And president obama and netanyahu clashing over Irans Nuclear ambitions ahead of netanyahus highly criticized speech happening today to congress. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everyone im seema mody live from barcelona and its all about the survival of the fittest. We have coming up on the show ceo of blackberry, john chen talking about how he plans to keep the Company Relevant as it shifts focus from hardware to software. Plus the cofounder of htc joining me in around 30 minutes to talk about the latest Flagship Smartphone and the move into Virtual Reality hardware. Where will the next google or facebook come from . Europe . Ill be getting more from phillipe. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everybody. Officially good morning. Welcome to two hours we have together. We have a lot going on. We do indeed. Good to be back on the show. Lots of coverage coming. Were manning the f
Democrats. 2027488002 for independents. You can make a facebook comment or send an email. From Washington Times this morning. Lynch nomination clears committee with gop vote. Guaranteeing she will be confirmed in the full senate next month. Ms. Lynch was approved by the committee on 128 vote. Three republicans joining and backing her. Orrin hatch, Lindsey Graham and jeff flake of arizona. On politico this morning, gop leaders said to swerve dhs off the cliff. First, the good news. Congress appears to have found a way to avoid the shutdown of the department of Homeland Security for the next three weeks. Now, the bad the month is beginning to look grim for the new Republican Congress that has lost the expectations for legislating in 2015. Gop l leaders that will eat the house and senate three weeks to bridge the fundamental differences on funding the department and the longterm and blocking president Barack Obamas changes to the enforcement of immigration policy. Congress must update a a
Deadly cholera epidemic. The disease has killed thousands of people there. Good morning, and welcome to al jazeera america. Im stephanie sy. President obama is expected to nominate janet yellen to replace ben bernanke as the head of the Federal Reserve. Yellen is a respected economist who has a long history with the fed. Patricia takes a closer look at the woman who could soon hold one of the most influential jobs in the world. In the class photo of the g7 financial Leaders Summit in may, shes the tiny one on the right, but dont let size fool you. Janet yellen is poised to land the most powerful job of them all. The least contender to head the Federal Reserve built a career spanning academia and policy, including a longstanding relationship with the university of california berkeley and chair of the council of economic advisers. The economy is the strongest its been in a generation. Reporter perhaps her best qualification to take over for ben bernanke is her 36year history with the Fed
Degree turn in testimony today . In september he said it was videos and spontaneous demonstrations. Today he said the cia knew all along it was a terrorist attack in libya. This story gets worse and worse, more and more complicated and we are going to parse through it. First up, with the fiscal cliff only 45 short days away, are we facing a stalemate or is there a new kissy huggy era coming to washington, d. C. . Weve got two kissy huggy cnbc contributors. Jared bernstein, former Vice President , biden chief economist, and kissy huggy Jim Pethokoukis of the American Enterprise institute. Jimmy p. , i love this New Washington picture. And i dont want to be pessimistic. I want to be optimistic. Maybe they can make a deal. But heres what i worry about, jimmy. Heres what i fear. The republicans are conceding that theyll give a revenue a tax revenue portion by limiting deductions. But i dont see any spending cuts. The sequester has been called off. Mr. Boehner would like a down payment on e
Billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by Hewlett Packard. In other words, its fraud. After autonomys founder and ceo Michael Lynch was fired by meg whitman, sources close to the company tell me a Senior Executive from autonomy came forward with evidence of widespread accounting misrepresentations that occurred before it was bought by hp. Hp began an investigation and concluded that these accounting improprieties inflated the value by 5. 3 billion. The ceo then relied on audited financials when making a bid to buy the company. Those financials were audited but there were plenty of investors out there who questioned autonomys growth rate. Sources close to the company allege that autonomy pursued a number of avenues to make margins, growth rate and overall value appear far higher than it actually was. The company was selling computer hardware. Desk top computers, its a Software Company at a loss to supplemen