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Oct 3, 2022
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. >>> to another developing story and one sending oil prices sharply higher we go to bertha coombs bertha >> good morning, dom the price of u.s. and international crude surging on reports that opec and allies known as opec plus will consider an output cut of 1 billion barrels a day when it meets later this week. if confirmed, it would be the biggest move by the cartel since the start of the pandemic to address oil market weakness. opec plus which combined opec countries and allies including russia has so far refused to raise output to lower oil prices despite consumers. oil is off the worst impoperforc since 2021 with the nearly 25% loss since july. of course, higher oil prices is not going to make the fed's job easi easier dom. >> thank you, bertha coombs. >>> futures searching for direction after a rough month and quarter for u.s. stocks. it could get worse amid investor sentiment shift. look at a note from goldman sachs this weekend and david kosten a weaker economy will drive households to continue selling stocks there is no alternative to the t.i.n.a. trade expecting $100 billion in
. >>> to another developing story and one sending oil prices sharply higher we go to bertha coombs bertha >> good morning, dom the price of u.s. and international crude surging on reports that opec and allies known as opec plus will consider an output cut of 1 billion barrels a day when it meets later this week. if confirmed, it would be the biggest move by the cartel since the start of the pandemic to address oil market weakness. opec plus which combined opec countries and...
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Oct 14, 2022
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bertha coombs is here. good morning, bertha >> good morning, dom beyond meat reportedly further reducing its head count as the alternative meat company faces continued challenges according to bloomberg, it is unclear how many people were let go with these latest job cuts. reports add some cuts came in the research and development department the move comes after about 40 positions were eliminated in august as a part of a broader cost-cutting plan. >>> the brain drain at amazon showing no signs of slowing down the company confirming to cnbc greg zaird, president of hardware research and development, is retiring he is credited with inventing the kindle e-reader. >>> also on his way out, senior vice president of amazon alexa tom taylor is retiring taylor is a more than ten-year veteran of the company and also a member of ceo andy jassy's elite s-team. >>> and treasury secretary yellen says russia's war against ukraine has weakened that country's economy and slowed its growth prospects for the for seeable future
bertha coombs is here. good morning, bertha >> good morning, dom beyond meat reportedly further reducing its head count as the alternative meat company faces continued challenges according to bloomberg, it is unclear how many people were let go with these latest job cuts. reports add some cuts came in the research and development department the move comes after about 40 positions were eliminated in august as a part of a broader cost-cutting plan. >>> the brain drain at amazon...
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Oct 17, 2022
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let's get a check of the top corporate stories with bertha coombs >> good morning, seema succession may be a few weeks away, but the myurdochs combinin fox and news corp. this would bring them back together that split nine years ago. his son serves as ceo of fox so far, none of the murdochs has spoken about a deal. the recombination we bring together wall street journal and posting saving the murdochs money by not running two companies. >>> and goldman sachs is planning to reorganize according to bloomberg, the bank would merge the businesses under another umbrella which is a third division would house transaction banking. the portfolio platforms specialty lender and ventures with apple and general motors. >>> and elon musk reversing course over asking the pentagon to pick up the tab when it comes to free starlink internet in ukraine. tweeting on saturday, the hell with it. starlink is still losing money and other companies are getting billions, we will keep funding the ukraine government for free. in a letter, the company said the use of starlink in ukraine could cost close to $400 mil
let's get a check of the top corporate stories with bertha coombs >> good morning, seema succession may be a few weeks away, but the myurdochs combinin fox and news corp. this would bring them back together that split nine years ago. his son serves as ceo of fox so far, none of the murdochs has spoken about a deal. the recombination we bring together wall street journal and posting saving the murdochs money by not running two companies. >>> and goldman sachs is planning to...
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Oct 24, 2022
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bertha coombs is here with that. >> hi, dom let's continue on the theme of chinese tech and chinese stocksalting the ipo of four small chinese companies as it probes rallies in similar firms following the public market debut. that according to the report citing lawyers and bankers who work on ipos this is amid shares of chinese companies that raise $15 billion or less. shares have spiked 2,000% on the first day. only to collapse in the days following. it is unclear whether the exchange will let the halted ipos proceed republican national committee is suing google claiming it's emails are sent to users spam folders the suit filed in california on friday night accuses the tech giant of discriminating against the rnc the rnc alleges the action has been going for ten months. google denies the charges saying g-mail spam filters are set by users. >>> and tesla cuts the model 3 and model y prices up to 9% in china. this is the first by the company this year. last month, tesla started offering limited incentives to chinese buyers who chose its car insurance plan tesla ceo elon musk said recession
bertha coombs is here with that. >> hi, dom let's continue on the theme of chinese tech and chinese stocksalting the ipo of four small chinese companies as it probes rallies in similar firms following the public market debut. that according to the report citing lawyers and bankers who work on ipos this is amid shares of chinese companies that raise $15 billion or less. shares have spiked 2,000% on the first day. only to collapse in the days following. it is unclear whether the exchange...
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Oct 31, 2022
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first news update with bertha coombs >> here's what's happening at this hour.ns today that the fed may be having some success in slowing the economy as it seeks to fight inflation chicago pmi barometer of midwest manufacturing activity fell to 45.2 for october less than expected and below the 50 mark separates expansion from contraction. fed policymakers meet tomorrow and wednesday and another large interest rate hike is expected. >>> one of today's wall street winners is wnyy resort it was stock is up more than 9% following news that investor taken more than 6% stake in the resort operator. >>> and two entertainment superstars doing big business. taylor swift's new album "midnight" sold 1.58 million copies across various formats in its first week that's the best sales week for any record since adele's 25 back in 2015. >>> and dwayne johnson's "black adam" topped the weekend movie box office for the second-straight weekend. taking in another $27.7 million in domestic ticket sales it's now sold $111 million in tickets domestically and 250 million worldwide. i gu
first news update with bertha coombs >> here's what's happening at this hour.ns today that the fed may be having some success in slowing the economy as it seeks to fight inflation chicago pmi barometer of midwest manufacturing activity fell to 45.2 for october less than expected and below the 50 mark separates expansion from contraction. fed policymakers meet tomorrow and wednesday and another large interest rate hike is expected. >>> one of today's wall street winners is wnyy...
