sysco reports sxerngs they will look to see if the big investments in software are starting to pay off. and president trump is meeting with benjamin netanyahu at the white house. >>> airline industry turned in its best performance in decades. u.s. airlines kansas he told just 1% of scheduled flights in 2016. the lowest cancellation rate in two years. the number of complaints about mishanded bags dropped to the lowest level ever. and the percentage of passengers bumped dropped to its lowest mark since 1995. >>> toshiba's troubles are mounting. they plan on writing off more than $6 billion. they will withdraw from the business of building nuclear power plants following acquisition more than a decade ago. the company's chairman is resigning after weeks of speculation. the estimates today could be changed by a wide margin. >> an arrest warrant is out for the snekd command. he is wanted as part of investigation into a graft scandal. a first attempt to take him into custody was rejected due to a court order. the biggest company and the heir apparent are at the heart of an investigation into

big tech names like intel and sysco by about 30%. ibm has woefully portland because they've been beset by growth issues. revenues from the old line businesses were shrinking and wasn't revenues from newer businesses like artificial intelligence replacing it. the lesson here is no amount of financial engineering like buying back shares can replace management' inability to grow the businesses. ibm has trouble growing business, the stock has trouble. buy baghd buybacks are not a panacea. >> coming up, why the president's agenda could be troublesome for the companies that have the most mortgages. >>> ceos of more than a dozen company have called on lawmakers to overhaul the corporate tax code. the chief executives argued a so-called border adjustment tax will make the u.s. products more competitive overseas. this come from last week's meeting at the white house who stay opposite. they say this type of tax would raise their costs and likely prices for consumers. >> canada's prime minister says any renegotiating of nafta would be between c

that three-panel judge or that panel of three judges present the ninth circuit over in san fridays syscos president trump had a reaction immediately. take a listen to what he said.a. it's a political decision thatin we're going to see them in courc and i look forward to do it. we have a situation where the security of our country is at stake and it's a very, veryery serious situation so we lookok forward, as i just said to seeing them in court. thank you. this is just a decision that came down, but we're going toing win the case. have you conferred attorney general on this tonight. >> no, i haven't. we just heard h the>> decision.o > how did you find out decision. >> we just saw it just like you did. > the news. >> but it's a decision that we'll win, in my pin, very easily. by the way, we won that decision in boston. > and in less than 140 characters president trump tookp to twitter to let the world know see you in court.in the security of our nation is at stake. live tonight from dulles international airport, marina maracco, fox5 local news. > a popular grocery store instr glover park is

remember, sysco and u.s. foods, blocked. >> speaking of the doj, what a morning in washington.enate confirmed steven mnuchin as treasury secretary. that vote took place in the early evening. he won 53/47 margin. that was the beginning of an eventful evening for the trump white house. national security adviser mike flynn resigned after conflicting statements about his contacts with russian officials. obviously, jim, it is all over the morning shows. today, kellyanne conway telling matt lauer this became an unsustainable situation. wouldn't say who else in the white house knew this information from doj a few weeks ago. for our purposes, how much does it complicate twhat the market s betting on? >> there is a sense that people have one foot out the door. this is the last straw. the last straw just doesn't compute versus what i see going on out here with companies, which is, there is a huge disconnect. yes, there's a lot of talk about visas. everything else is, why are you so focused on that stuff? who cares about flynn? i think you care about flynn if you're figuring out whether t

sysco matching estimates.rom bain capital will modestly heard earnings per share in the third quarter. earnings-per-share in the third quarter. also moving down, crude oil prices. we dig more in that in the commodity close about 30 minutes. chesapeake and transocean are taking a hit. this is the biggest declining group within the s&p 500 today. scarlet: we look into little later on when commodity markets close at 2:30 p.m. let's check on bloomberg first word news. emma chandra has more. emma: angela merkel says she will seek common ground with donald trump's administration. despite the differences over the travel ban, she will look at each issue separately to see if there are places where the two countries can cooperate. french presidential candidate francois fillon says he has nothing to hide, and that his wife's salary was perfectly justified. at a news conference in paris today, he said his wife worked at his parliamentary assistant for 15 years. the practice is legal, but he ballasted is no longer seen as