government says it s investigating claims by a hackers that they have stolen the details of 560 million of its global customers. it could be a fresh crisis for the company s owner live nation whichjust last week was hit by a us government lawsuit accusing it of having a monopoly over the live music business and seeking to have it broken up. the bbc s monica miller is looking at this for us in singapore. this news just breaking, this newsjust breaking, what is the latest? we this newsjust breaking, what is the latest? is the latest? we know the u-rou is the latest? we know the grow) that is the latest? we know the group that emerged - is the latest? we know the group that emerged is - is the latest? we know the i group that emerged is named shiny hunters and online later they have stolen data including they have stolen data including the names, addresses, phone numbers and partial credit card details of customers and in the post it said the data was available for $500,0
than 40,000 south african miners employed by anglo american. in a statement, bhp ceo mike henry said. anglo had rejected bhp s previous offers, saying they undervalued the company and its prospects. speaking of deals, it s been a big week for consolidation in the energy sector. the latest development? conocophillips s acquisition of marathon oil in a $22.5 billion deal. erin delmore has all the details and more on this rising trend. think about the early days of the pandemic. people are stuck at home, not going out and not driving their cars. 0il at home, not going out and not driving their cars. oil prices crashed, but sent them, prices have come back then. back up. take conocophillips. the share price has nearly tripled and now it s acquiring marathon 0il worth $25 billion including debt. that will help conoco expand drilling in mexico, north dakota and texas and are to equatorial guinea. large and midsize oil companies have been competing to buy up the smaller rivals. a
Feds final meeting of 2017. Jim lebenthal, the question is this will we look back and say this marked the beginning of the end . I dont think so. First off, this particular move is well telegraphed so the market expects it and the question of what will upend this market is any time you see Profit Growth in any way interrupted, and on that front its hard to see anything coming up look, you wont have any news until the middle of january or early january when Companies Start to report and they are more likely to be positive, particularly if a tax bill does get inacted even if theres negative news. They will be looking forward and feeling good about the tax bill. I dont see the fed on this rate hike or anything they are doing in 2018 overcoming the Profit Growth they are looking for in 2018. Joe, a consistent path of tightening does that mark in any way the beginning of the end of the bull market, one of the greatest that weve seen, that has raged since the depths of the crisis since now,
Dow, it lost another 56 se7 pois this morning and rebounding like crazy in the afternoon. Same method it fell at the opening. S p falling. Nasdaq surging 3. 7 . How much can you trust this bounce get this, a report from snapple on top of last nights rocket fuel which was a perfect report from semiconductor sky work solution look, i think we cleaned out the bear den when we opened down that fabled 567 dow points i think we wiped out the weakhanded investors. We dealt with mechanical issues that exacerbated the decline even as the tape suddenly got a lot more bullish as we told members, the actual owners plus. Com club, you cant chase a flying market. And right now we have a flying market you need to understand where we are. What caused us to get hammered in the first place unfortunately many of these issues remain relevant even after todays rally. First yield sword thanks to fry fridays unemployment report investors become risk averse as they creep higher, treasuries represent a better
Earlier down about 0. 1 . Not so long ago down 0. 4 percent and perhaps of the continuation of yesterday selloff and loss of uncertainty to deal with and the headline that vicechairman of the Federal Reserve resigning and looking at that on the market in a moment. In terms of the underperforming relative to the nasdaq and it has the higher momentum stop that react more so on a risk offer and today is not really risk off but you would think so. Look at apple down after yesterdays 1 decline. Investors taking profits on one of this years top stocks and expedia is lower by 3 after , loadedvo trivago their full year profit. Nonetheless, one of the big drags and tesla is down more than 1 after nissan has released its first refurbished electric vehicle and seven years saying they will double cells and giving tesla a bit of a decline. An intraday chart and we are going to see the trend is down. This is about a 7 range and not too big. When the announcement came that Stanley Fischer is resignin