meanwhile, clorox announced that it's cutting nearly 200 jobs.ased company after it cut about 100 jobs last september. clorox issued an online statement announcing the reorganization, saying it in order to bring products to the market faster and to meet evolving needs. the cuts equate to about 4% of clorox's non production workforce, removing blue check marks from those who don't subscribe to the company's twitter blue ktvu lamonica. peters has more on the new verification system. yeah, i think it should have probably be free, right? like the grandfather didn't yeah. twitter started to remove the blue check from all accounts without a paid subscription for at least $8 a month. users can have a verified twitter blue account before ellen must bought twitter for $44 billion in october of last year. a blue check verification helped to identify and authentic or official account. now with twitter blew anyone who pays can be verified. but if you have to make money because he put $40 billion into it. is this right to make some money? when the company fir

we talked about consumer staples, clorox, hershey at new highs. had great earnings on friday it's been a great performer. this is another new high all right, they do urgent care, they do hospitals, a lot of facilities you go in and do medical checkups in. maybe it's not terribly exciting, it's not tech, but it's consistent performer. that's a new high. speaking of a new high, this is an historic high, merck. merck, of course, is a dow deponent the problem with merck, it's a very low volatility stock, low beta beta of about 30 it means if the s&p is up 1%, merck would only be up about a third of a percent it doesn't move much on a daily basis so people don't notice the movement of it it's been a huge, steady performer for the last several months again, this is a new high. another one sneaking up, and it's been very iffy, either side of positive or negative, but exxonmobil is slowly creeping up it's up about 6% it's been far stronger than most other energy stocks in general and it's right near a new high about 1% and greg is the specialist, one of t

clorox announced it will cut nearly 200 jobs.s the second round of layoffs for the oakland based company after it cut about 100 jobs. last september. clorox issued and online statement on thursday announcing the real organization , saying it is in order to bring products to the market faster and meet evolving needs that cuts equate to about 4% of clorox's non production workforce. time now for 24. layoffs of the espn are expected to begin next week. and wave of job cuts this year for disney, espn parent company will include managers and even tomorrow their talent. disney plans to cut 7000 jobs in three phases this year, according to reports, some employees will get the option to be laid off or take a big pay cut. the company plans to save $5.5 billion in costs. well the republican controlled house passed legislation banning transgender students from taking part in women's school sports. now that bill prevents people who were born male from playing in women's sports republicans are starting this transgender battle as a wedge issue

today's cuts are quite to about 4% of clorox's non production workforce.re lower on wall street on mixed earnings reports. the dow was down 110 points. the nasdaq fell 97 points and the s and p was off 24. shares of tesla fell nearly 10% more fallout. that is, after yesterday's report of revenue that fell short of estimates and shares of at and t were down more than 10% prosecutors have dropped the criminal charges against actor alec baldwin in the deadly shooting on the set of the movie rust in new mexico. he was pointing a pistol that cinematographer helena hutchins during a rehearsal in 2021 when the gun went off and killed her . baldwin says he thought the gun had blanks in it when he had it in his hand. the film's weapons supervisor was also charged with involuntary manslaughter. it is unclear whether that charge will be dropped. the filming of rust has resumed, but not in new mexico. filming has moved to montana. well, tonight we are lording about heroic efforts to help 16 year old ralph jarrell after he was shot last week when he went to the wrong a

>> we usually use a lot of clorox to do the dishes because sometimes, you know, there might be some microbesto disinfect. >> a cap or two of bleach while washing dishes goes a long way to protect her family of 12. they all live in this five-bedroom home in cochran. in the summer she says the heat causes mold to grow in the tank where she stores her water. >> it has a certain smell. i don't want them, you know, to get sick and then we end up in the hospital. >> it's just one more thing to cope with when you don't have safe, running water. >> there's so many things that people right now are taking for granted. sometimes we have water, sometimes we don't. >> in some ways, she feels lucky. hers is one of the few homes along the borders that has a jerry-rigged piping system. it allows water to flow from her tank into her home. but even with that, there are problems. >> right here, as you can see, it's kind of getting rested, so it won't get that much water and then it burns out eventually. sometimes it might take up particles there from the pump to inside the house, so it's kind of dangerous, but

