How does that affect ones thinking about how to measure risk . Well, if you still go back to sources and methods, which is what we most importantly have to protect, i still think there has been an overreliance on technology. Even though it is changing rapidly and we have to continue to improve how we use technology and data, you have to rely on it. There is nothing greater than good oldfashioned human intelligence gathering. It is going to be more difficult. A lot of times it is the human intelligence that enables better technologies, new technologies or discovery of what ad vversars are doing. I think the allegations regarding Angela Merkels cell phone, i can only say allegations, were a real Tipping Point in terms of compelling policy makers and members of the i. C. To think long and hard about the risk have os disclosure, the risks of relationships with allies, the risks obviously to sources of information most acutely human sources of information from disclosure. But to think in ne
Mexicos first lady under fire for taking houses from companies doing direct business with her husband, the president of mexico. Now, for the first time she is speaking and Michelle Carusocabrera will tell us what she says. First to sue at the nasdaq where she will talk to the ceo of a company that just went public. Thats a great story and we will get to it in just a bit. We begin with mounting fears about the safety of cars on american roads. Regulators calling for a National Recall of millions of cars with air bags made by japanese auto parts supplier takata. Phil lebeau joins us live from the l. A. Auto show where air bags are stealing the show at this point. Phil to you. Reporter a lot of attention regarding the takata air bag recalls. A lot of people saying im not sure what is going on. Last night the National Safety Highway Administration held a Conference Call saying there should be a nationwide recall of millions of takata air bags. Prior to this it was regional recalls. They ar
This morning. Well tell you about them. Mans best friend may want you to sell the company. Petsmart is explorining alternatives as pressure from an activist investor mounts. Target posting Second Quarter operating profits of 78 cents a share, just shy of lowered wall street expectations. The retailer posted flat Comp Store Sales in the u. S. And cutting full year Profit Guidance as fallout from a massive data breach continues to weigh on the company. Target says sales, though, trends at least, improve this month based on early backtoschool sales, jim. We have a number, though, a guidance number, i guess, is the key for the full Year Adjustment of 310 to 330 compared with guidance of 360 to 390, and they go into why thats beginning to be below. I mean, some has to do with early debt retirement. Yeah. Obviously, a good deal still pretax has to do with cost in the breach. First, i said, are you kidding me . You got are you kidding me . Total disarray there. You did through the least of it
The small and beautiful town of jackson hole, wyoming. This afternoon, the minutes of the Federal Reserves last meeting were released in washington showing that some officials think the economy is Getting Better quicker, so much so that the central bank will need to hike rates sooner than planned. The initial reaction in the stock market was one of concern, and stocks shed some of the gains for a short time before they resumed their august asent. In the meantime, a cnbc survey shows wall street thinks the next round of Interest Rate hikes, wherever they begin will be so gradual and so prolonged they wont end until the next president is in the oval office for nearly a year. Steve liesman is in jackson hole where Federal Reserve chair janet yellen will speak on friday with a look at why everyone on wall street to main street will be watching jackson. Reporter when the leading luminaries of the central banking and economics World Convention on the mountains for the annual conference this
The small and beautiful town of jackson hole, wyoming. This afternoon, the minutes of the Federal Reserves last meeting were released in washington showing that some officials think the economy is Getting Better quicker, so much so that the central bank will need to hike rates sooner than planned. The initial reaction in the stock market was one of concern, and stocks shed some of the gains for a short time before they resumed their august asent. In the meantime, a cnbc survey shows wall street thinks the next round of Interest Rate hikes, wherever they begin will be so gradual and so prolonged they wont end until the next president is in the oval office for nearly a year. Steve liesman is in jackson hole where Federal Reserve chair janet yellen will speak on friday with a look at why everyone on wall street to main street will be watching jackson. Reporter when the leading luminaries of the central banking and economics World Convention on the mountains for the annual conference this