Pelley the tension has been mounting. The School President did nothing. They were subjected to rarely slurs on campus that is overwhelmingly white. The pressure continued. Students went on a Hunger Strike and the Football Team threatened to stop playing with their coachs backing. Today president tim wolfe resigned along with the schools chancellor and adriana diaz is in columbia. Reporter students celebrated the news after an emotional University President tim wolfe announced he was stepping down. I take full responsibility for the frustration, and i take full responsibility for the inaction that has occurred. [chanting] reporter wolfe surrendered to student protesters who spent done enough to address racist incidents on campus where only 7 of the student body is black. The concerns on mizzous campus go back as far as 2010, before tim wolfe was president , when during black History Month cotton balls were placed on the ground outside the black culture center. The students responsible w
Been mounting. The School President did nothing. They were subjected to rarely slurs on campus that is overwhelmingly white. The pressure continued. Students went on a Hunger Strike and the Football Team threatened to stop playing with their coachs backing. Today president tim wolfe resigned along with the schools chancellor and adriana diaz is in columbia. Reporter students celebrated the news after an emotional University President tim wolfe announced he was stepping down. I take full responsibility for the frustration, and i take full responsibility for the inaction that has occurred. [chanting] reporter wolfe surrendered to student protesters who spent the last week calling for his resignation, saying he hasnt done enough to address racist incidents on campus where only 7 of the student body is black. Go back as far as 2010, before tim wolfe was president , when during black History Month cotton balls were placed on the ground outside the black culture center. The students responsi
So for any investors, what is left to buy. I think amazon is a buy. And i think it still goes higher. A think google, called alphabet, i think that is in great shape. I think that goes higherme. And i love the way netflix is performing. David is talking about that one. I think that is breaking out and will continue to go up. The performance of the market leaves me scratching my head but the resilience in those stocks is something to behold. So the theory is buy what has been working . That is one way. We talk about the narrow breath, the fang stocks and other stocks. Lets take a ge or a boeing, those are the areas i would look toward. The others will do well. But the defense stocks an the industrial like a ge, where you get 2 or 3 dividend and they havent quite made new highs. So that is where i like to look. I would go General Electric and i think that is left to buy. Agree with guy. And the market is pricingism see you have to be in growth names. People are searching for growth and t
That could be changing with the Federal Reserve saying they could raise Interest Rates. Plus, limited supply and growing demand. What is next for buyers or sellers. We have the cover story this morning. Reporter Jennifer French has been shopping for a home in Northern Virginia for three months. She and her husband are firsttime buyers is price is paramount. Its definitely about affordability and convenience. Reporter home prices are still rising faster than incomes thanks to historically low Mortgage Rates and very tight supply of homes for sale. Now Mortgage Rates are starting to move higher even before a potential rate hike by the Federal Reserve in december. This is really nice. Reporter that makes her a little nervous. Were not going to rush into anything but its definitely incentive to do it safe. Probably trying to do something within the next three to four months. Reporter the rate hike hasnt been that dramatic. Barely 1 4 of a percentage point which doesnt translate into much o
Likely that the takata airbag recall will, in fact, be expanded. We dont have the numbers on that. That Conference Call is still underway. Well get back to more details as soon as we have them. It is 4 00 p. M. At ab where i road, and squawk alley is live. Welcome to squawk alley as a wednesday. Also, this morning the founder and editor in chief at the information. Cnbc contributor jessica lessin. Good morning to you. Good morning, carl. Got stocks at session highs here. Dow is up 145. Our first story this morning arks organized to the journal, the relationship between ups and amazon is going south in a hurry. Amazon is the biggest account for ups, worth 1 billion with the Company Becoming increasingly unhappy with rising shipping costs. Amazon is already looking to expand its open delivery infrastructure and is apparently hired over 40 ups executives in the last three years. Jessica, the journal says they argue that upss root structure is becoming obsolete. This is a classic case i th