Former Shell Oil President John Hofmeister is here to weigh in on that. Oils also a hot topic at the university of dayton. The school is going green after divesting all of its fossil fuel investments. Youre going to hear exclusively from the schools president about why he is doing this and his plan to have other University Follow daytons lead as well. Yeah, bill, potentially a lot of money at stake here. Theyre doing it for ethical reasons, but theyre also under pressure, like other universities like stanford, that have done this, from students. All right, want to see whats happening with the market right now . Heres what were doing today. As you can see, kind of a meandering session. Selloff on the open this morning following what happened in asia and europe overnight and this morning. Nasdaq is up just a tiny fraction right now. Its the only of the major three averages thats actually in the green at the moment, while the s p is down a point and a half at this moment at 1,961. Lets ta
Routes for this redundant see upgrade. One would involve submerged port property and ill show you that route. As i mentioned before the Port Commission has previously endorsed a term sheet for the proposed project. And we have negotiated significant changes to that proposed agreement for your consideration today. Pg and e has been hard at work during the same period of time. Theyve been working with the California Public Utilities Commission and just recently published a draft mitigated thats under going Public Comment and review right now. Here are the routes that are being considered by the cpcu. Theres two upland routes shown in green and red. And then the submerged route is shown in blue and all three routes would provide this tran Mission Update from patrero. The blue line would go underneath city streets and then theres Directional Drilling into the bay just north of pier 30. And that would the route would run three miles and then follow the Transbay Cable up to third street to g
There is a bull market somewhere. Promise to find it just good evening. Everyone. Im larry kudlow. This is the kudlow report. A developing story tonight. Four Democratic Senators send a letter to president obama urging him to do whatever he can to sidestep congress and increase the debt ceiling. But he cannot legally or constitutionally do that. John boehner reacts by saying washington must stop spending money it doesnt have. Speaking of sequester spending cuts, Defense Department is gearing up, so is homeland security. And the tsa. Did you get your paycheck today . Notice something missing . The payroll tax holiday is over. Will this middle class tax hike really damage the economy . The kudlow report begins right now. First up tonight, a developing story. Four Democratic Senators sent a letter to president obama late this afternoon. They want him to use any means necessary to raise the debt ceiling without Republican House spending cuts. Thats right. Cnbcs eamon javers has the details
The yield us up at i think 2. 73 , 2. 74 . In europe now the major averages are all higher as well. See right now that the cac is up in franch by 1. 8 . J nermny the dax higher by 2. 2 . Ftse up by better than 1 as well. A lot of green arrows as we begin things on this monday. Andrew, over to you. Hey, beck. Nice way to start the week off. As joe was mentioning that little bit of news this morning, Thompson Reuters now saying its going to be suspending the Early Release of its Reuters University of Michigan Consumer sentiment data at the request of the new York Attorney general. The news of the Information Company has agreements to allow some of its clients to receive that data two seconds before other clients. You might remember this news was broken by eamon javers about two weeks ago. Investment group Perry Capital filing a lawsuit against the Treasury Department over the bailout terms for mortgage firms fannie mae and freddie mac. Saying they violated a 2008 law that put the two Mor
7 30. Well roll out the reaction as soon as those companies report. We have dupont and United Health. Am i speaking too soon, joe . Im away from my computers . They are . Oh, great. Thats good. I like both of those companies. Ill come over and help. Both of them should be followed. Dupont saying adverse weather conditions reduce First Quarter earnings by an estimated 7 cents. Did you see how many times i think the beige book mentioned weather 131 times. Someone counted the number of times it mentioned weather. Weather is an issue. You know, that was not fair, becky. Im sorry to spring that on you. You were without blame because youre in that shes a vision in white this morning. Im interested im looking, im looking. Ibm, the lowest is that for real . The lowest revenue number . That was a bad number. The lowest revenue number. Didnt we just talk to people. Who was it, bill miller said he expected an uptick because it had been eight quarters in a row it had been lower. I think an activis