Market makers. Happy halloween, im Erik Schatzker. Straight to get business. I can talk about the childrens holiday. Top business stories of the morning. U. S. Stock in record territory today. It is crazy. The dow and s p have been above their alltime closing highs. Investors getting a boost from japan central bank. The bank of japan unexpectedly increase the amount of money it is pumping into the system. That sent stocks jumping in japan and europe for the really moved over to the u. S. Isnwhile, the japanese yen getting hammered, falling to its lowest level in on the seven years. Earlier here, we heard from legend or hedge fund titan. I think it is a deliberate effort of the japanese to keep in their currency. Look, the governments all over the world are trying to cheapen their currency and cheapen bonds. Im in, we have a bubble now developing because we have forced bonds to almost no yield. Cheapen their currency. We will hear more from chilean oil, the julian price of crude tumbles
Lifted more than 200 to safety. But officials fear many more may still be trapped calling this a mass casualty event with a dozen people already injured. Cnns Paul Vercammen is monitoring the situation. Paul, what are you learning about the efforts to get the fires under control at this hour . Reporter many of the fires now burning are either 0 contained, 5 contained and Richard Cordova of captain of california fire telling me with this latest fire burning, we have broken the alltime california record for acres burned. We now stand at 2 million 94,000 acres burned in california and his concern it is only september. We have the harrowing months of october and november still to come with the santa ana wnds come. Come to the fire in the Sierra National forest. 24 people have been evacuated from the mammoth reservoir. Two remain by their own choice. Of those people evacuated we understand that 20 of them had to be transported to neighboring hospitals in fresno county. The nature of the inj
Reporter its true, we have a couple big stories, also were keeping an eye on ruby tuesday and abercrombie fitch. Ruby tuesday getting a huge pop today, so its up about 6 , 7. 23 a share. This is on reports that they are working with Goldman Sachs to consider some strategic options. So that was reported by debt wire, and well continue to follow that. Of maybe a big change could be coming for ruby tuesday, some people are betting exactly that. And then theres abercrombie fitch, a story we have followed all year long. Theyve been under pressure. The ceo has been criticized for some of his comments and also the performance of the company overall. Right now its down 25 . Ceo Mike Jeffreys getting his contract resigned, it was due to expire in february, but now he gets another year onboard. But at this time it would be a more simple contract, a contract that will be more based with incentives on the performance of the company. So a more closely tied to the companys performance overall, so th
Path, i will not protect you. Its a blatant ripoff. Im going to sue you for every cent. Are you your own worst enemy. The board is unanimous. Steve will no longer be involved in this company. 10 years after steve jobs departure, the future of Apple Computer is in jeopardy. In life you only get to do so many things. Were going to make apple cool again. Heres to the crazy ones, the misfits, the rebels. Because the people who are crazy enough to think they can change the world are the ones who do. If were going to do this thing, we need to come up with a name. Apple. That is so much better than laser beam computers. Rose im pleased to have Ashton Kutcher at this table for the first time. Welcome. Great to have you here. Thanks for having me. Rose we share a passion for film and technol at very different levels. Steve jobs, just a sense of who the the essence of this man who has been on this show as well, but youve said there are few people when they walk into the room, the room is differe
Path, i will not protect you. Its a blatant ripoff. Im going to sue you for every cent. Are you your own worst enemy. The board is unanimous. Steve will no longer be involved in this company. 10 years after steve jobs departure, the future of Apple Computer is in jeopardy. In life you only get to do so many things. Were going to make apple cool again. Heres to the crazy ones, the misfits, the rebels. Because the people who are crazy enough to think they can change the world are the ones who do. If were going to do this thing, we need to come up with a name. Apple. That is so much better than laser beam computers. Rose im pleased to have Ashton Kutcher at this table for the first time. Welcome. Great to have you here. Thanks for having me. Rose we share a passion for film and technol at very different levels. Steve jobs, just a sense of who the the essence of this man who has been on this show as well, but youve said there are few people when they walk into the room, the room is differe