loans continue to do well as the economy recovers. They want to reduce operating expenses. We continue to lecture that any talks about the Significant Impact of the settlement on the net income because we know that from the 7 billion settlement with the department of justice, there was a 3. 8 billion dollar charge on citigroup. The Second Quarter, net income was 181 million for the period. Revenue beat analyst estimates in the earnings per share number also beat analyst estimates. I will look for the Capital Market numbers coming up. To in
Stuff out of him as usual. Is interesting to hear from the other side of this debate, even if i dont tend to agree with it. Its good to have a voice and put a face to it. You become that voice for the 1 . The most controversial thing he said was that rich people should get more votes. One would argue that they do. We will look at an interesting story. Ways to find new media. Nteresting new publication jeremy talked about his amazing story he has written about, how technology is driving the decisions of the nsa in ways they never have before, perhaps exclusively providing content for decisions about drone strikes. Nsa gathered cyber material, drones making the strikes, humans hardly involved at all. We talked about that story and the publication as well. The founder of ebay, this part of his News Organization he has founded. Our top story is twitter. Insiders will be able to sell their shares for the first time tomorrow, saturday. Its the timing here it after trading today is when they
Before the financial meltdown and the great recession. Unemployment fell in august to 5. 1 , and have a look at this that is the lowest rate since way back in april, 2008. Employers added 173,000 jobs last month, less than forecast but healthy. Anthony mason now on whos hiring. Reporter you can see the signs of a strengthening job market at hightower, a commercial Real Estate Technology company in new york. C. E. O. Brandon weber started the company with two partners just two years ago. In the last 18 months alone, weve added 50 jobs just here in new york. Reporter jobs that typically pay well, in the upper five figures. And webber says the pace of hiring is accelerating. But a lot of that is a function of, can we find the right people . Reporter good jobs are back, according to a new study out of georgetown university. Of 6. 6 million jobs added in the recovery, the study found 2. 9 million, or 44 , are good jobs ly, pay more than 53,000 annually, most with benefits. Almost all these