We come up with a belt that a conscious the goal of the president and we will take it and move forward with it. We are moving on the tax reform. Lets get to work. The responsible thing, lets get back to work and do what we told the voters who are going to do. We never stopped working. All throughout health care as well we will continue to make improvement. We are planning to move this on the ways and Means Committee in the spring. Maria the drama in d. C. Sending wall street futures indicating a lower opening for averages today. Investors are nervous, wondering when the details come out on tax reform trading on a sixweek low of the dow industrials down to 33 . Expect a decline of better than 100 this morning. Investors really wondering what happens now in terms of tax reform and whether therell be a similar fight on that front as there was in health care. New details on the london terrorist attack at the tear is service what app before his attack. Police cannot get to the messages beca
Galaxy note 7 phone amid all those reports. This is samsungs worstever recall and could cost the company as much as 17 billion. Not coincidentally, apple shares rallying, relatively speaking, top gainer on the dow. John, we sort of set this up in the last hour. Now were starting to put this in context of giant recalls and corporate crises in history. Its difficult to gauge. Smart phone is this unprecedented consumer product, and millions of units, highly profitable. Only a couple of companies in the industry have been able to consistently make profits at it. Apple and samsung. Now youve got samsung stumbling. Equity that could be lost. Google pushing in, competitors at the lower end trying to push up. And its q4. If youve got a premium phone, you can sell it. If you dont, you just cant sell it. How many people shift to a lower profit Samsung Phone . How many people abandon android or how many switch to another android provider . Well have to see. Fte is comparing this to j j and tyleno
Youre looking at live pictures inside the Theodore Gibson center on the kendall campus of miamidade. Why is this significant . Because al gore is making his firstever Campaign Appearance with Hillary Clinton. Were going to take you there live as soon as the two appear. Meanwhile, after two morning fundraisers in the lone star state, mr. Trump is also headed to florida for a rally this evening. It comes on a day where fox news has just changed its projections on the race in that battleground state of florida. Mercedes schlapp dives into these developments and more. Plus, samsung was hoping its highend galaxy note 7 would light9 the world on fire . Unfortunately, it did. Youre looking at pictures of what happened to many of those phones. The company now killing production overall. Is samsungs pain not just apples, but googles gain . Wereless than an hour to the closing bell, folks. Weve got a lot of breaking news here, stay with me. Lets start the countdown. Liz so as you look at the Dow
Folks on that airplane this morning. Connor gillaspie a 29yearold from omaha, nebraska had our household going last night. Up in arms. Excited it take the lead. Take some heat off of the joint because they havent been able to hit. Sal and gasia, the bullpen that the cubs have. And they did it last night. The giants bullpen gave up that two run homer that i thought may be the end but it wasnt. Yeah. We have blown a lot of saves in the season. You had to wait until 11 43 to get there. But it was a win. These guys stayed up. I called it a night around 10 00. We will talk about the giants later. And also i want to mention that the dog whisperer is here. Cesar milan. Yes. And plenty of politics. Another homeless may have been killed in the south bay. The latest victim was found in the parking lot of a Lowes Home Improvement store. Janine de la vega has been covering the story for us all morning long. What have you learned jeanine. Reporter mike, police have told us that the man was found he
Taketogether, it was a recipe for a down day, and that is exactly what we got. The mainly indexes all falling 1 or more. The Dow Jones Industrial average off 200 points to 18,128. The nasdaq declined 81, and the s p 500 was off 26. A shadow was cast over the Broader Market when alcoa reported weaker than expected results to kick off earnings season. The stock fell 11 . Its worst day in more than seven years. And this was the last report for alcoa before it splits into two. Morgan bre dives deeper into the metal companys results. While alcoa reported higher quarterly profits, revenue slipped as the commodity busine continued to face pricing headwinds. But the higherperformin valueadded s that supply the aerospace and Automotive Industries also came under pressure. We have to admit that we are seeing in some of the markets some new challenges. On the aerospace side, were seeing there is huge demand there, and there are problems on the engine side, particularly, and some destocking on the