viewers in the united states, and all around the world, i am paula newton, ahead on cnn newsroom. the white house, and congressional republicans, said to be inching ever closer to a deal to raise the debt ceiling. but, that could be just the beginning of an effort to avoid a default. new reporting for the washington post, employees of former president trump, allegedly, moving boxes of papers at mar-a-lago a day before the justice department showed up to collect classified documents. russia has, apparently, begun moving tactical nuclear weapons to belarus. what experts are saying about it. live from cnn center, this is cnn newsroom with paula newton. talks between the white house, and congressional republicans, to avoid an economic catastrophe are set to be ahead. there is words from negotiators that they are moving closer to a deal. cnn has learned, both sides are talking about a compromise to raise the debt ceiling, and to cap federal spending for at least the next two y
A return to profitability but missed on sales targets. Google had an earnings miss even though profits were up. And zynga is cutting staff and buying mobile Video Game Company natrual motion. Shares rallied 21 after the close. Janet yellen will be sworn in monday morning as the new chair of the federal reserve. And, marketwatch reports starbucks is considering an app that lets customers order ahead for their coffee. Traders may need an extra shot of espresso to keep up with the market today. Joining us now is daniel stecich of athena advisor services. Good morning. Is it buyer beware with the stock market . I dont think its buyer beware, i think its buyer you might have some good opportunityhere because in the past couple of weeks we have had some stocks get punished. Could be solid stockskeep an eye on them. I think its on unusual worriesemerging market worries and china worries. Those dont bother me right now. I want to Pay Attention to our Economic Data and right now that is good. T
Focused on selling stocks monday, causing the dow to pull back. The nasdaq and s p 500 also fell along with commodities. The market was fretting over political scandal in spain and economic instabilitly in italy. Yum brands, the owner of kfc, pizza hut and taco bell, posted betterthanexpected earnings by a penny, but revealed sales are slipping in china. Reports say boeing is requesting the faa allow test flights for dreamliners, which are grounded for now. And congratulations to the baltimore ravens. They will meet up with fans for a rally this morning. Trader dan deming joins us now to get the ball rolling for us on this tuesday. Good morning to you dan. Good morning angie. Yesterday was the worst day for the stock market so far this year. What did you notice in trading . Right now we saw a little bit of concern out there. The one thing i did notice is the fact that from last friday and yesterday we saw two 1 moves in the market the s p up about 1 last friday, down about 1 yesterday.
It may not be the last dance after all for Foxtrot, the upscale Chicago-based convenience store and cafe chain that closed abruptly in April before filing for Chapter 7 bankruptcy. Foxtrot co-founder and former CEO Mike LaVitola, backed by an investment group that purchased the chain’s assets in an auction last month, is planning to reopen about a dozen stores this summer, starting with the .
Foxtrot co-founder and former CEO Mike LaVitola is planning to reopen about a dozen stores this summer, starting with the Gold Coast and Old Town locations.