Markets overnight. Were off the low, down 56 points. Were following General Motors. Take a look at the stock. Its lower as a recall controversy grows. New reports that the government ignored warnings as early as 2007 about a potentially fatal problem with ignition switches. Shares down almost 2 . We will be speaking with the parents of the young woman killed in 2010, and they want answers from the government, bill, and from the company. Absolutely. And the mystery of that missing malaysian airliner continues. Its unbelievable. A story thats gripping much of the world. We will speak with experts as they try to grapple with how you search for a missing plane in such a vast body of water. The technology is amazing, but its still a needle in a haystack kind of a story. Stick around for the latest on that crazy, crazy story coming up. In the meantime, an important hour as we head towards the close. The dow is negative, but well off the lows. Its off about 60 points. The nasdaq down about 0.
That bans employers from discriminating people based on sexual orientation. The Associated Press is reporting that secretary of state john kerry could join think talks on Irans Nuclear program. Real money is ali velshi is coming up next. For news up todays from around the world, head to aljazeera. Com. Once again real money with ali velshi coming up in just a moment. The tail of two consumers while row tailers like michael coors are killing it but walmart isnt it. And why the heck is twitter worth 25 billion if it has no profits. Im ali velshi and this is real money. Is [ technical difficulties ] of 2. 8 over the third quarter. That is much higher than expected and the fastest growth rate we have seen for the year. The big jump was largely fuelled by businesses restocking their shelves over the summer, but Katherine Mann says we shouldnt be fooled. A think a lot of people are saying this is a good indication for the u. S. Economy it will be able to weather the Fourth Quarter shutdown a
Of 2. 8 over the third quarter. That is much higher than expected and the fastest growth rate we have seen for the year. The big jump was largely fuelled by businesses restocking their shelves over the summer, but Katherine Mann says we shouldnt be fooled. A think a lot of people are saying this is a good indication for the u. S. Economy it will be able to weather the Fourth Quarter shutdown and so forth, but im a little concerned because the growth rate of personal consumption expenditures has been very, very week. The Business Investment numbers are negative . Fact not only did they not grow they fell. What is most worrying is the pull back from the consumer whos spending directs twothirds of all Economic Activity in the united states. In the three months in september we only saw personal spending rise by 1. 5 . Uncertainly out of washington raising Interest Rates and fairly anemic job growth are all sapping consumer confidence, but one segment is doing just fine. Tail. Reporter desi
Committee. The former auto executive engineered a turnaround at the auto maker by globalizing models, cutting costs, boosting technology. It is unclear if he will play drivinge in the self car program. Yahoo will return cash to shareholders when it sells stake in alibaba. They will use at least half of any proceeds from the sale to fund the project. Yahoo reported Quarterly Earnings showing the Company Still struggling to deliver growth while contending with properly or popular rivals. They will sell 148 million shares down from the originally planned 208 million. Now to the lead story of the day, apple and ibm burying their past rivalry. They will develop apps for the apple iphone and ipad tailored to work with ibm Data Analytics and cloud services. Ibm will sell apple products directly to business clients and apple in turn offers apps support. This will help them expand into the enterprise of market enterprise market. Anping them stay relevant in increasingly mobile environment. Im a
Holiday weekend as we look ahead this morning on sunday morning futures. President obama entered office on Campaign Promises of a more Multi Lateral militaryow approach. Now, six years later, drone strikes upon u. S. Citizens in the middle east and power vacuums in countries where the arab spring overthrew death pods, the u. S. Is facing a new mission creep, creep right back into iraq. It appears every time this president attempts to define the Obama Doctrine, events changes. What will his legacy be . Rick is a former spokesman for four u. S. Ambassadors to the u. N. Hes a fellow at the Prague Freedom Foundation and retired Navy Captain Chuck Nash is an analyst. Thank you so much for joining us. Good to have you. Rick, what is the president s vision in terms of Foreign Policy . How would you define it . Well, im not sure he has a vision. I think thats been the problem. If you can about they Obama Doctrine, ive read quite a bit on this, and i think its the war or ignore strategy. The pr