already cut 13% back in november and they have been struggling to compete, and it isn't just tech, clorox is cutting 200 employees, about 4% of its staff. there has been an overall slowdown in job growth in california and it is pretty major, the state only added 8700 jobs last month, a tiny gain compared to the average last year. some of that has to do with the tech layoffs which is also affecting the bay area's economy. the region reversed its streak of job gains last month, the east bay in san francisco were hit really hard, the south bay was one bright spot, with a gain of more than 2000 jobs. >>> governor newsom calling on the national guard to try to help solve san francisco's fentanyl crisis, she is also committing assistance from the chp. drug users will not be punished . it's all about disrupting the large-scale trafficking operations, bringing deadly opioids here in the first place. >> we want to be able to cut off the source of how this fentanyl is even getting to our neighborhoods and our communities in the first place. this is definitely going to make a difference. >> people a

. >> what do you think, carter >> coke's relative performance to its sector, so to pepsi, clorox, colgate, proctor and gamble, it peaked in 2011. it's never quite been the one to be in. and then you see here on the screen, this is a fairly well defined series of lower hagues i think it's full. i just don't see the keys for being long i would take profits if i were long. >> boeing's got results out wednesday. shares more than 7% this year, and with the boeing story, mike, it feels like two steps forward, one step back, and this time it's with this fuselage part from spirit that had some issues. >> yeah, you know, and actually sort of on pace with that this week, for the first several days this week we saw a lot of bullish flow, and then basically investors turned it went bearish today. a lot of activity we were seeing in boeing today was actually the may 190. that's excluding thany of the option that expired today. we saw big buyers paying a little over 2 bucks a contract for that this is again one of those situations where i think it's kind of difficult to be long this one or at least to

clorox said that not all the cuts are actual layoffs.e employees were moved to fill open positions. the change could open it happen over the next two years. >>>'s a great america. the santa clara theme park will start requiring chaperones beginning this saturday. here are the roles, anyone 16 or younger must be accompanied by an adult who is at least 21. this only applies after 4:00 p.m. an adult cannot accompany more than 10 children at a time. any left alone could be subject to ejection from the park. some parents we chatted with two they said we think it is a good idea. >> i definitely think ac thrillseeking adventure spot needs to have regular parenting in normal chaperones in the situation. >> the company that owns the park says the changes because of a rising number of behavioral problems across the industry. they also put the policy into place at another one of its park down in southern california. >>> will ai destroy the earth? some scientists say maybe, if we do not regulate it. they recently published a study that showed that a

new highs on hershey, clorox, some pharmaceutical names like hca holdings we've been talking about mcdonald's a real juggernaut some of the small auto retailers, o'reilly at another 52-week highs. nothing in the tech group is close to that. it's a sign of how defensive the market is becoming yet, we don't drop much. everything else is just kind of holding up now, the regional banks have been all over it this week the numbers came out they were okay, not great. most of the regional banks are flat to slightly up. a few are down regions financial missed and it was down there was a big story that the regional banks would be facing more stringent regulation. most of these stocks are flat to slightly up for the week just bottoming would be a good thing, just not falling more on earnings after being down 25% is a victory. that's a good reason to say it's been a pretty good week overall. where are we we have about 20% of the s&p 500 reporting. no april showers we're flat for the s&p this week april is up 0.7% it's traditional an up month for the dow jones. here today up 7.7% the only thing doing bett

