Neutrality program. The key takeaway, protection of an open internet and regulating the internet as utility. He writes in an oped at wired magazine online, im submitting to my colleagues the strongest open internet protections ever proposed by the fcc. These enforceable rules will ban paid prioritization and the blocking and throttling of lawful content and services. I propose to fully apply for the First Time Ever those bright line rules to mobile broad band. I spoke with chris lewis and doug break. Not a lot of big surprising news, but i must say that i think it is a disappointing move. It is largely an overblown response into a narrow question of what sort of Legal Authority that at the need to police the open internet. I am disappointed. You are disappointed because they are trying to change what disappoints you about it . Title two, there are all sorts of legal entities we crossed into. A big part of the open question is how the fcc will do the forbearance process . There are prov
Lower gas prices are not the only way to make money. How to position your portfolio. Is america ready for samesex marriage nationwide . Ruth Bader Ginsburg make some comments about a case before the Supreme Court. It is a bloomberg exclusive. Welcome to Market Makers. I am a lucky Stephanie Ruhle not only because you are with me but matt is in the house. It is thirsty thursday, nba allstar weekend is upon us. Although im sad Erik Schatzker is off skiing in deer valley there is no one i would rather have near by my side. Lets kick it off with a top stories this morning. A ceasefire in ukraine. Will this last longer than any of the others . Leaders of ukraine, russia germany, and france agreed on the choose after 18 hours of talks. Here is russian president Vladimir Putin. It was not the best night of my life but is a good morning because despite all the negotiation difficulties, we agreed on the main thing. I like to know what the best night of his night was. Ukraine has promised to giv
In u. S. History is on the books. One big winner was dish network and. Here is the controversy. This is a big business with 14 billion in sales. They used loopholes to get a Small Business price break in the auction. They claimed 3 billion in discounts. The fcc director is livid. The results were amazing. They showed once again that Consumers Want and need better wireless connectivity. I think its too early to say what to make of the winning bidders. They have a lot of spectrum. When you look at their use of this loophole to qualify as a Small Business, partnering with some entities, you have seen this coming . I dont think anybody could see it coming to this extent. That is part of whats creating such outrage. Its a front to wireless entrepreneurs for whom these discounts were intended to go. Claiming 3 billion worth of discounts makes a mockery of the program. What was the purpose . What was it intended to do . Congress directed the fcc to set up a program to help small entrepreneurs
Its statement to drop the pledge to keep rates close to zero for a considerable time. The feds twoday policy meeting begins tomorrow. The oil shock continues as crude Oil Prices Bounce back after volatile early trading. Brent had dropped to a 5 1 2 year low after the further price declines. Also in the headlines, opecs chief defending the decision not to cut the output. Wti is up by 40 cents only sitting at 58. 21. Last week 13 decline in oil prices sent waves throughout the Global Markets in the last five trading sessions. The yield on the tenyear tnote posted the biggest weekly decline in terms of a drop in terms of basis points since june of 2012. And the dow dropped almost 4 over the course of the week. That was the worst week since november of 2011. Weve been watching the equity futures this morning that look to be bouncing back, at least in early trading. You can check it out at this point, tripledigit gains for the dow futures up by 102 points. The s p 500 up by 11 points and th
Companies havent been able to pull off. Cbs and nfl have renewed the thursday night football deal. Shares of zynga tumbling after analysts overestimated the rebound in the game maker. Zynga was one of the leader in games played on facebook but now is trying to draw users on smartphones and tablets. For candy crush maker king digital, its going much better. The companys results showed they were diversifying away from the topselling game and having success with other games. Groupon is trying to convince investors that it is experiencing a turnaround. Sales were up 20 in the fourth quarter. Shares falling. Groupon blames the currency swings around the world for the forecast. Dealmaking takes off. Just weeks after reaching a deal to buy travelocity, expedia is at it again, striking a deal to acquire rival orbitz worldwide. 1. 6 billion. Expedia gears up to take on priceline answer new competitors. What does this mean . Here to help us figure that out mark mo heaney of rbc capital, and sam