Oil, new highs for the year on brent as that doha meeting approaches this weekend. We begin with the markets and energy. Oil with a year to date high. Stock futures barely in the green. Alcoa out with results. Top line and outlook are dragging down the stock. And two big calls on starbucks and apple. One up. One down. More on those in a moment. Some breaking news from the imf. Downwardly revising its 2016 Global Growth forecast to 3. 2 citing uncertainty and a recovery hampered by weaker demand. The imf sees Global Demand picking up to 3. 5 for next year and forecasting the growth for the u. S. Down 2. 4. It believes longterm Growth Prospects are weaker, estimated to be only 2 . Theyve been a serial cutter in terms of Global Growth outlook. The imf has been saying no one should raise rates. They play a big role in yellens concern. More yellen than the rest of the people on the fed. The imf has been pretty right. When i saw this, we just saw this come over, i said i was hoping they woul
Its inside story. Welcome to inside story, im ray suarez. Over the years, many big cooperations evolved an arms length relationship with people that work in branded businesses. They created a middle man, who was the real employer in legal terms, even though the Parent Corporation regulated everything about the workplace. Products, hours, work rules, techniques, training, standard. What had model did was shield the Parent Corporation from legal action. Complaints or challenges to the rules laid down at corporate headquarters. The answer was we are not your bosses. Now the National Labour Relations Board was voted 32 to recognise the Parent Corporation as joint employers. A decision ending tremors, not only through Companies Like mcdonalds. But giant firms like uber. Protesters called attention to fast food workers, leading to minimum wage increases in some parts of the country. Now a major labour victory that didnt get a lot of attention, easing the way for workers to get higher wage, a
This rebound got me thinking what the heck is going on . How can we turn this into a game plan. You have to go back to 1990 after iraq innovated kuwait to find back then in 1990 we heard secretary of state james baker always back channeling about reaching a peaceful solution to that crisis. Every friday we get a rally of short sellers minting money fearing a deal could be arrived at over the weekend. There was no deal, the market would fall hard on monday. We have a whole story derivative going on here. This time the war in ukraine doesnt directly involve us although sometimes it seems president obama hasnt gotten the memo. Todays rumor the Russian Military seems less poised to go to ukraine and more in standing down mode ignited the market reminding this has the market by the jugular. It is not iraq sore the fed. It is not the fed. Get some horse sense. If we go back to 1990 the invasion of kuwait triggered a global slow down. The buyers have been getting hair head slammed going by a
Democracy. That is a shame. It is a disgrace. It is really an open scandal. And we need to do something about that. I would totally embrace the comment that we need you as much as we can, first of all to change our policies we dont incarcerate so many people. And secondly for those people have been incarcerated i think we do over stigmatize them. We do hurt their ability to come out of prison and get on with the gainful, productive life. I wholeheartedly embrace the sentiment of that collect. Host gelled in florida. Caller good morning. I have a question for professor kennedy. Some of us look towards affirmative action us to blacks entering university circuit. I happened to be one who graduated from a Major University, white Major University in the state of ohio. This was before affirmative action. Far too many times there is nothing said about those of us who were participants in the collegiate atmosphere, collegiate i guess academia, that existed before affirmative action. What is hi
For our live coverage of the Miami Book Fair. And welcome to day to as live coverage of the 2014 Miami Book Fair civil. This weekend our 17th year in a row of live coverage by the way, 25 authors in 20 hours of live coverage. Today, panelists include New York Times book review editor pamela paul, Walter Mosley, matt bai, charles grow, among others, and to offer College Opportunities for you today. Randall kennedy of harvard is most recent book is called for discrimination and David Rothkopf irans Foreign Policy magazine will be talking about u. S. Foreign policy. Full schedule of todays live coverage from miami is available at our website, booktv. Org. All they wanted and get updates of behind the scenes photos at booktv. Org twitter handle. You can also join us at facebook. Com booktv. If youre in the area, come on down. Cspan bus is here, we are passing a great book bags and some other things. Would love to have you come and say hi at the chamber of commerce day here in miami. The su