clorox and kimberly-clark. what does it say it was the best performing sector last week with the earnings this week >> consumer staples is the most defensive sector actually, as times get challenging, consumer staples is a sector which should out perform. it is the cyclical ones like discretionary with struggle. if you look around at the economy today, everything is ro robust a lot of strength out there. we are not expecting to see significant signs of strains, but it is starting to see a little hint of weakness starting to come through. that is what we are expecting. >> what about allocation where do bonds come into play and where do equities? we saw stats last week with money coming out of money market funds. there was thought that was to pay off tax bills. that trend do you see that continuing investors taking money out of safe instruments and putting in riskier assets which at this point are equities >> we are not expecting that to be a continuation of that trend. as i said, today things look okay as we thi

they bought more pure el, they bought clorox wipes. what were they using the $190 billion for?to hospital schools because they didn't open schools. this was used for the gender programs and ideology of the left but what gets me is the fact you have the cdc allegedly a science baseth organization taking recommendations from the teachers union and shows you how political the biden administration is and the power that money has in politics. if you're the teachers union you take your salaries from tax dollars, you pay your dues and that money goes to democrats and now you have impacting influence over when and where schools will open when as jimmy mentioned the science showed kids were safer in schools and kids weren't getting sick in schools but they kept the schools shut down because teachers wanted more time off. >> sean and i saw in wisconsin the unions were fighting to shut down the catholic schools because they didn't want to let the catholic schools you could open. thank you catholic schools. >> the facts aren't their friends. the democratic ethos, if you have the facts you

. >>> and federal judge denies the google request to delay the anti-trust trial and clorox is layingnd of layoffs for the company. >>> we have april u.s. manufacturing and services and flash pmi due out at 9:45 a.m. and on the earnings front, look for results from p&g and freepoint and regions financial. a full week of fed speeches wraps up today with lisa cook after the closing bell we get the weekly release from the fed at 4:15 p.m. this tracks the balance sheet assets and liabilities for commercial banks in the u.s. with all that, let's dive into the trading day ahead. we have tiffany mcghee at pivotal advisers tif tiffany, good morning. thank you for being here >> good morning, frank good to see you. you can add me to the list of people who got their blue check marks taken away i went on vacation and came back >> we know it is you tiffany, as you know, we asked wall street's brightest minds to use a word to describe the trading day ahead. what is your "wex" word of the day. >> my word of the day is capricious. >> you have to explain that one. >> it is an s.a.t. word. coming off m

it's a lot of the staples, clorox, some of the mercks and lilies, those that do well during the low-growth periods, and that's what is working mcdonald's ceo's will be here to talk about the environment and what they are doing on the cost side as well >>> welcome to the "halftime report." from center this hour, the state of stocks and what is next for your money as we kick off a critical week of numbers joining us today, bryn talkington and joe terranova and steve weiss. dow jones industrials down just a hair, and s&p down about 15, and the yield on the 10-year note sitting at 3.5% stocks trading water for this busy week of earnings. alphabet, microsoft, meta and amazon reporting i will turn to you first, joe, since you are sitting next to me there's so much at stake right now. we are treading water trying to make sense of where we are going. what is the top of your radar? >> the market is sitting above 4,100. it has been doing that since the early part of april. you are right, this is a huge week you have the potential catalyst that comes in the form of reports, and that's the catalyst an

a clorox, a defensive stock. 52-week high so we don't have any breakouts on top of that as tyler referenced we have a narrow trading range, not just today, today is about 20-point trading range, typical day the s&p will move maybe 40-point trading range so this is a narrow range on a daily basis, but even in the last several weeks, we've been an unusually narrow trading range and try to figure out what second half is going to look like it's really all about what side of the soft landing are you on people talk about the risk to earnings, a lot of people talk about margin risks, pressure risk, but it's pretty clear that big risk is the soft landing doesn't happen that inflation is high and going higher and that the fed remains hawkish, that the market is not positioned for this. rather, the market is positioned for this to happen but people do not want to believe it's going to happen which is why you have so much skepticism out there and people don't believe the market is correctly pricing in and don't believe that

