And im brian sullivan. Crude oil falling again, and that seems to be hurting your investments today. The dow is down, not a lot, you can see 15 points, crude oil though is down 2. 5 . Many in the market not only watching oil but also looking ahead to Janet Yellens big speech later on this week. And of course were going to let you know everything you need to know about that coming up. Michelle. Hey, brian. Im michelle carusocabrera, heres what else is happening at this hour. Shares of Dunkin Brands up more than 2 tracking their best day since july 14. Automobile driving in the United States hitting a record 1. 5 trillion miles logged in the First Six Months of 2016. Thats up more than 3 from a year ago. Ralph lauren now joining speedo in dropping sponsorship of olympic Gold Medalist ryan lochte after he admitted to lying about being held up at gunpoint in rio. Lot to get through this hour. Going to start with the markets though. Market that no one seems to be trying to beat anymore. Ins
Japanese exports were weak. Not a lot of macrodata on tap. Shares of boeing and gm both higher in the premarket. Better than expected quarterly results. Lamb research buys koa. Western digital buying sandisk, the price 19 billion. Well have the ceo of Western Digital later on the program. And coke reporting a mixed ka quarter. First up, upbeat earnings news from boeing better than expected Third Quarter results on stronger demand for commercial aircraft. The dow component raising their full year guidance and theres gm beating the street with its q3 profit and revenue. Cfo Chuck Stevens this morning on squawk box. A strong truck market a strong suv market is helping, but i think also its our view and our continued focus on driving cost efficiencies and if you look at the material performance and the cost efficiency that we had in the Third Quarter overall about 700 million, a lot of that accrued to north america. I think its seizing the opportunities from a market standpoint but also co
The minimum wage. How much is that in maryland, harriet . Itler i believe right now is 7. 45. Host tell us about your experience. Caller im going to tell you my concern. Because there is going to be more competition in jobs. I am also an older worker. And there is credits given. I am not sure what, but when you fill out your application, they give credits. The government gives credits if you have ever been on welfare and for certain things they give the employer credits. They lower the wage for those people. And we are already and competition. We are getting older. We cant here as well, we cant well, well, hear as can see as well, and we cant compete as well. We cant live on social security. We didnt even get a raise this year. Host lets get a Quick Reaction to her experience from kendall fells. Guest i agree. You know, we have some politicians down in florida that took what the workers called the minimum wage challenge, which was essentially politicians trying to live off the weekly s
Tyler is out today, but as i mentioned, brian is live in l. A. They there, brian. Reporter hey, mandy. Happy friday. That comcast Time Warner Cable deal is off, disconnected, if you will. Comcast is the Parent Company of this network and it is ending its deal to buy Time Warner Cable. This is following regulatory scrutiny. Our ceo, Brian Roberts, on cnbcs squawk box earlier today saying it is simply time to move on. So where did it all fall apart and what now . David faber joining us with more. David . With its deal to be acquired by comcast no longer on the table, one of the key questions is what does Time Warner Cable do . The company will be report earnings next week well see how good they look and whether or not, of course Charter Communications, which had pursued Time Warner Cable so much so that it found itself in the arms of comcast eventually will come back to try to do that. Charter, for its part finds itself without any of the subs it expected to be taking in. Whether through
3Chopt Investment Partners LLC bought a new position in Mastercard Incorporated (NYSE:MA – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,738 shares of the credit services provider’s stock, valued at approximately $1,168,000. Several other institutional […]