City. Good morning. I am Erik Schatzker. I am stephanie ruhle. Erik. Its been a while. Good to see you, my brother. My canadian prince. Goldman,e a partner of you get more than the key to the executor of 100 executive. There is a washroom on the executive floor. If i worked on one of those upper floors i would be able to use the restroom. That is me that it is time for the top Global Business stories of the morning. It is another record in what has been a recordsetting year for alibaba. The Chinese Ecommerce Company sold more than 7. 5 billion dollars worth of merchandise in the first 19 hours. Alibaba has turned holiday into eventggest shopping ever. Thanks maybe five 3 million each. Be fined 3 million each. Among the banks involved, jpmorgan come citigroup, and barclays. A new home for some of googles newest technologies. Leavempany has agreed to Silicon Valley for 60 years. Roboticsll use it for and space exploration. The airfield is known for anger 1, 198foot tall structure. It was
Report on two decades of academic fraud at the university of North Carolina where student athletes were given fake or paper classes to artificially boost their gpas. Good evening. I am not here because im a longtime north carolinian. Im not here because i am an expert on the specifics at him. Im your because of the heritage that these folks represent and the tradition that the hard work comes in the wake up. Im here of the names im getting ready to say were basics of the state and the heritage is basic to this wonderful work and truly wonderful work that jay smith and Mary Willingham have been doing on behalf of the institution that so many of us know and love and so many of us have been the names of course our Frank Porter Graham and Terry Sanford and bill friday. All of whom believe that a major point i think institution was not to serve itself but these are the ideas within it. That is to say it was not enough to salute when you went by the building. Ui to salute what it meant. I ca
Portfolio manager mart thousand martoma was found guilty of Insider Trading just a short while ago, and, it has got everyone buzzing. Here to tackle both topics in a headtohead, fox business senior correspondent, Charlie Gasparino and hedge fund manager, ed butowsky. Nothing below the belt. I have to tweet something out. Excuse me. Melissa right away . That is good point. Were ripping twitter yet we all on it and using it. I love it as a newsgathering tool and newsdim semination tool. I use quite a bit. I move stocks on this thing. I dont think they have figured out how to monetize it. Right. I think before an investor ever gets involved in this thing i think you have to ignore anybody that owns the stock, like the gentleman we have on here melissa just ignore anyone who owns the stock. That is strong statement. Heres why because theyre talking their book. Goldman sachs underwrote it and put some huge valuation on company recently. This company has to go out and prove itself first like
Hi, everyone. Im j. J. Ramberg, and welcome to your business, the show dedicated to helping your Small Business grow. What Small Business owner doesnt like to keep tabs on their competition. Right . You have to know if they have a new product or or a new service, and you definitely want to be aware if they have any deals out there. One entrepreneur we met has taken his competitive streak to a new level at the cookie cutter business started by his mom. In fact, he believes in order for him to succeed, others in his space have to fail. This is not a game where everybody is going to get a participation medal. I wasnt interested in playing for second place. This is a zero sum game. Ben clark doesnt mince words. I want to win. I want to own the market. I want to be the player, and thats whats driving me. His fight is personal. Backing down is not an option. I have everything wrapped up in the business. This is not a hobby. I have moved my family here and said, yes, we can make it in the coo