china. of course, we are going to get that 9:30 a.m. press conference. stocks as you saw look to higher look to a higher open. don t worry about china iphone weakness why one key analyst thinks apple s china woes are overblown. and two big tech names are moving in opposite directions. oracle is falling on a revenue miss adobe rallying on an earnings beat we got broadcom to get to, costco, number of earnings this morning. let s start with the broader market investors are trying to digest conflicti ining headlines. the chinese commerce ministry set to hold a news conference half an hour from now. and, jim, we don t have a heads up in terms of what they re going to discuss whether or not we re going to learn about their view as in, yes, we re all in or not. kayla tausche last night, basically, you don t know where we are it is in flux. at 5:00 a.m. it was x, at 7:00, it was that, 8:30, new view. but the one thing is certain, this story that made the rounds, that the presiden
reporter: we were going basically to the scene of where that missile strike took place last night on that residential building that killed several people because of course there is still a big rescue operation going on there. and we had just arrived at the scene, left our vehicles when the house in front of which our vehicle was parked was hit by a missile strike. it was a really heavy explosion, very close by. i would say maybe 40 or 50 yards from our location. so we then tried to go into a sheltered building. and as we were doing that i turned around, and you could see the second missile hitting the exact same area. we already know that there were people who were severely wounded on the ground there. it s unclear if and how many people were killed. of course right now there s a big rescue operation going on there. but i think it s important for our viewers to understand this area this was in, there was an active search and rescue operation in a residential area. and today
hi, everybody. it s thursday. it s 4:00 in new york. it is also day 18 of the people of the state of new york vermont donald trump, the ex-president s former attorney michael cohen is just off the witness stand. the jury is done with their service for the day. prosecutors and attorneys for the ex-president are dealing with the all important question of what happens next. it s happening right now. a hearing over what the defense s case will look like and if they will make a case, if they have a case to present the updates from that hearing that is happening as we meet we ll bring them to you right away. all this is in the wake of a rather desperate and uneven attempt to undercut michael cohen s credibility. it was to be generous, hit and miss, defense attorney todd blanche had a second chance at cross examining michael cohen after a day of rest yesterday. he moved around from topic to topic so quickly that todd blanche decided that todd should apologize to the jurors who would
average americans are not buying stocks. also, mark zuckerberg says he will dedicate 2018 to fixing facebook. why the founder and ceo is treating fake news and online abuse as a personal challenge. but we begin this morning with a look at today s eye opener, your world in 90 seconds. right now, it s pretty tough, it s like a hurricane. this wind is vicious. a deadly winter storm ravages the east coast. wow. it s all about the cold now, big bitter blast of cold air is coming right down out of the arctic. more than 1,000 flights canceled as airports try to dig out from the snow and ice. highly anticipated book about president trump comes out ahead of schedule in defiance of legal threats from mr. trump s lawyers. complete fantasy and just full of tabloid gossip. the new york times su reporting that president trump reported the white house counsel to try to stop sessions from recusing himself from the russia investigations. meeting tuesday for their first
of digital competition that s slamming into so much of retail? have we gotten a little more rational about this issue? on a day when the dow lost 33 points, breaking its ten-day winning streak that s largely because president trump s statement about meeting north korean threats with fire and fury surprised investors aren t in love with the idea of nuclear war. i think the market is starting to behave logically when it comes to many phases of retail, which had been in a bear market. take the relationship between amazon and its brick and mortar competitors. just a few weeks ago, the consensus was that amazon was poised to destroy everything retail i mean, everything every brick and mortar store and every supplier we stopped discerning among different parts of the retail food chain and assumed it s game over for the whole sector and look, no one is denying that amazon is incredibly powerful, but many blind sided retail ceos have finally begun to come to terms with the new realit