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Transcripts For CNBC Closing Bell 20160817

Health of retail looks like. Tough to get handle on retail these days. So diverse. Plus after a recent rash of airline glitches, there are new calls from congress for airlines to overhaul their i. T. Systems. We will talk to that man there, senator Richard Blumenthal, one of those lawmakers behind the initiative. He and senator marky from massachusetts sent a letter today to those airlines seeking answers to the latest glitches here. And reporting earnings after closing today, tech giant getting toward layoff 14,000 employees, nearly 20 of its work force. Shares down about 1 on the news with those earnings coming up. Over that over the next couple of hours. Lets get to fed minutes and markets reaction in a minute. First a closer look at todays earnings mess in retail. Courtney reagan has the low down for us. Plus some recap of the special guests you had last hour. Courtney . Hi, bill. Remember last week we talked about retail ....

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