nasdaq announcing they will be open tomorrow for regular trading operations. more on that coming up. melissa: one week until election day how will the northeast impact boating? neil cavuto will join us later in the hour. breaking news. hurricane sandy. you want to tell us where we are going? let s go to robert gray who is standing by in new york with more on this. robert: thanks very much. fluid situation out here, but we grab colonel paul owen with the u.s. army corps of engineers. thanks for joining us on fox business. talked to was a little bit about the situation. you are surveying lower manhattan and had a look around more of the city before we grab you here. how is the situation after the storm last night? doing remarkably well dues to the city prepared this and the state preparedness. they have done a great job building the infrastructure in order to withstand that tremendous storm we had last night. a historical storm. robert: you have been around a lot of these sto
explain. first we start off with a big one-two byun punch that took stocks down, blame it on first the feds and major development on capitol hill. for more on that story, we go to john harwood. mellissa, we had up with of those moments today when the markets suddenly recognized something that had been fairly obvious from political events here in walk for some time. it came when the house speaker paul ryan said this. we will need more time to do tax reform. the house has a plan t. senate doesn t quite have one yet. they re working on one. the white house nailed it down. even the three entities aren t on the same page yet on tax reform. now, here s how we got to this point. remember back in february when president trump was just newly in office, and he said he was going to come out with a tax reform plan within a couple of weeks? well, that never happened. subsequently the house said, well, we don t think they re going to use they re not going to have their own plan. we
the story of a neighbor s collapse. venezuela massive street demonstrations, three dead. the socialist president maduro says the time for come back has arrived. it s destabilizing the region. what should america do? send in the marines, send food? let them sort it out themselves? we re on it, and what exactly are we allowed to smoke. on the day that new york city bans tobacco sales in some stores and tries to put up the pack of cigarettes to $13, thousands of people will light up a joint in public. it s marijuana day, 4-20. come to this, tobacco increasingly expensive and outlawed and marijuana increasingly accepted and getting cheaper. varney & company is about to begin. a disintegration of venezuela, once a wealthy country, sitting on the biggest oil reserves in the hemisphere, now a socialist dictatorship and falling into anarchy. look at that. e-mack, what s this about the seizure of a general motors plant. liz: yeah, affecting 2700 workers. the judiciary in venezue
performing dow component over that time. so the big question for apple investors right now is, doubling down on retail enough to reboot this struggling stock? kick off the discussion with brian sullivan and michelle ka russ russo-cabrera. there s sliding glass doors, 6k video screen and the eyes probably can t pick up. trees planted along its customer support section inside. there s also a public plaza open 24 hours a day. free wi-fi and live music. apple retail chief says it is not about evolving store design. but creating a community for customers and visitors. but as sounds nice. sounds gorgeous! as tyler mentioned, should apple bet big on retail instead of focusing on the next big product is? joining us is contributor jan niffen and john fortt and january, what do you think of this move? apple is good at retail. good enough move? it s not like they can t do both, right? it s the next great store and they have to have the next great new store and now they loo
his ideas into the democratic platform, but what impact will that have on the economy? former white house economic adviser laura tyson who served under bill clinton will join us coming up. and one thing both the republicans and democrats seem to agree on this election is breaking up the big banks and bringing back that gla glass/steagall law. we have somebody who says glass/steagall is not to blame for the financial crisis. let s start with apple s big reveal on earnings coming up in about an hour, hour and a half. josh lipton is joining us now. what is the street looking for, josh? bill, let s just start with estimates for the bottom and the top. so analysts are going to be looking for eps of $1.38 on revenue of $42.1 billion. now, that would represent drops of 25% and 15% respectively. analysts think apple sold 40 million iphones in the quarter. that would be a decline of 17% as that company deals with just tough comps and fans, of course, waiting for that new iphone