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Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these ....
a suspect rick sherman is a demon that walks among us. a predator that ruined families. if not for the members of this task force, he would still be on the streets today. 459-year-old rex is married and has two children. he was cuffed and surrounded by police as he headed to court where he pleaded not guilty to six counts of murder. the only thing i can tell you he did say as he was in tears i didn t do this. he was arrested thursday night, not far from his architectural design office fifth avenue. early this morning a swarm of police vehicles surrounded his vehicle massapequa park long island not far from where the bodies were found. law enforcement searching for evidence and toeing away cars. the charges are connected to the killings of three women and heuerman is the prime suspect in a fourth murder but he could be linked to as many as 10 killings. the investigation began in 2010 with the search for missing 23-year-old shannon gilbert. police discovered the bod ....
Its down 1 . Shanghai is down close to 1 . We are getting news out of reuters japan manufactures may cut profit targets. That is certainly a story that the market is watching. Heres whats happening in europe. The ftse 100 in the uk is the only average that is positive although only by about. 10 . Good morning. Well get to politics in just a minute. Starbucks missed forecast for the Third Straight quarter. Customers making fewers visits. Earnings matched estimates, but revenues fell short. Changes to the Loyalty Program and happy hour weighed sales. Also cutting annual sales growth target to 10 . Chipotle experienced a drop. Free food and Safety Measures failed to bring consumers following several food born illnesses last year. Dow components is set to report this hour. Well bring you the numbers. Thats about 6 30 a. M. ....
Likely added 193,000 private jobs last month. And then the Big Government jobs report out on friday. Sara, thanks. In Corporate News, a number of legal headlines out of the Financial Sector this morning, jpmorgan agreeing to pay 614 million in the mortgage fraud case. The late nest a string of legal claims against the bank. As part of the settlement, jpm admitted it defrauded federal agencies by underwriting mortgage loans. At issue, thousands of insured loans that were not eligible for insurance by the fha or department of veteran affairs. Morgan stanley will pay 1. 25 billion to resolve the mortgage lawsuit. Morgan will add 150 million to its legal reserve as a result of the settlement. And a new judge priding over the bank of americas proposed 8. 5 million settlement has postponed entering a final judgment in the ca ....
Beating consensus, short of expectations, but cook says hes not worried. Microsoft missing consensus. Saying the dpaen is still in the midst of a bold and disciplined effort to focus business. Boeing and delta beat expectations, deltas ceo on this network this morning commenting on the middle east. Pepsi came in on a streak despite a decline in carbonated drink sales. Apple had earnings of 1. 28, a nickel above. Just shy of consensus. Ipad sales came in low of expectations, same for the current quarter, and last night, tim cook spoke about sales on the Conference Call. Sales met the expectations, but they did not meet yours. Our sales were gated in part by channel inventory and market softness in certain parts of the world. Two consecutive quarters up double digits, 12. 7 this time, down 9, and two years ago, ipads up 9300 . Right. I want to call this is transition story. We watch tv shows, we watch them on this series, like, tha ....