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Jul 20, 2019
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gerry: yeah.rner, just to be clear, which was the guy in new york who was choked to death, by the way, that, t-shirt that you're wearing is related to that, the guy they filmed, i think -- >> yes, indeed. ramsey, he's actually the only person that's been punished in the death of eric garner. he filmed it. there's an interdepartmental trial going on. the officer, danny pantaleo, still has a job as a police officer. gerry: i want to get to what the response to crowd when you were this at that trump rally. you said it was warm, they listened to you, they were willing to listen. so they're not all -- >> i mean, the bottom line is when you speak truth, some people listen. yes, there were racists there. those people who were racist were allowed and then others, but there are some that had a come to jesus moment and were like, whoa, this black lives matter guy actually sounds educated and is making some logical points. let's see what he has to say. and some of those people i've worked with like on the fo
gerry: yeah.rner, just to be clear, which was the guy in new york who was choked to death, by the way, that, t-shirt that you're wearing is related to that, the guy they filmed, i think -- >> yes, indeed. ramsey, he's actually the only person that's been punished in the death of eric garner. he filmed it. there's an interdepartmental trial going on. the officer, danny pantaleo, still has a job as a police officer. gerry: i want to get to what the response to crowd when you were this at...
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Jul 13, 2019
07/19
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gerry: what has changed.ome think the fed is responding for criticism of donald trump who is been vocal for some time. they said they should not of raised rates as much as they have. and some say mr. powell and his colleagues had had a genuine change of heart on policy. the chairman said this week as you heard, there is warning signs that the economy is slowing and some pessimists even fear the recession could be in the future. perhaps the biggest reason is inflation rate or the lack of it. the fed has repeatedly overestimate the price increases over the last few years. one years it has been raising rates. it looks as though it may have broken. mr. powell acknowledged that this week and announcing to the fed main interest rate which is after the recent increases we have seen, stubble of 2.5%. that rate can even go lower interest rates are indeed headed down. what will this mean for the broader economy and financial markets. what is the business outlook ahead. what makes big growth areas for the u.s. economy.
gerry: what has changed.ome think the fed is responding for criticism of donald trump who is been vocal for some time. they said they should not of raised rates as much as they have. and some say mr. powell and his colleagues had had a genuine change of heart on policy. the chairman said this week as you heard, there is warning signs that the economy is slowing and some pessimists even fear the recession could be in the future. perhaps the biggest reason is inflation rate or the lack of it. the...
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Jul 27, 2019
07/19
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gerry: the clock is exhausted. gerry: they been saying that as long as we can remember. and wouldn't it -- >> i've only been saying it for 35 or 40 years. gerry: they go they have not listen to you. but wouldn't make it actually, give it a bit of leverage, if you actually said to them you know, do this and stop doing the monetary stuff or we may have to you know take action on the currency front. >> no. no i don't think so. i don't like that idea. i think currencies of the center. u.s. dollar as the world reserve currency and president trump wanted to remain so. that is anchor and is a good thing. i do see glimmers. my friend boris johnson is now the prime minister of britain. i know he has some supply-side bones in his body. look even present macron. we do not agree with his digital tax. i think it's a big mistake by president macron has moved corporate tax rate down and he is seeking out labor reforms. i think we'll have interesting discussion there. but again, think president trump will take the lead.the growth program which has shown results and if we do not say it,
gerry: the clock is exhausted. gerry: they been saying that as long as we can remember. and wouldn't it -- >> i've only been saying it for 35 or 40 years. gerry: they go they have not listen to you. but wouldn't make it actually, give it a bit of leverage, if you actually said to them you know, do this and stop doing the monetary stuff or we may have to you know take action on the currency front. >> no. no i don't think so. i don't like that idea. i think currencies of the center....
