Retailer tesco to announce it overstated profits by over 400 million. The g20 finance ministers are wrapping up meetings in australia saying they are close to adding an extra 2 trillion to the economy, but the group is warning that europes slowdown remains a major stumbling block. And it is playing out if we take at what is happening with the u. S. Equity futures. Right now the dow futures are down by 28 points below fair value. The s p futures are up by 7 points. Although, andrew, this is an improvement from earlier this morning. Yes, it is. Thank you for that. As joe was telling us, it is a merger monday. Its already shaping up to be a busy monday for deals. Just crossing the tape this morning, germanys merck buying sigmaaldrich. That company is valued at 17 billion. Thats a huge deal. We have both executives from both companies to join us first right here on cnbc and well have that interview at 6 40 a. M. Eastern time. Also, it is official, siemens is buying u. S. Oil field maker dr
Trying to be this morning, and it is a three out of ten in your weather by the numbers, because even after the rain tapers off it, will stay cold. We dont expect to get out of the 60s today, thats how chilly it will be, so here it is, coastal storm, center of the storm to our south. So, were getting the high win, and heavy rain, north and west of the city up in the mountains, where you are getting a break. Heaviest rain, cape may county, moving up toward Atlantic City, atlantic county. Pocket of heavy rain Cumberland County so millville getting soak this morning, down in delaware, we had a loft rain earlier at the delaware beaches. It is getting little better there. So our wind are sustain at about 15 miles an hour, in philadelphia, and 61 miles an hour in Atlantic City, 20mile per hour winds in wild would. And the shore point where we will see the highest wind, heres what you can expect, the heaviest rain over the next couple of hours. It has been raging for couple of hours, weve got
Great faust for the employees of virgin. They can take a vacation whenever they want. Unlimited Vacation Time. Why he thinks this will motivate his staff more, how much Vacation Time would you take if you had the choice . Plus this we have come, say hi, whole family is here, all three of us. My family is here, too. There are six of us, pull it right over there. On good day this morning, why the former cast mates are teaming up once again. Okay. Because theyre good together. I cant wait to talk to them. I know, going to be sun. I so, can we just relate to something that happened to the two of us after the show yesterday . Oh, goodness, what happened . We walk over to this little deli, down the street, i go there every single day. I dont. So i made a purchase. And kerrey and i were having a conversation, so she was standing next to me. And just as were leaving the deli, the woman behind the counter says to you, what did she say . She saysment. Why are you doug . Oh,. Not are you pregnant
3 buildings and to may. We were a little late in doing it but other take place its a matter of financial funds being available and wai waiting for the fiscal year so we are happy that we have their cooperation and they have actually done their clearing now. Just time really for fire officials to say l. In oakland, lawyer anthony abc 7 news. Fremont judge ruled against l. A. Clippers owner Donald Sterling today. The team can now be sold. Fba bans sterling from the league after the racist comments he made to the a female confidant. Sterling wife negotiated a two billion dollar sale to former microsoft ceo steve balmer. Still who headed the trust that opens the team tried to block the sale. Today the judge ruled sterling wife can take over his control of the trust after doctors found had he signed with alzheimers and sterling can not delay the sale judge ruled while he appealed the case. Now fremont teenager is being treated for major injuries after police say he was hit by a car. Sky 7 h
Everyone. Its february 19th. In the wake of last weeks deadly mass shooting at a high school in parkland, florida, students now are taking call to the debate across gun laws across the country. Students from Marjory Stoneman high school are planning a protest. Recent polling from harvards institute of politics finds momentum is building among millennials. 61 of 18 to 29yearolds believe americas gun laws should be stricter. And new development after coming under pressure following last weeks shooting, some Congressional Republicans say they could support some gun safety bills. Take a listen to this. I have no issue with slowing down purchases for people with all the warning signs. What we need is congressional leaders, specifically in my party, to allow these builts to come to the floor for debate. There are a lot of republicans prepared to support reasonable common sense gun safety laws, new laws, stronger laws that protect rights for responsible citizens, people who are responsible gu