Facebook is for old people at which 1000000 meals also known as generation y. Certainly dont mince words but what do they want and how do they get it millennial to work thats our focus today on made welcome millennial people born in the eightys and ninetys and they have their own ideas about the world of work its about selfdetermination originality and goals they set themselves one could think millennial its all spoilt for choice or they dont see the woods for the trees depends on your point of view i guess luckily we have our very own generation y. Here to d. W. So why not let them speak for themselves my colleague. Can fill us in. I go to university all to australia. Chase my dreams. All the money where once a pension plan pension pension plan. All one big policy lets be honest lets be honest. All of selffulfillment and us will call them for i am a millennial. Generation y. We expect a lot from ourselves and from life in general and thats how were changing the work world we want to f
Comes on the heels of a disappointing quarter that saw the firm notch its worst ever results in the commodities business they say this is kbws note today we have more questions than answers about the franchises health at this point in time. Should we . Well. You take one quarter two quarters of bad trading yeah, we can ask the question. I think the question is a little bit bigger than one or two quarters this is a firm that over decades has had a little bit of a tugofwar going between Investment Banking on one hand and trading on the other hand. Youve had a guy at the helm for ten years thats a trader extraordinaire in years past youve had Investment Bankers like hank paulson running the firm i think the question is where are the Investment Bankers picking up slack from the trading which in the last two quarters hasnt done so well is it time to rethink owning this stock it is time to rethink it but when you rethink it youll come out its 1. 2 times book value. It can get a little bit ch
You can see the gentleman on top of the bus as they would secure that there and tow it out of here. It could be checked for evidence. It is the disaster in there and chaotic, it was a dramatic incident with the passer on board. Reporter he was one of the First Responder and the attempt to save lives. And registered to the other ordinance in u. S. A. , making their way from mexico to Washington State. The next scheduled stop up in livingston about a mile down the road. The bus slammed full speed into the exit sign pole, the far right side of u. S. 99. Five people were killed, 16 seriously injured including the driver vasquez of los angeles. They were taken to four hospitals in central valley, but provided First Responders with the opportunity to implement the scenario that they have been training for. There was a substantial amount of resources that responded out to the scene to assist us, which was great for us to be able to help. Reporter there is no clear cause of this crash as the b
10year note. We hear that miners are dragging down the ftse. Data from china was showing a slowdown in Services Sector growth. In germany, manufacturing orders below expectations, falling in august. That was the second consecutive month that we saw them. That surprised me. Lets get to our road map. Schultz is urging fellow ceos to turn up the heat. And jcpenney said its seeing signs of a turn around or that its strategy is working. And the long goodbye. Were going to read you excerpts from Steve Ballmers letter. Its a goodbye now. The Government Shutdown and the debt limit battle also now dominating wall streets attention. President obama continues to call on the thousands vote immediately on ending the shut down. House Speaker John Boehner still insisting the government agree to talk about changes in Health Care Reform or the obama care law as its known and also broader budget issues. This is now were nine days away from the debt ceiling deadline. This morning the journal after a conf
109 million for just 14 months. They revamp everything from yahoo mail to their suite of weather and finance apps. Yahoo shares are falling more than six percent. In a cornerbeen office. Have we given her enough time . You cannot blame her after 24 months, a month, im not sure what the right answer is. Despite the rise in the stock, i think that that is really about the success or the perceived success of ali baba. Sales are down nearly two percent on a yearoveryear basis but if you look back over the last few quarters, you see a very consistent falling of sales, of revenue. In spite of spending over the course of the 18 months over a billion dollars in acquisition to try to buy traffic. In spite of buying all that traffic, revenues continue to fall. What about ads, she has revamped all of these products. Why someone going to advertise as revenue rather than facebook . Some of them were not that bad. Some of the revenues are are falling. There are a number of ads, that pick up. That sp