All of this and more on nightly Business Report for this may 28th 2014. Good evening, everyone, mcdonalds served up a big happy meal for shareholders today. It announce d a 20 billion package of stock buybacks and dividends by the year 2016. Now, this new plan could give investors 20 more cash than they received during the last three years. The higher return comes at a time of weak Company Growth at the Fast Food Company as u. S. Sales have continued to be disappointing. But despite the news, shares at mcdonalds still slipped a percentage. Mcdonalds and much of Corporate America have a big appetite for buybacks and so far this year the stock repurchases are at lofty levels. Some wall street pros believe they have propped up the market, is that true and what does it mean for investors . Dominic chu reports. Reporter according to S P Dow Jones industry analyst, the s p 500 companies are already reporting 107 billion in purchases during the First Quarter of 2013. And the numbers are still
Working on opening up new opportunities. Its something we should do when i already mentioned it today. Definitely are double to very much concerned about the Food Security challenges that guarantee you. And ive already mentioned this with lots of course, so the inflation rate is our country is high t and it has direct impact on the social situation and economic state and our country. So they dont see how it has a manageable problem. Or, you know, there is a problem, but we are not an interesting situation at the same time that most trust that it was a kill. And thanks to the support of the russian situation with you. But she, especially in the 1st half of the year, everyone has many concerns and totally with was he raised a biological format. We had very intensive contact me. And we use raised a issues. And i should say is that im impressed by this with a dinner, which mr. Michelle and mr. Put in as a way how they responded to the issues raised mother, i mean inside the Face Partnershi
From our studios in new york city, this is charlie rose. President obama ordered limited air strikes against militants in northeastern iraq on thursday. It was in response to a potential genocide for strikes to achieve their initial goal of liberating 20,000 refugees who are trapped. The iraqi president named a replacement for the prime minister. Hes the Deputy Speaker of the parliament. To step downd accusing the president of acting unconstitutionally. Obama addressed the situation earlier today and here is what he said. Of this new leadership has to regain the confidence by governing inclusively and taking steps to demonstrate its resolve. United states stands ready to support a government that addresses the needs and grievances of all iraqi people. We are ready to work with other countries in the region to deal with the humanitarian crisis and challenges in iraq. Mobilizing that support will be easier once the government is in place. Is joining me is jeffrey goldberg, the authoring,
Elsewhere, the feds Richard Bishop blames lawmakers for holding back the recovery ahead of what is expected to be a weaker payroll number in the u. S. Economy. Germanys Central Bank Raises its 2014 growth target for europes largest economy as evidence shows demand from within the eurozone is finally picking up. Deutsche bank is to close its commodity business mainly in london and new york. Display youre watching worldwide exchange, bringing you Business News from around the globe. A former South African president Nelson Mandela passed away last night at the age of 95. World leaders have been sending message messages of mourning for the leader. He is now resting. He is now at peace. Our nation has lost its greatest son our people have lost a father. For now, let us pause and give thanks to the fact that Nelson Mandela lived, a man who took history in his hands and bent the arc of the moral universe towards justice. Nelson mandela was not just a hero of our time, but a hero of all time.
They must open up markets for americas businesses and must add to the millions of american jobs that are currently supported by trade. As Congress Comes together in support of trade deals well help expand the biggest, the biggest mark place in the Global Economy and rereinforce the position to invest and export. To that end, were working to complete a transpacific partnership. This will boost exports and level the Playing Field in the asia pacific. I want to point out that the United States welcomes investment from around the world, from every type of intrep enterprise, and all sectors. We are scommitted to mane taining the most open and transparent investment environment. Our process for reviewing National Security cases of Foreign Investment in the United States focuses solely on National Security considerations and reviews are pleated within a completed within a period of one to three months. So as we press forward, we know where we need to focus our efforts. The prioritiest just ou