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Oct 11, 2022
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i'm bertha coombs. your cnbc update at this hour. >>> american airlines shares given up gains after revenue guidance raced for the quarter up 6% now roughly unchanged on the day. american also said e it is trimming its flight schedule other major airlines are trading down this morning as well. >>> the international monetary fund has lowered its global economic forecast for next year. the group's chief economist says the worst is yet to come the imf now expects economic growth of 2.7% during 2023. >>> and the bank of england has intervened in the bond market once again in the face of heavy selling for the first time ever. it is buying inflation index government bonds yields on british bonds are down from their earlier highs, but long bonds still up on the day back to you, deirdre >> bertha coombs, thanks very much. >>> watching the markets, shares are off their lows of the session. nasdaq still down about one-third of 1%. growth continues top trade in 2022. we talked how the market shifted rapidly undern
i'm bertha coombs. your cnbc update at this hour. >>> american airlines shares given up gains after revenue guidance raced for the quarter up 6% now roughly unchanged on the day. american also said e it is trimming its flight schedule other major airlines are trading down this morning as well. >>> the international monetary fund has lowered its global economic forecast for next year. the group's chief economist says the worst is yet to come the imf now expects economic growth...
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Oct 27, 2022
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i'm bertha coombs.our cnbc news update this hour russian president vladimir putin says moscow has no intention of using nuclear weapons in ukraine, but at the same time he also repeated his unfounded claims that ukraine was preparing to detonate a radioactive dirty bomb and also said at an event this morning that it was western leaders who were threatening russia with a nuclear attack >>> the new york post verified twitter account was hacked this morning with a number of vulgar tweets designed to look like headlines that the since deleted tweets contained offensive messages about new york governor kathy hochul, democratic representative alexandria ocasio-cortez, and president biden's son, hunter. a spokesman for the company says the company was investigating the cause. >>> and prince harry's long awaited memoir will be out january 10th the book will be called "spare" in reference to the fact his brother is the heir to the crown. piz publisher says it'll be filled with inside revelations, self-examinatio
i'm bertha coombs.our cnbc news update this hour russian president vladimir putin says moscow has no intention of using nuclear weapons in ukraine, but at the same time he also repeated his unfounded claims that ukraine was preparing to detonate a radioactive dirty bomb and also said at an event this morning that it was western leaders who were threatening russia with a nuclear attack >>> the new york post verified twitter account was hacked this morning with a number of vulgar tweets...
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Oct 18, 2022
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. >>> welcome back to the half i'm bertha coombs here with your cnbc news update at this hour.th toll continues to rise after a plane crashed in the russian city to the south of ukraine. authorities say at least 13 people were killed when the plane went down and surveillance cam footage shows the fireball after the explosion. the russian defense ministry blamed engine failure for the crash. >>> in his speech in just a few minutes president biden is expected to make a promise to codify abortion rights if democrats maintain control of congress a democratic official tells nbc news that a bill to codify roe v. wade will be, quote, the first bill biden will send to the next congress and he hopes to sign it on the 50th anniversary of the decision in january. democrats face a steep battle to try and maintain control of congress, and many democrats across the country have campaigned heavily on abortion rights the president also announcing last night that the application for student debt relief is now available. in august biden said he would cancel up to $10,000 for many borrowers who e
. >>> welcome back to the half i'm bertha coombs here with your cnbc news update at this hour.th toll continues to rise after a plane crashed in the russian city to the south of ukraine. authorities say at least 13 people were killed when the plane went down and surveillance cam footage shows the fireball after the explosion. the russian defense ministry blamed engine failure for the crash. >>> in his speech in just a few minutes president biden is expected to make a promise...
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Oct 17, 2022
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i'm bertha coombs from cnbc. looks like smooth sailing for the bulls on wall street this morning. stocks look to open higher. the markets come off a mostly negative week. the dow did manage to eke out a gain and made it two weeks in a row for positive momentum. the moves come as investors are reacting to that hotter than expected read on consumer inflation last week and wondering whether that is just going to push the federal reserve to keep hiking interest rates aggressively well into next year rather than take a pause. this week we're going to get data on manufacturing, housing and, as usual, the unemployment claims and we're also getting a slew of earnings reports. this morning we got better than expected numbers out of bank of america. we'll be hearing from american express, j&j, ibm, netflix, tesla and verizon. meantime, small businesses are stocking the shelves early for the holidays this year and waiting to see how much shoppers waeed down by inflation feel like spending. the national retail federation says that november and december typically make up 20% of annual retail s
i'm bertha coombs from cnbc. looks like smooth sailing for the bulls on wall street this morning. stocks look to open higher. the markets come off a mostly negative week. the dow did manage to eke out a gain and made it two weeks in a row for positive momentum. the moves come as investors are reacting to that hotter than expected read on consumer inflation last week and wondering whether that is just going to push the federal reserve to keep hiking interest rates aggressively well into next...
