Position 8 years ago i know how it feels coming into a new situation, that the other bias to won election what did we do we confirmed seven cabinet appointments the day president obama was sworn in. We didnt like most of them either. But he won the election. I am optimistic that we will be able to get up to seven nominees on day one just like we did 8 years ago. Maria latest on hearings this hearing, suspects Deadly Florida airport shooting due in court today, Esteban Santiago facing several federal charges, he could face the Death Penalty if victoried the very latest there, details in robbery of Kim Kardashian French Police reportedly arresting at least 15 people dna traces connected them to october robbery of the star all details coming up. Another enemy, twitter, the harassment claims got embattled former ceoat spend from twitter. Fall out as limited announces closing all 250 stores all of them, markets this morning, about looking like this could this be the day for dow 20k futures
Good tuesday morning, welcome to squawk alley. Were here at post nine of the new york stock exchange. Top executives from the big three auto makers meeting with President Trump. Were monitoring a number of hearings. The president at this hour also expected to sign new executive orders at this time. Phil labeau is in chicago. Were expecting to see the president at the top of this hour sign a order related to the Keystone Pipeline. We just had the auto ceos mark fields gave the reporters his reaction to the executive order yesterday on tpp. We have been very vocal as a industry and a company. And we repeatedly said the mother of all trade is manipulation. And tpp failed to meaningfully deal with that. Mitch mckonld said he will be here this afternoon. They are going to meet with the president and talk about a Supreme Court choice to fill that vacancy. Thank you for that, speaking of moving parts, what a day in the auto sector today. Yeah, lets go back to what President Trump spoke about
With the Alameda County jail seeking to have the jail notify i. C. E. Pride to mr. Pedrazas re prior to mr. Pedrazas release so the agency can take him into custody. He will be arraigned at 2 p. M. Kiet do, kpix 5. Some major changes to immigration policy sparked in part by a highprofile bay area murder case. Attorney general Loretta Lynch announced yesterday that in sanctuary cities like San Francisco, i. C. E. Will now detain Illegal Immigrants with pending cases. An illegal immigrant is accused of killing kate steinle on pier last summer. He was deported five times of and let go by the sheriffs department. The new sheriff said last month she wanted to see the citys sanctuary policy revised. I still have not decided what that would be. And my changes have to do with limited notification. Very limited. And im not sure how thats going to work out yet. Attorney lynchs testimony also included stopping the flow of federal granted money that would normally support Community Policing effort
There. The stock already the worst performer on the dow over the past year and now one of chinas most powerful businessmen says the company is outdated. Cnbc asked an industrialist about apples future. He is ringing alarm bells. Translator in china, can you see that apple has already begun to lose the rapid sales growth momentum. One of the most Important Reasons is that apples innovation has become extremely slow. Two apple analysts join us now. One is bearish on april well a neutral rating for all of last year but three months ago but a buy rating on the stock. Guys, great to have you with us. You know, one of apples latest innovations is the apple se. But some say that make shift could present problems for apple when it comes to margins and average selling price. There was this interesting stat if, 10 million customers chose to buy an se instead of a 6s, that will put a pressure on margins. How much for apple Going Forward . Yeah. This will have some impact on apple. At the same tim
Melissa it is day one of the new health care law. From the looks of it, things havent been going so smoothly. The muchhyped government exchanges debuted with major glitches with people trying to sign in and find out how much the new system would really cost them. Here to tell us firsthand how it looks from the insurers point of view, pat garity, the largest insurer of the sunshine state. Pat, do you know how many people signed up with you today . I know we had tremendous volume across all of our portals. So i dont have the final numbers but there was a tremendous amount of interest out there. Our phone calls were up. Melissa yeah. We had foilings coming into our Retail Centers at about 30 higher rates than previously. Melissa anecdotally, that is what it seemed like from here. If you look across the wires and other reporting services it showed a lot of people logging on to try to get information but getting bogged down along the way and not getting to sign up. Do you know if anyone was