2072 and change for a new alltime high. The nasdaq continues to march ever higher today up about 17 points right now. Were just about 5 now away from nasdaq 5000. 5 . Yeah, right . But think about how long its been. March of 2000 when it hit that mark and signaled the top of the internet bubble all those years ago and not close to that level since that time. And were wondering getting closer whether this number is making some investors nervous now. Hmm. Thinking thats the completion of this bull move. Right . Well debate it. We have a pair of heavy hitting ceos ahead. Joseph swedish as they change from wellpoint effective here and here to ring the closing bell and changing the Ticker Symbol and talking obamacare impact. Plus International Papers new ceo mark sutton in his first interview since taking the reins ago. So a lot to talk to them about. And again, more to get to ask, to see what they got out of this meeting with president obama. Interest dog see that poll during power lunch a
Earnings from verizon, ebay and American Express, job cuts a deal with carl icahn and more to digest this quart. Airline results are in. Continental getting hit. Southwest ceo with us in a few moment. The decision marks waiting for. Ecb abouncing bondbuying program to revive the eurozone economy. News conference in frankfurt, mario draghi said asset purchases amount to 60 billion euros a month starting in march, continue until september 2016 lower oil, jim, not inhibiter here. No. I thought germans would argue, cant do this now. But that failed. You have some our rates are all over the map, i want to be careful our rates had gone up big, even in the last few minutes come back down. Spanish tenyear 1. 4 now. Our tenyear 1. 8. I remember when we would sit here in 2011 and talk about how maybe the spain would go bust and rates were going higher and higher, now right i dont know who would buy that piece of paper. But i think i know who may have to, which is draghi. Yep. He may be a buyer t
Its the euro dollar. As that has been under pressure its put some pressure on the market. Also stay with us for an exclusive interview with lift ceo logan green. Ride sharing Companies Like lift and uber are under fire recently. Theres a lawsuit from drivers that could increase their labor costs. The question is are drivers employees or are they contractors, independent contractors in relationship to uber and lift . Big difference. And theres an interesting point diane made on our panel just at the end of the last week where she said were becoming sort of the next generation, a 1099 generation not a w2 generation. A lot of odd jobs that ultimately has to prout youvide you a standard of living and health care. These questions all underpin the conversation were going to have. Very, very important. Lets show you how the markets are trading right now. The dow is about at the highs for the session with a gain of 232 points. 1. 3 same amount percentagewise for the s p which is up 26 points a
Guest that allows the federal government to search the content not just the metadata, but the content of your emails and phone calls. This amendment was offered last summer by zoe lofgren and myself, passed the house. A virtual vetoproof majority and was stripped out. So we came back and said lets offer this amendment again on the freedom act since we know its probably going to pass and itll become law lets try and get some real reforms in there. Unfortunately last night the rules committee decided to allow no amendments to the freedom act. Host whats a back door . Guest a back door is a loophole. So there are two types of loopholes in our security, our National Security surveillance. The first type is where ostensibly theyre going after foreign foreigners, okay . So they say since theyre not covered by the constitution, we can collect the content of their emails and their phone calls. Well, guess what . When they collect all that, their accidentally scooping up your data too because y
Bouncing back from profit warnings saying it will cut spending and step up asset sales this year. Spains economic continues to pick up the pace. Good news in germany where the jobless numbers fall faster than expected. And hanging up on hand sets, google gets out of the business of making smartphones, selling its money, using the motorola unit to lenovo for nearly 3 billion. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A very good morning to you. We concluded the feds last meeting. Ben bernanke as expected was a 10 billion taper once again. And not a huge amount of deception from the fomc. Equities following asia and the u. S. Lower, the dow down 189 points. Down to lows we havent seen since november 7th. The s p down to december 9th lows. Its a huge number of individual stocks to look at. How does that translate into the indices . The ftse 100 was down some 28 points. Its down another 28 points today. Xetra dax off 0. 4 . The cac 40 of