Two technology snafus, one on facebook, remember the exchange was down three hours . Melissa right. There ask too much reputational risk. If you pick nasdaq, and there is another screwup it will hurt your Company Reputation alley. Facebook shares didnt recover until recently. Went down to almost 20 a share. A lot of people believe it was on a slow start and that snafu that occurred in 2012. That is what is going on right now. Bob greifeld ceo of nasdaq is out there still trying to push the nasdaqs credentials here. What big nasdaq credential, if youre a Chinese Investor you can not buy alibaba shares on new york stock exchange. You cant actually buy it on nasdaq but what you can buy a extraining traded fund. Something called the nasdaq 100. I dont know exactly the name. It is in the story on foxbusiness. Com. But you can get it on the shanghai exchange. Virtue of index fund Chinese Investors can get a shares of alibaba. You can only do that on the nasdaq. There will not be single under
And good morning to you. We begin with a town in nebraska in a state of emergency this morning. Thats right, a rare and deadly pair of tornadoes killed a young boy and nearly wiped the town of pilger right off the map, and that dangerous storm system is on the move this morning. Its headed east bearing down on iowa. There are reports of weatherrelated damage overnight in wisconsin. That storm now headed towards chicago. It was a terrifying sight rarely seen by the human eye caught on camera by intrepid storm chasers. We have multiple tornadoes on the ground. Ive never seen anything like this. Reporter at least two tornadoes touched down roughly within a mile of each other 100 miles northeast of omaha. The monster twisters reported to be deadly ef4s generating winds up to 200 miles per hour. One of them estimated to have been nearly a mile wide as it bore down on the tiny town of pilger. We started hearing everything rip apart and the rain and the house ripping apart. Yeah, pilger is in
And took it americans back to work. Additionally another piece of legislation we work very hard on in a bipartisan way with the governors is worked to preserve the ability and capacity of our National Guard in our individual states. To make sure our National Guard does not receive disproportionate tests and also damaging reductions that would affect our ability as governors in states to be able to take care of our citizens. So we are encouraged that the house has passed the National Defense authorization act which protects the National Guard core structure and also the aircraft from damaging cuts as well as Senate Legislation that will establish an independent commission to examine the Army Force Structure and about the guard and reserve guard and our state. The National Commission on the future of the army aquifers are the personnel as well as the aircraft, while the provision provides a muchneeded review of the costsaving proposals for both active and the reserve components of the Na
Brawl over sports setting. The heads of the ncaa and professional sports leagues stuck into a lawsuit just to keep you from betting in your fan at this football leagues. Governor Chris Christie is ready to save the day for supporters. Well explain. Even when they say its not it is always about money sandra first, looks look at todays headlines. Stocks recovered from deep losses. Caterpillar sparked more jitters over corporate earnings. After dropping 108 points the dow clawed its way back to close up 2 points. Shares of monster beverage getting mauled. The family of a 14yearold girl is suing the company alleging her daughter died after drinking two cans of energy drink. It follows a report by the fda associating the dripping with five deaths since 2009. Pe Peabody Energy shares soaring 12 . The Coal Mining Company Beat Estimates for its Third Quarter earnings and raised its full year guide dams despite increasingly tough conditions for the coal industry. Our top story tonight. Presiden
Level and staying there. Thats pushing gas higher, which sounds bad but it could be a good sign and we will, of course, tell you why. If you want real excitement, youve come to the right show. Were going to be joined by the former manhattan madam that helped bring down the then governor Eliot Spitzer. The kudlow report starts right now. As you can tell, folks, weve got a lot to cover. We begin with the cat and mouse game better known as the Federal Reserve. Ben bernanke just finished a speech in boston where some investors think he backed off his tapering timeline. Others dont see it here. Take a listen. Highly accommodated Monetary Policy for the foreseeable future is what is needed in the u. S. Economy. But futures did shoot up during the speech. Theres your look right now indicating what seems to be a higher open at the open. Todays release of the minutes revealed half of the fed heads believed it would be appropriate to end their asset purchases, better known as qe, later this year