Watch. The oil and gas boom in north dakota and texas isnt just benefitting the heartland. Its also creating jobs in phil mile at a shipyard. That and more tonight on nightly Business Report for friday, october 25th. Good evening everyone. Im susie gharib, tyler is off tonight. More positive momentum on wall street today. The s p 500 closed at a another record high, and the pmajor stok averages were higher for the third consecutive week. Two Tech Companies were the talk of the trading day. Amazon surged 10 and shares is of microsoft shot up 6 . Investors brought up the stocks reacting to Quarterly Results that came out late that we told you about. Here is a look at the closing numbers, the dow rose 61 the nasdaq rose 14 and the s p tacked on seven closing at that new record 1,759. So with the s p at a new record and the nasdaq closing in on 4,000, it may be getting tougher to find some real value in the stock market. But as seema mody found, there may still be some value plays out ther
Economic arena. I always forget that he actually worked years ago. Then we have steve forbes, the grand master of todays ceremonies. Then we have bill ford. Well talk about the Automotive Industry, maybe ask him a question about tesla or two but really try to understand what manufacturing means in this country. And then the governor of north dakota, now, the governor of north Dakota North Dakota has the lowest Unemployment Rate in this country. Were going to talk about shale, natural gas, what all of that means, innovative and manufacturing and finally, the big issue of the morning, education, and we have cheryl hyman, the chancellor of the city or rather the Chicago City College here and what theyre doing with education and teaming up with companies and what theyre doing to create jobs. Thats what we have going on right here in chicago at the forbes reinventing America Summit. And im going to send it in the meantime back to you, becky. I knew what happened there. I was confused, too.
The presiding officer are there any senators in the chamber wishing to vote or change their vote . On this vote, the ayes are 56, the nays are 43. Cloture is invoked. The clerk will report the motion to ip voke cloture. The clerk cloture motion we, the undersigned senators, in accordance with the provisions of rule 22 of the standing rules of the senate, do hereby move to bring to a close debate on the nomination of m. Edward g. Smith of pennsylvania to be United States district judge for the Eastern District of pennsylvania, soone signed by 17 senators. The presiding officer by unanimous consent, the mandatory quorum call has been waived. The question is, is it the sense of the sna that debate on the nomination of edward g. O g. Smf pennsylvania shall be brought to the a close . The yeas and nays are mandatory under the rule. The clerk will call the roll. Vote vote vote the presiding officer have all senators voted . Are there any senators in the chamber wishing to vote or change thei
In the last hour certainly having pretty good impact. Were looking for solutions to the obama care met. Tenet health care ceo Trevor Fetter is with us on how the bumpy rollout has impacted his company. Also muni bonds, Everybody Loves them, theyre safe and boring, right . Well, not so fast. Millions of investors are in these because many times the income is taxfree and its believed these bonds that are linked to cities and municipalities are a lot less volatile than stocks. But are there new danger signs of anyone who owns them or thinking about owning them, need to know about . Well take a closer look at munis coming up. The Dow Jones Industrial average near the lows of the day with a decline of 58 points. Pretty steady until the minutes came out. As can you see what happened, as soon as those minutes came out at 2 p. M. Eastern time today. Nasdaq composite under selling pressure today. Take a look at down about seven points on the nasdaq. Fractional move there. Again, very similar ch
Reaching this reality and yes, cinnabon, you know, cinnabons, the smell of all of that frosting and cinnamon. Talking about how to avoid the same fate as the gorman gourmet cake maker crimes. First headlines from su keenan. Earnings season. Wells fargo came out with numbers this morning. Profits increased 4 on lower credit cost. Wells fargo pershare earnings failed to top the preceding quarters for the First Time Since 2009. Has agreed to delay it started in new york until monday. The court has granted an injunction against uber. Lebron james is returning to the Cleveland Cavaliers where he started his career. Cavaliershe cleveland a billiondollar franchise, double what the team was worth without him. Those are the headlines. Thanks very much. And his on lebron james to surgeon to return to cleveland. Joining me on the telephone is some of his clients include players such as richart tony felton. Great to have you on bloomberg. What does this mean for the future of the nba . I think it