From our studios in new york, this is charlie rose. James cameron is here. One of hollywoods most interesting directors, films like titanic and avatar. He once said that his purpose is make enough money so he can dive. He is taking on a new passion, diving to the bottom of the marina trench. Here is the trailer for the film, James Camerons deep sea challenge 3d. He is on a mission to dive to the deepest part of the sea. 36,000 feet down to the bottom. A new record for a so low man dive. He is the first to ever reach the bottom of the marina trench. What lurks beneath captures the imagination. This is James Camerons most ambitious project yet. I have seen astonishing things in the depths, things that fill your soul with wonder. Cousteau said it best, if we knew what was there we wouldnt have to go. Seven miles straight down. The last great frontier of our world. It is my dream to build a machine to take us there. We are going to do things the governments of the world cannot do. Somethin
What remains for you . As an explorer, it is endless. Tell me how James Cameron at his age now, done what he has done, wants to do. An idea popped into my head last night im going to pursue. It may lead to something. We will have to see. What i would love to see is a vehicle that could follow a sperm whale on its dive and see what it does. See how it eats. See how it behaves. That vehicle would have to be completely silent so it didnt affect its echolocation. It didnt scare it or change its behavior. Yet see what was happening. And have the same agility and speed. From our studios in new it would require a new technology to do it. That excites me. York, this is charlie rose. You just thought of that. James cameron is here. One of hollywoods most i was talking to some of my guys last night. Interesting directors, films like titanic and avatar. He once said that his purpose is to make enough money so he can we were part of the sub team, dive. Thinking about we could do next. How about th
Low, but biggest since 1999. Amazing what booms are doing. Modest jump in europe. Road map begins with macys missing by 6 cents, and the ceo is optimistic about the futures saying customers are not. The full year profits lower than last year, well tell you why. King digital shares down in the premarket and earnings match spoiled by some lower revenue and guidance. And amazon quietly taking on paypal and square with the credit card reader for instore purchases. All right. Signs consumers are tightening their belts. Sales come in below expectationexpectation, and macys has orders of 80 cents a share, a miss, and retearer reduced full year comp Sales Guidance because growth in q2 failed to make up for the short fall in q2. They see comps 2 to 3 versus 4 for this quarter, jim, and any customers still not comfortable about spending more in an uncertain economic environment. Before we are negative on macys, the Conference Call has been pied piper like. The ceo called people back. I want to t
What caused a complete blackout of trading at the nasdaq for a full three hours . At in this point the nasdaq has not given any reason. Ashley none. And theres a lot of people upset. You mentioned the word annoyed earlier. Some ceos of nasdaqlisted companies, a dearth of information. Why havent we had more contact, more updates from the nasdaq . We will find out in the ensuing days, im sure. Liz shortly after 12 15 p. M. Eastern time started some bizarre trades, looked like trading glitches. The asdaq had to halt everything for a full three hours. Youre talking about a combined listing of 5 trillion in market cap of more than about 2,500 stocks that list on the nasdaq. Joining us now is a man who was with us yesterday, he is the expert in these kinds of electronic trading glitches, edgar perez, author of nightmare on wall street. Nicole petallides still with us on the floor of the New York Stock Exchange. Sandra smith in the pits of the cme where they endure massive amounts of electron
With the averages roaring higher at the open only to pull back over the course at one point, before ultimately trading back up dow edging higher, advancing, nasdaq climbing. 63 . What is ailing this market . I think its the fact that people expect too much from it. They want a perfect world, something they arent going to get, some combination of low Interest Rates, cheap stock prices, the resignation of Bashar Al Assad in syria. High commodity prices, but low inflation, a president that says no new taxes and that congress that says we need to help create more jobs and were not going to worry about paying for it right now. I say, dream on. You arent going to get that combination. Its too much. Those leaning toward the bear camp, you need to settle for the following. One, while rates have, indeed and are going higher, theyre no longer climbing at a breakdown pace they should so frighten you with their backing and filling along the journey to a 3 ten year. This market can handle a 3 figur