Stay updated with breaking news from Mark benioffs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Years. That is the best month of the year, im connell mcshane. This is the closing bell. Time for news of the hour. Jackie deangelis in new york, blake burman in white house, Hillary Vaughn with the president elect in delaware and Edward Lawrence in washington with the latest on the covid19 relief deal. A lot of moving parts well get into. The market is back in rally mode. Good afternoon, jackie. Reporter good afternoon, connell. Well talk about the records we set today with the s p 500 and also the nasdaq. Look at the gains there we beat what we were expecting handily. You only needed 16 points on the s p and only needed seven on the nasdaq. This was a strong broad based rally today what is interesting big tech continues to gain on this momentum and continues to go higher from there. Facebook, apples, amazon, microsofts of the world are continuing to climb up. That is somet ....
The principal sent an announcement to parents last night. It doesnt reveal what those allegations are, but the nbc bay area Investigative Unit has uncovered numerous accusations of improper Sexual Conduct by at least four former and current teachers. The allegations involve students and some date back as far as 25 years. The email talks about the latest allegations from a former student and an incident more than five years ago after she graduated from presentation. The Administration Says it reported that allegation to the police. The second teacher is being investigated for an incident the school says happened 14 months ago. Administrators say they had already looked into it, but now new questions are being raised. Our Investigative Unit has been looki ....
We begin with breaking. Salesforce raising its forecast. The biggest firstquarter they have had. This underscores their attractiveness as a takeover target. Cory johnson is in san francisco. We heard no comment on the deals. They are 1000 focused on customer satisfaction. Corey thats a lot of percents. Here is the big take away. If you want to compare it to what the analysts expected its better than that. The reaction and market trading is muted. Last quarter, the stock jumped 12 . The next day its down 5 . We will see how it shakes out in trading. While better than expected it has dramatically slower growth. The biggest firstquarter they have had but only 23 bigger than one year ago. Compare that to one year ago. 37 a year ago. They went from 37 to 23 sales growth. That is a lot slower. It is different Growth Potential than what we would have expected a year ago. One of the reasons from that is that they spent less on marketing ....
Was that wages went up, and thats great for the american worker. 2020 hopeful Elizabeth Warren, shes going to propose a new plan to take on tech. And the question of what theyre allowed to buy, what data theyre allowed to trade and how they should be behaving as corporate citizens. There is strong, even angry reaction to the sentence giving to former Trump CampaignPaul Manafort. 47 months, a federal judge sentences Paul Manafort to less than four years in jail. Despite eight felony convictions on tax and bank fraud, the court declaring President Trumps former campaign chairman, quote, lived an otherwise blameless life. I feel very badly for Paul Manafort. ....