The president and chancellor at the university of missouri resigned yesterday amid scandal and heightened racial tensions. Anger has been growingnfor months on campus. After incidents of racism and hate crimesd went unnoticed. One student refused to eat until the president stepped down. Cnns kyung lah reports. In 2010 cotton balls scattered in front of the black Culture Center a reference to slavery and a hate crime. This fall black student leaders called racial slurs on two different occasions. A most recently a swastika, in human excrement left on a dorm wall. Nats Ferguson unrest the students say theyre the post ferguson generation shaped by events in a city just two hours away. Black students make up just seven percent of the 35thousand students these protesters. Mobilized. Camping out on the universitys quad. Faculty threatened to walk off the job. But it was this that became the protests game changer 30 mizzou Football Players tweeted they would boycott Team Activities until the
One person dead and three others hurt. We hear arguing, and then we hear a car alarm go off for a good 20 minutes. And then, all the sudden, it sounded like fireworks pop, pop, pop, pop, pop, pop. The apparent gun fight happened early yesterday morning at evolution nightclub. Police say when they got there, they found 20 year old Dashwan Smith with gunshot wounds and he later died at the hospital. A little later. Three more gunshot wound victims arrived at hospitals. Police have not released their names or conditions. This morning investigators told us they are conducting interviews and are considering a new piece of evidence, but did not elaborate. No arrests have been made at this time. A judge set the preliminary hearing date for a teenager accused of a deadly shooting in des moines. Josue socop is charged with first degree murder. He is scheduled to appear in court on november 18th at 8 am. Police say the 17 year old shot and killed 28 year old jose lopez late friday night. It happ
Next fed chair when ben bernanke leaves. When to end the Bond Buying Program and yesterday, the stock market sold off heavily at the end of the session after the fed minutes offered few clues on when the Stimulus Program would end. Gold and oil also fell. Hewlett packard had a bumpy night. The stock fell around 4 after meeting earnings expectations. But revenue fell shy and theres a management shake up. And wells fargo reportedly is cutting 23hundred mortgage production jobs. As Federal Reserve president s gather in jackson hole wyoming today, standing by for us is todd horwitz of average joe options. Tell me whats going on with the latest fed fretting in the market. Good morning angie. You know the fed is involved and i think that theyre overinvolved. I think yesterdays minutes showed us that they really dont know what theyre gonna do yet either and i think the real problem is theyre in a position where they have no way out. So taper or no taperthe market is being tapered by the bond
Than pulled back as traders sighed over the fomc announcement offering few clues on how much longer it will continue to stimulate the economy. Also in the session, facebook traded above its ipo price of 38, but fell back to 36. For the month, it was a jumpin july for stocks. The dow rose 4 , the s p posted a 5 gain, and the nasdaq advanced 6. 6 , the best performance since january 2012. Meanwhile, penneys Stock Plunged yesterday. The stock fell more than 10 on a report the retrailer is no longer receiving lending support form cit. Mark sebastian of option pit mentoring joins us on this thursday morning. Good morning mark. We are now post that fed meeting. Did traders get any clues about tapering . You know, not as much as they would like. In fact, if anything, the fed brought more variables in bringing up inflation this time. I think the only thing the fed really let us know is that the fed is a little less confident in their ability to really keep control of this thing than they thoug
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