Enforcement matter in the european union, based on a theory that goes beyond international rules, well allow you to file a lawsuit here and collect the money back. In fact, you can auction off the embassy of the country that sues you. We could do a lot to make it clear that were tired of this onesided debate in which we demand and they give a live, and we give a little more. Because they are threatening to hurt our industry. Its the wrong approach. We need to get much more tough minded. If i could add to that, i agree with the questioner in the main, but i also agree with stu. In the sense of, there is a whole lot of, oh, im shocked that theres gambling in this establishment going on. And there is certainly some hypocrisy, some double standards, and indeed, a lot of the stuff the nsa is doing is doing in cooperation with some of these governments. I dont think that and, also, and again, ive conceded as much, sometimes this is being used as an excuse to justify positions that were alrea
Selfinterest and they are dressing it up in a Data Protection guys, and the only thing that i have ever discovered that they understand is the threat of retaliation, if they go beyond the legal bounds that they have set. That are set by International Trade law. And the u. S. And the u. S. Congress has been reluctant to stand up for companies and say, if you get hit with a case, an enforcement matter in the european union, based on a theory that goes beyond international rules, well allow you to file a lawsuit here and collect the money back. In fact, you can auction off the embassy of the country that sues you. We could do a lot to make it clear that were tired of this onesided debate in which we demand and they give a live, and we give a little more. Because they are threatening to hurt our industry. Its the wrong approach. We need to get much more tough minded. If i could add to that, i agree with the questioner in the main, but i also agree with stu. In the sense of, there is a whol
Crowds continue to grow in hong kong. And the first patient diagnosed with the ebola virus in the United States isolated at a dallas hospital. Well tell you everything we know this morning. First up, new data from adp shows private payroll increased by 213,000 in september driven by hiring in manufacturing. The markets wrapped up a positive third quarter. The dow rising almost 1. 3 . The nasdaq gaining 1. 9 despite that decline in september. Now we begin q4, jim, where it sounds like you think there are going to be opportunities somewhere. Yeah, i dont like the industrials. Its very interesting. You see that rates are down again. This is all for europe. When you see the number from germany, its obviously very weak. By the way, 49. 9 is their pmi, the first contraction in 15 months. What you keep coming back to is a bifurcated market. I always read criticism of the show. You learn. I was listening to ray dalia. You always read and understand the criticism. How could you be negative . No
Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices fall fog fouryear low. Opec preparing to meet this week. Raymond james weighs in on chevron, exxon, hess, occidental. United technologies announced the chairman and ceo is retiring, effective immediately. Ill tell you whats next for the company, who the new ceo is and ask questions. Not sure we have a lot of the answers. Lets get to the markets. For a sixth consecutive week of gains. The 45th record close of the year, the dow its 28th, nasdaq, as we told you, new 14 1 2 year high, 6 out of 10 s
Numbers. Profits miss estimates by a penny. The massive data breach hang over the stock. Macys downgrade with disappointing results, dicks and urban outfitters. All moved lower. A vote coming for obonomics in japan. And well have an exclusive interview with the ceo of halliburton to buy baker hughes. Revenue above consensus rose better than expected 5. 2 . Retail noting at 28 million and expenses for that recent data breach adding it cannot estimate the total cost of the breach which for the year, about 34 million. Not bad in a tough retail environment. Traffic up. I think what happened is last week macys reported a quarter where they cut the forecast, yet the stock rallied too after being down one. That caused a lot of people to say it doesnt matter what retailers do. Its going to be a good holiday. Gasoline down, employment up means you can suspend what people think. Lots of stocks ran. When you run into a quarter, suddenly we take it into account the way we didnt when macys was stal