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Oct 7, 2022
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cano shares up 8.5% on that report bertha coombs.ike, back to you on the broader market because looks like we're going to go out near the lows of the day if not the lows of the day. s&p 500 down almost 3%, still higher for the week. nasdaq comp almost at the flat line for the week, down 3.8%, continue to make highs on treasury yields. what is the thing you are watching when you -- when you look at the futures sunday night, for instance, or monday morning because whenever we have ugly spills like this it's always lots of doom and gloom reports over the weekend what will you be watching? >> without a doubt doom and gloom reports. first of all, are we going to have to react to anything newswise over the weekend. it seems like we are bracing for something, oil up the way it is. keep in mind, too, bond market is closed on monday, it is a bank holiday in some areas, a new york bank holiday and therefore it will be a little different without the guidance necessarily of the bond market in a direct way. it's a washout conditions for the momen
cano shares up 8.5% on that report bertha coombs.ike, back to you on the broader market because looks like we're going to go out near the lows of the day if not the lows of the day. s&p 500 down almost 3%, still higher for the week. nasdaq comp almost at the flat line for the week, down 3.8%, continue to make highs on treasury yields. what is the thing you are watching when you -- when you look at the futures sunday night, for instance, or monday morning because whenever we have ugly spills...
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Oct 5, 2022
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i'm bertha coombs. "new york times" reporting that u.s. intelligence agencies boulevard some ukrainian officials were behind an assassination in russia. a daughter of a well-known nationalist was killed in a car bomb attack. "new york times" says the u.s. did not know ahead of the attack, but are concerned it could escalate the conflict with russia. >>> in iran, national security forces have been deployed to quell protests human rights groups say thousands have been arrested more than 150 have died in protests that have gone on for more than two weeks. >>> alex jones decided not to put on a defense at a defamation trial to determine how much he should play for claiming the sandy hook school shooting was a hoax he says he ace boycotting the trial, among other things, because the judge does not allow him to say he's instead. closing arguments are set to begin tomorrow >>> ahead on "power lunch. opec cutting oil output targets, and the shockwaves across the globe. >>> plus, we're going to look at how low-volatility names could provide a cushi
i'm bertha coombs. "new york times" reporting that u.s. intelligence agencies boulevard some ukrainian officials were behind an assassination in russia. a daughter of a well-known nationalist was killed in a car bomb attack. "new york times" says the u.s. did not know ahead of the attack, but are concerned it could escalate the conflict with russia. >>> in iran, national security forces have been deployed to quell protests human rights groups say thousands have been...
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Oct 26, 2022
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i'm bertha coombs. here is your cnbc news update.ar hitting targets to reduce greenhouse gas emissions. the u.s. climate office predicts average temperatures will rise 2.5 degrees celsius by the end of the century, a full degree above the target set in the paris climate initiative >>> uk delaying the release of the economic plan by more than two weeks. prime minister rishi sunak says more time is needed to make the right decisions. in his first appearance as prime minister, sunak says he will protect the most vulnerable. >>> supreme court justice samuel alito says the leak of the draft opinion overturning roe v. wade en doingered the lives of justices and even made them, quote, targets for assassination. he says he and his fellow justices want things to go back to normal, the way they were before the pandemic. carl, back over to you. >> bertha coombs, thank you. >>> turning back to the markets, nasdaq leading to the downside s&p trying to track into the green. dow up almost 200. earnings last night from alphabet and microsoft our nex
i'm bertha coombs. here is your cnbc news update.ar hitting targets to reduce greenhouse gas emissions. the u.s. climate office predicts average temperatures will rise 2.5 degrees celsius by the end of the century, a full degree above the target set in the paris climate initiative >>> uk delaying the release of the economic plan by more than two weeks. prime minister rishi sunak says more time is needed to make the right decisions. in his first appearance as prime minister, sunak says...
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Oct 31, 2022
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and the business travelers are key matrix to follow >> now let's get to the headlines with our bertha coombs >> the supreme court is hearing arguments for cases challenging affirmative action at harvard and the university of north carolina the justices are questioning using race to admitting students ketanji brown jackson used a hypothetical question on how excluding race would not violate the equal protection clause. >>> then a man is charged with the killing of two teenage girls in delphi, euindiana. police are not releasing any new details on the case. they say the investigation is far from complete. china has launched the third three modules that will make up its space station, and it's scheduled to dock with the rest of the space station later this afternoon. frank, this will let them conduct experiments that could be re-created in the international space station and vice versa, to really prove that those experiments are working. >> yeah, space, a big impact on the economy. thanks for that. >>> the top etfs to watch as october comes to a close, and you do not want to miss mike's midday
and the business travelers are key matrix to follow >> now let's get to the headlines with our bertha coombs >> the supreme court is hearing arguments for cases challenging affirmative action at harvard and the university of north carolina the justices are questioning using race to admitting students ketanji brown jackson used a hypothetical question on how excluding race would not violate the equal protection clause. >>> then a man is charged with the killing of two...
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Oct 12, 2022
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merck is down slightly today let's get to bertha coombs. >> hay, morgan thanks federal regulators will issue new cybersecurity requirements for some and i have ways systems after several airport web sites were attacked this week. they're also lettering to designate a cybersecurity coordinator and report cyberattacks. >>> former president trump will have to answer questions until oath next week in a defamation lawsuit brought by a writer who said he raped her in the mid '90s a federal judge scheduled the deposition for next wednesday. trump has denied the rape. one of his lawyer says the case is entirely without merit. >>> this year's genius grants have been announce they include a lath the fellows will accepted 800,000 over five years, which comes with no strings attacked how to do the economy in space, morgan. >> oh, now we're talking that is an economy yet to be tacked >>> inflation hitting nearly every industry, but it could be cooling for the industry set >>> plus financial stocks across the board hitting, also asset managers we'll have our trader dig strough the names to find the
merck is down slightly today let's get to bertha coombs. >> hay, morgan thanks federal regulators will issue new cybersecurity requirements for some and i have ways systems after several airport web sites were attacked this week. they're also lettering to designate a cybersecurity coordinator and report cyberattacks. >>> former president trump will have to answer questions until oath next week in a defamation lawsuit brought by a writer who said he raped her in the mid '90s a...
