Our event today on the google versus oracle case, titled consequences of the case. I actually have my own subtitle which is copyright and the future of the industry, a significant case and i am delighted to have 2 wilson here to speak to us about the relevant legal policy on commercial issues and raised by this case. My name is adam maasoff, the chair of the International Forum for intellectual property at the hudson institute. This is our novel even, delighted to have it on such an important issue with such a great speaker. There will be events, sponsoring and promoting datadriven research that explores and investigates the importance of intellectual property and not just driving the Us Innovation economy for the past 230 years but all innovation economies creating a foundation for Flourishing Society and we hope to play a role that factbased research and datadriven in the hands of our policymakers as they consider the very important issues such as decisions that have to be made in im
This friday right now. Good morning, im dominic chu in for Brian Sullivan it is friday, december 13, 2019. Happy friday the 13th. After a record breaking day on wall street. The dow closing off the highs after hitting the 16th interday high, the s p coming off the second high record close it would go up another 11 points if if holds. Dow would go up by 112 and the nasdaq by 35 we are seeing some signs of life the 10year note yield just below 1. 89 . Twoyear yields 1. 64 . Around the world, asia following that lead on trade it was green across the board. The any kay up 2. 5 . Hang seng similar. Shanghai up nearly 2 and kospi up 1. 5 as well. In europe, it is green there as well stocks are surging on the heels of trade developments, what is happening with the uk. The german dax up, cac similar the ftse 1001. 5 up as well. The british pound spiking to the highest level since 2018 you can see here that spike higher in those particular currencies up 2 , 1. 3409 is what it will cost you to b
Halfway through 2019 its the last trading day of the first half how has tech performed what about all of these recent ipos bob pisani has some of those answers and joins us on set. You know what i love . I love how wrong the consensus is humans are terrible at predicting the future and nobody is worse than wall street at it, so remember when we started in 2000, back in january, everybody said, the ipo market, oh, theres going to be 200 of them. Everybodys going to go public no one will want all of this stuff. Theyll price this stuff too high and the only thing anybody wants is uber and lyft are they sure they want those . Everything was wrong. Look at the numbers. Were at the first half of the year with. 62 in the Second Quarter, 25 billion. It was the most active quarter by deal count in four years. It was the most capital raised in five years. And look at the 30 the average return on ipo. Thats twice what it historically has been. So the answer was, oh, it turns out theres people dyi
The s p getting closer to its record of around 2130 on a closing base. The dow up about 67 points but the nasdaq has not managed to gain much traction on the day. Take a look at the s p since the record closed may 21. We are less than a percentage point away from that record close. It is 2134 if you are looking for the intraday record. We will be watching to see if the s p can rate attainment. Ain it. T but get back to the nasdaq as we have seen it bounce around. It is a tight range even though it looks like a big drop and recovery. Its seem to attract does seem to have tracked pretty closely with oil prices. The pattern that you see is quite similar. Oil still hanging onto a gain and holding above 50 a barrel. It has been a level that has been difficult for oil prices to hold. Also we are watching transportation stocks. They are rising at the same time that oil is rising. Thanks in part to the airlines. Pointing out jetblue has raised its domestic fares and other airlines have matched
I have not done anything wrong. I have not broken any laws. I have not violated any irs rules and regulations. Stuart here is the email verbatim. The doj could piece together false statement cases about applicant who lied. She wanted to know how to get justice. Welcome back. Is this criminal . We have a little gap year. Is this criminal activity by lois lerner . Yes, it is. I think she really should have taken the fifth amendment, frankly. Not only is she urging the doj to initiate these things go out when they, by the way, no investigation, zero. If we could just shut one of these groups down, just one, she said it will send shockwaves and it will stop this activity. Conservative organizations. She is driving with friends of hers. That is what she says. I work with these people. Meanwhile, the irs regulation states that if there will be a false claims charge, in other words where someone has lied on an application, basically a form of perjury, the irs initiates the investigation. A cr