Velshi, and this is real money. This is real money. You are the most important part of the show. Tell me what is on your mind by tweeting at ali velshi. So many of you have been. I appreciate that. With the ipo, i considered changing my name officially to alibaba. The giant chinese ecommerce and its ceo pulled off something that 88 million americans had never heard of. Antoday it took the New York Stock Exchange two and a half hours to process all the trade orders for the stock. When trading fine ligand alibaba opened at 92. 70 up 30 from the initial price set of 68. By days end, 267 million shares had traded hands and the stock closed at 93, and its larger than amazon and ebay combined. And jack mas stake in the company is worth 18 billion. What about the restitution of ofwhat about the rest of us. The odds are we didnt get the 68 ipo price. If you got it, you probably got in even higher. Usually Retail Investors get 10 or so where the majority of stock goes to Company Insiders and in
His part, says that he is in no rush and that there is a danger in raising Interest Rates too soon. That is adding to the global selloff led by a plunge in chinese shares. The government taken collateral rules for shortterm loans. Since november 21. The price of oil rebounded slightly today. West texas intermediate climbed above the 60 a barrel market. Arabia inoined saudi cutting prices for asian customers. Asian buyers stop a controversial report on cia torture methods is set to be released today by Senate Democrats did it will include that the cia used extreme and terrorism extreme interrogation methods for terrorism suspects. Someone that it may make the United States target for retaliation. And the hackers who broke into sony movie studios are telling listed you interview. The the movie is set to open christmas day. The hackers have released personal data on thousands of people who work for sony in retaliation fo. What a way to get publicity for the movie. Stocks are falling aroun
Looks set for a landslide victory in this weekends election. Uber waits to hear if one of its will be babbed as Global Expansion blocks hit a number of roadblocks. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And we have had the iea oil market come out in the last couple of minutes. Some headlines from that, they said the selloff in oil gained pace after the opec meeting on november 27th after they decided to keep its output target unchanged. Of course, we knew that already. They say the outlook for Global Oil Demand pore 2014 has been cut by 50,000 barrels a day. Also saying the strong dollar and the listing of subsidies have so far limited price effects on demand. While in the last month or so, weve been focusing on the opec meeting citing weak demand and the strong u. S. Dollars as reasons for this oil price, overall, they say surge in nonopec supplies to its highest growth ever and a contraction to demand growth there is the reason
Intoxicated, i needed a little help to get back to my room. They made a big deal out it bs reporter he spent almost half of his lifetime on the board and refuses to resign. Maybe its time to step down. No way. Im going to live to be 102 and shot by a jealous husband. Reporter a lot of his neighbors even his caretaker who is hispanic are coming to his defense. They say as his mental sharpness fades so has his filter. They say what he said is racist comments but he is not a racist. Da lin, kpix 5. Well, the board president says they are looking at Legal Options to remove landis from the board. His term expires in 2016. Landis is already planning to run for a 12th term. Mother nature brought an early present today that some people would like to return to sender. Chopper 5 caught the aftermath of some trees brought down by todays storm. They crashed down on john daly boulevard in daly city. Crews quickly removed them. In marin, crews are working to clear a large tree and downed power lines
In all federal government taking measures to keep other affected patients out of u. S. airports conducting separate screenings for travelers arriving at u. S. Airports coming from western countries were bull as prevalent. Those include sierra leone and liberia. Arriving passengers have temperatures taken this weekend or next week what house is the best winning takes place before plane lands on new u. S. Soil. At who died theft has traveled to u. S. From liberia one of the hot spots in west africa of the also case here in spain and in texas more than 7400 cases have been reported since separate started more than 3400 of those patients have died. It airport officials begin to observe travelers teresa sauce u. N. To sfo order talk to international travelers. on a daily basis sfo has 75 International Flights the most flights bring and 4. 9 Million People a year to the bay area. People in this manner coming in from india 04 visit. When you came and went to customs a desk anything specific s