For the country and the economy with ian bremmer who says we should be thinking in terms of three years. Plus, well speak with Kevin Durants Business Manager about the lockdown of the sport. 59 minutes left of trade iing. Lets focus on the big stories mike is tracking todays Market Action near the highs of the session. Phil lebeau watching boeing dragging down the dow. David faber covering the executive shake up at at t and kayla on the latest round of government stimulus. Mike, first you on what were seeing slight gains, still lower on the week an upward drift here in the afternoon, but as you suggest within the range, obviously just consolidating r very, very big really historic magnitude of a rally we saw during march. April rather weve come right here, 28 20s is an interesting level in late summer its kind of rushed up last summer we were afraid of some kind of perhaps tipping into a mild recession. Here we are looking at a vastly worse recession. The earnings picture is very opaqu
200,000, and you figure, well, i should be grateful, right . And i dont know whats happened to you, but its not the Stuart Varney that i always knew. [laughter] stuart i believe ive taken up 50 seconds of your show. [laughter] neil you have, you have. Stuart or stuart just remember, neil, come on, something is better than nothing. And if the votes were there for acrosstheboard major tax cuts, major tax reform, im right in there. But the votes are not there. Neil maybe the votes are there for a simple majority. But if you make a supermajority, maybe youre right. But i just think youve already tipped your hand and said, all right, this is what we have to settle with, and the other side is saying, oh, weve got varney. You have huge influence, mr. Varney, across the world. Stuart thats not true, thats not true [laughter] neil and they see you blinking. Stuart ive now taken up 90 seconds of your show. Neil all right. Lou dobbs wanted me to pass this along concern. [laughter] love that. Real
Retracement of the iphone in his book the one device. This year is the tenth anniversary of the iphone. Hes interviewed by New York Times reporter steve lohr. Host brian i read your book as a true creation story. One is apple has seen the turmoil that they went through to what ends up as the creation of the iphone. That is the history of the creation of each one of the technologies and those stories are knit together. Why did you take that approach and take us back to the start of the book project itself. Guest yeah well so the idea for the book really kind of began with the stark realization that the phone had integrated itself into its own life and the life of my peers. It was something i really didnt understand particularly well. I, you know a lot of us have that moment i think when we are abruptly and suddenly forced to go without it for a second in this case i was in a cab. When i was retrieving it, i was standing in light at the dmz and i had jettisoned my responsibilities for th
Im Courtney Reagan. Stocks trading again in another fa narrow ray but another high. A volatile session for oil. Saudi arabia and three other countries cutting ties with qatar raising concerns about supplies. More on this as oil prices fall. And whats moving. A major cancer conference under way in a number of biotechs rallying as a result. Loxo and puma among them. Herbalife down 6 of its latest outlook. Brian . Here is what else is happening this hour. Csx shareholders approving a proposal to reimburse 84 million for arranging the hiring of a new ceo hunter harrison. The ceo of mantle ridge, by the way, is the vice chairman of the board for csx. In the skies the good times continue to roll. Airlines globally are collectively raising their profit forecast. The Industry Group that represents more than 200 Airlines Says the profits should top 31 billion this year. Thats about 1. 5 billion more than previously forecast. And the Supreme Court scaling back the s. E. C. s power to recoup prof
The thing that integrated into my life and the life of my peers was something i really didnt understand particularly well. I, you know, a lot of us have that moment, i think, when we are abruptly and suddenly forced to go without it. I lost it in this case; left it in a cab. When i was retrieving the phone i was standing in line at the dmv and of course, i immediately put off the meetings at work and any other obligation. You just get your gone back. That is what you do when you lose your phone. It started gelling in my head. What is it about this one device that gives it this power . There is very little else i can imagine being forced to do such a thing. And as i sort of resolved the kind of digging into this and pealing off screen and seeing it more as just a Consumer Product i sort of started to realize there were there stories. There was the history of the phone and how it was developed at apple. That was carefully guarded by apple and the corporation. The other side of the story