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Oct 5, 2022
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i'm bertha coombs. the tech sector is down more than 1%.oup, we're seeing particular weakness in the solar stocks emphase and solar edge are down. chip makers are reversing course after two days of gains. a amv, nvidia. amv off 20% in the last month. now, back downtown to you guys, morgan. >> bertha coombs, thank you. >>> as we head to break, throughout hispanic heritage month, we're celebrating our teammates and contributors here is jane hallie and senior research analyst jessica ramirez. >> i grew up being bilingual spanish is my first language i learned english in school. i've been privilege d i've been able to travel and improve my language skills. i still struggle with some of it, but i think the idea of making your obstacles your goals, it'll make people see you're working hard. they're looking for that - yieldstreet presents: alternative investing with kal penn and older kal penn. - oh, the stock market is doing that fun thing again. - hey news from the future, you're going to live through that about 10 more times. (laughs) - oh, it'
i'm bertha coombs. the tech sector is down more than 1%.oup, we're seeing particular weakness in the solar stocks emphase and solar edge are down. chip makers are reversing course after two days of gains. a amv, nvidia. amv off 20% in the last month. now, back downtown to you guys, morgan. >> bertha coombs, thank you. >>> as we head to break, throughout hispanic heritage month, we're celebrating our teammates and contributors here is jane hallie and senior research analyst...
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Oct 4, 2022
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bertha coombs has that for us. >>> hi, jon. here's what's happening at this hour the number of job openings across the u.s. fell by more than amillion in august. it was the biggest drop in nearly two and a half years. however, the labor market remain tight with 10.1 million jobs unfilled >>> ford sales fell nearly 9% in september. that was more than expected, but ford shares are jumping about 7% thecarmaker saying new vehicle demand remains strong and ev sales nearly tripled during the month. ford shares are still down 40% year to date and an american is among the three scientists who won this year's nobel prize in physics. clauser and two others won for when quantum entanglement. sounds like a great bond title, right? quantum entanglement. >>> meta being looking to add to its strategy as it looks to combat the privacy changes what it means to the stock and the s&p. a stone owe throw from 3800. hi, my name is tony cooper, and i'm going to tell you about exciting medicare advantage plans that can provide broad coverage and still
bertha coombs has that for us. >>> hi, jon. here's what's happening at this hour the number of job openings across the u.s. fell by more than amillion in august. it was the biggest drop in nearly two and a half years. however, the labor market remain tight with 10.1 million jobs unfilled >>> ford sales fell nearly 9% in september. that was more than expected, but ford shares are jumping about 7% thecarmaker saying new vehicle demand remains strong and ev sales nearly tripled...
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Oct 7, 2022
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let's go to bertha coombs for a news update. , tyler here's what's happening at this hour president biden signing an executive order to implement a european union united states data network framework that adopts privacy safeguards if deal addresses the concerns of the eu's top court after it threw out two previous packs due to concerns about u.s. surveillance one of america's largest hospital chains, common spirit health, is being cut with a suspected ran someware attack. the potential security issue is delaying surgeries and holding up patient care after certain systems had to be taken offline. several hospitals in tennessee, texas, and washington are being affected for more details on the attacks and what remediation efforts are being taken, tune into the news tonight at 7:00 p.m. eastern and the spacex capsule carrying four crew members arriving at the international space station. the linkup is occurring 260 miles above the atlantic ocean, just off the west coast of africa this marks the first time in 20 years that a russian c
let's go to bertha coombs for a news update. , tyler here's what's happening at this hour president biden signing an executive order to implement a european union united states data network framework that adopts privacy safeguards if deal addresses the concerns of the eu's top court after it threw out two previous packs due to concerns about u.s. surveillance one of america's largest hospital chains, common spirit health, is being cut with a suspected ran someware attack. the potential security...
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Oct 26, 2022
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first a news update with bertha coombs >> here's what's happening at this hour.orfolk southern stock is up more than 3% after the railroad operator posted record quarterly profits. the company citing higher prices and fuel charges that also helped revenues beat estimates wing stop is 15% on a big profit beat and sales growth. margins helped by a sharp drop in the cost of bone in chicken wings. >>> traders are liking bed, bath and beyond decisions with the new ceo. shares fell as much as 10% after the move was announced, but the stock is up 5% gove served as interim ceo since june new home sales fell 11% last month. the declines were concentrated in the south where sales sank more than 20%. the median price for a new home is now just over $470,000. that's up 14% over the last year but with 7% mortgages tough to buy a home right now, carl. >> bertha, thank you for that. >>> turning to snap. evan spiegel joined our next guest at the tech live conference and covered a lot of ground, criticizing the metaverse, praising augmented reality. let's bring in joanna stern fo
first a news update with bertha coombs >> here's what's happening at this hour.orfolk southern stock is up more than 3% after the railroad operator posted record quarterly profits. the company citing higher prices and fuel charges that also helped revenues beat estimates wing stop is 15% on a big profit beat and sales growth. margins helped by a sharp drop in the cost of bone in chicken wings. >>> traders are liking bed, bath and beyond decisions with the new ceo. shares fell as...
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Oct 27, 2022
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let's get to bertha coombs now for a cnbc news update bertha >> hi, tyler here's what's happening atuz, california several schools have been locked down while police investigate a report of an active shooter. police say no injuries have been reported >>> more than 1 in every 60 american adults is suffering from long covid. that according to a study from massachusetts general hospital the study also found people who were vaccinated were less likely to report long covid symptoms. >>> and for the first time ever conservative republican liz cheney has endorsed a democratic candidate. cheney is voicing support for michigan representative alissa slotkin, who's in a tight race for re-election against michigan state senator tom barrett. >>> and the first woman to ever lead the new york fire department now has a job on a permanent basis. laura cavanaugh has served as acting commissioner since february new york's bravest are still overwhelmingly male. just over 1% of the city's firefighters are actually women. tyler? >> great for her good for the nyfd. appreciate it. still ahead on "power lunc
let's get to bertha coombs now for a cnbc news update bertha >> hi, tyler here's what's happening atuz, california several schools have been locked down while police investigate a report of an active shooter. police say no injuries have been reported >>> more than 1 in every 60 american adults is suffering from long covid. that according to a study from massachusetts general hospital the study also found people who were vaccinated were less likely to report long covid symptoms....
