Authorizing a big buyback. A big move in oil after what has been volatile week. The tenyear crept up to 1. 93. Reroad map, blockbuster news out of General Electric selling the bulk of g. E. Capital, 50 billion buyback. Stocks up 7 in premarket. Well get fabers exclusive with jeff immelt. Apple watch preorders began at 3 00 a. M. Large lines absent this goround but online models not available until june or july. What does it mean for sales at apple . Retail moving in premarket. Gap down 2 despite posting stronger than expected march sales. Stock futures are edging higher here all hail to the power of qe abroad nikkei surging past 20,000 for the first time in 15 years and equities in europe are now at a new record high. We will start with our news of course involving General Electric, released this morning at 6 30 a. M. The Company Effectively exiting the Financial Services business. Something that will take place over the next couple of years, as disposes of many of the businesses withi
Years but having been here for 19 years going on 20, having such distinguished service. Having touched the department in so many ways, theres no one better suited for this challenging time. Would you please welcome him with your applause . [applause] thank you, john. I have much appreciate the chance to be back at csis as well as all of the serious important work that goes on here. I have to say i have benefited tremendously from their guidance and ideas. I have no doubt that the work that goes on here makes an important difference. And you are nice to come and listen to me. But the truth is, we could all sit here and take notes from dr. Hamery or david or some of the other experts here on this topic. I do have to note; however, that the last time i was at csis, it was for a cyber exercise. I was asked to play the president. And dr. Hamery has not invited me back since. I think it was deeply disturbing for him as is understandable. Chairman and i have been talking about a focus defense
Defendant, even though it now appears that faa fisa amendment acts were used in criminal prosecutions. There was a great story about this by Charlie Savage about the fact that the solicitor general, when he argued to the Supreme Court, represented to the court that fisa amendments act requires removal defendants to receive notice when the government is prosecuting them on the basis of evidence derived from the fisa amendments act. It turns out not to have been the Justice Departments policy. Their policy was to deny defendants notice, even in circumstances in which they were entitled to it under the statute and constitution. They have changed that policy, which is a good. It seems there is a disconnect between the Justice Department and some of the security agencies about what has to be released and what can be done to ensure what you have said. That data needs to be revealed to the defense. I do not think there is a disconnect between the department of justice and the intelligence age
3 1 2 million, 4 million jobs and that is a recovery. Its not as fast as the reagan recovery. Its faster than the push recovery and its factored somewhere in there. I never thought id hear you say a starting point clearly was all right, i take your point. Its good stuff. I never thought id hear you say its not as fast as the reagan recovery, but you just said it. I say that every time whenever you bring it up, thats one of the great recoveries in u. S. History. It helps when you can go straight back and doing what you were doing. Stuart if only we had done in 2009 what Ronald Reagan did in 1982, but im out of time. You know im out of time, now that. Which is set the highest rate at 50 . No. Thats what it was. Stuart it stimulates the private sector, not all government all the time. Thats the story. Aw austan, im sorry, i really am out of time. Thank you, sir. More Varney Company in a moment. A strong earthquake hit the coast of japan in the same region where the fukushima plant was dev