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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 b ....
Hello there, welcome to newsline. It is tuesday, february 12th. Im Catherine Kobayashi in tokyo. Millions of roman catholics around the world are coming to terms with an announcement that is both surprising and rare. Pope benedict xvi says hes too old to do his job. Hes 85. Spokespersons for the vatican say the pope cited his advance age and felt he could no longer fulfill his responsibilities. German Cardinal Joseph ratzinger was 78 years old when he became pope in april 2005 following the death of Pope John Paul ii. He was the oldest person to become pontiff in 275 years. Benedict xvi was a conservative pope, he strongly opposed to birth control, but he embraced new forms of communication and joined twitter last year. Pope benedict faced a string of challenges during his term from sexual abuse scandals involving ....
Hello there, welcome to newsline. It is tuesday, february 12th. Im Catherine Kobayashi in tokyo. Millions of roman catholics around the world are coming to terms with an announcement that is both surprising and rare. Pope benedict xvi says hes too old to do his job. Hes 85. Spokespersons for the vatican say the pope cited his advance age and felt he could no longer fulfill his responsibilities. German Cardinal Joseph ratzinger was 78 years old when he became pope in april 2005 following the death of Pope John Paul ii. He was the oldest person to become pontiff in 275 years. Benedict xvi was a conservative pope, he strongly opposed to birth control, but he embraced new forms of communication and joined twitter last year. Pope benedict faced a string of challenges during his term from sexual abuse scandals involving ....