You are watching Market Makers on bloomberg television. I am Erik Schatzker. Ceo day. Brooks brothers is kind of an old dog. Here is the key. I took my dad shopping at Brooks Brothers a couple of months ago. Really . The new dockers. Kind of. I hope it is better than that. Lets take you to the top Global Business stories. The price of oil took another dive. This time, west texas intermediate felt 4 . Hello 45 before rebounding slightly. There may be pressure on prices tomorrow. A government report expected to show that u. S. Oil stockpiles have officially increased. A warning in greece about elections. The government says greece could stumble out of the euro by accident if the opposition syrz iza party wins. If the opposition wins because they do not have the knowledge and experience they have certain ideas of their own i think it is prudent for them to ask for an extension. It will give them some time to manage the negotiations and close the review. The greek election is this coming j
Season of shopping. Well try to clear things up with that man. Well speak exclusively with hsn president bill brand. What a perfect name for the Marketing Executive at hsn. New official name of what we have known for years as Home Shopping network. Well find out what the sales were like and the plans for the future. Speaking of shopping, we are calling it retail fatigue and you may be having it. If every time you open the email and retailers pitching the deals for Free Shipping or big discounts, is it just too much at this point . Making people tune out. I dont know. I like a good discount. I havent started shopping yet. Me neither. I like the brick and mortar old school. Not online. Totally against americans. Im all about online shopp g shopping. You are an efficient guy. Guys for the most part. We are hunters. We know what were after. We go out. We get it. And then we bring it home. That applies to shopping, as well. I like the experience. Well talk about that. Markets. Well find out
Electric car that can go more than 200 miles on a single charge. It will cost less than 40,000 dollars. Greece in germany are headed for a showdown in brussels. Finance ministers meet today over greeces request to extend the bailout agreement for six months. A new headlined says a deal tonight looks unlikely. Greece needs the extension to avoid defaulting on its debt. Germany has rebuffed the greek request. The german finance minister says greece needs to make a firmer commitment to austerity. Heres a greeces debbie Prime Minister responded. Deputy Prime Minister responded. At this moment, it appears there are powers that would like greece on its knees so they can impose their will. I believe we can think of what helps our country and what helps these powers. Betty germany is the biggest contributor to the 273 billion bailout to greece. The Parent Company ann taylor, looking to sell. Working with jpmorgan and reached out to potential buyers. It also owns the loft. The best antitrust re