reggie: also, oakland-based clorox is planning a second round of layoffs.cle reports about 4% of the company's nonproduction workforce will be involved. the company says it is a strategy to make the business more lean, fast and consumer focused. kumasi: i'm still thinking about patches. reggie: what are you thinking about? kumasi: how she is doing at home. where do they have her? what did she do during the day? reggie: what can she do? in my mind, her owner is jon from the garfield comics. patches is just like, mondays am i right? [laughter] kumasi: what is patches eating? it can't just be cat food. drew: snack foods. a new healthy diet, her journey. reggie: meals. drew: w gives me food? kumasi: seven things you need to know today. [indiscernible] kumasi: here are seven things to know this morning. the man accused of being the getaway driver in a deadly shooting at home depot in pleasanton is due in court this morning. court documents show the other suspect told investing it or she fired the gun to the newly after the victim tried to take a stolen item from

clorox cutting 200 jobs, though not necessarily 200 people.ll shuffle some people around and cut open positions. >> this is steph curry's twitter account. he lost his blue check from his account yesterday, so, too, did thousands of other celebrities and newsmakers, state governors, senators, even b.a.r.t. lost its blue check. twitter owner elon musk wants people to pay 8 bucks to get the check back, but the purchased blue check carries no verification. it does not prove you are who you say you are, which was the whole point of the checks. it just proves you gave elon musk $8. it gets more strange. many celebrities who had been verified as real, william shatner, stephen king, lebron james, said they would not pay for a new blue check, because it's useless. so musk didn't take their blue check away, so steph curry, professional basketball player, no check. lebron james, yeah, he's got a blue check. and here is the city of new york. it lost its blue check. it tweeted, we are the official twitter account of the city of new york, and it is. to whic

had a big debacle on his hands when it came to the covid-19 pandemic he was telling people to tak clorox to treat the virus, and he had all of these really tough issues you saw that candidate biden really stepping back and letting him muddy the waters in this case, the people who would be former presiden trump's political rivals, ro desantis, mike pence, nikk haley, tim scott all of these different republicans instead of steppin back and being quiet to see ho this goes. they are jumping out in front, likely because they want to be seen as making sure that the are with the republican party. but, it is not helping the when it comes to who could bea donald trump in some ways, it could create glide path for trump to win th gop nomination if everyone i rallying behind you. is it >> is a just there i zero currency and being tran why on this one, just let it burn it out but there is n benefit in being in front of this >> when i talk to republican it seems that this narrative o a big government that is going after every day americans, thi narrative that republicans are somehow conservative victi

policies that were pushing and how they were pushing fals narratives and sitting out there about clorox and all o that and bullying the cdc. that is what the trump administration was it was those people who ar using the government against the american people. and so you know, mike pence wa there for all of that. >> there is a lot i want t keep on going on thi conversation with you. let's take a quick break and continue on the other side olivia troye will stay with me coming, up donald trump ha been indicted as you know th stormy daniels hush money case that is not the beginning or the end of his legal troubles, we will break down for you the seven investigations int donald trump, plus putting the trump indictment into a global perspective. how other countries are lookin at this role in american new cycle and wondering what we ca learn from other democracies that i've grappled wit criminal investigations up top public officials there's my little marzipan! [ laughs ] oh, my daughter gives the best hugs! we're just passing through on our way to the jazz jamboree. [ imitates trumpet playing

hershey's clorox, lily, hca, mcdonald's, yum brands all consumer classic defensive names, but the restcals, like industrials and materials are starting to move up. here's where we are. the bottom line is, it was not -- it's so far not been nearly as bad as anybody who was afraid we got 89 companies reporting, 76% beating, close to the average good enough for government work. the beat is 5% for years, prior to covid, the average beat on the s&p was 3 to 6% so this is within the average before covid we had some whacky numbers during covid try to look at precovid when you look at the numbers. 62% beating on revenues is lighter than historical norms. the key point, guys, for the second, third and fourth quarters, the numbers are not coming down and that's because the analysts seem very reluctant to cut second half numbers ahead of the federal reserve there is still a belief out there in the soft landing that is largely predicated on the fed not only stopping, but towards the end of next year, towards the end of this year, beginning of next year, cutting rates. analysts seem reluctant to cu

