Our road map begins with John Chambers stepping down from the ceo post at cisco by the end of july. Chuck robbins is going to take the reigns. Mcdonalds unveiling a brad new turn around plan this morning focusing on innovations such as delivering breakfast all day. Warren buffet issuing a word of warning about stock valuations and Interest Rates. Well get to that. First up cisco has chosen its future leader goble operations chief Chuck Robbins, effective july 26th. Chambers will assume the role of executive chairman and continue to serve as chairman of ciscos board. Chambers joined in 91, ceo in 95. Hes grown it to 48 billion in revenue. One of the longest running ceos of the billionaire companies. I think hes managed to navigate what no one else has. Hes leaving the ceo job at a high. The stock is only one point off its high. It happened to have the best european numbers. If you think the dollar has peaked a knew consensus is building. John will be staying with it. Develop a Good Rela
Reports suggest an agreement on the shutdown is coming along. The 10year right around 2. 71 and europe is up on some of the highest german Economic Confidence numbers in the past three years. Our road map begins with anticipation. Two days from the debt ceiling, day 15 of the shutdown, still no deal on the table. But lawmakers say they are clos closer. A mixed bag of quarterly results. Citi, coke and j j. And blackberry placing an open letter to customers to reassure them, quote, you can continue to count on blackberry. There is some hope of a senate deal. They say theyre getting close to an agreement to reopen the government. The dow coming close to its fourth day of gains. The question is what happens. Listening to david tepper just tremendous this morning saying this is about main street, main street will be crushed, higher Interest Rates coming. But you know what i dont like to hear . These are senators. Its always the senate has always been kind of a convivial place. Its the house
Brussels. We cannot take more austerity measures. We cannot reduce further the lives of people willing to take structural measure wes a fiscal impact, but not austerity measures. And its the season for whale watching on wall street as we find out what stocks Warren Buffett has been buying and selling. Plus, the ps4 goes on sale today with sony hoping the console will generate stronger orders than microsofts offering next week. All right. We are into the last hours of Worldwide Exchange for the week. The pbl may be on the verge of a split as rumors swirl supporters of berlusconi plan to break away from the summit. Next, its economy is worth an estimated 1. 8 trillion, but indias attempts to boost further Economic Growth has so far been hampered by volatile currency. Well look at the countrys challenges at 10 30 cet. Then our innovations cities week draws to a close by looking at how technology is revolutionizing urban security. Well shine a spotlight on the gun tracking system at 10 50
Rochester man says he s sick and tired of the chaos; three days later his cousin is killed whec.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whec.com Daily Mail and Mail on Sunday newspapers.
A local man, already frustrated by the ongoing chaos in his neighborhood, including a recent spate of car thefts, is now mourning the tragic loss of his cousin in a violent homicide.