Charlie hebdo, rose 112 points. Other days world events bring stocks down. Today was one of those days. Not only was there word that that germanwings aircraft deliberately crashed by the coe pilot but new risks arose in the chaotic middle east. Still, the Worlds Biggest Oil producing region. Saudi arabia and the pew of Regional Airlines began rebel strongholds in yemen where the government disintegrated. Ground troops may be next. All that with economic and profit worries more than the market could withstand today. The Dow Jones Industrial average dropped 40 points to 17,678. Nasdaq fell 13 and the s p 500 was down almost 5. The conflict in yemen felt in the oil markets, west texas intermediate shot up more than 2 a barrel to 51. 43. Brent prices also spiked higher. Jackie deangelis has more now on the mideast tensions and why theyre rattling oil. Reporter oil prices seeing a significant setback on geopolitical turmoil in the east. Reports of saudi air strikes in yemen and saudis and e
Medium while producing an album at the same time. Erik good morning everybody. You are watching Market Makers. We begin this hour with some of the top stories you need to keep track of. It could be a 40 billion pharma deal. Teva opted to buy mylan but right now it is just an offer. To propose accommodation of cash and stock valued at 40 billion. A 23 increase to mylans close last week. Mylan took the unusual step of publicly rejecting teva before it made an offer. It recently made an unsolicited 29 billion bid for parago. People familiar with the matter of greece say the ecb may reduce the amount that could be borrowed for collateral. This is happening while europe waits to see greece will agree to a new package of Economic Reforms in return for more bill money. In an interview with bloomberg one says no one is optimistic about greece right now. We have to be totally realistic. It all depends on the maturing of the position of the greek government understanding that in any case if it w
We wait until kids get really really sick, and then we take them into the medicaid program. In the next few years, half the countrys going to have either diabetes or prediabetes. The issue is healthy food. And getting healthy food to our citizens. This is one piece of it. And we need to do a better job with the s. N. A. P. Program. But just to cut these benefits and just wait until they drive up costs because theyre eating bad food is not the right approach. I yield back the balance of my time. Thank you. Miss louhan grisham . I thank my colleague from wisconsin. My home state, you often hear me talk about this, is one of the hungriest states in the United States. And this budget only makes it worse. It will jeopardize the ability of veterans, seniors, the disabled and children to get the nutrition that they need to be healthy. Its estimated that approximately 900,000 veterans nationwide live in households that rely on s. N. A. P. In my district at Kirkland Air Force base, they have a
Slide, this is, again, is the graph of the switchover in 2008 or 09 for more businesses closing than starting. If you want to reverse that trend, youll adopt this republican budget. I yield back the balance of my time. I thank the gentleman, mr. Ryans recognized for a minute to close. First the slides that go to 2008 and say oh, the world collapsed are like that because the world collapsed. Its not, president obama wasnt even in office at that point. You cant cut taxes enough to keep labor here in the investment here in the United States when youre competing with a country that pays people 1 per hour. You can cut taxes all you want. Theres no way youre going to be able to compete with that. What im talking about here is how do we grow these new businesses, and its got to be a Public Private partnership. Those regulations youre talking about keep us safe. But when you look at a lot of the things that many people here mentioned, you cant build a railroad with a tax cut. You cant build a
Charlie hebdo, rose 112 points. Other days world events bring stocks down. Today was one of those days. Not only was there word that that germanwings aircraft deliberately crashed by the coe pilot but new risks arose in the chaotic middle east. Still, the Worlds Biggest Oil producing region. Saudi arabia and the pew of Regional Airlines began rebel strongholds in yemen where the government disintegrated. Ground troops may be next. All that with economic and profit worries more than the market could withstand today. The Dow Jones Industrial average dropped 40 points to 17,678. Nasdaq fell 13 and the s p 500 was down almost 5. The conflict in yemen felt in the oil markets, west texas intermediate shot up more than 2 a barrel to 51. 43. Brent prices also spiked higher. Jackie deangelis has more now on the mideast tensions and why theyre rattling oil. Reporter oil prices seeing a significant setback on geopolitical turmoil in the east. Reports of saudi air strikes in yemen and saudis and e