Get ready for the worst moments of your life. [ sighs ] lemonis and the Company Still doesnt understand just how much trouble theyre in. The reason were going through this process is because youre being accused of fraud. If i cant help them face reality and find a way out of their jam. You sort of just make up numbers. David im not making up a number, so lets go back to lemonis youve made up numbers the whole time since i met you. This Cookie Company will crumble. Rachel [ voice breaking ] this is too much pressure. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Im headed to compton, california, to the manufacturing facility. And after watching her video appli
Overall, stocks are moving slightly higher ahead of the opening bell. Remember, this is a shortened day of trading because of the july 4th holiday. The market closes at 1 00 p. M. Eastern for the fourth of july. We are remembering an icon in the Business World. The ultimate salesman of all time, lee iacocca, has died at the age of 94. Hes best known as the father of the mustang and for saving the company chrysler. Well have much more on his impact throughout the morning. Varney company starts right now. David President Trump is changing the annual fourth of July Celebration in the Washington Mall thursday. It will include a flyover by military aircraft, more fireworks and the president will even give a speech of his own. The president is already tweeting about it. Quote, our july 4th salute to america at the Lincoln Memorial is looking to be really big. It will be the show of a lifetime. You can bet on that. Joining us is brad blakeman, former Deputy Assistant to george w. Bush, and so
Vix at 16. Jpmorgans point this morning was typically, you have the s p down two plus maybe a dozen times since covid. Couple of those were in the depths of covid but generally, its when the vix was about 20 unless we get a shock, maybe the selling is going to end soon if youre looking for why today, theres a slew of reasons. Started overnight in china with weaker Economic Data across the board even though we got a rate cut there, which should be supportive top data in the u. K. And in the u. S. , the data was mixed retail sales, a lot stronger but markets quit trying to figure out whether good news is good or bad news is bad because it keeps the feds hiking rates higher for longer that 1 control group number that feeds into gdp, thats something people were talking about for a monthly gain that was double the expectation and signals the consumer is still in good shape even though we got new York Manufacturing going back into negative territory and showing a lot of pain there you see go
You have the nasdaq up by almost 9 treasury yields are a little weaker t tenyear yield at 4. 814 . And openai will have a product Conference Announcement today. Sam altman said they will not launch a Search Engine, but working hard on new stuff they think people will love and feels like magic to me according to people close to the information. This Technology Rolls Image Recognition into one product for advanced Voice Assistant and separately or maybe not separately, you will see how things are coming together apple nearing agreement to use openai and its technology on the next generation iphone to allow apple to offer the chatbot as part of the features that are coming next month. The big issue there, by the way, to understand all of this, openai is now processing all of its queries in the cloud apple, for privacy reasons, is to query all with siri and on the device processed on device. The question is going to be is there a clever way with some of the Openai Technology ends up being
sunday service the royal mail says it will trial sunday deliveries for the first time, to cash in on the boom in online shopping as it plays catch up with rivals. two wins and two draws for british sides in the europa league. more magic from harry kane leaves tottenham with one foot in the quarterfinals. and ever changing skies across the uk today. thundery showers, bit of sunshine, the odd rainbow. iwill have yourfull sunshine, the odd rainbow. iwill have your full forecast here on breakfast. it s friday march the 12th. our top story. the family of sarah everard have paid tribute to her as a shining example to us all who brought so much joy to our lives . a serving metropolitan police officer is still being held on suspicion of murdering the 33 year old. the force has referred itself to the police watchdog over how it investigated a separate allegation that the same officer indecently exposed himselfjust three days before sarah went missing. charlotte wright has the lat