New Federal Reserve chair janet yellen due to weather. And, even the stock market appears to have hit the pause button. Stocks and commodities staged muted action wednesday. Following yesterdays wild rally. In earnings after hours. Cisco shares fell 4 . Cisco topped on earnings but cutting its sales outlook. Whole foods stock fell 6 in heavy trading after slicing its full year outlook. A shakeup at verizon will effect 3,000 workers. They will be shifted around to different jobs and offices as verizon reorganizes. Bloomberg new reports time warner and apple are in talks about a tv device and sears is offering Online Shoppers curbside pick up while they wait in their cars. Todd horwitz of average joe options joins us on the show today. Good to see your smiling face. Whats up. Its been a great year so far for the stock market. I know a lot of traders are watching whats happening in washington. We finally got this debt deal done. What do you think is likely to happen with the stock market
Wireless in one way or broadcast which is wireless and another, or fiber. Lets look at how consumers are benefiting and also harmed, and if theres concentrations and abuses and market power. Thats a daunting task, i think if we all Work Together it doesnt have to be partisan, it could be unanimous. Commissioner pai, thank you for your recent visit. Do you have any common . I do think it would go a long way to streamlining the effort of the commission to report back to congress. I think it would to Congress Much Better Service because you get in one place comprehensive snapshot of exactly what is going on in the marketplace. The endeavor to reform our business from legislative standpoint should not what we can do ourselves. To keep the trains running on time. So a number of the proposal ive put forward which i dont believe are politically beneficial to anybody that are just a matter of Good Government involved, setting deadlines, creating a dashboard where the public can monitor exactly
Want to open up Public Sector procurement to private organizations, there are going to be occasions of confidentiality. I am not sure about extending f. O. I. Further. Id rather i mean, i think transparency on the way in is better than endless information requests on the way out. But ill have a look at those. Before you commit yourself to doing less than you do now, it is quite common now for purchases making contracts to ensure that they can gain access to the information they are required under the freedom of information requests because their contract with the supplier allows them to do so. Right. We are beginning to find issues like the services, g. P. Services in cornwell, it was a whistleblower, it was found there were 250 occasions where the contractor lied about what he was providing. The issue around the work program that we spent some time on where there was it was very difficult to say what was what level fraud or inaccuracy meant that the provider was not fit for purpose. I
The Biggest Party and thats not pushed on. An alternative to the olympics after being banned for the from the winter games for systematic doping russia says it will stage its own sports extravaganza. And in spain the Festive Season is all about children singing songs and billions of euros in cash el gordo the fact one is here again the worlds biggest bang lottery. Im egypt money thank you for joining us spains Prime Minister Mariano Rajoy has said hes open to dialogue after yesterdays Regional Elections in catalonia separatist thought his want to slim majority but it remains unclear who will form the next government the horse said he would talk with the new leaders as long as they dont violate the countrys constitution. He said he expected a new era based on dialogue but he did not respond to a call to meet with allstate independents need a College Sports team on put him on is in selfimposed exile in brussels earlier today he called on to meet him to discuss catalonia future and heres