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Prices and lack of demand. Oil is up about 2 amid more tensions with iran. That countrys foreign minister is threatening allout war in the event of a u. S. Or saudi military strike. Meanwhile, facebook chief Mark Zuckerberg heading to capitol hill today, trying to promote his vision for moderate internet regulation, as antitrust investigations are heating up. Plus, we have news on a possible isis connection to that mechanic who tried to sabotage an American Airlines plane. And Major Tv Networks are saying no to advertising ecigarettes. Varney company starts right now. David first to washington, d. C. , where midlevel china trade talks are kicking off today and they seem to be having a positive effect on the markets. The Dow Jones Industrial went from ne ....
Some gains at the open expectations are high for the chip makers results after the bell watch apple. The midst of a sevenday win streak with a gain of nearly 13 so far this month. Lets begin, though, with target down sharply on this Quarterly Earnings miss and a sales decline. The retailer did say customers cut their spending on discretionary and grocery. Company did reaffirm fullyear guidance, jim. They guided comps down and came in 3. 7 when you talk to brian, hell be insistent that this wasnt anything that you should find unexpected the thing that im struggling with is he talks about the consumer, in tepid terms walmart didnt walmart told about a consumer thats in good shape and price rollbacks. We didnt get price rollbacks from target until this week. So, im beginning to wonder whether target is out of position versus walmart. Where walmart is really starting to walmart plus represent a bargain. Walmart can also subsidize ....
Issued a winter advisory until 10 00 this evening because initially this is going to start as snow in these counties here. It will transition over to a wintry mix, sleet and freezing rain and eventually go over to rain as some milder air works its way into the area. As of now temperatures are below the freezing mark of 32. Bethlehem 32, lake harmony 22. Colder stuff out here to the west, but numbers are above freezing south and east thats part of the wn why theres no advisory for new jersey and delaware. As we take a look at future tracker here, the snow line will continue to lift to the north as the day wears on. This is just a cold rain for the immediate philadelphia area today. Accuweather says cloudy and damp this afternoon with rain developing around midday and a high of 44. Ill have much more on this with the timing and the accuweather 7day forecast all coming up in about 10 minutes. Thank you. It is finally super bowl sunday. The eagles will take the field in about nine and a ha ....
If people have not checked out Virtual Reality, they showed. We are getting to the point of, the Science Fiction maybe our classes for kids will be in Virtual Reality. Maybe all discussions and conferences, may be charlie rose will be in Virtual Reality. A lot of prospects. Before we see those sciencefiction futures, we will see more massmarket adoption of a movie thing or technology thing. Charlie entrepreneurship for the hour, next. Charlie jeff bezos sounded amazon in 1994 out of his garage as an online bookseller. Today, it is one of the worlds most valuable companies, he is one of the richest in the world, second to bill gates. Their ambition is to sell everything to everybody. Well beyondached their retailing roots. Amazon web services is the leading compa ....
Camera yet . Could this be the key to the companys turnaround . We will hear from the ceo. First, to our lead. Apple is already facing production delays for the topoftheline iphone x. The delays come to two problems with the 3d sensor manufacturing process. Reports say makers of the components using facial recognition are struggling to reach adequate production levels. Bloombergs alex webb gave us the details. Alex what we know from the report yesterday, there were problems with the three sensors. That is causing delays. The wall street journal cued off that. They dug into it more. The sensor which projects the infrared interface which maps your face for the apple 3d facial recognition system that apple has. We dont know the extent to which how many phones are on the shelves. Emily to what extent do we know how all of these things are going to impact supply . Alex going back to the start of september when apple unveiled the phones. The iphone 8 and the iphone x, as far as i know, they ....