Is a very busy hour. President trump vowing action to protect meshs children is the debate on gun safety enters the new phase the president holding a listening session any moment with students parents and teachers involved in some of the worst Mass Shootings in modern history. The focus, improving school security. We will take you live to the white house when this begins. And the white house also releasing its assessment of where they see the economy heading, the Administration Says its confident the president s tax cuts will spur huge growth over the next couple of years, but nancy pelosi is still on the attack, her new comments this afternoon slamming the tax cuts after she got heckled for being rich when she called them un patriotic last night. Well lets get back to these markets i mean we are of course waiting to hear from the president in that group at the white house but look at what happened in the markets just in the last few minutes of trading. The dow earlier today had spiked
Pictures but his pump is working overtime. The basement of his rental had more than three feet of water in the basement. A lot of the water ended up here at the woodstock trailer park. Tonight, residents like jr are trying to figure out what to do the last fame for Hurricane Sandy we left we got robbed while we were at the motel. Reporter a wet night and a long, soggy day. Some people were able to pull out but its not over yet. Right now, weighing options. Reporter jr actually just approached me here and said hey, i have been sharing bad news with you all day, i got to share good news, my wife, his wife, was in the Grocery Store and approached by somebody who offered to pay for their hotel room tonight. They are in a unique situation because they have a special needs child. There is also a shelter set up at a local school for other residents in this community here. For more dramatic video and pictures from whats happening here in woodstock, visit the nbc4 app and search virginia floods
Hitting the stock, costcutting, threat of dividend being cut. We have everything you need to go going into the report plus full coverage and also of the Conference Call, we will bring you that as soon as it hits the tape. Coming up, plus broader markets this morning looked like this, futures indicating another rally higher after last nights budget vote, this market will not quit, up 100 points at the open is what we are expecting this morning. In europe gains across the board as well. Take a look at major indices in europe, ftse up a third of a percent. In asia, overnight, markets taking a cue from the u. S. , higher, shanghai in china up, hang seng up better than 1 . New concern for flyers to report, faa warning that laptops and checked bags can cause explosion and calling on airlines for ban of laptops and the ratings are in. Consume ir report out with most reliable cars, only one brand cracking the top 10, thats buick, we will tell you who top it is list coming up. Plus victory for
Milk tastes better or something. The ways tech is disrupting the multibillion dollar ag industry and pretend im brian when i say this, im udderly insane power lunch starts right now. I pretended you were brian so well i rolled my eyes. Lets take a look at the markets this hour. The dow clearly under pressure but the nasdaq higher once again, up for a fourth straight day and for the 12th time in 15 days helping the nasdaq. A big move for shares of amazon. Com. That stock is hitting fresh interday record highs. Check out some of the movers right now that were tracking for you. Sonic 5 . Restoration hardware soaring about 13 on its earnings beat and optimistic forecast and dave and busters down 3 earnings beat but same store sales missed that mark. Brian . I think theyre a bunch of bull and you milked them for all theyre worth. Im brian sullivan. Here is what else is happening this hour. Boston fed president Eric Rosengren calling for four rate hikes. Sales rebound iing to their highest l
Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Severe weather hammering the southern u. S. And forcing people to take cover this morning. The worst of it was in louisiana where a tornado flipped a mobile home, killing a mother and her 3yearold daughter. The state is on alert. Hena daniels is here with the very latest. Good morning, hena. Good morning, annemarie. They have confirmed it was an ef1 tornado with 110mileperhour winds responsible for the death of a mother and her young toddler. The storms are now taking aim at alabama and other parts of the southeast. In vicksburg, mississippi, families were rescued in the middle of the night after being trapped in their homes. Families carried out their pets and whatever else they could. Oh, my gosh. Thats it. The Severe Weather across the south has been raging for more than a day. At least ten tornados have been reported in the last 24 hours. Heavy rains, high wi