Where would fall in the range of these things like narcotics, like human trafficking, like maritime piracy, and where would it come out . The cycle report took the lessons from the first one which involve lots of interviews with intellectual property lawyers and Law Enforcement officials. And it had to come up with a global estimate we collected data on a number of individual countries. In some cases we used interviews with Law Enforcement officials or intelligence officials that knew about csis. That when came up with a global estimate using the model we created the first report of about 450 billion, the global cost of cybercrime. Im going to give you a single number but, of course, you know we used a range, the low was about 390, and the high was about, the midpoint was 450. It seemed like a safe bet compared to other crimes we looked at. This is at the report and so at mcafee would look at whats changed, right . Theres been a steady increase. A fact the time we did the numbers we th
Seeing across Asset Classes that are seeing the stocks lower. It is the biggest oneday goinge for the s p 500 back to august. We saw that earlier in the week as well, and we are also seeing simultaneous at least 1 decline for each of the major averages. This has become increasingly uncommon until the past week or so, when we see volatility returned to the market. Scarlet mentioned what has happened on the week as well. As well,500 down and you have to go back to february 2016, or depending on the lowest today, maybe even january 2016 to find this kind of magnitude of a drop. It is being felt in a lot of different ways in the market today. We are watching media stocks among the groups that are selling off today. Are both trading lower, Discovery Communications as well. Analyst who covers media was on bloomberg earlier, and he says he believes the cbs ceo is reluctant to go ahead with some sort of combination between cbs and viacom, something that has been talked about recently. In other
The ranger had stopped in saab sann while on his way to San Francisco. They say his work vehicle was broken into and reported immediately that his gun was stolen. Kate stinely was shot while walking on the beach. The family has made plans for a private funeral tomorrow. Franchises had been deported from the u. S. Five times before his arrest. We know he spent 46 months in federal prison before being handed off to San Francisco. He was released in april . And thats where the controversy begins in part. Why was he released to county jail and not handed over to federal agents. Noel is joining us us live from San Francisco. The mayor was speaking publicly about this this morning. He will try to fill in the gaps, but he points out they spent a lot of time going through legal stuff to write this and the ordnance has nothing in it that prevents discussions between local Law Enforcement and ice agents. . We with both agree there should have been more done, but what with was the role of humidit
The s p 500 is down half of 1 . A 125 point drop. 5059, the market is pricing in the events in china overnight. Olivia same story all year, the market moving sideways. Some of the top stories we are watching at this hour crossing the bloomberg terminal, another big takeover in the health care industry. Hassraeli drug manufacturer agreed to purchase allergan and its generic drug company. Teva with jew its hostile offer for another drug withdrew its hostile offer for another drug maker. Financial, 2. 2 billion in cash, they are the parent of Standard Poors owned by new mountain capital, members of management. Matt orders for durable goods came in higher than expected last night. The first time in three months there had been a rise in orders. The Paris Air Show was during that time. 13 corporations are investing at least 140 billion to reduce their carbon footprints. Including apple, goldman sachs, and berkshire hathaway. They have pledged to cut in missions and water use and will agree t
It has got for Sports Companies later this hour. Have a look at where european equities are trading right now. We are under 30 minutes away from the end of the wednesday session. Stocks are rising for a consecutive fifth day, the best run since september 12, the highest run for the stoxx 600 since july 19. All of these currencies falling against the dollar, bond yields gaining. Some Corporate News to tell you h utility fortum could turn into europes biggest acquisition. For a deal were e. On the offer of 22 euros per share of all unit per investors. Niper is thebuy upi biggest plan since germany split their utilities in 2016. Shares are down one half of 1 . A tough month for precious metals. Buying as little as. 71 ounce of gold on tuesday. That is the least going back to 1987. Taking a hit for diesel cars is compounding the impact for the diverting and diverting some investors from metals. That is the focus of that chart. More thanrst time in a year, local currency and egyptian bonds