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Oct 25, 2022
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. >>> let's get over to bertha coombs for the cnbc news update. >> here is what's happening at this hourhouse progressives have taken the unusual step of retracting a letter to president biden calling for accelerated diplomatic efforts to end the war in ukraine the letter was criticized by many fellow democrats who also object to republican calls to cut aid to ukraine representative jayapal took responsibility for the letter but blamed its release on staffers >>> meantime police identified the suspected shooter who killed a teacher and 15-year-old girl at a st. louis high school yesterday. police say 19-year-old orlando harris was armed with an ar-15-style rifle and more than 600 rounds of ammunition police say harris also left a note in which he claimed to have no friends or family and that he lived a life of isolation. >>> across much of asia, africa and europe, a partial eclipse of the sun was visible earlier today. people looking skyward with proper protection saw the moon taking a crescent-shaped bite out of the sun always amazing to see that, brian. >> just don't stare directly at
. >>> let's get over to bertha coombs for the cnbc news update. >> here is what's happening at this hourhouse progressives have taken the unusual step of retracting a letter to president biden calling for accelerated diplomatic efforts to end the war in ukraine the letter was criticized by many fellow democrats who also object to republican calls to cut aid to ukraine representative jayapal took responsibility for the letter but blamed its release on staffers >>>...
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Oct 7, 2022
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now let's get to bertha coombs >>> the uvalde school district has suspended the entire police department for a period of time. this comes nearly five months after the deadly elementary shooting that left 19 students and two teachers dead. officials say recent developments in their investigation led to that sus possession. >>> a coroner's report out of iran said 22-year-old mahsa amini died of organ failure due to underlying disease, and not due to physical blows. her family says they believe she wasbeaten while in the custody of iran's so called morality police after she defied the country's strict dress code. it has sparked widespread protests across the country, against the laws governing women. >>> a new report from the department of health and human services estimates that covid vaccines prevented over 300,000 deaths among seniors in 2021, and the reduction in hospitalizations likely saved more than $16 billion in medical costs. contessa, tyler, back to you. >>> thank you very much, bertha. >>> ahead on "power lunch" after a significantly rough september, it is no shock that october
now let's get to bertha coombs >>> the uvalde school district has suspended the entire police department for a period of time. this comes nearly five months after the deadly elementary shooting that left 19 students and two teachers dead. officials say recent developments in their investigation led to that sus possession. >>> a coroner's report out of iran said 22-year-old mahsa amini died of organ failure due to underlying disease, and not due to physical blows. her family...
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Oct 26, 2022
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i'm bertha coombs. here our cnbc news update this hour a jury has convicted a wisconsin man of killing six people when he drove his suv into a christmas parade last year darrell brooks has been found guilty of six counts of intentional homicide brooks defended himself at trial, at times admonished for the judge for erratic behavior he now faces a mandatory life sentence on each count >>> a surge of viruses on children has fill about three quarters of the pediatric hospital beds in the country hospitals are being forced to resort to contingency plans like sending patients to separate hospitals or opening space in other wards. and russian president vladimir putin monitoring drills by his country's strategic nuclear forces the russian defense minister says the exercises are intended to simulate a, quote, massive nuclear strike in retaliation for a nuclear attack on the country. and it follows putin's warning about his redinacy to use all means available to defend russia frank, back over to you. >> bertha,
i'm bertha coombs. here our cnbc news update this hour a jury has convicted a wisconsin man of killing six people when he drove his suv into a christmas parade last year darrell brooks has been found guilty of six counts of intentional homicide brooks defended himself at trial, at times admonished for the judge for erratic behavior he now faces a mandatory life sentence on each count >>> a surge of viruses on children has fill about three quarters of the pediatric hospital beds in the...
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Oct 18, 2022
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but you have to go to kentucky to do it let's get to bertha coombs for the cnbc news update might be h it, bertha. >> i love that doughnuts to dollars here's what's happening at this hour virginia man has been arrested in connection with the deaths of four people in a washington, d.c. suburb. police say the suspect lived with the victims who include a recently married couple and their teenage daughter three of the four victims were shot to death. >> the german government has fired its cybersecurity chief over alleged ties to russian intelligence german media reporting a security group he cofounded included a company founded by a former russian intelligence agent. the group rejects the connection as absurd. >> and if you have ever thought mosquitoes make a beeline for you, well, now there's proof a study finds a major species of mosquitoes is drawn to people with high levels of certain odor producing chemicals on their skin i could have told you that the research may be used to develop ways to manipulate a person's skin and make it smell less appealing to mosquitoes i am the human pest
but you have to go to kentucky to do it let's get to bertha coombs for the cnbc news update might be h it, bertha. >> i love that doughnuts to dollars here's what's happening at this hour virginia man has been arrested in connection with the deaths of four people in a washington, d.c. suburb. police say the suspect lived with the victims who include a recently married couple and their teenage daughter three of the four victims were shot to death. >> the german government has fired...