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gerry: thank you both. gerry: thank you both.will be ♪ ♪ here i go again on my own ♪ goin' down the only road i've ever known ♪ ♪ like a-- ♪ drifter i was ♪born to walk alone! you're a drifter? i thought you were kevin's dad. little bit of both. if you ride, you get it. geico motorcycle. 15 minutes could save you 15% or more. hey! i live on my own now! i've got xfinity, because i like to live life in the fast lane. unlike my parents. you rambling about xfinity again? you're so cute when you get excited... anyways... i've got their app right here, i can troubleshoot. i can schedule a time for them to call me back, it's great! you have our number programmed in? ya i don't even know your phone anymore... excuse me?! what? i don't know your phone number. aw well. he doesn't know our phone number! you have our fax number, obviously... today's xfinity service. simple. easy. awesome. i'll pass. it's a revolution in sleep. the sleep number 360 smart bed is on sale now during our lowest prices of the season. it senses your movement, and a
gerry: thank you both. gerry: thank you both.will be ♪ ♪ here i go again on my own ♪ goin' down the only road i've ever known ♪ ♪ like a-- ♪ drifter i was ♪born to walk alone! you're a drifter? i thought you were kevin's dad. little bit of both. if you ride, you get it. geico motorcycle. 15 minutes could save you 15% or more. hey! i live on my own now! i've got xfinity, because i like to live life in the fast lane. unlike my parents. you rambling about xfinity again? you're so...
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gerry: so what should be done? said congress needs to authorize more money to increase facilities. isn't though, in a sense -- and i don't want to sound inhumane here, but the more spacious you make these facilities, the better able to deal with these number, isn't that in a funny way going to encourage people to come as well? right now if people are getting the impression that it's a terrible kind of hell, they might think of not coming. if you make it better -- >> they're too cold, they're overcrowded, they think it's too cold because the people coming up probably never experienced air-conditioning, and they're coming from very bad circumstances anyway. three things you need to have, change the flores agreement. you bring a child apart, we should be able to detain them in a family residential center with childcare, pediatricians, dentists, child psychologists, proper medical attention, psychological attention and supplying them meals and care. the flores settlement agreement says you can only keep them for 20 day
gerry: so what should be done? said congress needs to authorize more money to increase facilities. isn't though, in a sense -- and i don't want to sound inhumane here, but the more spacious you make these facilities, the better able to deal with these number, isn't that in a funny way going to encourage people to come as well? right now if people are getting the impression that it's a terrible kind of hell, they might think of not coming. if you make it better -- >> they're too cold,...
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Jul 18, 2019
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gerry joins us from the stock exchange. at first glance, gerri, this looks pretty good for microsoft. >> i tell you it does look pretty good. eps bottom line, $1.37. as you said the estimate was only 1.21. pretty spectacular there. revenues at 33.7 billion. that is a beat as well. cloud revenue, this is main part, this is the big kahuna for microsoft. cloud revenue, azure business 11.39 billion that ace revenue number. it was expected to be 11.03 billion. so they beat that number. not by a lot. just a little bit. returning 7.7 billion to shareholders and dividends. that is a big headline for microsoft. only trillion dollar company in the u.s. at this point, reporting very positive earnings announcement. as you saw we came into the earnings announcement, the president said he would be reviewing this this pentagon clough account given to amazon. linkedin, revenue rose 25%. i think that is pretty much due to my producer down here using it all the time. that is a big positive for the company. positive upbeat earnings for micros
gerry joins us from the stock exchange. at first glance, gerri, this looks pretty good for microsoft. >> i tell you it does look pretty good. eps bottom line, $1.37. as you said the estimate was only 1.21. pretty spectacular there. revenues at 33.7 billion. that is a beat as well. cloud revenue, this is main part, this is the big kahuna for microsoft. cloud revenue, azure business 11.39 billion that ace revenue number. it was expected to be 11.03 billion. so they beat that number. not by...
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let's go right to gerri willis for the numbers. gerri?orter: this is a big surprise on the upside. the stock performing up 7% in after-hours training. here is what they say, quarter two we achieved record production, record production of 87,048 vehicles. record deliveries of 95,240 vehicles. this has been a sore spot, sticking point for the company. they have not been able to get the cars into market as they wanted to. this problem could be ending this quarter. tesla says we believe we're well-positioned to grow total production and deliveries in q3. we achieved second quarter, deliveries of 95,200 vehicles. vehicles in transit at the end of the quarter? 7400. the model 3 drilling down to one of cars they're focused on. over 72,000 produced in the quarter. good news for tesla. the shares are up handily, up 7.3%. melissa. melissa: thank you, gerri, big number for tesla. president trump's re-election bid was able to raise a total of $105 million in the second quarter of the year. that just blew away his democratic rivals who released their
let's go right to gerri willis for the numbers. gerri?orter: this is a big surprise on the upside. the stock performing up 7% in after-hours training. here is what they say, quarter two we achieved record production, record production of 87,048 vehicles. record deliveries of 95,240 vehicles. this has been a sore spot, sticking point for the company. they have not been able to get the cars into market as they wanted to. this problem could be ending this quarter. tesla says we believe we're...
