To have al be able reusable dragon capsule. Reversingnership slumping sales. The company just launches brandnew mario kart 8 game and players will be able to drive a mercedes for the first time. Nintendos mario or her also appears in a mercedes commercial in japan as nintendo tries to make more money from licensing. Of the day Steve Ballmer have something new to get excited about and retirement. The former microsoft ceo known for his emotional speeches during microsoft events, jumping up and down, has reached a deal to buy the l. A. Clippers for 2 billion. That shattered the record for an nba team. 550previous high was Million Dollars pay for the Milwaukee Bucks this month. In a statement, ballmer says i love basketball and i intend to do everything in my power to ensure that the clippers continue to win and win big in l. A. Signed the agreement with the Sterling Family trust, which moved to sell the team after owner Donald Sterling was banned from the nba for life or making racist rem
Not Great Customer data bases. Did the fed get it right . Could something have been missed. Alibaba slated to price tonight, begin trading tomorrow. Today the day for scotland. People there currently voting on an historic referendum that could change the uk. Cook writes, a few years ago users of Internet Services began to realize when an Online Service is free, youre not the customer. Youre the product. But at apple, we believe a Great Customer experience shouldnt come at the expense of your privacy. We dont monetize the information you store on your iphone or icloud, and we dont read your email or messages to get information to market for you. Our software and Services Shall designed to make our devices better, plain and simple. Probably the most comprehensive comments on privacy and security. This is a feel good if you are an individual. You dont want to be compromised. I keep thinking about the blackberry. People talking about that stock going higher. Every single major fortune 500
Dependent. Whats the appetite . Just over an hour to go until we get the results of the ecbs first auction. With expectations that banks will take up around 150 billion euros in loans. Investors cheer plans to float its plastic business, allowing the german drugmaker to focus on its crop sooiz unit. Thumbs up, shares of solar surge to the top of the stoxx 600 on reports that rand is eyeing a merger with the industrial group. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. The central bank reassuring markets that rates will continue to stay near historic lows. The fed kept the phrase for a considerable time in its post meeting statement. Janet yellen noted the forecast hasnt changed much since their last meeting in june. There is no mechanical term of interpretation of what the term considerable time means. As ive said repeatedly, the decisions that the Committee Makes about what is the appropriate time to begin to raise its target for the
Target to the federal funds rate will be data dependal. All right. Seems confusing enough. But the bulls do seem happy enough with the fed at least for now. The dow closing at another record. You can see up by about 25 points. The s p rallying back above 2,000. If you take a look at whats happening with the futures this morning, you will see at this point the green arrows continue. About 57 points above fair value. S p futures up about 8 points. Appeared rue, over to you. Thank you, becky. Were going to talk today because it is what were calling alibaba day. The chinese ecommerce giant said to price the ipo after the bell this afternoon. The range has been listed to between 66 and 68 a share. Due to strong investor demand. Stocks then expect to start trading on the New York Stock Exchange tomorrow with the Ticker Symbol baba. And not a bad symbol. If you havent gotten your shares, call your broker if youre going to get them at all. Anyway, the other big news happened late in the day. T
July 30th, 2013. From nbc news, this is today, with matt lauer and Savannah Guthrie. Live from studio 1a in rockefeller plaza. Good morning everyone. Welcome to today on a Tuesday Morning. Im Savannah Guthrie. Ive been dancing a little bit. You got the moves going. We got the song of the summer and the guy singing it in our 8 30 half hour. Do you know why im happy hes here . So he can perform the song. Not you and al all the time. Anyway, we look forward to that crowd on the plaza and now the breaking news near orlando, florida. Its a real blessing that so far no one died from these multiple explosions at a propane facility. About 50,000 tanks were kept there. Blasts sent huge plumes of fire into the sky and it took several hours to get a handle on the situation. Mark potter is there for us this morning. Mark, good morning to you. Reporter good morning to you, savannah. The blasts and flames could be seen for miles. The fire is under control as officials try to figure out exactly why t