In honduras, and Bernie Sanders critique. Then to vulture funds in argentina. Ive never had anybody be angry. [indiscernible] amy journalist greg palast will join us to talk about how billion Republican Party donor paul singer has just made billions of dollars by profiting off argentinas economic crisis. All that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. Japan is marking the fifth anniversary of the meltdown of the Fukushima Nuclear plant. On march 11, 2011, a massive earthquake and tsunami hit the northeast coast of japan, killing 20,0000 people. Another 160,000 then fled the radiation in fukushima. It was the worlds Worst Nuclear Disaster since chernobyl. At least 100,000 people from the region have yet to return to their homes. A full cleanup of the site is expected to take at least 40 years. A representative of the families of the victims spoke during fridays Memorial Ceremony in tokyo. For those who remain, we are
Going from here. Opportunity in the rubble. We have an Energy Analyst who says there are stocks to buy in that sector if you have the stomach for it. He will tell you what they are coming up in a little while. Plus Venture Capital allstar jim breyer, he will join us live to give us his take on the current tech environment. But we begin with todays commodities swings, Jackie Deangelis is covering the action at the nymex, bob pisani is on the floor here at the New York Stock Exchange. First we tee it up with jackie. Jackie d. Good afternoon. Tea it up, you sure did. Oil prices bouncing between positive and negative territory today. We did close in the red, 37. 51 is where wti ended. I think that tells you where the sentiment was at the end of the day. Amid some confusion about if weve bottomed here or not. A 6 sell off brings people back into the market even if its just for that short term trade. What traders on the floor tell me is this, we dont just go down in a straight line, were goi
Germany twoyear hits a record low yield. Adp good stateside, Oil Inventories this morning at 10 30. The market coming off a good week of rallies. The latest on yahoo . The board considering a sale of the core business meeting this morning. As for the fate of Marissa Mayer, thats not the core argument going on now. And Mark Zuckerbergs new baby and the pledge to give away 99 of facebook shares. Do want to get to yahoo this morning. Given the wall street journal story last night, above the fold, saying the board is considering a potential sale of the core business. Lets back up a bit and explain whats going on here. If you recall, yahoo s board decided early last year they would go forward with a spinoff of its 15 stake of alibaba, they reiterated their intention to move ahead in october with that same spin but without a private letter ruling from the irs, which some anticipated yahoo would get along the way. Nonetheless their lawyers and many others believe the deal would be considered
And the biotech nightmare that lost more than half of its value and what sent the stock cratering. But first renewed fears over china, the shanghai falling more than 2. 5 . Industrial production, a revamp of the ipo system weighing on investor sentiment. This was chosen as the top business story of the year. 2015. So for 2016, could china but the big wild card for the markets. Tim, what do you say . I dont think so. I think we obsessed over it in 2015. China has a major credit problem and they are the biggest part of the problem. I think the things today were the drivers, the currency is at fresh lows. And the yuan, you could read it 234 terms of Deflationary Forces and read it in terms of the economy outright or a competitive deval around the world but i think we priced that in. Well get china pmi on friday night. The numbers that were out were nah. And what china is going through, people Pay Attention to. When liquidity is terrible, it makes sense people are concerned. Bigger issue i
Revenue generated from baggage fees, from food and other annoying. Give you leg room, place to put your legs. Small stuff, you got to pay. How much more can the airlines squeeze out of passengers and into added fees impact which airline you choose to fly . And fear and loathing in silicon valley. They are the Companies Consumers are scared of and hate the most when it comes to privacy. We will tell you which ones they are. Lets check in on this busy day with sue. And we start with stocks struggling for some gains. They are Holding Steady right now. The nasdaq the biggest loser this hour. A number of sectors hitting new highs like the Consumer Staples and utilities. The big news, as you said, is in the oil market. Oil hitting a fouryear low after saudi arabia cuts prices that it sells to the u. S. West texas intermediate crude down almost 2. 5 . How low might prices go in. The Million Dollar question. We are pairing some of our losses. Oil down less than 2 at the moment. Allen harry is