Point is down by almost 2. 5 . The ftse is down by 1. 5 . If you look at the price of oil, which was under quite a bit of pressure yesterday, you can see this morning its down another 22 cents, sitting below 36. Lets tell you about some of the big stories were watching today. Perhaps the biggest right now is this one. Shares of allergan are plunging after the treasury and irs announced new rules to curb tax inversion. The two companies releasing a statement saying, quote, we are conducting a review of the actions. Prior to completing the review, we wont speculate on any potential impact. We should say that allergan is one of the Largest Holdings of some of the hedge fund community. Its considered a topten holding of about 80 hedge funds right now. So you might see a big impact in that stock this morning. The stock was down by about 21 . Im saying it may even be worse. Some of the people we know. Were checking the potential impact. Its down 60 points. Theres not a potential impact. Ther
Yesterday Quinnipiac University told us ben carson was the man to beat in iowa. Today the Des Moines Register confirmed it. Steve handelsman has the latest on whos up and whos down in the gop race. And whos dropping out of the democratic race. Ben carson is on a roll. Nats cheering the retired neurosurgeon. In kansas today. Surged to a big lead with iowa republicans, in todays Bloomberg Politics Des Moines Register iowa poll. 28 , up 10 since august. Donald trump at 19, down 4. Sot dr. Ben carson, republican primary candidate every place we go we see large and enthusiastic groups of people who are anxious to have a government that is honest and decent decency. Carson speaks the language of evangelicals now backing him by almost 2 to 1. Donald trump does not sot matt lewis, the daily caller rump has said things like he doesnt ask god for forgiveness. But iowa traditionally backs evangelical candidates. I think ben carson fits much more in that mold than say donald trump. Sot carson in h
Warnings in effect former sorry county until 5 30. Also sections of kent and New Castle County until 5 15 so watching showers and storms bubbling up in the a atmosphere the heat of the day, the hee and humidity around trenton right now watching this particular cell producing dangerous winds in excess of 60 miles per hour. It also has the potential for some quarter to golf ball sized hail. Well put a hail tracker on it you can see moving out of the levittown area moving into sections of Mercer County right now. Where you see the pink and purpose perp thats showing you the potential for hail size 1. 2inches in diameter. So that particular size about the size of quarters. As we move down into mullica hill, salem county, pitts grove, moving toward al owe way the potential for ponding on the roadways were talking Flash Flood Warning in effect until 8 30 this evening. Find an alternate route if you encounteencounter flooded roadw. Lightning is lighting up ultimate doppler right now. Within t
Final closing remark. The winner is Bobby Schilling. Mr. Schilling but to have the last closing statement. Cheri bustos has the first question tonight. Robert shaw and had no Just Announced theyre moving their jobs to mexico. This is devastating to the town and is also the county. What we do to keep jobs and use more specifically in northwest illinois . Bustos from day one since the election since i began to serve jobs and economy have been my number one priority. Im proud of the fact we have had success in bringing jobs to this area. After more than one decade of waiting weve been able to open the thompson present where 300 jobs on the way, another 800 next year. This is after a decade of waiting when previous folks serving in this role couldnt get that done. What youre talking about as far as these jobs being shipped over to mexico have been devastating. Its a reflection of bad policy. My opponent supports tax breaks for corporations that send jobs overseas. Devastate not only can ov
Neutrality. Your colleague, henry waxman, recently wrote to the fcc asking it to be reclassified as title ii. Whats your reaction to that . Guest well, i respect henry i a lot, obviously, but hes wrong. Theyre trying to use an old law passed back in the 1930s for an industry that is in the 21st century. Its been proven over and over again that the best solution to the allocation issues and usage issues is an open, transparent market with appropriate oversight by federal and in some cases state and local government. We have a booming internet, we have a booming telecommunications system, and by and large, its because in the last 20 Years Congress and various president s have adopted more and more open, marketbased policies towards telecommunications. So for henry or the fcc to try to use an old, old almost 100yearold law to regulate the internet, in my opinion, is just, frankly, platte wrong. Flat wrong. Host if the fcc does reclassify broadband as a title ii entity, would congress have