Justice Department Says it will phase out the use of privatelyrun federal prisons, ending contracts with Corrections Corporation of america, geo group, and management and training corporation. We will speak with investigative three reporters who exposed the forprofitprisons substandard conditions and medical care. Then the olympics in rio where police are contradicting claims by olympic Gold Medalist swimmer ryan lochte that he and three other teammates were r robbed by gunmen impersonating Police Officers. At this exact moment, what the police can say is there was no robbery the way the athletes reported. They were not victims of the criminal facts they described. The police can say that now. We will get reaction from the nations sports columnist dave zirin. His latest piece headlined ryan lochte i is one of many priviled first world tourists and brazilians are fed up. All of that and more coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodma
Privatelyrun federal prisons, ending contracts with Corrections Corporation of america, geo group, and management and training corporation. We will speak with investigative three reporters who exposed the forprofitprisons substandard conditions and medical care. Then the olympics in rio where police are contradicting claims by olympic Gold Medalist swimmer ryan lochte that he and three other teammates were r robbed by gunmen impersonating Police Officers. At this exact moment, what the police can say is there was no robbery the way the athletes reported. They were not victims of the criminal facts they described. The police can say that now. We will get reaction from the nations sports columnist dave zirin. His latest piece headlined ryan lochte i is one of many priviled first world tourists and brazilians are fed up. All of that and more coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. In a historic announcement, the Justice Department
Coming up, a happy birthday for jack dorsey. The stock surging on its first as a Public Company. I spoke with jack about the ipl. And investors lining up for a date with match group, pricing at the low in of its ipo range. And more trouble for Marissa Mayer. A shot fired, telling the company not to spin off its stake in alibaba. Square surging in its first day of trading. Pricing at just nine dollars a share. The company had been marketing shares at an 1113 dollar range. Prices would have given a valuation below the 6 billion that in its last private financing round. Was it a day to celebrate or breathe a sigh of relief . Here is jack dorsey with me. Im excited. It is something that has been a long road. What will accelerate business and help us build the tools that serve customers in the right way. Im excited to get back to work. They i caught up with square cfo. She described the disparity in the valuation. Ultimately i dont know if we can get into the disparity. We do what we can do
January, its truly a demrobal story today. Caroline it certainly is. Dollar weak thns week, what european surging, what yen surging, what a pain for the rest of the central bankers in the world. As everyone in the u. S. Is going to be raising rates. Tom i said this last week, caroline, you should have been from, we had a soiree of bloomberg talent, and i said the yen is the single story. Right now you need more than a single story. Lets get to bloomberg first ord. The panel ruled that assange has been arbitrarily detained bins 2010 and should be freed. Assange has been holed up in weak door since 2010. He would be extradited to sweden and could end up in the u. S. Being questioned about leaked classified documents. A brisht government Spokesman Says the u. N. Ruling changes nothing. It was the first president ial candidate this season with only two candidates on stage, Hillary Clinton and Bernie Sanders. They squared off last night in New Hampshire in a debate on msnbc. Sanders said he
We anticipate paying out the load this year than last year. But with all of that said i think the core of the business remains strong. Hopes are raised of finding the black box recorder as recovery teams locate the planes tail under water. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. Lots of data coming out of europe today. The latest that has just broken is italys jobless rate which for november has hit 13. 4 . That picks up from 13. 2 in october. This is the november reading that were getting. Its had highest rate since the data series began back in 1977. So the fundamental weakness in the labor market in italy is certainly still an issue. As you can see the euro is roughly at concession middle point for the day. Its at 1. 1868. Down 0. 2 on the day. Thats iraqiing more in the last five or ten minutes to some of the german data weve had. And lets recap those german jobless numbers. German december adjusted jobless