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Jul 15, 2019
07/19
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the police knew all about gerry matovu.ay we can reveal that matovu had even drugged and robbed port himself just before port was arrested for killing four men, prompting this misspelt exchange on whatsapp. "i hope you don't do that again to anyone, because it's not only dangerous, but to then take their stuff is criminal," port wrote. to which matovu replied, "i'm so sorry, and it won't happen ever again." but gerry matovu did go on robbing people with drugs. after killing eric michaels, he brazenly left with a suitcase of loot. he's a liar, he's a hustler, he's a thief. he had no regard for a person's welfare, no regard at all for their life, because he's using a really dangerous drug to facilitate his crimes. five times, gerald matovu's previous robberies using ghb had been reported to police, but the investigations were limited. for example, at this east london hotel last may, matovu targeted a dutch businessman. here, matovu drugged him and stole all his possessions, including his clothes, his laptop, his mobile phones
the police knew all about gerry matovu.ay we can reveal that matovu had even drugged and robbed port himself just before port was arrested for killing four men, prompting this misspelt exchange on whatsapp. "i hope you don't do that again to anyone, because it's not only dangerous, but to then take their stuff is criminal," port wrote. to which matovu replied, "i'm so sorry, and it won't happen ever again." but gerry matovu did go on robbing people with drugs. after killing...
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Jul 15, 2019
07/19
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the police knew all about gerry matovu.l killer. today we can reveal that matovu had even drugged and robbed port himself just before port was arrested for killing four men, prompting this misspelt exchange on whatsapp. but gerry matovu did go on robbing people with drugs. after killing eric michels, he brazenly left with a suitcase of loot. he's a liar, he's a hustler, he's a thief. he had no regard for a person's welfare, no regard at all for their life, becayse he's using a really dangerous drug to facilitate his crimes. five times, gerald matovu's robberies using ghb had been reported to police, but the investigations were limited. for example, at this east london hotel last may, matovu targeted a dutch businessman. here, matovu drugged him and stole all his possessions, including his clothes, his laptop, his mobile phones, and his bank cards. he even took the flatscreen television and the toilet brush from the hotel bedroom. but police failed to identify the man who had drugged his victim into unconsciousness, even tho
the police knew all about gerry matovu.l killer. today we can reveal that matovu had even drugged and robbed port himself just before port was arrested for killing four men, prompting this misspelt exchange on whatsapp. but gerry matovu did go on robbing people with drugs. after killing eric michels, he brazenly left with a suitcase of loot. he's a liar, he's a hustler, he's a thief. he had no regard for a person's welfare, no regard at all for their life, becayse he's using a really dangerous...
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Jul 15, 2019
07/19
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the police were well aware of gerry matovu.cted of selling drugs to stephen port, the notorious ghb serial killer. today we can reveal that matovu had even drugged and robbed port himself, just before stephen port was arrested for killing four men, prompting this exchange on whatsapp. i hope you don't do that again to anyone, as it's not only dangerous, but to then take their stuff is criminal. port wrote. to which matovu replied. i'm so sorry, and it won't happen ever again. this case has highlighted once more how police don't always take the misuse of this incredibly dangerous drug seriously enough. any allegation of anything involving ghb in the future should be taken very, very seriously and investigated every time. eric michels' sons want the drug laws to be changed to recognise just how lethal ghb can be. daniel sandford, bbc news. a man has appeared in court charged with the murder of a pregnant woman in south london, and the manslaughter of her baby son. kelly mary fauvrelle was eight months pregnant when she was attack
the police were well aware of gerry matovu.cted of selling drugs to stephen port, the notorious ghb serial killer. today we can reveal that matovu had even drugged and robbed port himself, just before stephen port was arrested for killing four men, prompting this exchange on whatsapp. i hope you don't do that again to anyone, as it's not only dangerous, but to then take their stuff is criminal. port wrote. to which matovu replied. i'm so sorry, and it won't happen ever again. this case has...
