Inked a deal. Analysts say it could be worth billions of dollars annually. Red card for fifa for blatter and platini after an ethics probe into past payments. All right. And mentioning whats taking place from within fifa, seth blatter now expected to kick off a News Conference any minute now. Weve got some live pictures coming through from there. The conference arena. Thats taking place in zurich. Well bring you that live when it begins. Just glancing at the u. S. Futures, still a couple of hours away, but were being called a little bit higher on the open this morning following on for a pretty sharp selloff on friday. The dow suffering significantly on fridays trade with a bit of unwinding from some previous gains that otherwise had been made. Here in europe, of course, this morning were looking at just some slight gains on the stoxx europe 600. Our main European Equity markets also, indeed, reflecting this as we head into the shortened holiday week with christmas upon us. Ftse up by.
WHDH 7News At 5 PM January 20, 2016
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Exxonmobil and t. Boon pickens. Jcpenney getting a big downgrade. And more optimism for apple. Another analyst ups the price target. First up, one day after the dow closed at record highs, the private sector added 208,000 jobs last month. That was a bit below street forecast. Meantime, Oil Prices Rising slightly this morning but down almost 35 from six months ago. Last night on mad money, Oil Tycoon Boone Pickens says he expects crude to return to 100 a barrel. Take a listen. Weve increased production, a Million Barrels a year for the last three years. And that is remarkable. No place else in the world has that happened. So consequently, i think youre probably going to see opec do something in the First Quarter of next year as far as cutting production. But im not so sure how much they have to cut to get to where i said you would be in 12 to 18 months. Youll be back at 100 a barrel. Fascinating. There is a school of thought that when production responds, you will overshoot the opposite
Oil shock ripple effects. The impact of equities and currencies and a closer look at stocks that are keeping the dow from hitting 18,000. Is it time to turn on the taps and lift the u. S. Export ban on crude . Well talk to a top dog on Global Commerce. And a shocking reversal on two Insider Trading convictions. The ruling that could change the rules for wall street as the second hour of squawk box begins right now. Welcome back to squawk box on cnbc. Im joe kernen along with becky quick. Andrew ross sorkin is at the dealbook conference. Hell join us in the next hour and well hear from jack lew speaking at the conference. Among the other power players attending, gm ceo mary barra, actress and entrepreneur jessica alba, a. Mex ceo. Well bring you those interviewing throughout the day. Acquired a 5. 1 stake in staples. The hedge fund has also boosted its holdings in office depot. Its move to call for a merger of these two companies. Economic data on the calendar today will get claims. The
But how people have interpreted it has changed dramatically since the end of the war. So how can we understand, how we recognize that text, says a lot about the transformation of culture. I should say, when i was asked to do this, one of the many reasons i decided to do it was that i remain curious about the wonderful title, a fire never extinguished. David white and a few others of us it was such a literary phrase, we tried to figure out, who said that . Is that whitman, emerson . Who said a fire never extinguished . I have been doing a Little Research and have one possible source. One is Edward Everett hale, a wellknown unitarian minister during the civil war in boston a writer especially of short stories. He is best known for his short story the man without a country, published in the Atlantic Monthly in 1863. It is about a man who goes on the ship, disavows his country and loses his whole sense of identity. It is designed as a story to rally support for the union cause. The union c
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