New Board Members, and one of them is the yahoo co founder. Another is the chairman and director of the Charles Schwab corporation. Shareholders will be voting on the nominees at the companys annual meeting june 25. We will have more on this later this hour. First, the Top Technology headlines ibm has posted an eighth straight quarter of declining sales. Sales fell almost four percent in the First Quarter while profit tumbled 21 . The hardware and consulting spots, butits were cloud revenue was up more than 63 . New York Attorney general Eric Snyderman has sent subpoenas to six highfrequency trading firms. He is seeking information on their trading strategies and the arrangements firms have with the exchanges. He says he is concerned some trading platforms may Sell Services that are giving high for traders an edge in the market. Plans to on rehabilitate its business, instead the once prominent Bitcoin Exchange will ask a Japanese Court to liquidate its assets, saying that a rehab plan
Whether or not it will pay off ahead of the First Quarter earnings. Plus we are live on the for from new York Auto Show. To catapulte going sales . All of that and more, coming up in this edition of street smart year ago markets are near the highs of the session there. Thehe green, same story on nasdaq, julie hyman has the big three, watching the stocks you need. Some of the upside we are seeing today has to do with Industrial Production. Janet yellen did not seem to hurt matters. Yahoo is out with numbers, but it is sort of an interesting story here. Yahoo s earnings were not that fantastic. It seems to be more gaining because of the figures come ali baba. Of course, they own 24 of alibaba, that Company Reported a surge in sales of 66 . It will not be relying on it forever, they will becoming public, but for now it is still helping matters at yahoo . A different story is bank of america. Unexpectedosted an loss. Not what analysts have been looking for. Bank of america, like so many co
Decades of twisted music. But hes going to talk today about his induction into the rock n roll hall of fame, as well as his new book. And the chief executive of the philly pretzel factory, his twisted products have led him to profits. All that and more over the next hour. First the headlines. Google out with its earnings after the close of u. S. Trading. The companys sales falling short of estimates. Revenues excluding sales passed on to partners was 12. 2 billion in the First Quarter, shy of a projection by analysts for 12ds. 3 billion. Shares are dropping in the after hours trade. American express also out with its results. The company said First Quarter profits rising 12 and that beast analysts estimates as customer spending improved. And new York Attorney general is said to have sent subpoenas to six High Frequency trading firm asking for information about special arrangements they have with exchanges as well as their trading strategies. Thats a look at some of the top headlines at
From our studios in new york city, this is charlie rose. One year has passed since the Boston Marathon bombing. Three people were killed in the tragedy. It marked the deadliest terrorist attack in the United States since 9 11. The event triggered an outpouring of compassion and grief from around the world. A Memorial Service was held early in the Convention Center a few blocks from the attack. A moment of silence was observed that 249 p. M. , the time of the first explosion. Biden spoke at the ceremony. You are boston strong. America is strong. They are not unlike you. All around america. That is what makes us so proud of this city and the state. We have never, ever, ever yielded to fear. Never. Joining me now is the msnbc contributor from the boston the chief ofst and staff to the chairman at citigroup. He read in the marathon last year. He ran in the marathon last year. Ou were in the city today it was a very mellow feeling in the city today, the overcast weather probably helped the
Philly pretzel factory, his do you do with that data . This is a scary part. Google gets to know us better than we do. Theyre trying to take all the information they have about you and reengineer the human brain, to understand how you work and think. To be able to predict that youre going to go out to a restaurant tonight and make a reservation for you. To be able to tell you what you want and have you have it delivered to you before you order it. All of these data are going to be used in amazing ways and in really, really scary ways. We can talk about the wonderful, we can talk about the dark side, how google is becoming the most powerful corporation in the world. You can talk any way you want to. I want you to talk about advertising because it seems as though the whole concept what have advertising really is is changing. Tell people about your company and how you have to identify those changes really almost before they happen. Absolutely. I think that the whole base plan to this goog