Stories. We begin with the elections in taiwan. The president won a landslide majority, seen as a rejection of beijings push for one country, two systems. Joining me from taipei is stephen engle. Walk us through the significance of the vote over the weekend. Stephen it was quite significant. Now that she has that landslide victory and the mandate for another four years, theres three big questions. How will china handle another four years of a thorn in their side, the policies of taiwan and her proindependence minded policies that really resonated with the electorate . More than 8 million votes, a record here in taiwan. The hong kong protests really resonated with the electorate, of ahat led to a rebuffing push for closer economic ties. The question is what is the future of the Opposition Party that got routed . Theyve lost four of the last six president ial elections, and they need a you voice for the longer eat for the younger electorate. Finally, the economy. Tot also propelled tsai
We begin with peter cook as the chairman of the u. S. Federal Communications Commission releases his proposal for Net Neutrality rules. Good afternoon. Good afternoon, mark. His basel spelled out his proposal will affect every american who uses the internet and every web business as well. It kicks off what should be a giant fight that pits the most powerful companies against each other. Responding to millions of Public Comments and a challenge from president obama back in november proposing to start regulating broadband more like a phone service instead of an information service, dictating strict new rules over how they manage traffic on their networks. The title ii reclassification is a big leap for the fcc. One he has been reluctant to take until now. It would impose rules barring ifcs isps from creating fast lanes, Wireless Networks will be covered and in a bid to soften the blow, wheeler promises this will be light touch regulation. No tariffs on bundling. That should give them som
In its worst sales slump in a decade. Sales have fallen for more than 2 last year, falling for five straight quarters. He will be replaced by a brit. He previously ran the chain of restaurants in the u. K. Fourthquarter profit Beat Estimates at europes biggest lender, deutsche bank. Legal expenses dropped. Fourthquarter profit fell at ford battered by losses in europe and south america. They restricted production of its f150 pickup while rolling out a new aluminum body version. Facebook sales up in the fourth quarter. Expenses rose, too. Here is the ceo from last night. 2014 was also a year of Big Investments in our future. This year we made big bet on the next generation of communication and computing platforms. We focused on serving our community better. Improving our search and video product and improving the performance and efficiency of our mobile apps. It seems investors are pretty ok with the sales growth. The shares are little changed in premarket trades right now. Ali baba rep
Will do what it needs to get more bailout money from brussels. Greece is facing a monday deadline. Athens wants to have a deal approved by next wednesday. They are among the investors backing a bermuda venture seeking to raise 2 billion. They also have plans for an initial topic offering within five years. The dallas fidelis will compete with rivals. Tim cook is slamming the indiana law that could allow businesses to refuse to serve gay people. He says their stores are open for everyone. Gayrights groups worry the act will be used by businesses who do not want to provide services for gay weddings. Gay marriage became legal in indiana last year. We have less than an hour until the close of trading. Lets go to the breaking news desk where scarlet fu is looking at all the action on wall street or perhaps lack of action. Scarlet stocks are attending to and four Straight Days of losses. This is a tame come back. The dow is 25 below the 10day average. In the s p 500, energy, tech, and financ
Board. 1. 71, berry expensive for you to go to london and by suits. Earnings . Boeing, dow, delta. After theyll come, at t, facebook, and e trade. Bonds, currencies, commodities. Futures continue to advance, we look at the vix in a moment. 10 year yields below two point 0 . Is vix tells a story, that one of our themes. The quiet on wall street, 12. 24. The 30 year bond, not the 10 3. 26 . Ow, 3. 29 to way up. Dollar index scarlet fus single best chart. This is a german 10 year yield with all sorts of ocean, including mh17. Down below the eight month trendline. Dramatically lower yields than what we see in the u. S. A host of reasons but one of the europeors of drama as debates sanctions. We have looked at the newspapers and the webpages. Here is scarlet fu. Kerryretary of state john stepping up his push to broker a ceasefire between israel and hamas. He flew to israel as the faa imposed a 24hour ban on commercial airliners flying into bengurion airport in tel aviv. The death toll is al