Look there stocks hitting session highs as we kick off power lunch. Coincidence . Probably but this is the great rate debate as a tugofwar on inflation and Interest Rates and volatility continues to play out in front of our ieyes, stocks are making come back and the dow up and bond yield rising rising since the beginning of february and benchmark hitting fouryear highs and creeping closer. Gold is highest level in over a week groupon tanking on earnings miss chipotle on pace for the best day in years, they named a new ceo and netflix are rallies. Signing a deal well get more on the netflix story coming up. Welcome. Im Tyler Mathisen the markets shaking off the inflation concerns at least for this day. In fact, wall street socalled fear index falling below a key level. The vix below 20 for the First Time Since february 5th. Bob pisani is on the floor of the new york stock exchange. Explain it to me [ inaudible ]. Were having problems with his microphone so well interrupt him and maybe g
Joseph J. Feldman is seeking the dissolution of his father's business, GF Media Inc., of Hawthorne, and the appointment of a receiver to ensure fair distribution of company shares, in a complaint filed Sept. 28 in Westchester Supreme Court.
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rupert murdoch s empire includes some of the largest media companies here in the u.s. so, the question today for a lot of people, could this scandal spread across the atlantic? for more on the fallout and future of murdoch s u.s. properties we want to get a check of business with steve sedgwick in london. the first question is, what will happen to rupert murdoch s companies in the u.s.? is anyone else in jeopardy right now, including his son? reporter: there are real question marks about where the buck stops. many people thought rebekah brooks, a close confidente of rupert murdoch, would be safe but she s the latest member of his empire to fall on her sword. real questions about u.s. titles and whether they ll be tainted as well. those titles include the fox cable network, the wall street journal, which has a strong editorial representation, and of course dow jones news who i worked for at one stage in my career. a lot of questions about those