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Jul 1, 2019
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what is going on there, gerri? >> the u.s. economy has been in expansion longer than any other expansion. ten years without a recession, ten years without a slow down. now, you know, granted it's been a slow recovery. certainly not the 5, 6% we've seen in past years and other times but it's an expansion and we've had low inflation. so that's the very good news for this economy. you know, it's funny. people think the recession will end. the recovery gets old and it has to die. maybe not. maybe it continues. we're looking at possibly a rate cut this month. if that happens, well, anything could happen. the expansion could continue for years to come. trace, back to you. >> i'm just curious, gerri, what is wall street looking for for these chinese and american talks on trade? what is the next benchmark they're looking for to keep this rally going? >> so interestingly, i've been talking to traders about this for weeks. at this point, all they really care about is getting some kind of deal done. any kind of deal. they're not even par
what is going on there, gerri? >> the u.s. economy has been in expansion longer than any other expansion. ten years without a recession, ten years without a slow down. now, you know, granted it's been a slow recovery. certainly not the 5, 6% we've seen in past years and other times but it's an expansion and we've had low inflation. so that's the very good news for this economy. you know, it's funny. people think the recession will end. the recovery gets old and it has to die. maybe not....
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Jul 10, 2019
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liz: let's get to gerri willis at the big board. what a day for our money, gerri. gerri: the markets with all three major averages flirted with sticking with all-time highs before the close. the dow components, microsoft, visa, all hitting all-time highs. 4.5% as the government reported inventories shrank because oil rigs were being evacuated because of bad weather down in the gulf of mexico. amazon hitting 2,000 for the first time since october 1 of last year. liz: labor secretary alex acosta defending his handling of what critics say was a sweetheart plea deal for sex offender jeffrey epstein. this has democrats nancy pelosi and charles schumer demanding acosta resign. reporter: alex acosta saying his. he says he has no plans to step down as labor secretary. >> my relationship with the president is outstanding. my relationship with me and mr. mulvaney, he called me this morning to say our relationship is excellent, too. reporter: acosta says during his tenure as u.s. attorney in florida that his office fought for tougher punishment for epstein and pushed to put h
liz: let's get to gerri willis at the big board. what a day for our money, gerri. gerri: the markets with all three major averages flirted with sticking with all-time highs before the close. the dow components, microsoft, visa, all hitting all-time highs. 4.5% as the government reported inventories shrank because oil rigs were being evacuated because of bad weather down in the gulf of mexico. amazon hitting 2,000 for the first time since october 1 of last year. liz: labor secretary alex acosta...
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Jul 12, 2019
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gerri willis with today's business brief. gerri: that's right, liz. prototype may have been spotted on a highway in the golden state in recent months with its driver's seat empty. autopilot had been a possibility from the get-go when the truck was first announced in 2017 but production on a fully-functioning semi which was set to begin earlier this year has been delayed to late next year, though shares are up 2%. >>> google caught in a new web. the tech giant admitting that an employee in holland leaked private conversations of google assistant users has been recorded without their knowledge. an investigation is ongoing. shares of alphabet up marginally. >>> goldman sachs upgraded the [ inaudible ] to a buy. shares right now down about 1%. >>> up next, the controversial monetary issue that has president trump agreeing with his fed chair and the oracle of omaha, next on "countdown." at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to
gerri willis with today's business brief. gerri: that's right, liz. prototype may have been spotted on a highway in the golden state in recent months with its driver's seat empty. autopilot had been a possibility from the get-go when the truck was first announced in 2017 but production on a fully-functioning semi which was set to begin earlier this year has been delayed to late next year, though shares are up 2%. >>> google caught in a new web. the tech giant admitting that an employee...
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let's go to gerri willis on floor of new york stock exchange. hey, gerri. reporter: melissa, chip stocks really surging here. qualcomm, micron surging. stock inex-up 2.5%. why? president tweeting this at the request of high-tech companies and president xi i agreed to allow chinese company huawei to buy products from them that will not affect national security. people in washington are debating this whether it's a good idea, bad idea. wall street thinks of the stocks moving higher. intel started higher, had a hiccup and fell also higher. another stock doing well in the wake of the weekend's news. apple shares, trading higher, very well indeed. wedbush analyst dan ives says apple is the biggest of the g20 winners. apple relies on china for 20% of sales. big news for apple. meanwhile we're following a story out of menlo park, california. a bag there found in the mailroom facility of facebook, highly toxic sarin found there. we heard about this. there are pictures from kttv. we hear from the fire department, confirming these reports. staff evacuated. the bag wa
let's go to gerri willis on floor of new york stock exchange. hey, gerri. reporter: melissa, chip stocks really surging here. qualcomm, micron surging. stock inex-up 2.5%. why? president tweeting this at the request of high-tech companies and president xi i agreed to allow chinese company huawei to buy products from them that will not affect national security. people in washington are debating this whether it's a good idea, bad idea. wall street thinks of the stocks moving higher. intel started...