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Oct 12, 2022
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>> that's bertha coombs for us check out this mystery chart up more than 15% so far this month. you can't say that about a lot of other stocks. it's up nearly 40% this year the stock just got a bullish call, too. and one of our committee members owns it best of all. we'll reveal the names in our call of the day. wee ghba 'rrit ck ♪ ♪ we all need a rock we can rely on. to be strong. to overcome anything. ♪ ♪ to be... unstoppable. that's why the world's largest companies and over 30 million people rely on prudential's retirement and workplace benefits. who's your rock? i was having challenges with my old bank. lots of red flags. fees, penalties. so i broke up with bad banking and moved on with sofi checking and savings. now, i earn higher interest on all my money, and pay no account fees. sofi. get your money right. ♪ ♪ ♪ ♪ ♪ ♪ ( ♪♪ ) (snorting) (clattering) (frustrated grunt) i need some sleep. (groaning) (growling) (silence) (sigh, chuckle) if you struggle with cpap, you should check out inspire. inspire. sleep apnea innovation. learn more and view important safety information a
>> that's bertha coombs for us check out this mystery chart up more than 15% so far this month. you can't say that about a lot of other stocks. it's up nearly 40% this year the stock just got a bullish call, too. and one of our committee members owns it best of all. we'll reveal the names in our call of the day. wee ghba 'rrit ck ♪ ♪ we all need a rock we can rely on. to be strong. to overcome anything. ♪ ♪ to be... unstoppable. that's why the world's largest companies and over 30...
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Oct 6, 2022
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bertha coombs, with the latest, on a cvs down 4.6%. >> i own it. i don't want to see this book the entire 23 two would not be effective, it makes sense to me, but, they are saying, they also cannot get to their 2021 guidance. it will be a lot harder, now. this is unfortunate, but that might be a bit overdone. it is not like this is a frothy stock with a huge multiple. so, that selloff might be overdone. >> in the meantime, amd shares drop after the company warns q3 results revenue for the quarter coming in at 5.6 billion, versus 6.7 billion anticipated gross margins expected to come in around 50% versus 54%, previously. the company had cited softening pcs sales and inventory corrections in their release. another one. >> yeah. this is a massive revenue shortfall. guidance in early august, since then we have seen and video, it can competitor in some areas that they play, also announce and then died lower. so this does not even include with the guidance looks like. i don't think you can assume it will be better. the other thing, when you think about t
bertha coombs, with the latest, on a cvs down 4.6%. >> i own it. i don't want to see this book the entire 23 two would not be effective, it makes sense to me, but, they are saying, they also cannot get to their 2021 guidance. it will be a lot harder, now. this is unfortunate, but that might be a bit overdone. it is not like this is a frothy stock with a huge multiple. so, that selloff might be overdone. >> in the meantime, amd shares drop after the company warns q3 results revenue...
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Oct 11, 2022
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for several quarters now and these guys keep printing money >> let's get the headlines now from bertha coombshas released another round of missile and drone attacks across ukraine in zaporizhzhia local officials say at least one person is dead after missiles struck a school, a medical facility, and apartment buildings. in the city of lviv the mayor there says strikes have left 30% of the city without electricity. at least 20 people have been killed in attacks over the last few days leaders of the group of seven nations held a video call this morning to discuss their response to russia's escalation of the war in ukraine. ukrainian president zelenskyy urging them to put new sanctions on russia in a statement after the call g7 leaders condemned the recent missile attacks and promised more support for ukraine >>> and a scary scene in pennsylvania as a day care center had to evacuate after carbon monoxide leak firefighters detected the leak after they were called to the allentown day care center to respond to a report of an unconscious child. at least two dozen children and staff members were rush
for several quarters now and these guys keep printing money >> let's get the headlines now from bertha coombshas released another round of missile and drone attacks across ukraine in zaporizhzhia local officials say at least one person is dead after missiles struck a school, a medical facility, and apartment buildings. in the city of lviv the mayor there says strikes have left 30% of the city without electricity. at least 20 people have been killed in attacks over the last few days...
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Oct 20, 2022
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bertha coombs is on that tonight. >> it is beating on the top and bottom line. adjusted earnings of 52 cents was 2 cents better than the expectation. revenues of $3.9 billion compared to $3.74 billion estimate the giant saw growth in every segment pretty much. led by 36% in coal, even as volumes were actually down 2% year-over-year due to production in the mines 31% gross margin in automotive as the company said that the semiconductor challenges continue to ease and 26% growth there trucking due to higher pricing and fuel recovery and they've been able to attract more drivers. the operating ratio was 59.5%. operating expenses up about 25% year-over-year fuel costs up nearly $200 million and the company included $43 million in labor expenses related to the tentative union agreements crew availability did improve during the quarter but csx is starting to, well they're going to target double-digit revenue and operating income growth for the full year. despite the fact that they say that the situation does remain uncertain but they do see things starting to get back
bertha coombs is on that tonight. >> it is beating on the top and bottom line. adjusted earnings of 52 cents was 2 cents better than the expectation. revenues of $3.9 billion compared to $3.74 billion estimate the giant saw growth in every segment pretty much. led by 36% in coal, even as volumes were actually down 2% year-over-year due to production in the mines 31% gross margin in automotive as the company said that the semiconductor challenges continue to ease and 26% growth there...
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Oct 18, 2022
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i'm bertha coombs and this is your cnbc update goldman sachs leading the s&p 500. traders reacting positively to strong quarterly results and major rear structuring plan. ceo telling investors to be more wary of risktaking. >> it is timely cautious, if you look at, if you look at what most economists are prisedictin slow to know growth in the u.s negative growth across other developed economies in europe. that environment heading into 2023 is one you have to be cautious and prepare for. >> lockheed martin serving after topping estimate adding $14 billion to its stock buyback program. >>> and home builder sentiment fell sharply this month thanks to higher mortgage rates and continuing supply chain constraints. with the extension of a short-lished drop beginning of the pandemic, the nhab index is at its lowest level in over ten years. >>> and federal prosecutors charged a french multi-national company with sponsoring the terrorist group isis lafarge cement pleaded guilty to paying isis about $17 million to help keep a plant in syria running. lafarge denies payments w
i'm bertha coombs and this is your cnbc update goldman sachs leading the s&p 500. traders reacting positively to strong quarterly results and major rear structuring plan. ceo telling investors to be more wary of risktaking. >> it is timely cautious, if you look at, if you look at what most economists are prisedictin slow to know growth in the u.s negative growth across other developed economies in europe. that environment heading into 2023 is one you have to be cautious and prepare...
