All the major indices took a tumble suffering the worst one and twoday drops in two months on wednesday and thursday. That led to a fall ithe price of treasuries. Investors are preparing for the feds eventual winding down of the bondbuying program. Also driving up concern on the street, a key earnings disappointment from walmart. The nations largest retailer, largest employer, citing weaker sales and cutting its outlook for the year letter bellwether cisco warned uncertain demand for technology products, that could to cut as many as 4,000 jobs, 5 of the workforce. It wasnt all bad. Fewer u. S. Workers are being laid off. The weekly count of initial claims for state Unemployment Benefits dropped to the lowest level since october of 2007. Charges have been brought up in the Jpmorgan Chase london whale investigation. Manhattan u. S. Attorney has brought conspiracy and wire fraud charges against two former traders known for outside derivatives bets that led to a 6 billion loss for jpmorgan
All the major indices took a tumble suffering the worst one and twoday drops in two months on wednesday and thursday. That led to a fall in the price of treasuries. Investors are preparing for the feds eventual winding down of the bondbuying program. Also driving up concern on the street, a key earnings disappointment from walmart. The nations largest retailer, largest employer, citing weaker sales and cutting its outlook for the year letter bellwether cisco warned uncertain demand for technology products, that could to cut as many as 4,000 jobs, 5 of the workforce. It wasnt all bad. Fewer u. S. Workers are being laid off. The weekly count of initial claims for state Unemployment Benefits dropped to the lowest level since october of 2007. Charges have been brought up in the Jpmorgan Chase london whale investigation. Manhattan u. S. Attorney has brought conspiracy and wire fraud charges against two former traders known for outside derivatives bets that led to a 6 billion loss for jpmorg
Five days after Malaysia Airlines flight 370 vanished, we may have our first clue as to what happened to the plane and the 239 people on board. These satellite images of what are said to be three floating objects. Those images were taken near the aircrafts last known location. This comes as ships and planes are searching the area about the size of indiana. Jonathan betz with the lates. Reporter big developments on the missing plane. One of the satellites may have spotted debris from that missing jetliner. Do you remember the flight was last spotted here in the gulf of thailand at 1 30 in the morning early saturday morning. Now large pieces of debris found floating not too terribly far away here in the south china sea. This is spotted the day after the plane disappeared. Its largely in line with the line of flight for that missing jetliner. We also have photos supported by that chinese satellite. It is three pieces of debris, all are large pieces, 40 feet long. The biggest is 79 feet by