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ground as the conference opens is a sobering one. that among those giving the event a miss on the u.s. treasury secretary the head of the i.m.f. and the c.e.o. of industrial conglomerate siemens joke asia he cancelled only at the last minute prompting further criticism back home in germany. men saying the business of business is doing business business has also the responsibility is this leaders are also moral leaders in our well now with. ford j.p. morgan and likewise dropped out of the event. the organizers have refused to reveal just how many guests will be absent and have taken down a list of plans speakers posted earlier on line. the three day meeting dubbed davos in the desert is still expected to see the signing of major billion dollar deals.
a high profile roll call of business names to to attend but the reality on the ground as the conference opens is a sobering one kit among those keeping the event a miss on the u.s. treasury secretary the head of the i.m.f. and the c.e.o. of industrial conglomerate siemens joke asia he cancelled only at the last minute prompting further criticism back home in germany. i don t know what he meant saying the business of business is doing business business has also the responsibility business leaders are also moral leaders in our well now with. forward j.p. morgan and likewise dropped out of the event. the organizers have refused to reveal just how many guests will be absent and have taken down a list of plan speakers posted earlier on line. the three day meeting dubbed davos
twenty seventeen twenty four thousand points our already three hundred points away and that means november is the eighth straight month for the industrial average to end on a better notes than it started into the month and the main reason is definitely the progress the republicans have been making and in their big tex win for him it seems that investors and businesses are finally getting closer to what trump has been promising them a business friendly tax reform with huge tax cuts for corporations so the senate is voting on their version of the bill is definitely a big step it is a considerable progress from the member first when the house voted on its version financial correspondent so fishermans key in new york good to talk to you. siemens is a setting the stage for germany s biggest i.p.o. in over twenty years europe s largest industrial conglomerate has chosen to nest
stay high in 2011 and predicted a 40% jump in earnings for the year. tuesday, the earnings parade continues. we ll hear from telecom giant, verizon. and industrial conglomerate, 3m and we ll get the latest on home prices and consumer confidence numbers. that s a wrap of the day on wall street. back to you. this year, the first batch of baby-boomers will hit 65 years old. from bill clinton to steven speilberg to donald trump and yet retirees and governments are coming to grips with their new reality that people could live for 30 years or more in retirement. cnn s jim bolden now tells us, that will have a big impact on the jobs market. reporter: don t tell jean
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