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Low. Our road map with stock futures in the red. Exxon and conocophillips moving some of those stocks. Sales force surging on the news it hired advisors to look at takeover offers. More of the apple watch dlis. A defective component to blame. Apple announcing another partnership with ibm. Well get to that in a minute. First up a lot for investors to digest on this final trading day of april. Consumer spending up 0. 4 last month. Claims down last week by 34,000 to 262,000. Thats a 15year low. Employment costs up 0. 7 . On the earnings front, exxonmobil did top estimates despite a 46 drop in First Quarter profit. Exxon revenue, i love these figures. Last year 106 billion. This quarter, 67 billion. You have to understand exxon had good production growth. People say no one got hurt buying the stock of exxon. This is why. Because exxon really hasnt done anything during this period. When oil was flying exxon did good not great. Oil goes ....
Donald sterling. Any moment now, nba commissioner ad sam silver will make an adam silver make announcement on the investigation. Lets go straight to the our panel and i inspiration for jerry maguire, Leigh Steinberg, we have sports attorney lee olenick and sports Business Journal adam kaplan and fox newss brian kilmeade. Give me the legal perspective on this one. What can he do. What he can do the commissioner can suspend him indefinitely and fine him up to 2. A Million Dollars. Constitution and within the bylaws allows for that. He can get rid of him. Melissa lee, that is not really get rid of him. Do you feel like that is meaningful punishment . If he suspended not doing business at work but could do anything from anywhere. A few Million Dollars will not make ....
Hear. We have the whole thing covered for you right here at the top of the hour with cnn sports anchor, rachel nichols. She is inside that room. We will check in with her momentarily. Of course, once the News Conference begins, i will stop talking, we will take that live, in full. A little bit of back story. Donald sterling has kept a fairly low profile since this audiotape emerged. But see this video . He, along with his wife i should say his estranged wife, were caught leaving a Los Angeles Area strount jurestaura this past sunday night. The paparazzi shouting questions at him. He himself didnt answer any questions about the audiotape, which he allegedly made. These racist remarks about africanamericans. But the comment attributed to him has ignited a firestorm in the professional sports community. Take a listen. Dont come to my games. Dont bring black people, dont come. ....