Here the shares are down 8 right now. Thats not even the biggest point decliner in the dow. Which goes back to how low its share prices got. Exactly. At this hour the Senate Finance committee is beginning to mark up its tax reform bill well tell you whats at stake there and what could be the most contentious issues between the house and senate. Meanwhile, amazon is reportedly considering a freemium option for prime video. Wel n will netflix make a similar move lets get to our top story today, the big decline in ge shares Morgan Brennan has all the ugly details for us morgan reporter hey, bill, yeah, so ge cutting its dividend in half. Its only the third time since 1899 its cut that payout, this is the first time its done it notscenario. Thats only part of the story here big part of why these shares are falling 8 is the updated guidance new eps numbers for 2018 expected to be 1 to 1. 07 a share, reduced by half since the previous target and lower than consensus estimate 6 billion to 7 b
Streets pull back as oil prices slideand tax plan jitters target targets holiday forecast, Brian Cornell joins us exclusively. The General Electric slide, continuing to sink premarket now down more than 43 this year stocks are poised to open lower after the dow and s p posted a third negative session in the past four, concerns about slowing growth in china, weighing on Commodity Prices and crude under pressure after the International Energy agency lowers its Oil Demand Forecast jim, weve got the same jitters about high yield and then of course inflation has run hot for a couple of days. I come back and look at the bureau of labor statistics number that came out real average Hourly Earnings for all employees decreased. 1 . So i think theres a lot of faux worries here china has been okay the whole time, remains okay these wage numbers tell me were okay and oil went up on turbulence and middle east problems and goes down incredibly wrong i think were churning what matters is we keep impor
Simple care at the va theyre doing this in lieu of formal press briefings. We wont have a Sean Spicer Press briefing today. The va secretary will out line what the plans are to make things right. A lot of critics are out there. Well hear from a former va whistleblower, ongoing whistleblower, who says that the agency is dragging its feet. Whether that guy is to blame is anyones guess. This is coming from dr. Shulkin, they are moving rapidly to address these problems. Take a look. Many of these challenges i will talk about today have been decades in building and they have spanned multiple administrations. And this is the time for us to really address these chronic problems that have affected veterans and in many ways harmed veterans and their families not dealing with issues so i will tackle issues head on. Neil sometimes to add insult to injury, reports of half a million applications for medical help were denied or simply thrown out because of mistakes on the application. This comes cou
So, what if a marijuana facility gets approved for your community . Many residents in the area where permits are pending just arent clear about how dispensaries, growers, and processors will be regulated. With me now to help us understand how the program will be rolled out in pennsylvania is william roark. Roark is cochair of the pennsylvania bar Associations Committee on medical marijuana and hemp law. He is also the chair of the medical marijuana practice with the law firm hamburg, rubin, mullin, maxwell lupin. Roark helps clients comply with pennsylvania medical marijuana laws. Welcome, thanks so much for joining us. William roark thank you for having me. Lauren now, you recently took a trip out of state to do some research about how this works. Tell me what you found. William sure, and i love the word research. It encompasses all sorts of sins. I went out west for a trade show, and what i wanted to do was try to see what was in the cutting edge technologically in states that have d
Fbi investigated the alleged communication. Were on it for you. Plus four republican senators say they can not support the bill in it is current form, the Health Care Bill that is, here is the thing. No bill you know will ever be perfect. No bill can possibly undo the damage down by obamacare to the health care and an our health care system. It is only getting worse. Will republican lawmakers work out their differences . Well talk about it. President trump expressing serious concerns over the makeup of special counsel Robert Muellers team. Here on the Intelligence Report weve been saying this all along. Weve been raising concerns. Ive been concerned. I dont know why mueller cant go out to find impartial people for this investigation . Do you need to have a guy who is buddies with james comey . Does he need a team that basically has a bunch of people that have donated to democratic campaigns and Hillary Clinton supporters . Well talk about all of this. First i want to go to adam shapiro