He spent five years as a taliban captive after leaving his unit. Pete rose has been banned from baseball for gambling since 1989 and plornlg League Baseball says that is not going to change. Rose had applied for reinstatement to major League Baseballs commissioner but that application has been rejected because of roses continued legal gambling and new evidence abou roses betting on games when he plalayed for the cincinnati reds. Hollywood boulevard was locked down tighter than the death star last nightor tinseltowns biggest premiere in recent memory. It was an amazing site. Check out the storm troopers on the red carpet stretched for half a mile and theost elite of celebrities last night at the premiere of star wars was shown to vip crowds in three separate theaters including the chinese theater where the original star wars played 38 years ago. Im really excited to get this movie out there for the audience and see h how they feel about it. Will open l later this week. More than 4,000 s
With stocks trekking oil, whats a kingdom to do . Saudi arabia might be about to take drastic measures to stabilize its finances including selling the crown jewel. Actually considering an ipo of a stateowned oil giant. Is saudi arabia losing its grip just as isis and iran bear down . Weve go to a fox business exclusive. You cant miss it. Weve got the former u. S. Ambassador to saudi arabia. Richard murphy. He knows what theyre thinking and the race to the cornfield so. Just 22 days until the iowa caucus and while donald trump may be leading the polls his economic plan is falling under scrutiny for the world leading economists. What they say they found and whether it will hurt the frontrunner. And as vw unveils a new concept suv with a slightly bizarre name. Jeff flock is live at the north American International auto show asking the really tough questions about the companys not so clean diesel emissions scandal. Consider Consumers Trust the car manufacturer and buy into the tiger suv. W
Right now. At todays low, we were down 1600 points for the year for the Dow Jones Industrials. The biggest declines in 4 1 2 months, on both the dow and the s p. So what happened overnight . Chinas slowing economy tripped up stock market, the shanghai index tanked another 3. 6 , that in turn led investors to believe that the second largest economy will not be consuming as much oil as it has in the past. Theres already a massive oversupply, a glut of black gold but china stumble coincides of the sanctions on iran. The rogue nation will be free starting monday to start spilling its excess oil supply into the Global Market. Its the recipe for a Global Market selloff. Thats whats playing out right now. No surprise, oil is taking most of the punishment settling below 30 per barrel. Were there at 29. 42. As we trade in the aftermarket session, were going to keep it on the lower band so you can watch it every step of the way. The market suffering, moving in lock step with oil, that trade has
Morning, still below 2. 5 . As for europe, so much discussion over the weekend with what is happening in portugal. Markets responding generally positively that portugal will use some of the leftover rescue funds to try to recapitalize a new bank there and were seeing some credit spreads on the back of that as well. Half an hour away from the market open. Lets begin with the road map today. We take a look at markets with u. S. Futures looking for a comeback, International Tensions temper positive earnings news. Investors continually reinterpret the current take on its consumer. And in an interview with the economist, president obama telling ceos they should quit complaining. So before we get to all of that, lets start here with the market, according to a higher open, selloff with the worst s p since june 21st, in fact. Data showing growth in china sector but the shanghai market is at an eightmonth high overnight. So jim, are you bidding up portuguese paper here . So many things went wro
You are watching Market Makers on Bloomberg Television. I am Erik Schatzker. I am alix steel, in for stephanie ruhle. Were looking at burger king, tim hortons as well. And Canadian Dollar terms, it is 89. 32 a share. This is a whopping premium. If you go back to tim hortons whopping, good one. 39 . Clearly the brazilian billionaire behind the three g capital and burger king sees huge opportunities for canadian coffee and doughnuts. It doesnt hurt that Warren Buffett is interested in the deal and is backing it with 3 billion worth of financing. I think this is one of the most curious aspects of the deal. They have a history because buffett participated on a preferred equity basis and the 3g capital. Heinz by what we dont know yet are the terms of the preferred shares. When does buffett go into a deal and not get what he wants and more . The difference between this and the heinz takeover is that burger king more mena publicly traded company, here in new york and also in canada on the tor