the right person to lead the turnaround we ll be talking to former ge vice chair bob wright. the father of nbc universal. he ll join us live here at post 9. get his take on the outlook for general electric and conflicting reports in the last hour about whether the senate tax bill will include repeal of the obamacare individual mandate we have senate finance committee member pat toomey here to tell us what s going on, and what other changes have been made in that bill. we ve been getting conflicting reports on exactly what s in that bill. we ll get it directly from senator toomey. is the rok uru run over stock pulling back after the 125% gain in just the past 3 days a debate on whether this streaming stock has run its course or just taking a breather right now. but we start today with big moves in retail. as companies like dick s sporting goods and tjx fall after reporting their results this morning courtney reagan joins us with a roundup of what s driving those stocks
washington with a lot more. we are less than 24 hours into this stunning news of president trump firing james comey, the fbi director, who is leading an investigation of the trump campaign and trump associates over ties with russia, which, of course, interfered with our election. we saw just a few minutes ago that the two leaders in the senate, republican mitch mcconnell and democrat, shuchuc schumer took their roles. what we have now is our democratic colleagues complaining about the removal of an fbi director, whom they themselves repeatedly and sharply criticized. that removal being done by a man, rod rosenstein, who they repeatedly and continually praised. chuck schumer, the minority leader, had a different view, as you would expect. i will be requesting that the majority leader call a closed, and in necessary, all senators briefing with the attorney general and deputy attorney general separately at which they can be asked questions. but beneath those two famili
i m wilfred frost. the longest winning streak for the dow and s&p since february. the dow up about 0.2% as is the nasdaq, the s&p just behind that. materials and utilities leading the gains while telecomes and financials the worst performers. intuit, mattel and nrg energy better than expected earnings. dupont is leading the dow on news there are changes to the dow/dupont post merger plan. and ge around session lows following the presentation by the ceo jeff immelt, worried about the neglect it tiative im an accounting change. here is what else is happening this hour. five house democrats are asking deutsche bank for information on president trump s alleged russian tries. maxine waters and four others on the house financial services committee want to see any information the german bank may have on dealings the trump administration had with it. the nba says it will play the 2019 all-star game in charlotte, north carolina. this comes after the league moved this year s game awa
corruption verdict. that verdict is going to be closely watched in south korea. markets are waiting with bated breath, on the fed speakers at jackson hole. be payingen will attention to tomorrow here in the u.s.. there were some jitters in the markets. ceilingk about the debt rattling investors. the dow off 30 points. off 1%.aq also s&p down 2/10 of 1%. the declines are there but not as much as you might expect. most investors are on the sidelines awaiting janet yellen and her comment. yes. we are pushing pause. talku can say anything to down that rising euro. in asia, prettier than brawl wall street. we have rallied for eight of the past 10 sessions. it has been a decent two weeks but we are flat for stocks. the kiwi, two days of losses. spikes may continue to exit if we break below 72. we are just at a whisper from that now. and markets not going anywhere. we have been stuck in this tight range for three months. mostly we will see any kind of breakthrough. 79 for the au
attack by the president-elect. it s tuesday, january 17, 2017. worldwide exchange begins now. good morning. welcome to a very special edition of worldwide exchange. i m sara eisen. i m wilfred frost. we re coming live from the world economic forum in davos, switzerland. this week it s the annual gathering of the global political leaders, ceos, bankers and decisionmakers. as u.s. president-elect trump prepares to take office friday. among our guests this morning, we have the ceo of society generale here. and we have jacob frenkel. we will talk geopolitics with ken rogoff. ian bremer joins us as well. so many big stories to talk about. a forum of international leaders, ceos and global elite. starting in just about ten minutes time, president xi jinping, the leader of the biggest communist economy in the world will address a whole load of corporate leaders, likely to back up the argument for free trade. in three days time, the new leader of the biggest capitalist e