Like ringo starr. Breaking news out of the nations capital, bloomberg has learned that president obama has made a decision on the new defense secretary to succeed chuck hagel. Ashton carter, the former deputy Ashton Carter has an expensive record of service in the federal government going back to the carter administration. Also the deputy secretary of defense at the Defense Department, the president and his top officials, the person theyre looking for will have extensive experience and knowledge. Something that they definitely get. Confirmed unanimously by the u. S. Senate with amf shifting in a big way. Idea that he has already gone through the process is certainly attractive to obama officials. Will it help that he was a Defense Department official during the Bush Administration . On the name started to float andhe top there was genuine there were a lot of questions about what happened in that year. Having allies, they were pretty firm and that is going to be extremely beneficial goi
All week long. We will get you ahead of the trade there. And big trouble in china for two big american brands, mcdonalds and yum under fire for poor food quality. Both stocks are down today, largely in response to word out of that very important market. And the terrible drought in california may be about to get a lot worse. We will tell you about that. First first, lets check in with sue at the new york stock exchange. Sue . Good to see you, ty. The stock market starting down on this first trading day of the week, off the worst levels of the day only off 74 points now. Bob pisani joins me here on the floor of the nyse on the emerging threat from overseas, the potential really to rock markets around the world. And is something that youve covered for us before in its initial stages. Things have changed. The middle east is a hot investment plane, property markets are on fire there sunday, the dubai stock market dropped almost 6 . We covered a little bit in sunday trading, cube bind the mi
Exchange , mark, gene and our own rick santelli. Art, let me start with you. Is this a rise above rally . Does it look like we might get a deal . Weve been rising above the levels weve been at. No question about that. Traders felt reassured coming in this morning. Washington is a ghost town. The president s out of country those are good things. Congress is not coming back until next week. No one will go before the cameras and jeopardize the cliff. The only file you have to run is the kumbiya moment after the meeting. They said nothing across the pond will hurt us, lets buy here. No sense of urgency right now. Does the market feed off that . Is that whats going on here . I continue to look at the treasury market. You can look at a chart overlaid with the stock market. We were following themmer earlier, especially with the opening you describe, then it started to fall off. Treasury market seems unimpress unimpressed. Im in agreement with art, which is a good thing because art is mostly r
Where blame was assigned before a final that takes with a very good morning to you all watching Auto International with me, peter scott taking over from rachel blevins. Wherever you joining us from. Welcome to the program. We start off in poland, which has decided not to invoke a provision of natos charter for an inquiry into the missile incidents. The one Security Council convened to discuss the situation in russias un ambassador claim that the method instance was a deliberate provocation by ukraine on poland. To bring nato into the conflict, just to leave this meeting had not been scheduled, we would have had to convenient anyway to discuss the attempts by ukraine and poland to provoke a direct clash between russia and nato. But it was not just an intentional attempt at this information, but a conscious attempt to bring nato, which is currently conducting a proxy war, into a direct conflict with our country. At the meeting, we heard russia present evidence regarding the deadly incide
Suitable boy will. So she came to study the goal of some with losing a new computer with mobile of to mr. Good from somebody moving for kind of makes a big move cookie the shipping of metal. So you think suitable for this so, so, so im going to bug global. Good. Is it to us, or would you ship submission due to sanctions, foreign clothing and shoes, stores in russia, closed one out for another. A times customers formed huge cues. In many cases, Foreign Companies decided to stop working overnight, creating even more panic. A shoe shortage in russia. We went to doug, its done looking for an answer where some 600 entrepreneurs are in the shoe business. Moran july of is one of them. So, so it was kind of august, those are so the interest published loop because before we shoemakers are going through hard times, worrying about shortages of materials imported from abroad loose from good, local, simple sort of mazano toxic to the mobile goodness was women. The nicholas could completely shift th