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
am saying. we look at a lot of the supporters to come with us. maria: breaking news out of france. police nurture life into man who had taken group hostage in a church. one hostage killed at the latest development coming up. in somalia, at least 10 people killed in a car bomb attack near the airport entrance. the islamist group al-shabaab has claimed responsibility for that attack. and the u.s., the wildfire in southern california growing rapidly. 10,000 homes forced to evacuate. investors today watching the earnings. that is a big rig business. mcdonald s and apple today giving an inside look at the health of the consumer. markets edged lower. the kit features indicating a fraction of lower out to this morning. the federal reserve kicking off a two-day evening. home prices, home sales and consumer confidence today setting the tone for markets. markets are mixed. take a look as you can see the ft 100 but the cac and the dax in germany done fractionally. in a shack on the next
david: this is not the first time mr. krein has not that s had to come out mr. cryan had to come out and say we are ok. alix: it is not a liquidity issue, it is a confidence issue. that will be a key point. david: we have a lot to talk about. a terrific guest to help us. we are going to be speaking live with stephan engels. plans to cut almost 10,000 jobs and suspend dividends. we will be joined by steven ratner. by steve rattner. the place for the record the race for the white house. first, jonathan is here with the market. jonathan: features here in the united states, a little bit with, but the spillover the ftse down by .9%. it it is concerns of the house of deutsche bank continues to grow. deutsche bank down almost 9% and one point. we are negative for on the session so far. bloomberg dollar index about .3%. it is risk off and commodities. w ti and brent soft. what we have seen, safe haven bids. poor government bonds perform well. yields lower right across the cur
oil is nearly unchanged. we begin with janet general on the hymn, day one of congressional testimony. the market awaits any change in interest rate policy. disney and time warner both report earnings but fail to catch a bid. yes, earnings were beat. most stocks sharply lower. we ll fill you in. trump-sanders taking the state t. race moves on to south carolina and nevada. but first up, we re less than an hour away from general s spy annual testimony on the economy and monetary policy. this morning, she ll appear before the house financial services committee. tomorrow, of course, the senate banking committee. in her prepared remarks, she says financial conditions have recently become less supportive of growth and a lower path of fed funds rate would be appropriate if the economy were to disappoint. but she adds, she still sees moderate growth ahead 245 would allow the fed to pursue gradual rate increases. we will bring you live coverage at 10:00 a.m. eastern. she talks abou