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More details coming this week on each of those offerings and content buys as a crowded space competes over hit shows like seinfeld and the Big Bang Theory not to mention their own original content joining us to discuss, lara ipho and laura martin good morning, guys, good to see you. This is getting crazy. The price tags for some of these shows that are decades old is this a reasonable chase of content right here its war, and war is on were seeing just the only skirmishes theres going to be war on content, billions of dollars will be spent. Distribution, the studios against the Tech Companies everyone will go and shoot against netflix with its 150 million subs, 190 countries, distribution, its a war of attrition. How are we going to know who the losers are i think we know who losers are because the marginal price of streaming services is free. Apple is going to give you a dev ....
Sara eisen. Good morning. Happy holidays. Happy holidays indeed getting closer to christmas morning. Thats trading on the markets. Well come in in a moment. Travel alert things slowly starting to come back online at atlantas heartsville jackson. More than 1,000 flights were delayed or canceled. The timing couldnt be worse well have more on that in just a moment first, lets get a check on the Global Markets this morning. Weve got green arrows really across the board as u. S. Equity futures point to a higher open dow futures are up by triple digits right now indicating an open at 138 points higher. S p 500 futures poised to open 14 points higher the nasdaq poised to open 51 points higher. This, of course, after record closes for all three of those indexes on friday as everybody is sort of focusing on tax reform and whether lawmakers will pass that through before christmas this week. Absolutely right. Fridays section slightly flat on ....
Here is what is happening at this hour. The Labor Department says there were 5. 4 million jobs open in the month of august. That number a little bit lower than expected. Hurricane nicole gaining strength as it heads towards bermuda. The storm not expected to turn towards the United States. Mercifully. And stocks are slightly higher as the street awaits those fed minutes that brian just mentioned. Right now, the dow is up 40 points after yesterdays big selloff. And speaking of the fed, just one factor in play in todays session. The election. Another as investors turn their attention to those socalled down ballot races. Congressional contests that are coming up in about three weeks time. A little more than three. Were going to hit the story from both sides, eamon javers, lets kick it off with bob pisani on the floor of the new york stock exchange. The market appears to believe ....
Ceo, the move effective taking over the top job at the big bank is current wells fargo president , tim sloan. The big shakeup at one of the nations biggest banks follows the highprofile fake accounts scandal. Wh the bank is alleged to have opened as many as 2 million bank and credit card accounts that may not have been authoriz wells farg paid a 185 million settleme to address the charges, but has since faced public outrage, and an angry congress. Shar rose in afterhours trading on the news. Dominic chu is following the wells fargo s for us this evening. Dom, good to see you. How much of a surprise was this announceme this announcement may have come as a surprise to some people, but given whats been happenin with stumpf, with chief executive john stumpf and appearance he made on capitol hill, the grilling, the questions he has taken over these practices that have perhaps showe some of the fraudule type activs that some of their bankers had been a part of, allegedly, in this whole proce ....
Ceo, the move effective taking over the top job at the big bank is current wells fargo president , tim sloan. The big shakeup at one of the nations biggest banks follows the highprofile fake accounts scandal. Wh the bank is alleged to have opened as many as 2 million bank and credit card accounts that may not have been authoriz wells farg paid a 185 million settleme to address the charges, but has since faced public outrage, and an angry congress. Shar rose in afterhours trading on the news. Dominic chu is following the wells fargo s for us this evening. Dom, good to see you. How much of a surprise was this announceme this announcement may have come as a surprise to some people, but given whats been happenin with stumpf, with chief executive john stumpf and appearance he made on capitol hill, the grilling, the questions he has taken over these practices that have perhaps showe some of the fraudule type activs that some of their bankers had been a part of, allegedly, in this whole proce ....