Melissa situation in iraq really es can lating after sunni militants surround the largest refinery. President obama said this earlier. We do have a stake in making sure that these jihadists do not get a permanent food hold. Melissa we have todd schoenberger, fox businesss and wall street journals veronica daguerre and tom sullivan. Iraq is 2 1 2 millions barrels a day. Melissa 3 1 2. I never asked them as a considered them a Major Players specially for our company. I think as far as pricing this is temporary blip only for traders. 150 billion are in reserves right now. This is a country, you have to worry about because heres a couple of things. 21 of our oil here in the u. S. Comes from iraq right now. The last thing we want to see is that oil popping up higher. A lot of main exporting happens in the south. They havent reached that yet. That is still very much controlled by the shiite. As long as that is the case i think well see some of these shortterm blips. But i think well be all r
Microsoft. The company is in talks of buying the maker of the raft. Ive videogame minec my kids love it. President obama is set to set out his strategy to attack islamic militants in an address this evening. Kerry went toohn iraq in an unannounced visit. Nearly two thirds of americans think it is in the nations interest to confront Islamic State. I want to bring in White House Correspondent phil mattingly. Speech comes one year to the date at the president gave a primetime address on possible airstrikes in syria and he failed in that effort. So, what is different this time around it is a total around . It is a total aboutface. Will of the the United States citizens to have a more active engagement from the u. S. Is up nine point. What we have seen since june with the Islamic State advances in iraq, with the murder of the u. S. Journalist has galvanized support. What you will hear from the president is to lay out how they will address that, and you need to keep a close eye on what membe
Youre watching Market Makers. I am stephanie role. Big show ahead. Three ceos. This will be my last show for a wild. The bill ackman story that we have to dig into, he is saying about therry presentation. My favorite, the presentation was overhyped. Who do you think overhyped it . You. Before we get to duane stanford, lets talk about the newsfeed. Target has named a top executives its next ceo. Brian cornell has been running unit. S food he used to be an executive Vice President at walmart. Reeling from the data breach that affected millions of customers. Another sign the labor market is improving jobless benefit applications hit an eight year low. You are no caps off pop, but you can live like the late michael jackson. His ranch is getting ready to be put on the markets. It is not far from Santa Barbara california. A 23 Million Dollar note. Who wants to buy that ranch . Somebody. It has an Amusement Park on it. I think it is a little crazy town. Kind of like michael jackson. I asked f
We have a lot to talk about. As we wrap up this week. We had so many days apart that we lost our group. We need to get our synchronization back. We will start with the news feed. This is the top is the stories around the world. Eddie lambert is spinning off lands end. He has been selling off sears shares. End has been called the jewel in their crown. It does not make much money. They made 1. 6 billion last year. Another struggling retailer, j. C. Penney says the sec has asked for information about its finances. Septemberrk sales in and is attempting to turn around shareholders. By 30 eighthares percent. And it is the latest escalation and holiday shopping. Kohls Department Stores will keep their stores open for 100 hours straight from december 20 until christmas eve. They operate almost 1200 stores nationwide. I hope you are not there. Hopefully you will be wrapped up by then. We have a report on jobs. According to the jobs report out a few minutes ago, unemployment dropped to a fiveye
The third in four years. Well have more details in squawk sports a little later this hour. But notre dame didnt show up at the beginning of this game. No. Alabama was the superior team. I didnt see a single inning. A single inning . You didnt make it to the ninth . Those rednecks spanked those catholic boys. Thats i watched the first half and then went to bed. I think a Rutgers Notre Dame game might have been better for the viewing audience. It was a bad, bad first half. The s. E. C. , you know, theyre looking for somebody to come in that can give them a decent game. Im telling you, they were the only team that showed up. Alabama, they deserved this national title. Yeah, but they got beat. Johnny manziel beat them. But they looked so good. Weve seen other teams, lsu has played them tough. Im telling you, alabama is lsu played them tough. People say notre dame didnt play anyone. Notre dame beat michigan, michigan state, stanford, oklahoma, usc. There were some squeakers in there, though