Prosecutors want to know more about the General Motors subprime auto loans. Gm is cooperating. Says russia now has 45,000 troops and hundreds of tanks on its border. The ukraine says they are making gains against russian official. Front, the corporate coach investors waiting for a sign of a turnaround and they have a glimmer of hope. Ae handbag maker reported smaller drop than expected, but michael kors is still eating coachs lunch. Julie hyman, what is coach doing right . They hired a new designer almost one year ago and the reception from the Fashion Press has been pretty good. It is not clear if customers will buy it. That will come in the next couple of months. Coach did post a drop in comparable sales of 17 , but 21 was predicted. 7 , butrevenue was down again, not as bad as predicted. For many dominant years and sort of rested on its laurels. The designs were getting kind of tired. That is part of the issue and always a risk when you are talking about a fashion company, whether i
Decline led by apple. Equities following the most in eight weeks. First up, headlines with bloomberg news. The u. S. Ad informed government about the possibility of an attack against the countrys subways. The Prime Minister said Islamic State extremists captured in this country have been planning such an event. The Obama Administration has not confirmed any plot. The business front, nike stock , beating estimates. Worldwide future orders are up 14 . Juststs and estimated 10 . Saul stocks fall for percent. Devices is of the extremely rare. Those are the top headlines. Back to you. Lets get more on stock selloff. Billion as a market strategist, the companys private client group. He comes to us from across the river in new jersey. A tough day for equities. We saw the selling across the board. What does this tell you about the environment . Reminds us there is risk in the environment. More than 1000 days were the market has gone without a correction. We have seen good fundamentals during t
Final game at Yankee Stadium. Some of the highest ticket prices ever for a regularseason baseball game. And forget the skies the next frontier is drawn. From surveillance to some warfare, were looking at how technology might be used. We are keeping a close eye on underway. F all three major indexes down 1. 5 , with the tech heavy nasdaq getting the hardest hit. Story, the newad phones are to be a gold mine for apple. Apple is pulling its ios software update. Crashing muchpps more often and it is starting to show up in the companys stock is, losing 22 billion in market value since the new iphone has been released. How serious is socalled bendgate . How much will all of this cost to fix . Joining us is editoratlarge cory johnson, Bloomberg News therter tim higgins, and ifixit ceo and cofounder who did a showdown on the new iphone earlier. Tell me about your teardown. What did you find, anything that would make these iphones more morerevious generations vulnerable that previous generation
Right e hyndeo is and it might pass north of right monday or behind, and it might pass north of hawaii monday or tuesday. I authorize two operations in toq targeted air strikes protect american personnel, and a humanitarian effort to help save thousands of iraqi civilians were trapped on a mountain without food and water, and facing almost certain death. This is anmistake, escalation of the u. S. Role in iraq. Houseerg white correspondent Phil Mattingly joins me now from the white house. What was the single Tipping Point that led to the . Residents decision u. S. Officials i have spoken to are genuinely surprised at the sophistication and efficiency of the latest Islamic State attack. They felt like they had to react, and you also heard from the president , there is a humanitarian crisis. Tens of thousands of people are spot. Ad it is something the president address last night. Take a listen. Let me be clear about why we must act and act now. When we face a situation like we do on that
At least 3000 systems could be impacted by this vulnerability. We will look into how serious this could be for business and consumers. Drones are not just for the sky. We speak with liquid robotics. This comes as strong package deliveries are about to start in germany. First, apple is firing back at critics who are pouncing on the company after a series of flaws with ios eight and new bendable iphones. Apple says the bending of the new phones is extremely rare, and it has only gotten nine complaints about it from customers. Apple also says it conducts rigorous tests throughout the entire development cycle, and that both of the new iphones meet or exceed height all at the standards. But the stock took a major hit, falling nearly 4 today, dragging most of the nasdaq down with it. Our apple reporter for tim higgins, and the ceo and cofounder who did his own tear down of both new iphones i started by asking him about what he found out in his tear down. When we started taking the phone apar