Wti is higher by 87 cents, 54. 27. Brent is higher as well, 92 cents. 57. 10 over in london. Nat gas is lower by 7 cents. Decline of more than 2 . Among the top corporate stories, kraft heinz is withdrawing its bid for a merger with unilever. Kraft worried that it would be too hard to negotiate after the Public Disclosure of its bid so quickly. A kraft spokesman said the company intended to proceed on a friendly basis but found unilever did not wanted to pursue a transaction. Restaurant brands is in advanced talks to buy popeyes. The deal will probably be valuing popeyes at 1. 7 billion. An announcement could come this week. Wandas proposed 1 billion acquisition of Dick Clark Productions is under pressure. Wanda is run by chinas richest man. It already owns Legendary Entertainment and amc entertainment. Reuters reports wandas deal for dick clark is shaky but not yet dead. Part of the problem is they cant get the money out of the country. By the way, on this kraft heinz deal tell us. It
And im very pleased to be here today to introduce a moderate a discussion with the president of the Federal Reserve bank of minneapolis, neil kashkari, he took office as the president and chief executive officer at the minneapolis fed on january 1st of 2016. As part of that rule he serves on the federal open Market Committee bringing the feds ninth districts perspective to mondetary policy discussions in washington. However i do want to preface the appearance by noting that after president accepted our invitation to speak here today, the fed adjusted its blackout period ahead of its Monetary Policy decision so that we are in fact within the feds blackout period today. President kashkari was very kind to keep his commitment to be here today but not able to talk about the Monetary Policy aspect of his position at the fed in todays session. That said, there is lots we can still talk about and i know we will have a very good discussion on the topic of too big to fail. But before that, a li
Packed day. This is the show today. Political risk in europe with less than 10 days until italys referendum. France chooses candidates for its president ial elections. We bring our exclusive interviews with yannis stournaras, governor of the bank of greece. The latest news on the brexit debate. Our guests will break down what elections in europe and the trunk content white house will mean for the u. K. As it negotiates to leave the e. U. First, lets get straight to the first world news. Here is never change. Cheich. Nejra nejra cpi excluding fresh food dropped 0. 4 in october from a year earlier. It underlines how different have distant the economy is from achieving its 2 inflation target. The ceo of fiat said donald trump could affect his strategy in north america. Mainly, i think there are a number of conditions in the u. S. That are not yet settled. I heard him during his campaign, and the president elect made some statements about how he sees trade. That is a big issue, because of
The meeting is coming to order and were going to declare the recess at any time and its called sem annual system on the sup super vision and i recognize myself for three minutes to give an opening statement. As we know the act decreased way beyond the monetary responsibilities. The act is made the fed omnipotent. Through the exercise of the heightened standards the fed can control the largest Financial Institutions in our economy. Former fed governor kevin warsh wrote that Central Bank Power is premisable when the scope is limited and the track record strong and the aaccount blt assured. None of that do we observe today where as the feds has taken us and the big banks are now bigger and the small banks are fewer and the Economic Growth lags and theres evidence that the economy is more stable. Two mu fed authorities granted under dod dx frank have been problematic. The see kra si make it impossible to measure the over sight or the integrity of the test findings. As columbia has testifie
Major funding for the pbs newshour has been provided by bnsf railway. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff theyre still counting the actual votes in New Hampshire, but the races have been called. On the democratic side, the Associated Press projects vermont senator Bernie Sanders easily defeated Hillary Clinton in this first primary of 2016. She had won by a whisker in iowa. Among the republicans donald trump scored big, with john kasich a surprising second. Jeb bush, ted cruz the g. O. P. Winner in iowa, and marco rubio are fighting for third place. Political director Lisa Desjardins is in New Hampshire, where she watched the candidates and voters today. Reporter the Campaign Buses rolled across the Granite State one last time, and candidates made one last push to sway possible supporters. But many of those voters