I am her sidekick matt miller. Market makers. Lets get to the newsfeed. The top business stories from around the world. Consumer confidence is still close to its high mark for the year. The Bloomberg Consumer cover index was unchanged last week after three weeks of gains, the second highest it has been since 2008. In a report says Consumer Spending grew load less than forecast last month. Or largest a lawyer reduce alcoa has agreed to buy British Aerospace parts maker for 2. 9 billion in stock and cash. Alcoa has been closing on probable smelters because there oversupply of aluminum. The Worlds Largest furniture seller is raising its minimum wage in the u. S. Workers making the minimum wage will get an average 10 76 cents starting january 1, 17 raise. It will benefit about half of ikeas employees. The minimum will vary based on the cost of living and their 38 locations. Everyone is talking about on wall street, new York Attorney general Eric Schneiderman is a busy guy, pursuing charges
World as our colleagues are convicted in an Egyptian Court in a blow to freedom of the press. She thinks god thinks that she isnt as useful or have the talent. Excommunicated from the Mormon Church. Why a prominent member of the community has been kicked out. A currently in violence on the streets of a major American City. Desperate times calling for Desperate Measures to keep teens out of trouble. Are curfews the answer . Good morning and welcome to al Jazeera America. Im stephanie sy. Im del walters. The news in iraq is growing more dire. More than a thousand were killed, civilians died in executions and bombings. Secretary of state john kerry is extending his diplomatic tour of iraq for a second straight day as isil unleashed an assault on military forces. They attacked a Police Convoy transfatherring inmates near the shia city, killing 71 prisoners and five Police Officers. Last week, the group killed 44 inmates inside a prison north of baghdad. Kerry arrived in the occurred issue
Futures indicate the s p likely to open above 2,000 today. The move comes after projections show the country is likely to miss its 2 inflation target. Walmart getting a jump on the Holiday Shopping season. The worlds biggest retailer cutting prices on more than 20,000 items tomorrow. Walmart also plans to open more checkout lines during peak times, and it may match instore prices with online competitors, but you have to ask for that. The change trying to reverse six straight quarters of stagnant sales in the united states. A familiar story, another management shakeup. Twitter names a new head of product, fifth in five years. Already this year, the c. E. O. Has replaced his c. F. O. And ousted the chief operating officer. Earlier this week, he spoke about his Management Team on bloomberg west. Management team has grown and evolved and changed over time, and i think that is always the case. I love the team we have in place. Weve developed all sorts of tremendous leaders across the compan
Tenyear yield down this morning. Speaking this afternoon, and europe is mixed as well. Road map begins with General Motors halting sales of the chevy cruz sedan due to faulty air bags while the ceo offers an explanation on nbc. Pricing at the high end of the expected range, well bring you all the action of those very first trades. And shares of bed, bath, and beyond are taking, well, a bath this morning. The company missing earns expectations due to high costs. Alcoa buying for 2. 48 billion in cash and stock. Dealers temporarily stopped selling 2013 and 2014 chevy cruz sedans due to air bag programs. Mary barra was on the today show to answer questions about the crisis, and we have more. Good morning, phil. Reporter good morning, carl. Whenever a dealer is told to stop selling a particular vehicle, its not good news. It can be damaging not only to sales, but to the reputation of the dealership and company. Thats what happened to General Motors, telling the dealers, stop selling 2013 a
At this hour, at least right now, there are some modest advances. Germany up by about 14 points. Ftse up by 8 points and in france, the cac up by about close to 10 points. In geopolitical news, we are watching the situation in ukrai ukraine. The Ukrainian Government warns a ceasefire with pro russian fighters would end tonight. If the two sides failed to reach a deal on lastminute talks. Meanwhile, there are reports of heavy fighting around separatist strong holds in the eastern part of that country. Its a situation we will continue to watch. Andrew, right now, baub back over to you. Dupont is cutting its Current Quarter and profit forecast. The company says sales in its agriculture and chemicals unit increased at a slower pace than expected. Nike, posted better than expected quarterly results. The company spent aggressively on marketing ahead of the world cup. Demand for nike apparel and footwear rose. World cup, its the first time nike is sponsoring more National Teams than adidas. N