Hyperloops. No, its not a cereal, its the future of travel. According to one entrepreneuent and it could mean getting from los angeles to San Francisco in under 30 minutes. We have that story and more tonight for monday august 12th. Good evening, everyone. Remember when the blackberry was the must have device for executives . Everyone wanted one, and if you had one, you couldnt put it down. Not any more. Blackberry has been passed by other phones, from apple, samsung and more. Today the blackberry waived the white flag. Its exploring socalled strategic alternatives, that includes partnering with another firm or taking the company private. Or even selling it off to the highest bidder. John fort has the latest on the possible future of blackberry. A humbling moment for a once proud brand. Blackberry, the company that first popularized the idea of a phone that could do more than make calls. The company that added alicia keys as a Marketing Executive in january says its pursuing strategic
Owns duncan hines and vlassic pickles. Finally, there may be a bidding war to acquire the legendary piano maker, stein way musical instruments. After an unknown bidder came up with an offer of 477 million topping an earlier buyout bid that was already accepted from the private equity firm. Shares of dole, Pinnacle Foods and stein way all higher on the day. Those deals did little to inspire investors to buy stocks. On wall street, stocks were little change. The dow lost five points. The nasdaq rose almost 10, getting a lift of shares from apple which rose 3 . And the s p 500 was down about 2 points. Mining companies were some of the biggest gayners today, and that gave a boost to the price of gold. Up more than 22 an ounce. A gain of nearly 2 . Good news out of washington, sort of, the government reported a nearly 98 billion budget deficit for the month of july. That means uncle sam is now on track to post the lowest annual budget shortfall in four years. The reasons for the shrinking d
Bank does next and the markets next move. Planes, trains and hyperloops. No, its not a cereal, its the future of travel. According to one entrepreneuent and it could mean getting from los angeles to San Francisco in under 30 minutes. We have that story and more tonight for monday august 12th. Good evening, everyone. Remember when the blackberry was the must have device for executives . Everyone wanted one, and if you had one, you couldnt put it down. Not any more. Blackberry has been passed by other phones, from apple, samsung and more. Today the blackberry waived the white flag. Its exploring socalled strategic alternatives, that includes partnering with another firm or taking the company private. Or even selling it off to the highest bidder. John fort has the latest on the possible future of blackberry. A humbling moment for a once proud brand. Blackberry, the company that first popularized the idea of a phone that could do more than make calls. The company that added alicia keys as
Welcome to inside politics im john king. Thanks for sharing your sunday morning with us. Here to share the reporting, julia pace of the associated press. Cnns jeff zeleny. Cnns mj lee plus robert costa of the washington post. It is debate week for the republicans who hope to be our next president. Thursday night is a big test for all of them, and a defining moment for one. I am going to be donald trump. I think if im not donald trump its not going to look good. Ill do my best. Ive never done it before. Now that novice debater as he says will walk onto the stage in cleveland as the republican frontrunner leading in the national poll, first in new hampshire, second in iowa. He expects to be, probably rightly so, the center of attention. And he wants you to think hes a little worried. I dont know. You dont know whats going to happen. Youre up there, and youre talking. You dont know whos coming at you. If i watch you and everybody else, theyre all coming at me. Whatever it is, it is. Whate
Its all happening which of british. You are linked to news from africa and the world. Your link to inception stories and discussions can you unwelcome student news actually comes grammy night from funny gemini from a use of easy and while i would say deep down beat it comes the traffic come join us on facebook d w africa. The u. S. Economy is looking pretty durable as the ever important Holiday Season approaches Business Investment is up Consumer Spending is strong and the markets are on fire look at what that all means for normal americans. Also on the show farmers are rolling into european capitals in protest well tell you what has them so upset. And can European Space engineers improve their ariano program and compete with private challengers like you on modest space x. This is your Business Report im Stephen Beers in blunt thanks for watching the u. S. Economy grew at a faster rate this summer than previously thought analysts say its a sign of the countrys economic hardiness during