Major funding for the pbs newshour has been provided by and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill wall street was hit by a wave of selling today, triggered by chinas currency devaluation. The price of oil and other commodities plunged, amid fears of slowing growth in china, and materials stocks followed suit. The Dow Jones Industrial average lost 212 points to close near 17,400. The nasdaq fell 65 points, and the s p 500 dropped 20. Woodruff nine people are facing federal charges in a hacking scheme that gamed wall street for 100 million. Federal prosecutors in new jersey and new york city say hackers in ukraine stole Corporate News releases before they became public. Then, traders in the u. S. Allegedly used it to engage in insider trading. Five of the suspects were arrested today. Ifill the head of the Environmental Prote
Major funding for the pbs newshour has been provided by and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill wall street was hit by a wave of selling today, triggered by chinas currency devaluation. The price of oil and other commodities plunged, amid fears of slowing growth in china, and materials stocks followed suit. The Dow Jones Industrial average lost 212 points to close near 17,400. The nasdaq fell 65 points, and the s p 500 dropped 20. Woodruff nine people are facing federal charges in a hacking scheme that gamed wall street for 100 million. Federal prosecutors in new jersey and new york city say hackers in ukraine stole Corporate News releases before they became public. Then, traders in the u. S. Allegedly used it to engage in insider trading. Five of the suspects were arrested today. Ifill the head of the Environmental Prote
Flanneryw ceo jeff as the new ceo. I love the job, the company. Andink today is confusing, on the other hand so interesting. Iran gen 2008. I ran ge in 2008. It was bad every day. David joining us now is a bloomberg as dus analyst for intelligence. Why now . Jeff immelt had been getting pressure from all sides. Theystepped it up when initially bought into the stock. Would be passive investors, and when the numbers did not come through, they stepped up the heat. That was part of it, but it had been coming from a lot of different directions. David why hasnt jeff immelt been able to get the stock up . 2009, he did get a nice bounce as he started to redirect the company. Is a questionat among a lot of people. Shrunk ge capital, went back to the industrial base, started a major Digital Strategy , but the numbers have not been coming through and people have been upset about the cash flow. It is one thing after another that has led to the frustration. , that decided that immelt it is time. Th
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