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Oct 4, 2022
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i'm bertha coombs, and here's your cnbc news update at this hour a michigan judge dropped charges againstndal. among the seven are two former state health officials blamed for deaths from legionnaires' disease. >>> in new york, a judge says steve bannon is unlikely to stand trial until late next year on charges that he defrauded donors who gave money to build a wall on the u.s. border with mexico prosecutors say bannon promised all donations would go to constructing the wall, but instead, he allegedly enriched himself and his friends. bannon denies the charges and pleaded not gouilty. >>> one of country music's greatest icons has died. loretta lynn, whose songs spoke to the american working class, especially women, was 90 years old. lynn's best known song, of course, was the 1970s hit, "coal miner's daughter," an old to her father who died of black lung disease. melissa, my favorite might be, you're the reason our kids are ugly it's a classic country title, isn't it >> it really is. the raw truth, right that's the beauty of country music. >>> ahead, domino's higher by 4% u.p.s. upgrading
i'm bertha coombs, and here's your cnbc news update at this hour a michigan judge dropped charges againstndal. among the seven are two former state health officials blamed for deaths from legionnaires' disease. >>> in new york, a judge says steve bannon is unlikely to stand trial until late next year on charges that he defrauded donors who gave money to build a wall on the u.s. border with mexico prosecutors say bannon promised all donations would go to constructing the wall, but...
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Oct 6, 2022
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analyst believes macro head winds are in the stock down around 30% from january now let's get to bertha coombs a cnbc news update >> here's what's happening at this hour. four members of a california family including an 8-month-old were kidnapped on monday and have now been found dead the 48-year-old suspect is in custody in connection with the case he is talking to investigators from a hospital after a suicide attempt. for full details on that investigation and what evidence authorities are collecting, tune into the news at 7:00 p.m. eastern. >>> actor kevin spacey appearing in a manhattan federal court tuesday morning as trial is set to begin nearly five years after anthony rapp accused spacey of sexual abuse rapp is suing spacey for $40 million over an alleged encounter in spacey's home in 1986 when rapp was just 14 the trial marks the first time spacey will defend himself in front of a jury. >>> the january 6th committee is scheduling its next hearing for thursday, october 13th it will likely be the last hearing before the midterm elections. melissa, back over to you. >> bertha, thank you
analyst believes macro head winds are in the stock down around 30% from january now let's get to bertha coombs a cnbc news update >> here's what's happening at this hour. four members of a california family including an 8-month-old were kidnapped on monday and have now been found dead the 48-year-old suspect is in custody in connection with the case he is talking to investigators from a hospital after a suicide attempt. for full details on that investigation and what evidence authorities...
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Oct 19, 2022
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support from their employer to address those issues now some women are speaking up here is cnbc's bertha coombsson was in line for a major job, but she felt sick. >> i was tired and i was achy, and i didn't have a perfect solution for how i was going to feel better. >> reporter: it was the onset of menopause. nothing seemed to help, so she walked away from that job. >> honestly, i thought that it could impact my ability to do the role effectively, and that i would lose respect inside the organization because it would -- it would put that like double whammy of ageism and sexism on me where i would be the old woman in the job >> reporter: 43% of u.s. working women are 45 or older, prime age for menopause. and their age group is the fastest growing segment of the workforce. >> a lot of women in that age are your best managers and your best senior leaders. and you also want to retain them if you want to be able to have gender equality in the workplace at the senior most levels of corporate america. >> all right, here we go. >> reporter: this month, health tech firm maven clinic, which specializes i
support from their employer to address those issues now some women are speaking up here is cnbc's bertha coombsson was in line for a major job, but she felt sick. >> i was tired and i was achy, and i didn't have a perfect solution for how i was going to feel better. >> reporter: it was the onset of menopause. nothing seemed to help, so she walked away from that job. >> honestly, i thought that it could impact my ability to do the role effectively, and that i would lose respect...
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Oct 25, 2022
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. >>> now to bertha coombs for a cnbc news update >> here's what's happening in this hour, in the westk, israeli forces say they raided a palestinian bomb lab and exchanged fire with militants. palestinian authorities say five people were killed and 20 were injured. thousands of people mourned the dead in a funeral procession through the city ukrainian energy sofficials say that russia is probably preparing an attack at the zaporizhzhia nuclear power plant. this is as russian officials continue to accuse ukrainian forces of preparing to use a so-called dirty bomb the ukrainian officials say an explosion at the nuclear plant could spread radioactive contamination across hundreds of square miles on the news, shep this evening will unpack the competing nuclear accusations and what they mean for the war in ukraine. that's tonight at 7:00 eastern >>> and serena williams says that she is not retired. the tennis legend says the chances of her returning to play are quote, very high before this summer's u.s. open, williams said that she was stepping away from tennis, but did not specifically sa
. >>> now to bertha coombs for a cnbc news update >> here's what's happening in this hour, in the westk, israeli forces say they raided a palestinian bomb lab and exchanged fire with militants. palestinian authorities say five people were killed and 20 were injured. thousands of people mourned the dead in a funeral procession through the city ukrainian energy sofficials say that russia is probably preparing an attack at the zaporizhzhia nuclear power plant. this is as russian...
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Oct 25, 2022
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i'm bertha coombs. stocks higher this morning with nearly every sector in positive territory.retionary stocks among top performers so far. within that group particular strength in home builders. pulte group, dr holton and lennar after recent underare perfo performance. home depot andlowes off their lows. >>> and commuting one of the strongest parts of tech. earnings could show a slowdown for names like microsoft which we discuss top of the hour don't go anywhere. >> announcer: real time exchange sector sort is sponsored by -- ♪ ♪ no more waiting. no more running. [ screaming ] we finish this tonight. >>> welcome back we've got stocks building on that rally from yesterday. i want to go to bob pisani bob, have you heard about a massive trade, strangle with february 3300s but resulted in about 1. billion dollars worth of stock having to be bought that may be one reason why we sort of moved a bit higher in the last, call it 15s, 20 minutes. >> disappointing guidance and the overall trend up highs for the day here first the ones obvious beats coke outstanding one of the day trading
i'm bertha coombs. stocks higher this morning with nearly every sector in positive territory.retionary stocks among top performers so far. within that group particular strength in home builders. pulte group, dr holton and lennar after recent underare perfo performance. home depot andlowes off their lows. >>> and commuting one of the strongest parts of tech. earnings could show a slowdown for names like microsoft which we discuss top of the hour don't go anywhere. >> announcer:...
