New model three ahead of tonights unveiling. The line is longer for the tesla 3 than it is for the apple se today. Well tell you how to play the tesla announcement without buying tesla stock. Thats coming up a little bit. I did see pictures of people with tents popped waiting to sign up for teslas. Lets start with the digital disruption facing our nations banks, hours ago the u. S. Controller of the currency sounded the alarm on the risks Financial Technologies pose to banks saying what were trying to encourage is responsible innovation. This coming just as citigroup is out with new research claiming that the Banking Industry could lose up to 30 of its jobs in the next ten years due to the rise of Financial Technology companies. We turned mike santoli on this following the story. What did you find . Both of those things you mentioned, the concern about the rapid growth and unregulated areas and potential loss of jobs is because theres really been this gold rush of Financial Technology
Number of ways to and using gift cards. Jessica rae looking to get your Holiday Shopping done before black friday . There is no shortage of deals if you want to get a head start. Stores across the county are offering deep discounts on site and online. Heres your Holiday Shoppingguide. Forgetetlack friday. Me of the nations biggest retailers are already rolling out their big deals. Amazon. Com started early. Way early. The online retailer launched black friday deals on including and clothing. Amazon prime members got access to some of the deals 30 minutes earlier than nonmembers. Wal mart and target are just some of the stores that began offering deep savings on november first. If youre among the growing number of shoppers going online for deals, you can expect Free Shipping at some retailers. Best buy will send you your products for free this year. If youd rather stick your door buster savings on black will open their they include toys r and target. For a specific time. Expect several
The Dow Jones Industrial average up 274 points yesterday. Investors rushed into the market after the fed hinted that Interest Rates will stay near zero. U. S. Economic growth might be lower than expected. Maybe they will keep rates at 04 longer. Zero four longer. Ceo has been cutting costs. He has been under pressure from activist investors. Investors dont appear to like the shakeup at cap peered shares falling as much as 9 after the company replaced of the ceo. The stock more than doubled during his tenure. He will be replaced by the president of gaps growth, innovation and digital unit. Work zuckerberg is calling Internet Access a basic human right. Hes in india where he will be with the prime minister. One billion people in india are unable to get online. Deploying traditional Networking Infrastructure to connect Rural Communities with low population density is not really costeffective. Which is why it has not been done yet. We are working to develop new technologies that can be mor
President obama justifies actions saying time is up in mosul. Today, with our support, iraqi and Kurdish Forces took a major step forward by recapturing the largest dam in iraq near the city of mosul. And authorities in missouri say police came under heavy gunfire overnight as a peaceful demonstration against the shooting of a black teenager turns violent. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. So a very good morning, everybody. Lets talk a little bit about this bhp billiton story. Unlocking value, but for who . Bhp billiton shares as the mining giant announces it will spin off 14 billion worth of assets into a new company to be listed in australia. It comes as bhp posts full year underlying net profits of 13. 5 billion. Thats up 10 on the year. Well, lets catch up now with john wilson. Well speak to him as he comes good. But meanwhile, i want to fill you in on the mollermaersk story. After the shipper delivers a 1 is billion buyb
Study says the prices on Health Care Exchanges are pretty good and thats making Companies Take notice. Change is in the air. All of that and more on nightly Business Report for thursday january 30th. Good evening, the u. S. Economy is growing, earnings are coming in strong and that inspires investors to buy stocks today. Stocks came roaring back on news of the u. S. Economy grew at 3. 2 in the final three months of 2013. It was one of the strongest quarters in eight years. And credit goes to solid spending by consumers and businesses and jump in exports. Another batch of healthy earnings contributed to the rally. Today was the busiest day with reports from exxonmobil and visa and 3m and dozens more. Lets rundown pt closing numbers from wall street. The dow rose will 110 points and nasdaq surged 71, a gain of 2 , thanks to a 14 jump in facebook shares and s p was up 20 points. Good earnings across the board but a different story for amazon after the closing bell shares of the worlds Big