After more than a decade at war, the u. S. Military could undergo a major shift. Today the defense secretary proposed changes to the armed forces. All branches will be affected, the earn taking the biggest hit. We have the details. The army will shrink to levels not seen in more than 70 years, but this is still a very hefty budget, 469 billion. It was secretary chuck hagel said today it reflects the current budget realities without compromising National Security. With the war on iraq over and the conflict in afghanistan winding down, the pentagon says it is time to propose its first nonwar time budget in 13 years, one that shifts the focus of the military to a smaller, more agile force. The reality of reduced resources and a challenging and changing strategic environment requires us to prioritize and make difficult choices. Some of those choices we must make now. Among the proposals, a much smaller army. The army grew 570,000 troops, already scheduled to drop to 480,000. Pro makes furt
That means for your next viewing myand it is monday, so producers will once again try to stem me with tonight mystery guest. Headlines from my radio cohost, carol massar. Lex mens wearhouse has raised its bid for joseph a banks and offered to further increase the price if the bank agrees to terminate the deal to buy eddie bauer. President obama is showing governors today that the decision whether to approve the Keystone Pipeline will be made in a couple of months. They are looking to build a pipeline Mark Zuckerberg speaking at the mobile world conference in barcelona, he says hes looking three seeking three to five phone companies as partners in an effort to connect billions of people to the internet that do not yet have access. Thank you very much. Activist investor carl icahn posted a letter criticizing ebay. Trish regan spoke with him and what did he have to say . Lex he had a lot to say. To him at 3 00 and the letter comes out and criticizes the board for its conflict of interest.
Complaineders have that it does not work. Mulally isalan replacing the in Car Technology with blackberries Technology Like barrys technology. Alan mulally first says no. Job. E microsoft now he is taking microsoft out of his cars. There are no details. People familiar with the companys plans. Ford has had real problems with the Microsoft Technology in its cars. Numberd lincoln ranked 26 and 27 out of 28 rands in the Consumer Reports survey because of these problems. It has been a thorn in Alan Mulallys side. If blackberry cant come in and save ford will ford can come in and save ford, ford will end an era of reliability air of reliability to blackberry. Qnx is the Software Company that blackberry bought in 2010. They make software that runs ,uclear plants, military drones it has to run things that cannot fail. It has been tested. Bulletproof stuff. Bmw used it. Volkswagen, audi, mercedesbenz. All of these systems are so much leaps and bounds better than fords system. What was wrong wit
Debate what it means for your next viewing. And it is monday. My producers will once again try to stump me tonight with tonights mystery guest. All that and more over the next hour. First headlines from my radio cohaas carol massar. 10 , 178 billion. It also offered to further increase the price if the bank agrees to terminate a separate deal to buy eddie bauer. The offer expires march 12. President obama telling governors today that a decision over whether to approve the Keystone Pipeline probably will be made within a couple of months. Transcanada applied more than five years ago for permits to build the 5. 4 billion pipeline through the United States heartland. Facebooks Mark Zuckerburg speaking today in barcelona. He is looking three or seeking three to five phone companies as partners in an effort to connect billions of people to the internet that dont yet have access. Pimm, these are your top headlines at this hour. Back to you. To other news. , e i con post carl icahn what did h
We are so about 20 off of the highs. We have earnings today. After the bell, solar city. Doing a monday data check for you. An interesting week as we raced through the First Quarter 2014. Futures flat. 16,103. Euro advances. That is important. And in elevation there. Hydrocarbons elevated. Onto Foreign Exchange handle with a little bit of oil as well. Is gold currency . Does better. In the last hour it has come back a little bit. All in all come the stability off of the cacophony of the weekend. Have scoured the ski slopes of Northern New England to find scarlet fu returning from a snow bank. I survived. Well rested. Nine hours of sleep one night. I love the photo drop of you coming out of the helicopter. The ukraine topped the front page this morning. Issued an arrest warrant for the ousted resident who has fled the country. They are on the wanted list for their role in violence that killed more than 80 people last week. He was last seen in a prorussian region. A lot of interesting st