Power lunch starts right now good day, everybody the three averages bouncing back just a bit from yesterdays selloff and three days of declines the latest inflation data fueling some gains despite those gains, the dow is on track for the worst weekly decline since april. The s p 500 on track for its biggest weekly drop since march. Check out the transports, they are on pace for their best daily performance in a month youd say maybe its a little mixed picture. Fedex, rider systems, avis, budget leading the way. We begin with a stock not doing it right investors are losing 20 of their money again today and that continues a run of pain that put the stock at a 45year low Courtney Reagan is here with more on whats hurting the company. The stock reaction for j. C. Penney and other stores has been more severe for several reasons. They had run up 20 since the last reports we did get trends so some sell on the news here but sell because big industry head winds are still very much alive for this
Tgi tgif. 4 00 a. M. In the United States, 11 00 a. M. In moscow. President trump going further, much further in north korea than any u. S. President has gone before. Escalating his combative warnings to pyongyang and criticizing past administrations for not doing enough to curb north korean aggression. Not only is he not backing down from his threat to unleash fire and fury, the president says maybe he didnt go far enough. The people that were questioning that statement, was it too tough, maybe it wasnt tough enough. Theyve been doing this to our country for a long time, for many years. And its about time that somebody stuck up for the people of this country and for the people of other countries. So if anything, maybe that statement wasnt tough enough. The president added he is concerned sanctions wont even work against the regime. This one day after north Korean State Department media said a plan would be formulized within days to launch missiles toward the u. S. Island territory of
Glor and pop korean music stars. This is the cbs evening news with jeff glor. Glor and this is our western edition. Good evening. We are going to begin with the surprise announcement tonight at the white house. The president has accepted an invitation to meet with the north Korean Leader kim jongun. Chip reid has the latest. Reporter it all began with a surprise visit by the president to the White House Briefing room, where he told stunned reporters south korea is going to be making a huge statement tonight on a big subject on north korea. Shortly after 7 00 p. M. , south Koreas National Security Adviser came to the mike phones outside the west wing after meeting with President Trump and told reporters what north korean leermd kim jongun told him earlier this week. North Korean Leader kim jongun said hes committed to denuclearization. Kim pledged that north korea will refrain from any further nuclear or missile tests. Reporter he also said that kim jongun expressed his eagerness to mee
Good morning, everyone. Its thursday, september 28. Im ayman mohyeldin. Its been just over a week since Hurricane Maria hit puerto rico. Theres been delays in getting aide to the island. Department of defense reiterated yesterday that nearly half of the residents remain without drinking water. Locals say they are increasing worried about a looming Public Health crisis. Fema says its delivered more than 6 million leert liters of and supplies. The problem isnt getting enough trucks and drivers to reach people throughout the entire island. Nbc news correspondent has been in puerto rico for the past week and has the very latest. Reporter good morning. More than a week after murmz hue maria ripped through here, the magnitude of the disaster is sinking in. No power, no water, no phones. Many people heard help is on the way, many havent seen it yet. Its been one week, still looking for water for her children. Its hard because we dont have anything. Shes among the many desperate for help. The
You have covered this from inside north korea . Reporter President Trump had his catch phrase, fire and fury, locked and loaded. North korea has been war fanatic talking about the United States. The rhetoric we have seen this morning for north korea is similar to statements from the country. Trump is driving the situation on the Korean Peninsula to the brink of nuclear war, a statement we have heard many times, making outcries such as it has u. S. Will not rule out a war against the dprk. We have heard them say that and threaten the United States with nuclear anileuation in another Statement Released overnight. They have talked ant the history and the korean war saying the u. S. Was an aggressor back then and the u. S. Is an aggressor now. The statement reads, all of these facts go to prove that the u. S. Is, indeed, the master mind of the Nuclear Threat and the heinous nuclear war fanatic, that catch phrase again. North korea paints itself as a victim in some ways, they are surrounded