Major funding for the pbs newshour has been provided by fathom travel. Carnival corporations small ship line. Offering seven day cruises to three cities in cuba. Exploring the culture, cuisine and Historic Sites through its people. More at fathom. Org. Lincoln financial committed to helping you take charge of your financial future. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Supported by the rockefeller foundation. Promoting the wellbeing of humanity around the world by building resilience and inclusive economies. Ckefellerfoundation. Org Carnegie Corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs stati
On tonights pbs newshour. Major funding for the pbs newshour has been provided by fathom travel. Carnival corporations small ship line. Offering seven day cruises to three cities in cuba. Exploring the culture, cuisine and Historic Sites through its people. More at fathom. Org. Lincoln financial committed to helping you take charge of your financial future. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Supported by the rockefeller foundation. Promoting the wellbeing of humanity around the world by building resilience and inclusive economies. Ckefellerfoundation. Org Carnegie Corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contr
Youre watching Market Makers. I am alix steel. Golf fan, buthuge i enjoyed playing the game. You got to sit down with tiger himself. That is pretty cool. And rory mcilroy. He could have a career grand slam. He is only 25 years old. Things inputting perspective. We will have that whole interview in the show. These are the top business stories. Home depot rose today. The biggest retailer in the u. S. Beat estimates. They also raised the fullyear forecast. Consumers are spending more on a renovations. Bhp will spin off into another company. They weresays expecting a buyback for shareholders. There was some disappointment. James shirov has died. At Price Waterhouse coopers. He was also a lead director at goldman sachs. A why is there such disconnect between Housing Starts and homebuilders. Homebuilders of not been this optimistic in years. Brokehows that they ground on 1. 1 million homes in july. That is two thirds of the average between 2003 and 2007. Michael mckee is here to explain why.
The Berkshire Hathway giant is going to be investing in the form of preferred shares in that inversion trng. Berkshire is expected to provide about 25 of the financing of that action. He should say that they teamed up before with hiez. In that particular case, he had gotten a 9 coupon. We will see what they are going to be paying for the berkshire name. Sources telling me literally five minutes before we came on the show that the transaction, they were trying to sign that transaction up literally in the next couple of hours. So we will bring that news to you as it comes. We should tell you this morning, amazon buying Live Streaming Gaming Network twitch interactive for backside 970 million in cash. It is the largest in amazons 20year history. Twitch allows users to message other players during live play. The ecommerce giant hoping the acquisition will help it better compete with apple and going t in the fast growing space of Online Gaming. More than 70 of Online Google sales coming in
Companies all pursuing the same goal and doing that with venturecapital sitting available with talent floating around. It is hard to imagine i can even imagine fairchild anywhere else. The stories are mindboggling and it occurred four blocks from here. Marshall cox told me when he was hired he came out of l a with no idea he would be vp of sales, had no idea what fairchild really made and he got here and it was a half finished wooden building. The upper floor was empty and there were boards on them. And folding chairs and they did a slide show and they were showing a transistor and marshall was going to have the entire Southwest Region of fairchild and he looks at the slide and he didnt know if the transistor which was 12 feet across was lifesize or tiny. And he said i got to get a station wagon. How am i going to carry samples around . Then they broke for break and he walked over to the sawhorses with the plywood and all he put out were plates of brownies and bottles of scotch and tha