David we are with the editor in chief of business week, alan pollock. Carol this has to do with rocket internet, the wellknown incubator in early and that helped create that texting in berlin. It has ups and downs, more downs than ups. Allen ellen it is known for being the copycat incubator, so it looks like sap bastad, and they did in ipo couple years ago its like zappos. Com and they didnt ipo couple years ago. They have a site called nestpick, sort of an airbnb site for College Students and it has not taken off we behoved. Investors are not as happy with them as they have been at the time of the ipo. David a section of that old british communication company, they have installed fast connections in parts of the u. K. , but uses a handicapped by the fact that phone lines [indiscernible] ellen copper is old. It is what they call a last mile problem and the question is whether they are going to lay much more fiber, which is incredibly expensive, so they are trying to find a more efficie
Our road map begins with a tweet storm from president elect trump weighing in on trade and china. Italian Prime Minister renzi says hell step down after losing that key referendum vote. And rbc suggests an espn spinoff could create value for disney. More on that coming up this hour. First up, president elect sounding off on twitter from everything from china to ta wan to taxes businesses moving from the u. S. To china. Did china ask us if it was okay to devalue their currency making it hard for our companies to compete, the u. S. Doesnt tax them or to build a massive military complex in the middle of the South China Sea . I dont think so. Jim, this was the talk of the weekend. As it should be. I think that one of the things thats happened is that were used to a very formal way things are done. First you hear about a call from taiwan. Obviously its not supposed to be taken in the old regime. And then youre supposed to if you do take it minimize it. But this was maximizing it. I think tr
Close to 85 points. Nasdaq up by about 27. Also take a look at treasury yields. Yesterday at one point the 30year hit a record low yield again. The 10year is yielding above where it had been. 1. 458 . Lets take a look at what happened overnight in asia after those strong results here in the United States. It carried out through the night. The hang seng up by 1. 6 . In europe in the early trade markets are stronger there as well. At least most of them. The dax is up 1. 5. The ftse just went slightly negative, but take a look at italy. That stock narcotic up about 2 . Spain the ibex is up 1. 9 . Crude oil prices, you can see equities higher this morning. Yesterday wti closed at a twomonth low. This morning up. On todays economic agenda, theres one report. Expected to show inventory rose slightly, but we have plenty of fed speaks today. Cleveland fed president spoke overnight in sidney. Chef said maintains stability in the Financial Markets should not be an explicit goal for the ed. A lot
And also with that we have [laughter] we have a commentary on the constitution of the United States, two volumes. This is gorgeous. And also what we call the familiar exposition of the constitution of the United States by the joseph story, and with all modesty i must say it has a foreword by me. [laughter] [applause] now if youll join us all, and we have in the foyer we will have a reception where you can personally meet the judge, but before we leave i just want to thank you again personally for being with us for all youve done for the law, and particularly for being with us tonight. Thank you very much. Thank you. [applause] [inaudible conversations] we take you live now to the National Press club for remarks from Veterans Affairs secretary robert mcdonald. You will be speaking today but efforts to improve medical care and other services for veterans. Secretary mcdonald has been on the job for just over 100 days. It took over the department after former secretary Eric Shinseki retire
On cspan. Here are a few of the comments we have received from viewers. Watched your show this morning on Domestic Violence and was very disappointed with what i saw and heard. Guest were weak and ineffectual and it seemed the allpro of colors were a bunch of whiny men. One woman is beaten every 15 seconds in this country by a husband or partner. That is one woman every 15 seconds. Issue is swept under the rug in this country. Probably and most likely because most of the perpetrators are male. The only way this will ever change is if men are willing to look at their own bad behavior and address it had on. I was listening to your commentator and the ones from the Bloomberg News talking about reidsls being on harry desk. Each and every one of those bills have a repeal of what they call obamacare. Whoever is your commentator, i just heard they comment on the rathero called in than having democrats, and and letrepublicans comment, democratic and republicans fight it out on the show. If you