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Transcripts For CNBC Squawk Alley 20180111

A onetime cash bonus to eligible employees walmart says it will expand maternity and parental leave benefits been a couple years since they took wages up. Before a lot of their competitors, took it to 9, now to 11 when youre talking this many workers, it gets your attention. I think we have to be careful, though. 1. 5 million workers in the u. S this wage hike from 10 an hour up to 11, thats nice, but walmarts wages are that low to begin with and weve been wondering for a long time with the tightness in the labor market when are the increases coming starting wage, to be clear. Not every worker makes that, but walmart is infamous for having workers on public assistance, so how much praise do they deserve, plus this 400 million worth of bonuses, which is great, one time, but lets not pretend this is some huge, amazing, generous thing. Theres been a lot of criticism of this company for underpaying workers for a long time. But some money is better than no money, right . Yeah, but you need

Transcripts For CNBC Squawk Box 20180111

Live from new york where business never sleeps, this is squawk box. Good morning welcome to snark box. And whats new about that andrew is off today sitting in with us for the hour is Peter Boockvar, editor of the boock report very clever. Well done. Boock report yes i like it also a cnbc cribber we have a lot to talk about. Lets start with the u. S. Equity futures. Rattled rattled. Dow was down by 16. The s p was off by 3 nasdaq down by 10. Its the first time the nasdaq and the s p have fallen in 2018 it had a sixday winning streak up to that point well watch things this morning. Right now modest advances with the dow futures indicated up by 20 points. S p up by 4. Nasdaq up by 7 well see. Still early in the session well see as we head towards that opening bell what will happen overnight in asia, stocks in hong kong closing higher for the 13th day in a row, extending the record rining stre inwinning st index. Shanghai up by 3. 2 the dax is the biggest decliners of europe, down by 0. 2

Transcripts For CNBC Power Lunch 20180111

One of the worlds biggest crypto markets may ban trading altogether we are all over it power lunch begins, right now. And welcome to power lunch. Im melissa lee. We are around session highs now. The dow, nasdaq, s p 500, across the board, green, nasdaq seeing the biggest gain up 0. 7 of 1 . Transportens hitting new record highs. And hitting 70 first time in three years. Crude just under 65 a barrel. Movers, delta higher on earnings, raising 2018 outlook thanks to the effect of tax reform dfc systems a pop. Software provider bought by a Technologies Company for about 5. 5 billion and xerox up by 4. 5 on reports its in talks to strike a major deal with japans fujifilm melissa, thank you. What else is happening at the house. Epa says fuel economy in new cars in the u. S. Expected to hit 25. 2 mimes per gallon in 2017 vehicles the Senate Banking Committee Votes next week, second time on the nomination of jerome powell. To be your next Federal Reserve chairman. More on the deadly mudslides

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