Ten states are beginning to work on plans to open parts of their economy. Maybe in may, the fed launches a commercial paper funding fa s t facili facility there is an argument that calls for stocks to retest are fading. I thought yesterday was an important day with the dave kostin change. I did a lot of work, help with larry williams, about how many times when you have a 50 retracement or more, we have a retest the answer is almost never i think theres a lot of people coming on someone came on the air this morning and said in every single case you have to have a retest. Thats completely untrue if you bounced up 50 beginning last friday thats what we did. A lot of people say this thing is based on large cap companies. Thats what we do. Were not trading luncheonettes here thats not to the detriment of luncheonettes. Were not trading hair salons. Thats not the way it works. We trade Large Capitalization Companies that do better than smaller ones in this environment. Thats life. Is it fair
The phone that he was giving up. There was a threeminute incounter i would say. They said they loved each other and at that point mr. Tyree said he was going to surrender, his words, to come out. Reporter but just before noon six hours after the standoff began, he came out shooting. It appears given the way the man chose to die that what happened here may have been a matter of death by cop. Steve langford, cbs 2 news. Garland tyree has a long criminal history. According to investigators, he has 18 prior arrests and had been in and out of prison. He had been on probation since last summer. A newspaper clip he posted on instagram shows he was arrested in the 1990s for the shooting death of a neighborhood rival but was convicted on a lesser charge. And that firefighter injured in the shooting is recovering at Richmond University Medical Center on Staten Island. Thats where cbs 2s Christine Sloan joins us live. Christine. Reporter thats right. The lieutenant firefighter is here at this hos
Week of losses, sell everything. Im out of there, baby. Much more on microsoft and great interview with former microsoft ceo steve balmer in just a bit. A propitious day for that. To the developing story, surrounding at t and time warner. It seems bigger is better once again. At t down a little bit, by about a dollar. Time warner moving up by 9 at 9076. David faber working the phones and is here with the latest. What are you hearing, david . Developing is the right word and things are developing very quickly. In fact, so quickly that you could see a deal announced as soon as, lets call it shortly. Will it be as soon as monday . Hard to say at this point. But the point is that after what appears to have been actually months of some conversations and certainly work on the part of some advisers, these two companies are close to inking a potential deal that would actually meantime warner would be owned by at t, a dramatic move for at t as it builds on what already was a large deal when it
After five months of fighting. Apple is going to toughen up security after the hack of celebrity photos earlier this week. Iphone and ipad users will get email alerts if anybody tries to change the password or login from a new device. That ruling in the gulf of mexico oil change may wipe out years of rockets at bp. A federal of profits at bp. A federal judge ruled that bp was grossly negligent when it comes to the oil disaster. They may face another 18 billion in fines and penalties. After the all important jobs report. Wall street anticipating that a strong report. How strong does it need to be to keep the bond market the bond rally going . Fed will note the change its policy anytime soon, even after weve seen betterthanforecast economic numbers of late. Economics editor mike mckee has our preview of jobs. Its amazing that, after numbers weve seen, we are still sitting here with a 2. 45 10year rate. That cannot last. Start with car sales. The highest since june, 2005. You need to buil
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