Rbs is spinning off its american unit, citizens financial first trade this morning. And in retail, bed, bath beyond sharing purchases. That stock surging in the premarket. And say hello to walmart checking. The big boxs largest foray into banking is here. But first, want to get to david with breaking news this morning. Thanks, carl. Were delving into the soap opera that is allergan. This morning we can tell you that salex pharmaceuticals, a company i previously reported on and told you allergan is in talks to acquire, has another potential suitor now in the name of actavis. In recent days, theyve reached out to salix, indicating its interest in acquiring the company. I want to stress these are early stage discussions between the two companies. They have not gotten far down the road there in contrast to it the Allergan Salix discussions, which have been going on for weeks. According to people who know whats going on, they tell me its slowed in recent days and sort of hit something of a
So lets try to work this out. I think we can. Again, ive got a whole list of reforms here ill be glad to talk to anybody about. Appreciate the work done, appreciate you gentlemen. Were going to work this out and make it better. Yield back. Thank you. Mr. Delanie. Thank you, mr. Chairman. I want to thank all the witnesses for joining us here today. Mr. Wilburn, captain, thank you. Mr. Anderson, i want to thank you in particular for joining us and for bringing so many of your colleagues. Delta is an important and iconic company. I think you all should be congratulated for the great work youve done positioning this airline in such a successful business. The fact that all your colleagues joined you hear today is a reflection of the good culture of the airline and your good leadership. I just want to make it clear that i think what youre doing is terrific. My question is actually more of a factual question. Perhaps unlike my colleagues i dont know the answer to my question before im asking
Ignored again . Thats why we thought this problem was fixed last time. And then we worked over the course of the last two years to try to get the reforms that both sides of the aisle enacted. Lowell braynard told me they were not going to interact with the subsidies right across in the treasury department. In the meantime while we wait for reform to be implemented and find out its not going to be implemented, how many jobs will we lose in the interim . Were going to lose thousands. Thats why our position has changed. Last time, we thought we had it fixed. Now our position is if theres not a stop on widebody financing for stateowned. I appreciate that, mr. Wilburn, what youre doing, i appreciate your service as well as your entrepreneurial spirit. I just have one bone to pick with you. I know you say youre a free markettype of guy. I think you said i pledged my collateral, you can only pledge that once. And i get that. But i guesses that the way the free markets work. If i have an idea
Security forces move into forcefully break up things. Time for stocks now, as we do every 15 minutes. Laurence simon that he there. The next catalyst will, about 15 minutes from now. Stocks in the red across the board. Eight points away from session lows. Macys is the number three loser on the s p 500. They cut their outlook for the year. The air are also saying that the consumer is pulling back on discretionary items. Adam the New York Times is under cyber attack. The website went down earlier today. It is still not in service. Elizabeth macdonald is following the story. Cheryl good to be with you. The corporate and media site has been down for more than an hour. The next message you see here. It has resulted in the email and website being down. We are hearing from sources that this could easily be a bot not attack. It was thought to be related to the military in china. At that time, they are was now where that was installed. We will be tracking the story throughout the day. He recent
Country. Department of labors tracking entrepreneurs. As the president was implementing his spending agenda, that agenda that took us from record high deficits of the bush administration, to record deficits three times higher in the Obama Administration. The number of new establishments, entrepreneurial activity, for the yearending march 2010 march, 2010, was lower than any other year since the series began. Since they began keeping record, mr. Speaker. In 2010 under this administrations stimulus policies, entrepreneurial activity was at the lowest level in america since we began keeping records. I dont mean at the lowest level of people succeeding. I mean the lowest level of people trying. The lowest level of people trying, mr. Speaker. What does it mean about us . What does it mean about our future when we have beaten the enthusiasm to try out of our people . Frightened it out of our people. Mr. Speaker, thats not just a department of labor report. We talk a lot about that. What is i