Will america become the worlds number one producer in 2018 . First, the week began with news that saudi Prince Alwaleed Bin Talal had been freed after more than two months in detention in the ritzcarlton in riyadh. He was allowed home after reaching a settlement. He will remain at the helm of his company, kingdom holding. , erasing the losses he had sustained. I got more from the story from riad hamade. Riad we heard earlier last week that they want to wind the whole thing down. They said that 90 people have been released, and they have got 95 further people in the ritz waiting, either to be sent to jail, taken to the prosecutor, or released. Over the weekend, we had the release of these very highprofile names. Alwaleed was the biggest name and the one that captured peoples imagination, but there were a couple other billionaires and officials released as well. Yousef two key names. The head of the middle east broadcasting, a very powerful figure, and the billionaire founder of one of t
Current chair. Will the gdp switch sway . 4 00 a. M. In london, this is Bloomberg Markets middle east. Im yousef gamal eldin in dubai. Davos, you likely have time to go before that. Off and away, especially given where you went stocks have been trading. Another fresh sense of records set. Its written you lets run youth group key Asset Classes. Outflanking some concerns we got out of davos. Worries about protectionism and possible trade as well. He was dollar index, down 3 10 of 1 , a threeyear low. U. S. 10 year yield 2. 66 as it. Tands gold a little bit of an upside, weaker dollar feeding into that six weekly gain. Lets go to global markets. Turkish stock story, up one point 8 of muted reactions to a border offensive when it comes to syria, and the ongoing appetite for yields in the emerging markets. Up 1 10 of 1 . To 759 lasty 12 week, the highest since september. Discounts, the smallest in five months. Dollaryen the other big pop in majors from the currency front,. 08. 58 we will ge
Blockbuster contract. The fallout for fox and much more as power lunch starts right now. Happy monday. Stocks trying to build on what build the perfect week last week and its looking good. More record highs today. We pulled back just a bit. Earlier another record day and check out some of the movers. Investors arent playing around with hasboros week guidance. The biggest loser in the s p 500 right now but vans and vf corp going the other way. They raised their four year forecast. Also boosting their dividend by 10 . Im melissa lee we begin this hour with new comments from President Trump. Eamon javers is live with the latest. Reporter the president s with the Prime Minister of singapore today. Theyve had a number of events already. Some more on the schedule later on throughout the afternoon. Just within the past couple of minutes we saw the president sitting down there, you see the Prime Minister there in the oval office with the president. We also saw them signing a deal for Singapore
Coming the new bellwethers it could be argued that ge has not been a bellwether for a very long time. Meantime tesla shares also under pressure today over under certainty around whether the electric vehicle maker will be opening a new factory in china were going to separate fact from fiction on this one. And after the bell, soon youll be able to order takeout directly from the amazon app the head of amazon payments will be joining us exculusively to talk about the ecommerce giants latest announcement. Everybodys getting into the Payment System business right now apple pay, amazon pay. International, too. Alibaba pay, ali pay. Absolutely. Lets get to the top story out of washington. That would be tax reform and a major change being floated by republican lawmakers that could have a huge impact on your Retirement Savings cnbcs ylan mui is in washington with that story. Ylan reporter bill, a capitol hill source told me they were looking at lowering the limit on how much you can contribute
Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening and thanks for joining us. A Small Town Church about 30 miles east of san antonio has become the site of americas latest mass shooting. Today, a lone armed man walked into sunday services at the First Baptist church in sutherland springs, texas, a community of about 700 people, and began shooting parishioners, and then he fled the scene. Eyewitnesses say the incident began during the 11 00 a. M. Service, when they heard the sound of semiautomatic gunfire. Police who responded to 911 calls chased the shooter and, in the words of the local sheriff, he was taken down. But it wa