Bend the passport which is their attempt to get more business customers and gain back market share. I will speak with him, coming up. How has google been so successful . Google executive chairman eric schmidt reveals some of the secrets in his new book and stops by to talk about everything from the apple android fight to whether Marissa Mayer can save yahoo . And yahoo confirms it still holds a 15 stake in ali baba after selling 140 million shares in the ipo. In a filing, yahoo indicates they have a oneyour lockup period before it can sell the remaining shares and also agreed to vote for alibaba and softbank. To our lead story, apple is supposed to be shining brightly after its record 10 million iphones in the opening weekend. But the glow is starting to rub off dues to some technical difficulties. Today, apple had to pull its ios 8 update after some customers could not make phone calls. This came after reports that apps work washing were 7,shing more than with ios and adding to the pr
Attempt to get more business customers and gain back market share. How has google been so successful . Eric schmidt reveals some of the secrets in his new book and stops by to talk about everything from the apple android fight to whether Marissa Mayer can save yahoo . Stillhoo confirms it holds a 15 stake in ali baba after selling 140 million shares in the ipo. Have adicate they oneyear lockup. Before it can sell the remaining shares and also agreed to vote for director nominees of alibaba. To our lead story, apple is supposed to be shining brightly after its record 10 million iphones in the opening weekend. But the glow is starting to rub off dues to some technical difficulties. Apple had to pull its ios eight update after some customers could not make phone calls. After reports that apps were crashing 56 more often. Adding to the problems, a number of users complaining the new ones band when sitting in your pocket with this video showing an iphone 6 plus getting very badly bent. Join
Between the u. S. And iran fail over nuclear weapons. Overall, a busy week over earnings and yellens confirmation hearings later in the week. The markets potentially taking a breather after the dow hit a new high friday, both it and the s p closed down a fifth consecutive week of gains. Volatile after Irans Nuclear program stumbled. Amazon strikes deal with the u. S. Postal service to deliver some packages on sunday, while the chinese rival ali baba wraps up 3 billion in one day. Transocean has a proxy battle. Well talk about that. We begin with the dow coming off another record high t. Blue chips up 4. 5 , marking five consecutive weengs of gains. Following one of the papers today, the front of the journal arguing the Retail Investor is somehow back. Stocks regain broad appeal, mom and pop, are they finding the markets again . My favorite subhead on that is, if you go on the web, you will see, its bad. I love it. It says, they used cause for concern in the newspaper version, but in th
That the rate may have been manipulated lower, which at the surface says people are getting lower mortgages. But remember, it is a zerosum game here. A continuing story. The three banks need to respond to the antitrust complaint in writing and at a hearing. Lets get our morning brief. Overnight, u. K. Inflation accelerating faster than forecast on a higher airfares and shipping costs. That is a little bit in the weeds. No Economic Data to speak of in the u. S. Earnings. Number of home depot just reported. Earnings per share is a little bit lighter than what analysts were looking for. Nate net sales coming in a little bit light. Analysts were looking for 20 billion. In terms of fullyear forecast, it terms looks to be a little bit higher. Additional buybacks over the rest of the year. Early to say if there are any shares trading. We will you know if they move. Goods, dicks sporting and tj maxx will be reporting before the bell. Into it is coming up after the bell. What do you make of sal
Futures picking up on this. Jim cramer was tweeting if youre buying this because of what happened in japan, be careful, because he does not think the markets are correlated. Watch out for it. Also, news out of europe, a survey showing that german analysts and Investor Sentiment climbed more than expected in august. That news suggests that europes largest economy is regaining momentum. Well have more from our colleagues in london in a few minutes. In corporate news, yum sales in china sliding more than expected in july, down 13 . Among the reasons, the heat, some analysts say the companys lack of cool drinkz and ice cream meant could nsumers looke elsewhere. The kfc parent is trying to bounce back from the dublg double impact of a food safety square and bird flu outbreak. A new director may be named as part of an effort to resolve the dispute with bill ackman. Ackmans effort immediately remove interim ceo mike ullman would apparently be put on hold. We talked about this story. I dont ge