Were going to tell you about the new drug trial results weighing on that company today. Guess how it went. Well, it went well for someone else yeah. Exactly. Box office blues Movie Theater stocks are getting crushed again today. Six superheroes cant even save those shares being very opaque here but well explain coming up in a little bit. First, breaking news, just this afternoon on fed chair janet yellen, our dom chu has more on the story. All right, so guys, Federal Reserve chairman janet yellen will be leaving the fed completely in february and this is what some fed observers say is no real surprise. Fed chair yellens term as chairman expires in february we know this and President Trump has already made his pick to be the next fed head thats current fed governor Jerome Powell, of course, pending confirmation by the senate there had been some speculation around the notion, perhaps, yellen would maintain a presence on the fed board of governors since her term adds a governor of the cen
Sentiment. Weak pc demand sending revenue down 5 . But they buck the trend. The turn around strategy pays off as it defies a slow down in china by targeting the high end of the market. Welcome everyone to the show. Shares in apple fell in after hours trade after investors ignore the quarter. They focus on weaker than expected forecasts for revenue in the Fourth Quarter and there were some other reasons they turned sour on the stock. Iphone sales came in at 31 billion with shipments 3 billion below estimates. They also bundled other devices. The tech giant would only say june sales were higher than april or may but the lack of detail left some analysts speculating over the success of the newest gadget. The Earnings Report is also weighing on tech stocks here in europe. Investors are also shrugging off a 32 rise in Second Quarter profits from chip designer arm despite earnings being broadly in mind with expectations. Simon cigar spoke to cnbc earlier about a possible apple takeover. Ther
People have reported weapons, fighters. Libya has a history of exporting fighters to syria through turkey. It was flush with weapons. Nato flooded libya with weapons. Uae, qatar, they flooded libya with weapons. The arms caches were liberated. They went turkey into syria. We were more encouraging of it than stopping it. Why . S a said needed to gop hes an evil man. But we called the book one of the things that mubarak, kwa dar fi i need to give him credit for that. I was talking to him about libya and talking about libya and keeping the radical jihadists down. Kind of like keeping the lid on the garbage can. Mubarak, gadhafi, assad, they were imperfect, but they kept the lid on the garbage can. They were concerned and fighting radical jihadists. We created an environment for radical jihadists to grow, embracing the Muslim Brotherhood. Its not just over there. Were completing a report and were going to be putting a book out often this as well in the near future. We not only have embrace
The committee will come to order without objection. The chair is authorized to declare a recession of the committee at any time. The hearing is the annual report of the bureau of consumer for natural protection. I now recognize myself for three minutes to give an Opening Statement. Not that we need a reminder, but if theres one thing that the president ial campaigns of both parties have shown us, that the American People are indeed angry. They have a right to be angry. After seven years of obamanomics, they are suffering through a failed economic recovery. Americans are even angrier though at having their lives increasingly ruled by out of touch washington elites. Every day they see their liberties slipping away as washington grows more larger, more distant and more arrogant. As Thomas Jefferson warned, they are sending swarms of officers to harass our people. The poster child of jefferson is the cfpb. Its director, our witness is, neither elected nor accountable to the American People
Consumers. Our Enforcement Actions have based on careful and thorough investigations and most have identified deceptive practices by the parties involved. During this reporting period, the orders entered in our Enforcement Actions led to approximately 5. 8 billion in total relief for consumers victimized by violations of the law. These consumers are located in every one of your districts nationwide. Were also working to provide tools and information to develop practical skills and help people understand the choices theyll be making to manage the ways and means of their lives. Our ask cfpb resource provides guidance to inquiries across the entire spectrum of consumer finance. Our major moment in time decisional tools include paying for college, owning a home and planning for retirement. We developed the new partnership with the Financial Services round table to Work Together on Financial Education in the schools, in the work plates and on behalf of older american which is proving to be