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Oct 31, 2022
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. >>> welcome back i'm bertha coombs. here's your cnbc news update at this hour.jor ukrainian cities are reporting a massive wave of russian attacks. the mayor of kyiv says that supplies have been knocked out for more than 80% of the city. russian authorities say they attacked military and energy targets. >>> in brazil, a mixed reaction to da silva's narrow win in yesterday's presidential election incumbent president has not reported newspapers are reporting da silva's victory. >>> in seoul, the investigation of the crowd surge that killed more than 150 people is under way. police are being criticized for assigning just 137 officers to an event expected to draw tens of thousands of revelers here in the u.s., the powerball jackpot has hit $1 billion for tonight's drawing. the lump sum payout is just under $500 million it's the fifth largest lotto prize ever in america. there has not been a powerball jackpot winner since early august and i've got my ticket on my phone now because otherwise i would just lose the ticket >> you're going to be able to afford a lot more
. >>> welcome back i'm bertha coombs. here's your cnbc news update at this hour.jor ukrainian cities are reporting a massive wave of russian attacks. the mayor of kyiv says that supplies have been knocked out for more than 80% of the city. russian authorities say they attacked military and energy targets. >>> in brazil, a mixed reaction to da silva's narrow win in yesterday's presidential election incumbent president has not reported newspapers are reporting da silva's...
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Oct 12, 2022
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bertha coombs has that for us. >> hey, david. here is your cnbc news update at this hour.ved updated covid booster shots for younger children moderna's new vaccine is authorized for kids age 6 and older. the pfizer biontech shot is approved for children as young as 5 years of age. >>> three s.w.a.t. officers were shot this morning while serving a homicide arrest warrant at a home in philadelphia the suspect was fatally shot while trying to escape two other people in the home were arrested. the three officers are recovering at a local hospital and are said to be doing well. >>> for the second time in five days, the zaporizhzhia nuclear plant has lost all external power. ukrainian officials blame russian missile attacks which continue across the country for a third day. the plants are relying on emergency diesel power to operate critical safety steps. >>> on a much lighter note here at home, a truck carrying watermelons flipped over on a massachusetts highway down in fall river last night. most of the road was shut down for hours as crews cleaned up debris and hundreds of sm
bertha coombs has that for us. >> hey, david. here is your cnbc news update at this hour.ved updated covid booster shots for younger children moderna's new vaccine is authorized for kids age 6 and older. the pfizer biontech shot is approved for children as young as 5 years of age. >>> three s.w.a.t. officers were shot this morning while serving a homicide arrest warrant at a home in philadelphia the suspect was fatally shot while trying to escape two other people in the home were...
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Oct 18, 2022
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i'm bertha coombs with your cnbc update the skies over kyiv filled with smoke as russian missile ande one of today's targets was a thermal power station. ukrainian president zelenskyy says nearly a third of the country's power stations have been hit in the last week, causing massive blackouts. >>> growing concern for the safety of an iranian female athlete who competed without her country's mandatory hijab. medal winning rock climber took fourth in this competition the post on her instagram account says her lack of hijab was unintentional. nbc news has been unable to confirm she wrote the post she has flown back to iran as protests there over hijabs and morality laws enter their fifth week. >>> parts of the midwest are getting pounded by an early and heavy winter snowstorm more than a foot of snow has fallen in parts ofmichigan and wisconsin. lake superior, waves up to 28 feet high are being forecast a deep freeze across much of the country east of the rockies has already brought record low temperatures as far south as arkansas you know, there's just something wrong when you get snow
i'm bertha coombs with your cnbc update the skies over kyiv filled with smoke as russian missile ande one of today's targets was a thermal power station. ukrainian president zelenskyy says nearly a third of the country's power stations have been hit in the last week, causing massive blackouts. >>> growing concern for the safety of an iranian female athlete who competed without her country's mandatory hijab. medal winning rock climber took fourth in this competition the post on her...
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Oct 7, 2022
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. >>> welcome back i'm bertha coombs and here's your cnbc news update at this hour russia has now usingian targets. the ukrainian held zaporizhzhia, ukrainian officials say 11 people are dead there after a strike damaged two infrastructure facilities as emergency workers rescued almost two dozen people >>> president joe biden saying the risk of nuclear armageddon is at the highest level since the 1962 cuban missile crisis. this comes as russian officials speak of the possibility of using tactical nuclear weapons after suffering significant setbacks in their eight-month invasion of ukraine. biden added that vladimir putin was not joking when he talked about using chemical weapons >>> and human rights activists from ukraine, belarus and russia are being awarded this year's nobel peace prize. the russian rights group, memorial, center for civil liberties in ukraine and belarusian human rights activist ales bialiatski share the prize. he has been imprisoned on a tax charge that is believed to be politically motivated. >>> we're about an hour into today's trading session. the s&p is down 2%b
. >>> welcome back i'm bertha coombs and here's your cnbc news update at this hour russia has now usingian targets. the ukrainian held zaporizhzhia, ukrainian officials say 11 people are dead there after a strike damaged two infrastructure facilities as emergency workers rescued almost two dozen people >>> president joe biden saying the risk of nuclear armageddon is at the highest level since the 1962 cuban missile crisis. this comes as russian officials speak of the...