Getng to see if they could a production freeze. They could not agree on anything. Oil plummeted. Now it has had an incredible rebound. Alix we were down. It was pretty lackluster, and thet when the bell opened u. S. , stocks shot higher and continued to grind higher throughout the session. Energy stocks also performing incredibly well. Exxon adding 15 points. Energy stocks at the highest level right now since december. Part of this is also short covering. Covering theirs short bets. Nevertheless, the fact that energy was technically down and stocks still rallied to their highest level of the session was incredible. Joe the theme of the day was instant risk offset around the world. It started in japan. There was a rush on government the 20 year and 30 year. Look at that line. It goes straight down over time. It looks like every day we are hitting new lows in japan. Of course, the failure in doha to get anything accomplished gave emerging markets a boost. Rubleg at the ruble, the initial
S p reclaims 2100 a lot to look at including coke and yahoo. Europes relatively mixed, oil is lower as the kuwaiti oil strike has now ended. But first up intel announcing plans to cut up to 12,000 jobs, about 11 of the work force, weaker demand for pcs ask that exclusive coming up in just a couple of moments. As we said we brought in jon fortt to lead this interesting quarter and interesting plans now for the future. Its really interesting, carl, because we just saw ibm report a quarter where they talked about weakness in latin america, particularly brazil doing some cuts overseas. Now intel coming in saying the pc market is weak, but also the Data Center Enterprise demand was weak, its cloud demand thats stronger. Makes you wonder overall when it comes to the end user whether that end user is sitting at home or in a business or even at a data center that the business controls, what really is happening to demand for devices that run on intel chips. Of course stacy smith, cfo is going t
The presiding officer are there any senators in the chamber wishing to vote or wishing to change their vote . If not, the ayes are 95. The nays are 3. The bill as amended is passed. A senator mr. President . The presiding officer the senator from south dakota. Mr. Thune mr. President , i ask unanimous consent to speak for up to ten minutes. The presiding officer is there objection . Without objection. The senate will be in order. Mr. Thune mr. President. The presiding officer the senator from south dakota. Mr. Thune i want to express my appreciation to my colleagues for the passage of the federal Aviation Administration reauthorization act of 2016. By passing this legislation, which i offered with the Commerce Committees Ranking Member, senator nelson, and our aviation subcommittee leaders senators ayotte and cantwell, the senate is seeking to end a string of short extensions with a comprehensive reform proposal now on its way to the house of representatives. Bipartisan efforts at both
Illegitimate purpose. And there was another issue that required additional scrutiny. We satisfied that burden. Dont you think this will lead every single plan to be challenged as voter delusion . No, i think you would have to have a showing of an illegitimate purpose behind the deviation. You didnt just establish it by the fact of the deviation. What kind of evidence did you present to the District Court . Well, i think in this case, this case is a very unique case because as judge wake found in his decent, the chart shows statistically there was systematic partisan mall apportionment done for that partisan reason. Just looking at numbers. Is that the chart at 112a of the appendix . Yes. I think that it is the chart that is in color. I think weve also provided. Ive got the colored chart. Yes. It shows the districts were systematically, statistically mall apportioned for that purpose. That shis the kind of showing Justice Scalia i thought, mr. Herron, that you were saying that the thing
I am mark barton, a quick look at the market at the markets. We are going to see a second consecutive day of gains if things stay the same for the next seven hours. The stoxx europe 600 is a by 1 today. The mining index is the big performing Industry Group after slumping yesterday. Credit suisse big jump today. We had a loss, not quite as bad as forecasts and brent crude is up today after reporting yesterday up. 6 . Here is nejra cehic. Nejra chinas Consumer Prices continue to rise at a healthy pace in april, but still a bit low the governments target rate. 2. 3 was driven by prices given the pboc a reason to hold off on another rate reduction. Easing ing to an factory gain inflation. Be his topverty will priority as he claims of victory in the filipina in the philippines president ial election. A zero tolerance approach to crime and corruption. A string of on guarded unguarded comments. As ills political system has fallen even further as an old that bodies vote to impeach the presiden