Brexit might look like. President trumps political future among the topics front at center at bloombergs forum in new york. When you added together, i think what it leads to is not a recession, but a slow down growth globally, which is what we are experiencing. Carol more on that ahead. First up, here is editor joel weber on this weeks cover story. This is one of the hallmarks of businessweek, these strategy stories that we sometimes do. It is a look at how mcdonalds has been thriving for the past five years or so. Share price keeps going up under the ceo. In the past six months, he has really doubled down on tech. Carol that is something that i did not realize. He has made a bunch of acquisitions in ai, Voice Recognition technologies. Earlier this month was his latest. What we are seeing is mcdonalds transitioning from being a Fast Food Company to looking more and more like a tech company. There are cameras at drivethrough that can scan your license plate and maybe even remember what
And more importantly what you should be doing or not doing around it. We begin with big breaking headline shares of Johnson Johnson are higher after an oklahoma judge ordered the company to pay 572 million for its role in the National Opioid crisis however, that number, 572 million, far less than some expected meg tirrell is live outside the oklahoma courthouse where that decision was handed down less than one hour ago. Meg . It may not sound like a positive headline but j j stock is not reacting that way the judge found Johnson Johnson accountable for creating the states opioid epidemic, saying it created a public nuisance but they were ordered to pay 572 million. Now, the state had asked for 17 billion over 30 years. Now, that 572 million accounts for one year of what they call an abatement plan to try to fix the Opioid Crisis here in the state. Theyre saying here in the 42page decision that the state didnt provide sufficient evidence of the amount of time and cost necessary beyond y
A Health Square for minnesota governor mark dayton. Get him to the ground, please. He collapsed while delivering his stateofthestate speech yesterday. Fawn alive, three puppies pulled from an Italian Hotel burried by avalanch, giving rescuers hope of finding more survivors. Were told that the puppies parent escaped the avalanch and that were found in the valley. Thats good. Puppies and their mom and pop altogether again. Thats good news. Lets get over to katie. Good news coming further down the forecast today, looks like still little bit more of the same as yesterday . At least it is a lot more improved than it was from yesterday. We do still have showers, do still have wind, but nothing like what we saw yesterday. Not going to be battling these pocket of real heavy rain, also, not going to be battling the snow that we saw up in the mountains, so we could still some precipitation up that way, in fact, still finding it on storm scan3, we take a look at the to, this continues to rotate t
Hillary clinton will capture the white house tomorrow. It is the best day for stocks in eight months. But the question here is, are investors getting ahead of themselves and should you sell this election rally. Guy, what do you say . Im inclined to say you fade this move because it takes us back to levels in may of 2015. This is a 2130 level. What was support becomes resistance. And does that mean it cant trade another ten handles higher . If she wins, people will say she might not be as friendly towards the market as a mr. Trump, for example. And i think this rally we saw gets faded. And brings us back to where a week ago when we had the first fbi letter. So im not sure that todays rally necessarily was a predictor that Hillary Clinton will win. Its just a the odds are back to where they were a week ago. So i wouldnt read too much into that. Although im with guy in that, if Hillary Clinton wins, im not sure economic policies are that great for the market and economy. The other puzzlin
Were lowinger taxes. Taxes are going way down. Were going to allow trillions of dollars to pour into the country that are right now outside of this country where people and companies what. To bring it in and well get rid of the tremendous numbers of rules, regulations. Donald trump reaching 12,037 delegates, the number needed to clinch the nomination. The likelihood of a Trump Presidency is as real has its ever been. The stocks, the sectors that will do well under trump, which will not . This is a question everybody across america is asking that tonight. Its a 50 50 shot. This is an absolute coin flip he could be the next president for better or worse. We talked about this, the potential for him to be president saying how the market would collapse. My push back would be the knee jerk reaction would be i agree. You talk about funds which exactly is what he talked about, trillions of the dollars coming back put into infrastructure would be bullish. So i think the knee jerk would be lower