North korea adding to the growing list of geopolitical concerns after that country announced a nuclear test and claims to have successfully tested a hydrogen bomb. China fears deepened when a report showed the Services Sector of the worlds second largest economy grew at a slower pace than expected. And add to that the situation in the middle east. A drop in oil prices big time, and investors all across the world were rattled this day. The Dow Jones Industrial average slid 252 points to 16,906, nasdaq dropped 55, the s p 500 declined 26. Domestic crude settled at its lowest level since december 2008, down nearly 6 to 33. 90 a barrel. Michelle carusocabrera reports now on the global events pressuring stocks today. Reporter the selling started late last night when the world learned north korea conducted yet another nuclear test, claiming they had detonated a hydrogen bomb. If true, that would be a significant advance in north Koreas Nuclear capabilities. The claim was met with skepticism,
North korea adding to the growing list of geopolitical concerns after that country announced a nuclear test and claims to have successfully tested a hydrogen bomb. China fears deepened when a report showed the Services Sector of the worlds second largest economy grew at a slower pace than expected. And add to that the situation in the middle east. A drop in oil prices big time, and investors all across the world were rattled this day. The Dow Jones Industrial average slid 252 points to 16,906, nasdaq dropped 55, the s p 500 declined 26. Domestic crude settled at its lowest level since december 2008, down nearly 6 to 33. 90 a barrel. Michelle carusocabrera reports now on the global events pressuring stocks today. Reporter the selling started late last night when the world learned north korea conducted yet another nuclear test, claiming they had detonated a hydrogen bomb. If true, that would be a significant advance in north Koreas Nuclear capabilities. The claim was met with skepticism,
North korea adding to the growing list of geopolitical concerns after that country announced a nuclear test and claims to have successfully tested a hydrogen bomb. China fears deepened when a report showed the Services Sector of the worlds second largest economy grew at a slower pace than expected. And add to that the situation in the middle east. A drop in oil prices big time, and investors all across the world were rattled this day. The Dow Jones Industrial average slid 252 points to 16,906, nasdaq dropped 55, the s p 500 declined 26. Domestic crude settled at its lowest level since december 2008, down nearly 6 to 33. 90 a barrel. Michelle carusocabrera reports now on the global events pressuring stocks today. Reporter the selling started late last night when the world learned north korea conducted yet another nuclear test, claiming they had detonated a hydrogen bomb. If true, that would be a significant advance in north Koreas Nuclear capabilities. The claim was met with skepticism,
Good morning, everyone im scott mcgrew. In this always on texting and at which time twiter word we never stop even on a saturday. Ill need you to come in tomorrow. If you can be here around 9 00. That would be great. Okay . And i almost forgot im always going to need you to go ahead and come in on sunday too. Okay . Every Office Workers favorite movie, office space, staying at the office for an outrageous amount of time was a startup badge of honor but no more. Luke is one of a number of bosses who doesnt need you to come in on a saturday and his vacation policy im not sure he has one. Joined by jenny wong of the charlotte observer. You must have a vacation policy but its not strict like the one we have here at nbc, right . Thank you for having me here. Yes, we do have a vacation policy. We looked into having an unlimited policy. When you look what behavior drives an organization, what we find in most cases, people dont take any vacation at all. Which is fascinating in and of itself. I
Rid of patient, so to speak. Great. Now were at 1. 9 again. Lets get to our road map. It starts with the markets, futures as you saw pointing to a slightly higher open helped by Consumer Prices that rose for the First Time Since october. Plus Chesapeake Energy blaming weak commodities for its decision to cut cap x this year. Of course its not alone. Carl icahn boosted his stake in the company to 11 , that was just out yesterday. Tragedy in europe up to 150 people are believed dead after a germanwings airliner crashes in southern france. Want to get to another story that we. Reporter have just been breaking. Mary thompson has. Ruth porat of Morgan Stanley. Thats right. Ruth porat is leaving that firm and she will become the cfo of google google. Wall street veteran moving to Silicon Valley. Shes been with Morgan Stanley for 28 years. Among the roles including ceo or cfo, she has been the lead tech banking, she led the companys banking franchise and also of course to serve the company to