Good friday morning. John forte is out today but kayla and myself are holding down the fort so to speak. Joining us from washington re codes executive editor kara swisher. Does she have politics in her future . But first up the spt calling on the sec to open up the market for cable boxes. Heres his explanation in an interview with yahoo finance. Its been tied to the provider and you rent it and consumers spend billions of dollars on this every single year and there hasnt been much innovation. Its a great issue. Its a great consumer issue and there hahn been look at those, theyre ugly and second of all theyre expensive. Third of all you don have a choice. I have a lot of boxes i plug into the boxes like an apple tv but it just makes sense. Its like when we used to have to buy the telephone the Telephone Company wanted and it came in white or then it came in white or black or Something Like that. So its a similar situation and a great topic for him. Its perfect for him actually. The blog
Im guy johnson. Francine lacqua is on the other side of the pond. She will be back monday. Two of the biggest names in tact going headtohead today with the launches of new products. Samsung debuts its galaxy s6 and s6 edge, both being launched in 20 countries including the u. S. , u. K. , and germany. Meanwhile, preorders begin for the new apple watch. Take a closer look at this new products. Three new products, i guess. Josh and Helen Smathers managing director. Josh, lets start with you. You got your wrist on the new watch. Premium product . Josh absolutely. Apple is positioned the watch almost entirely as a piece of jewelry. What they want to talk about is materials, the process. This is about as premium as you get in electronics. Guy the whole process seems to be moving upscale. We are looking at a story that is increasingly driven at the highend by lux products with nice material. The rest of the world is not going to be buying this. They are buying middle to low and android phone
Morning. Its heading east. The pilots will take turns flying day and night. If goes as plan the trip will end in mid june. Four u. S. Stops are planned. Here are the big stories today. Apple holding a major press event in san francisco. The Company Expected to offer details on the watch including a high end model that some say could cost as much as 10,000. Well talk more about apple and the entry into the dow in a few moments. A new survey finding the fed to raise rates in the second half of the year. 57 of those polled by the National Association of business economists say uncertainty over the Central Banks plan is no longer slowing the economic recovery. And in europe, its official. The ecb has begun the 66 million a month Bond Buying Program. Scotland Goldman Sachs argues that oil prices will reverse the recent gapes with wti. Likely dropping all the way down 240 a barrel in the near term. The main reason . Global crude inventories are beginning to increase again. We did see that st
Augusta in the last pu minutes. Hell be here in studio. Futures are suggesting well have a positive open. Dow would open higher by 24 points. Nasdaq would open flat by 2. The corporate story of the morning, shells mega deal. Its the Biggest Energy tie up in more than a decade. Seema mody joins us from london with all the details. Seema. Hey becky. Good morning, its one of the industrys biggest deals in a decade. Shell paying 70 billion which represents a 50 premium to bgs Closing Price yesterday. Now the ceo of shell earlier this morning on cnbc europe explained why this deal makes since and how its not a bet on Lower Oil Prices. This is not a bet on the oil price. This deal works in a whole range of oil and gas prices. Of course we still believe in the longer run in a few years time we will see the longterm fundamentals will assert themselves. We see Higher Oil Prices than what we see at the moment and this deal will look not just very good. It will look fantastic. This deal gives u.
April. All right. Anyway, lets go to the number of day. The first part of the day will look different from the second part. Half and half kind of day, five out of ten. Bus stop buddy has the umbrella not for new but for later on. There are a few icy spots, mostly in the suburbs where temps are below freezing. Black isis around. Here comes the rain moving from the southwest, pretty big system that covers a lot of real estate there. We will look in depth at that coming up. You can see temperatures in the 20s at mount pocono, allentown, pottstown, wrightstown, millville, new jersey these are place that he is you could see black ice but we will get to 53 degrees even with the cloudy skies and with the rain moving in have after lunchtime today. That is your fox cast from the weather authority. We will talk about the timing of this rain and how much we will get, and making sure that it is only rain, a all that coming up, bob kelly. That last part very important over there. Get working on tha