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Jul 11, 2019
07/19
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gerri willis. is fully outfitted down on the floor of the new york stock exchange on record-setting day. hey, gerry. reporter: united health systems was propelled. trump agreed to kill a proposal that would overhaul rebates collected by middlemen in the drug business, between the insurance companies, the drug companies. he is going to kill that. the drug company costs that really helped company like unitedhealthcare that has optum rx is their middleman company. they are on fire as are others in the category. nasdaq got slaughtered today, they missed their record close because what is happening to pharma stocks. pfizer, merck, lily, all the stocks down. why? because they expect trump to turn to directly possibly going after these drug companies to control drug prices. so this is all about fear and loathing in the stock market right here. eli lilly down 4%. pfizer down two and change. merck down nearly 5%. they're all worried about that, back to the s&p 500 for just a second. i don't know how much cl
gerri willis. is fully outfitted down on the floor of the new york stock exchange on record-setting day. hey, gerry. reporter: united health systems was propelled. trump agreed to kill a proposal that would overhaul rebates collected by middlemen in the drug business, between the insurance companies, the drug companies. he is going to kill that. the drug company costs that really helped company like unitedhealthcare that has optum rx is their middleman company. they are on fire as are others in...
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Jul 10, 2019
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melissa: let's go to gerri willis on those markets. gerri. reporter: what a day down here. we were on record for all the indexes. only the nasdaq made it. walmart, microsoft, travelers, visa amex, proctor & gamble, all sitting at all-time highs, boosting the dow, really giving it a run for its money. about 93 points off the record high for the index, however. s&p, looky what i have here, s&p 3,000. we almost made it. we were shy just a point. best performing sectors, energy an communications for the s&p 500. really meaningful when the s&p is at an all-time high like this. it is 500 stocks. dow is much broader index. that is the 88th record close untrump. meanwhile oil up 2.5%. settling higher after the government said that crude inventories shrank more than expected. this is because of oil rigs being evacuated because of bad weather coming their way. finally amazon, get this, hitting $2,000 a share for the first time since october. this is one week before the amazon prime day, the big sale starts. very exciting there. i have to tell you, a good day for the markets. we like
melissa: let's go to gerri willis on those markets. gerri. reporter: what a day down here. we were on record for all the indexes. only the nasdaq made it. walmart, microsoft, travelers, visa amex, proctor & gamble, all sitting at all-time highs, boosting the dow, really giving it a run for its money. about 93 points off the record high for the index, however. s&p, looky what i have here, s&p 3,000. we almost made it. we were shy just a point. best performing sectors, energy an...
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gerri willis has details on this. gerri, this is a trend. >> this is unbelievable. let me tell you what is going on, tell you about reaction of social media. "friends." 25-year-old comedy series leaving netflix. they are going to hbo max. that is warner media's streaming service. we don't know what the price tag on that will be. netflix on social media saying this, we're sorry to see "friends" go to warner services 2020. thanks for the memory es gang. a lot of stuff posted in response. i can't say it on our network. people are upset out there. why? "friends" is one of netflix's top shows reason though it is 25 years old. ten seasons that of show. talk about virgin galactic. richard branson wants to take his space unit public so it can compete better with blue origin and spacex. these are two space companies. one launched by elon musk. the other by jeff bezos. already this company has 600 people that plunged down $80 million to go to space. presumably going public. it will help them raise much more money than that. so two interesting stories in the very public space
gerri willis has details on this. gerri, this is a trend. >> this is unbelievable. let me tell you what is going on, tell you about reaction of social media. "friends." 25-year-old comedy series leaving netflix. they are going to hbo max. that is warner media's streaming service. we don't know what the price tag on that will be. netflix on social media saying this, we're sorry to see "friends" go to warner services 2020. thanks for the memory es gang. a lot of stuff...