Senators who sent a controversial letter to irans leader. What i do know is this letter was absolutely calculated directly to interfere with these negotiations p. It specifically inserts itself correctly directly to the lead are of the country saying dont negotiate with these guys because were going to change this. Olivia it has been predicted he will make a bad deal with iran. Crude fell today to its lowest price in six years. Trading below 4 a barrel before rebounding slightly earlier this morning. There is speculation the record oil glut in the u. S. May start to strain the countrys Storage Capacity. And the man arrested in the shooting of two Police Officers in ferguson, missouri, is said to have admitted to pulling the trigger but Authorities Say Jeffrey Williams told him he was shooting at someone else and not at the police. A Prosecutor Says they arent sure they buy that part of the story. The officers were wounded at a protest in ferguson last week. A shocking admission to the
Pipeline on shore and hasnt stopped at this point. Crews are trying to contain the mess. Right now lets get to the market business of the morning. You can see this morning the futures are missed. Up by 5. 5 and nasdaq down by 0. 5. They say the country will not be able to make an imf payment due without its international lenders. The euro hitting a two week low on renewed concerns about athens debt and in Corporate News the Justice Department expected to announce a settlement with five of the worlds biggest banks. Theyre accused of rigging the currency market. Fines are seen topping 5 billion. The first out of the gate. The swiss bank says it will plead guilty and pay 545 million to u. S. Authorities. A possible change in u. S. Tax regulations would effect the spin off in alibaba. Its working toward the plan spin off in the Fourth Quarter and ads it understood the irs statement was not specific to the company. It was a statement made yesterday about shifts in how they were going to be
They are afraid to try to make arrests. We begin this hour, a very big step from the Obama Administration in the u. S. Relationship with cuba. Fay secretary of state john kerry formerly removeed cuba from the state list of terrorism. Mike viqueira joins us live from washington explain the significance of this move, and what happens next . Reporter well, david, it was a major impediment of formalizing relations after president obamas dramatic announcement. He had met with raul castro president of cuba at a latin americaen summit in panama. And shortly after that historic handshake and meeting, president obama announced he would be removing cuba from a list of state sponsor of trim kept by the u. S. Ghost. Congress had a right to challenge the move but it did not do it. The two countries have not had formal relations for 54 years. Members of Congress Said they were against restoring ties with cuba. Why didnt they take action to block it . Go basically because they didnt have the votes to
Theme good morning. Welcome to aljazeera america. Im stephanie sy. The Government Shutdown is in its second full week and another day of political wrangling on capitol hill lies ahead. Hundreds of thousands are americans are still unable to return to work and the possibility of a larger crisis coming into focus. If Congress Fails to raise the debt ceiling, just nine days from now, the government will be unable to pay its bills for the first time. Aljazeeras White House Correspondent reports. Instead of asia as planned, president obama was home bound, visiting fema, where 86 of workers are furlough heed. The president drew a hard line. We are not going to negotiate under the threat of a prolonged shutdown until republicans get 100 of what they want. The message, the votes are there in the house that pass a spending bill and leaves the health care allow untouched. I asked the speaker, why are you afraid . Are you afraid this measure will pass, the government will reopen and the americans
Hsbc had a preliminary read. The chinese stocks are looking at the worst arch of year since 2010. In the u. S. , we have Economic Data at 8 30 a. M. With First Quarter gdp and initial jobless claims, 9 45 a. M. , bloomberg beforer comfort, 10 a. M. The bell, we have a slew of earnings. After the bell, it will be google and amazon. Those are two big ones in retail. Are they more optimistic off of what facebook did . And facebook has so much rising power. Lets get to the data check. Cable is out. Revenue was higher than anticipated and they increased their dividend by 15 . A lot of earnings are coming up this morning. There is the data for you. The yield is a big story. The fed meeting and there are the currencies. I am watching the yen and it is better than good. It is weaker. Is at thefor me bottom, a basket of euro and dollars. Chart and its ugly. If you are Vladimir Putin, this is not good as the world comes to sochi. The ruble appreciates and then it has been churning and you see th