Ifill and, we explain why two degrees is so important to those in paris looking to combat Climate Change. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill at least 14 killed, another 14 wounded and up to three gunmen on the loose, in militarystyle outfits. That was the deadly tally today after the shootings at a social Services Complex in Southern California. It happened in San Bernardino, a city of more than 200,000 people, about 60 miles east of los angeles. Ifill it was late morning when heavily armed police and others raced toward inland Regional Center, moments after th
Fall. Berlin wall. Its been five years since president obama last visited the worlds second largest economy. Now hes headed to china and the asian region on a trip that could shape policy. He is expected to touch down in beijing tonight. It is the first stop on a trip taking him to myanmar and australia. Patty culhane has more. Reporter u. S. President obama once again heads off on the long journey to asia, with stops in china, myanmar and australia, a chance to fulfil a longtime promise of his presidency. Pivot by the United States back to asia, our desire to pivot and focus on the asian region. We were able to pivot to the asia pacific region. The pivot was part of the campaign. Is it a reality. Except for a roleating a few rotating a few thousand troops to australia not much have changed. Since the budget cuts asia has been held level, while other areas face serious cuts. Its not necessarily as dramatic as one might think in the first place. Reporter if you look at trade, its worse.
Thanks for being with us. Its been five years since president obama visited the worlds secondlargest economy. Now he is heading back to china and the region on a trip that could shape Foreign Policy legacy. They touched down in an air force base. Patty culhane has more on the president s itinerary and agenda u. S. President obama once again heads off on a long journey to asia, with stops in china, myanmar and australia, a chance to fulfil a longtime promise of his presidency. Pivot by the United States back to asia. Our desire to pivot and focus on the asia pacific region. We were able to pivot to the asia passivic region. Into the pivot was part of the election campaign. Is it a reality. Experts say except for rotating a few thousands troops, the military presence has not increased by much. The numbers and potential may have looked higher. Since the budget cuts went through, theyve been able to hold asia level. Its not been as dramatic as one might have thought in the first place. If
Texas intermediate. Oil started dipping lower. We have nice market leaders. Pharmaceuticals have been strong all year. They are up. Bio tech stocks up. The problem is in the oil sector. All the names we see almost every day all down as we saw oil dropping into the 52 range right now. I want to show you what the problem is. People keep asking me should you buy Exploration Production stocks here . Look at eog. Big in the permian basin, bakkan. That stock is down 25 , almost 30 in the last few months. The numbers are plummeting almost every day. Right now in 2014 they are estimated to make 5. 32. The numbers for 2015 are down at the low threes. 40 decline in earnings. They are expecting the market earnings to drop 40 . The stock is only down 25 . People tell me on a relative basis is this still a buy right now . Id say to wait a little longer. Almost every day the numbers keep coming down. That is what makes it a little hesitant for me to say it is down 25 . Lets buy it. If you look at en
The bulls eye on target as the retailer has its Earnings Report since it suffered a Security Breach during the massive holiday season. U. S. Senate Panel Investigating tax evasion has accused Credit Suisse of using cloak and dagger tactics that belong in a spy novel. It alleges c. S. Bankers made 150 trips to the u. S. Between 2002 and 2000208 orchestrate a large scale tax evasion scheme. Some of the things Credit Suisse is accused of operating remote controlled lifts, and bankers accused of filing false visa applications pretending they were tourists and advising clients how to dodge u. S. Tax laws. The Senate Hearing kicks off late today, shares trading at the bottom, just down just over 3 in trading today. The firm came out to say it considers its insurance policies for wealthy u. S. Citizens to be tax compliant. Credit suisse has been preparing for investigations into its products known as insurance wrapper wrappers. The long arm of the u. S. Treasury, by the way good morning, ever