Sure it helped but we were roaring long before that, thanks in large part to efforts of two brilliant chief executive officers stocks were high dow and nasdaq and much comes to the performance of two stocks, cisco and walmart. Which pleasantly surprised us with their numbers these are both turnaround stories people nothing proves worth of a ceo like executing a turnaround. Doug mcmillon, took over three careers ago and led remarkable revolution at retail giant where 100 Million People shop each week, monster company. First thing he did, drop a bomb. Told us would spend as much as possible to take on amazon, seemed fanciful at the time but said do with service and better paid work force. Understood the weakness was keeping good people. Training new people is dead weight raised price they paid people. At the time viewed as heresy now seen as brilliant. Walmart still run with input of the walton family. They want to win phenomenal 50 online growth this company runs like walmart of old, th
This hearing of the Senate Energy and Natural Resources subcommittee on water and power will come to order. The purpose of todays hearing is to receive testimony on water supply and drought issues. Well hear infrastructure and supply, planning and innovative management practice that are kritd to obtaining secure water supplies. This includes items crucial to arizona such as the colorado drought planning, better use of existing reservoirs. Reliable water supply and drought protection cannot be achieved without storage, infrastructure, management and planning. Its important that Congress Also consider the barriers that local communities face as they plan and pursue new Water Projects. I look forward to todays hearing to hear how state and local policies encourage judicious water use and how permit streamlining and regulatory predictability can ensure all solutions are on the table. Well also hear about innovations in Water Treatment technology and project financing that can help with Wat
Eyewitness News Reporter alexandria hoff is at the Conference Center in olde city, the conference where organizers tell us the potential for profits really is sky high. Reporter even from up close, this appears like any other tech conference because, well, it is. This is an industry like any other industry that wants to operate in the open, that wants to operate with transparency. Reporter Medicinal Marijuana professionals melt in olde city for philadelphias first ever cannabis business conference with the focus on innovation. We provide equipment and solutions lighting. Werlighting. We allow patients to look at existing studies done on cannabis so they can understand how they can engage in that conversation with their doctor. Reporter this is two of more than a Dozen Companies represented today. All have been banking on expanding into pennsylvania and as of april 17th have now pulled the trigger. Marijuana is a tricky industry. Take what happened in new york for example. What happened
I am stephanie ruhle. Friday is here. Not just a bloomberg, everywhere. I hope you are paying attention , not the next two hours your christmas shopping. We will guide you through how and where to get the best stuff. The top business stories of the morning. U. S. Stocks may be taking a timeout. They have been going back and forth between red and green for the first half hour of the trading session after an extraordinary trading session that added more than 4 to the s p. , withp is up slightly numbers like that, it basically looks unchanged. It is a slight positive. Stocks in europe have turned down after being up earlier in the day. And blackberry comes up short in the struggling comes up short. The struggling smartphone maker posts revenue that fell well short of estimates, generated positive flow earlier than promised, but shares are down 9 . We will speak with blackberrys ceo john shannon at 11 30 a. M. Eastern john chen at 11 30 a. M. Eastern. This guy cannot get out of the headlin
Not over there in the rooms, at least in car field. Hes packed with them that dont balance republics deal with the aftermath of the retreat of kias forces securing at band and weapons on the mining explosives, hidden in green with wherever youre catching the program from today. Welcome to moscow, the global news roundup. At ortiz, im, you know, neil, russia and ukraine have separately, inc. Deal on establishing a car, a door for ukrainian grain exports to leave black c, which the agreement was broken on friday by turkish and un mediators in this the bowl with this signing, being seen as a critical step in averting a world food crisis. 3 ports in the black sea you will be on blocked under the agreement. Ukraine will not be mine at sports repeatedly requested by moscow to ensure a safe passage of ships, but instead well escort the vessels to turkey where they will then go on to other international destination. The deal will also see at russia, turkey and ukraine operate a Coordination Ce