This week. A scary situation on an air asia flight. Plane started shaking violently, even concerning the pilot who asked the passengers to pray. Well have more on that. The kind of filing for bankruptcy protection. In her back recall. The details on the next step ahead. Google says the new questions over pay. The wall street journal reported that giant underpants women and resisting efforts to disprove the allegations. You can take a look at how features are faring this morning. Kids across the board on the dow futures. Look at tech stocks go. The nasdaq composite for eight straight monthly gains. Theyll be the longest winning streak in 22 years of the nasdaq composite. Take a look how stocks are faring in europe since the week begins. Kids across the board. Only 1 gain in france in asia overnight you can see how the markets now closed again across the screen. Japan, hong kong, shanghai and south korea. Plus, transformers at the box office as a franchise low. The full Box Office Recap
Of Consumer Spending. Many Factory Services continued to show modest to moderate gain. Construction expanding, Energy Activity generally improved except for call. Employment continued to show modest to moderate pace of expansion. Industriesge of reported, difficult to find qualified workers, particularly for construction and i. T. Jobs. Labor shortages are a barrier to expansion. Case, thet is the labor market continues to tighten which groups only at a modest to moderate pace for low and high skilled workers. Overall prices continue to rise modestly across a majority of districts. In some districts, they may ease. Report thatoderate should have a modest impact on wall street. Mckee. Ks so much, mike lets get a check on where stocks are trading following Janet Yellens testimony earlier. Julie more reaction to janet yellen. We have got the dow that has flirted with a record close today. We have included here. Big and small, looking good. Today. Aining by 1 for the fourth session after t
Of Consumer Spending. Many Factory Services continued to show modest to moderate gain. Construction expanding, Energy Activity generally improved except for call. Employment continued to show modest to moderate pace of expansion. Industriesge of reported, difficult to find qualified workers, particularly for construction and i. T. Jobs. Labor shortages are a barrier to expansion. Case, thet is the labor market continues to tighten which groups only at a modest to moderate pace for low and high skilled workers. Overall prices continue to rise modestly across a majority of districts. In some districts, they may ease. Report thatoderate should have a modest impact on wall street. Mckee. Ks so much, mike lets get a check on where stocks are trading following Janet Yellens testimony earlier. Julie more reaction to janet yellen. We have got the dow that has flirted with a record close today. We have included here. Big and small, looking good. Today. Aining by 1 for the fourth session after t
Pounds to the fca, and thats to settle a russian laundering probe. U. S. Stocks suffering their worst day so far this year after Donald Trumps travel ban rattles investors. The president also fires acting attorney general sally yates saying she betrayed the department of justice by refusing to enforce immigration orders. Good morning, everybody. Welcome to the show. Good morning. Another eventful 24 hours in terms of that political direction. European markets this morning a bit higher. Yes, it is worth noting we did, indeed, see some weakness out there. Stocks at sixweek lows heading into the session but well above where we were before the u. S. Election on the 8th of november. Keep that in mind as we look at the markets. Some of the bigger movers out there, youre looking at ocado. Shares leading the way in europe after fullyear revenues hit almost 1. 3 billion pounds. Pretax profits jumping by 21. 8 . This online grocer said it is busier than ever in talks with overseas partners and t
Amazon Ceo Jeff Bezos has a wide variety of investments and now hes betting on home renovation. He just sunk money into a seattle startup focused on making from projects easier. First to the lead. The top of a bubble is starting to gain speed again. Some are sounding the alarm. Startups are burning through way too much cash leaving many with multibilliondollar valuations. Andreessen recently tweeted when the market turns, and it will, many hibernate companies will vaporize. Andreessen is not stopping. Tweeting up a storm. Another man wrote on his blog that valuations can be fixed and you can do a down round, three or four but earn rates are exactly that, burning cash, losing money, emphasis on losing. Bloomberg contributing editor paul kedrosky, do you agree . Its hard to disagree with math. And whenever the market turns they will be vaporized. There are high burn rate companies. They are a perennial problem with bubbles coming and going. Josh, what do you think . When they talk about