staple names, coke, amazing pricing power, that's hitting the highest level since august, new high for cloroxroke out on friday terrific numbers there, 4% from a new high the staple stocks are moving we're about 20% through earnings season and the story here so far is, believe it or not, the estimates for the first quarter are going higher they're down from a year ago but the estimates have been raised in the last couple weeks and actually going up. second quarter, third quarter, fourth quarter numbers are seeing slightly lower numbers here overall, on the year we're going to be about flat, most of the strategists think we're going to be down 5 to 10% in earnings the street and analysts are not acting that way. the risk to earnings right now is just that the market is wrong, that inflation is going to be high and going higher and we're going to have a problem with the hawkish fed we'll see if that actually happens. meanwhile, the big story is over in europe. look at these returns so far the s&p is up 7% for the year. these are european indices 20%, 18%, 14%. all of europe is up 15 to 20% and

clorox in the east bay cutting 200 jobs, though not 200 people.e toasty yesterday, so sunny. >> yeah, so sunny, and that's a reminder to wear sunscreen. a lot of us are going to be outside for longer periods of time with weather like this, reaching into the mid-70s for the east bay and even some low 80s for the interior valleys. inland temperatures will reach into the low 80s today and tomorrow, just a touch cooler on sunday and a little more of a breezy wind picking up. by the middle of next week, temperatures are inching up a little more, while san francisco will see more comfortable weather with some upper 60s and then mid-60s for sunday into the next several days. it just looks amazing, kris. >> beautiful picture you have there, kari. we have more local news coming up in a half hour. we'll see you then. - lilife is uncertain. everyday pressures can feel overwhelming it's okay to feel stressed, anxious, worried, or frustrated. it's normal. with calhope's free and secure mental health resources, it's easy to get the help you and your loved ones

low as $35... ...from straight talk and now get a free phone on select plans at walmart glad con clorox en el dÍa tan feliz.. karla: bienvenidos a una nueva hora de "despierta amÉrica". [mÚsica] raÚl: nos dejaron solos bailando esta maÑana. carlos: dÍa de mercurio retrÓgrado—— [risas] ♪ estoy vaciado feliz. ——demasiado feliz. me siento o como en mi tierra. luis: quÉ consejo le das a las chicas que estÁn buscando su vestido de compromiso? >> podemos lucir cualquier color brillante y el color frÍo nunca se acaba. cÓmo te sientes? jesse: me siento medio arrepentida. ojalÁ hubiese venido para acÁ hace aÑos. >> acÁ hay diseÑos para hombres y mujeres. lo hacemos a la medida. no importa quÉ ya seas. jesse: no tienen ni fotos de mi promo? luis: podemos ver enlaces y despuÉs? hace cuÁnto tiempo? 11 aÑos? 12 aÑos? te ves igualita, mi jesse. parece que acabas de salir de high school. no de high school pero lo que acaba de salir del de la cocina es el revoltillo digital. jesse: maluma fue a la ciudad de mÉxico y compartiÓ en redes un paseo por el zÓcalo de la ciudad por donde pasÓ desapercibido, pe

trump said it was a virus and take clorox. he's bipolar. he's not right.ost: let's get anthony in green town, pennsylvania, republican line. caller: good morning, mimi. good morning, c-span. i'm disappointed in the systemic trump derangement syndrome going on here on c-span with all the democratic callers having such vitriol hatred for a man who they consistently complain he's a criminal but there are no crimes to be found. the vitriol and hatred is amazing. i listen every day. host: since you listen every day, we hear vitriol on both sides. what you think? caller: there's a hatred towards one man, ok. that man is donald trump. when he was president it was some of the best policies the country has ever seen. joe biden is in the white house now destroying our country. he really is. that's a fact. we have russia and china not going to the yuan and they will try to supplant the dollar. when that happens our country is doomed. joe biden is sitting back and letting it happen. he gets paid by the chinese. i think we will find out soon. hunter biden is selling pa