Chief megan murphy. Lets talk about the business theion, looking at some of effects happening between qutar looking at some of the effect happening between caps on qatar and its arab neighbors. Megan a continuing fallout that keeps unfolding in the middle east between qatar and some of its neighbors. This is what has happened with bahrain, saudi arabia, the uae they are accusing them of , harboring islamists and not cracking down on terror. It has been a longrunning incident between them, and it has no really included in terms of imposing bans. Is now imploding in terms of imposing bans. One of the biggest businesses affected is qatar airways. Oliver a company doing very well. Megan doing very well, voted a favorite of Luxury Travelers in particular. As people know, whether it is emirates or qatar airways, they are brands that have carved a global footprint out of the last two or three decades, moved into competing directly on longhaul flights in particular with some of the american ca
Chief megan murphy. Lets talk about the business theion, looking at some of effects happening between qutar looking at some of the effect happening between caps on qatar and its arab neighbors. Megan a continuing fallout that keeps unfolding in the middle east between qatar and some of its neighbors. This is what has happened with bahrain, saudi arabia, the uae they are accusing them of , harboring islamists and not cracking down on terror. It has been a longrunning incident between them, and it has no really included in terms of imposing bans. Is now imploding in terms of imposing bans. One of the biggest businesses affected is qatar airways. Oliver a company doing very well. Megan doing very well, voted a favorite of Luxury Travelers in particular. As people know, whether it is emirates or qatar airways, they are brands that have carved a global footprint out of the last two or three decades, moved into competing directly on longhaul flights in particular with some of the american ca
Detainees within the next 24 hours, and just wait till you hear where theyre being sent. Well tell you. Lori back to the markets now. The dow climbing again today, shares of nike and American Express and ibm. Oil on the rise as well. But watch out for some pain at the pump. Phil has details from the cme in chicago. Lori rothman is back with us. Lori, exxonmobil the worstperforming stock in the dow today. How come . So it was the worst performer but pretty awesome windfall for the soon to the former ceo who of course has been past secretary by president elect trump. His nominee for secretary of state. Hes serving ties with exxon but in line to receive a 180 milliondollar retirement package. So its interesting that exxonmobil is down a buck today because the price of crude oil was actually higher 1 . I want to move on to some other stories, popular names you probably own in your portfolio. Apple. The news is that apple is securing a 1 billion investment in soft Bank Business fund. This g
And the bit coin and crude a little softer on the day. Jonathan President Trump has the market on the brick of history. The dow closed in record highs in 10 straight sessions, the longest streak in 30 years and two more days of gains would tie it for the longest ever. The treasury secretary took some of the wind out of the sails, sending yields and the dollar lower and this comes ahead of the president s speech with a conserve pitch Political Action Conference Today at 10 20 p. M. Eastern and address the congress on tuesday. To discuss it, the head of strategy and then the head of the office at ubs. Jeff, lets begin with the 24hour roundtrip of the treasury secretary starting 3 growth and talking about a tax plan coming in august. Why didnt the bond market buy it . Jeff at this point its in a world of expectations and you mentioned two factors, the yield and the dollar. But that does come after three key components in terms of financial conditions. Two of them have eased somewhat yield
Announcer this is nightly Business Report with Tyler Mathisen and sue herera. Funded in part by all it takes is a spark. One idea to take flight. The courage to seek the unknown, to innovate, disrupt, to move us all forward. To explore a different perspective. At nasdaq we connect the world, its ideas and its capitals, its businesses, the people that drive the global which he. The future isnt tomorrow, its right now. All it takes is a spark. Nasdaq. Crude cracks the Energy Market faces its next big test as the price of crude drops sharply and suddenly. Report card. Engineers give americas roads and bridges a fear failing grade and a big bill to fix them. Flip or flop while that movin ready dream house can quickly turn into a nightmare. Those stories and more tonight on nightly Business Report for thursday, march 9th. Good evening, everyone and welcome. The price of oil is plummeting. Crude lost 7 of its value in just two days, the tumble was quick, was steep and its seemingly came out