The store that once adopted t the industry is being turned upside down. The bankruptcy is among the largest ever by a specialty retailer and could usher in changes to the companys nearly 1600 stores. Kate rogers is at a toys r us in paramus, new jersey. I dont want to grow up im a toys r us kid reporter despite the Wishful Thinking in the commercial, we all did grow up. When you look at retail, the way its being portrayed in the market right now, its under siege. There are some retailers that are challenged. Toys was in that camp. Reporter when consumers are turning to online, the company says it plans to restructure 5 billion in debt. It planned an initial Public Offering in 2010, then reversed course in 2013. Then it closed its Flagship Store in 2015. This wasnt always the case. Toys r us grew from 350 stores in the 1980s to more than 1600 stores around the globe today. But as shoppers turned to the web, amazon is stealing market share. While the toy industry grew 5 in 2016, amazon e
The proceedings from today are to be published and moreover potential to be discontinued by policy makers and advocates and consumers as part of the 2017 political agenda. Todays event is open to the press and is being live streamed and televised. For those who are not physically present, im told you can join in on twitter also using the votefood2016. There are also twitter handles were available for the speakers on the biopages. Please help us keep the conversation on social media and dont forget to add votefood2016. Oscar cabrera, executive director, sarah roach and allyson and alissa. Thank you to them. Welcome to georgetown from the Oneil Institute and it is my great pleasure to introduce to you as the next speaker david vladeck. David. Prof. Vladeck thank you very much. [applause] good morning, everybody. We have a busy day ahead of us and wonderful potentialists, before we get started, i want to point out that ive been slided, everyone else is the honorable and im not. So i wonde
18,000, less than a 10th of a percent. As of the down three points, nasdaq higher 0. 1 . The jobs impacting tomorrow and the isn manufacturing report, and all sales which do not show positively. It is 39 now are you have a 1 move for the major averages. David they are looking for that day by day. Lets look at some notable company lagging today. We start with campbell down after the organic Foods Division not reporting sales in line with what the company hoped. We talked yesterday about their inquisitive nature of the next few quarters, down 5 . Cosco down, sales down 1. 3 . We see it now 3. 3 percent. Looking at solar city, also down , and tesla. A notable loser, concern over cash burn. 70 of cash on the Second Quarter from 2015 and 2016. Vonnie and the oil is low. After four sessions, it seemed like wdi dropped 8. 8 . It is down more because it is leaving desk even further now. The Russian Oil Ministers seeing no need for Production Output cap. That is affecting things. David now lets
Off on what was a relatively unambitious to do list. At the top, the Immigration Crisis along the u. S. Southern border. Something republicans have been railing ab ing ing about for we. And pulled its modest 659 million emergency spending bill before a vote because it was facing strong opposition from conservatives. This is what House Speaker john boehner had to say earlier in the day about the border money. Doing something is better than doing nothing. Reporter the fate of a funding bill for highway and transit projects was uncertain. As president obama signed yet another executive order to work around congress, he blasted lawmakers. Think about how much further along we would be if congress would do its job. Reporter one thing lawmakers have been doing, fundraising as they try to bring in as much cash as they can before the Fall Campaign season. Karen travers, abc news, washington. More than a lot of good news coming out of Congress Late last night they did approve a new u. S. Ambass
A 52week high in france and germany. Our road map this morning begins in washington where fiscal cliff negotiations according to the times has collapsed. At least for now. With less than a month until the deadline, who blinks first if anyone . Goldman takes dell from a strength to a buy. Is it time to look at the stock and maybe even other players in the beat up personal computer sector . Manufacturing data out of china. Not bad. 50. 6. Thats the highest in seven months. Although shanghai again trades lower even europes pmi improves a touch in november. First up, were one month away from the fiscal cliff and so far the white house and Congressional Republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. Yesterday our own jim cramer and Maria Bartiromo were on meet the press and cramer had a message for fellow panelists and father of the antitax pledge, Grover Norquist. Most ceos are republican. Theyre on board. Theyre not on