What exactly defines crazy town . Its the worshipping of the false god of higher oil. Or even the demigod of slightly higher oil. This bullish stock pandering to the rising stock of oil was a threefold impact on the market that defines crazy town because its so darn positive. Why do the bulls like what do they like about all of us paying more at the pump or having our goods be more expensive because of the cost of energy . First to the crazy town aficionados, higher oil means less stress to the system. We are nowhere near the point where we dont need to worry about oil and Gas Companies going belly up. We need it at 45 a barrel to keep most Companies Alive in this country. Theres some cheaper oil, but its being used up by cash strapped firms going after the lowest hanging fruit in the portfolios. Trouble with Oil Companies can sell futures and lock in, say, 50 bucks a barrel which keeps them around to play on and maybe pay dividends. At this moment were 9 away from that 45 level even a
Happening now. Streets are still closed down in san jose. Four hours ago it happened, and what police say contributed to the accident. This is a nhl lockout and the puck highway soon drop down at the tack. Why you need to bring extra change with you if you plan on parking at a meter in San Francisco today. Complete bay area News Coverage. This is mornings on 2. Good morning, welcome to mornings on 2. It is sunday, january 6th. I am mike mibach. I am Claudine Wong. We will check in with rosemary to see if the rain is gone. Not yet and dealing with spotty showers across the peninsula from san mateo and loss ooh ltos and palo alto, a few sprinkles there. And we have san jose dealing with light rain and off to the east where we have fremont and areas near hayward and showers in the forecast. We will have weather improving for sunday afternoon, what to expect, coming up. Streets are shut down in san jose. It happened four hours ago on south first, margaret streets. Alex savage is joining us
The drum roll please. Curtains pulled off two major surprise events. Concept trucks at ford, and facebooks latest twist on social media. Good afternoon, everybody. Im liz claman, the last hour of trading, and countdown to the closing bell begins right now. The big stories in a minute, first, the markets. A wishy washy day. The dow hit the highs of the session, okay, only 13 points. Well take it at the moment. Now its 1516. As it climbs. The nasdaq is languishing, and part of that, of course, is apple. Apple is the real drag on the nasdaq with the stock breaking decisively below the 500 a share level. This number here, 11 month lows, and earlier today, at 484, you know the story. Apple suppliers cutting back on production due to weaker than anticipated iphone5 demand, and then on top of that, china, flashing estimates lowering targets to 530 to 600 a share. Meantime, below all of that anyway. Facebook reversed course. The stock down, been turning back and forth on a dime. Now right arou
Mutations are changes in the molecular letters that make up the DNA code, the blueprint for all living cells. Some of these changes can have little effect, but others can lead to diseases, including cancer. Now, a new study introduces an original technique, called HiDEF-seq, that can accurately detect the early molecular changes in DNA code that precede mutations.
Genetic testing firm Ambry Genetics and Pacific Biosciences of California Inc. are working together to find the genetic cause of rare diseases in pediatric patients.PacBio (Nasdaq: PACB), a biotechnology company in Menlo Park valued at $524 million, manufactures gene sequencing technology for scientists and clinical researchers.