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Federal spending. Melissa. Melissa obviously the other huge story, House Majority leader eric cantor. What is the buzz . He is going to announce at a meeting of House Republicans at 4 00 he will step down at the end of july, july 31st. This appears to be, according to aides, gop aides, an effort to try to provide some continuity in this transition after cantor lost his primary bid yesterday, last night. And, the, jockeying is going on now on who might succeed him. It is kind of a frenzy up there. The house gop leadership aide telling our colleague chad pergram, quote, we need to have direction. This is the house of representatives up here. It just cant be lord of the flies. Melissa. Melissa wow. Thanks, peter. More on the store with the panel. You heard them in the background. Joining meed in studio Charlie Gasparino ....
Prosecutors allege the firm engaged in widespread Insider Trading. Founder steve cohen was not charged in the criminal case. David we have former sec chairman harvey pitt coming in on that subject. Meanwhile douche goods orders rose 4. 2 in june. In is the Third Straight month of gains. It was driven by transportation orders which spiked 12point . Liz glaxosmithkline agreed to pay 293 million to settle lawsuits with states that accused of deceptive marketing. David u. S. Prosecutors charging six foreigners of hacking with cost allegedly u. S. And European Companies 340 million in losses. Alleged victims were citigroup, jcpenney and jetblue. This was the biggest cyber fraud case filed in u. S. History. We have a lot of action including amazon earnings in just a moment. After the bell starting right now. David lets ge ....