Agony of those who make raw products wins out causing the dow to plunge 268 points. Nasdaq nosedive 1. 73 , worst day in ages. Its a good news, bad news game. Today the negatives won out. First, though, because im kind of optimism fella. Some are obvious. When we pump our gas, most of us are in disbelief how cheap it is. I cant tell you how many times i put out 60, 50 will do. I get a good spot when that comes back to me, but there are big losers on the other side, too. We dont see them. From the longest losers are countries considered hostile to our interest or produce terrorists that charged our world in horrible and heinous ways, members of opec. These days gasoline may come from oil produced in the united states, refined in the united states. This time the losers, some are closer to home and borrowed a ton of money to keep drilling, money that cant be paid back if prices stay as low as they are. 61 a barrel, it will go lower, because there is no discipline to production. There is g
To be found in some of the bluest of the blue chips. Like it or not, facebook turns ten. But what does the site that redefined our online lives have planned for the next decade . We have all that and more tonight on nightly Business Report for tuesday, february 4th. Good evening, everyone. Tyler is off tonight. We begin with a historic change at microsoft today. The legendary Software Giant named a new chief executive. As we told you last week, hes Satya Nadella. Now its official. The new man in charge is an engineer, a microsoft insider, and a native of india. And hes only the third ceo in the companys 40year history. Stepping into a job held first by cofounder bill gates and later steve ballmer. Both gates and ballmer will continue to serve on the microsoft board, and gates will become a Technology Adviser to nadella. But the critical question now, does all that shuffling chairs really mean a new chapter of innovation for microsoft or business as usual for the same old company . Josh
To be found in some of the bluest of the blue chips. Like it or not, facebook turns ten. But what does the site that redefined our online lives have planned for the next decade . We have all that and more tonight on nightly Business Report for sstuesday, february 4th. Good evening, everyone. Tyler is off tonight. We begin with a historic change at microsoft today. The legendary Software Giant named a new chief executive. As we told you last week, hes Satya Nadella. Now its official. The new man in charge is an engineer, a microsoft insider, and a native of india. And hes only the third ceo in the companys 40year history. Stepping into a job held first by cofounder bill gates and later steve ballmer. Both gates and ballmer will continue to serve on the microsoft board, and gates will become a Technology Adviser to nadella. But the critical question now, does all that shuffling chairs really mean a new chapter of innovation for microsoft or business as usual for the same old company . Jo
Bluest of the blue chips. Like it or not, facebook turns ten. But what does the site that redefined our online lives have planned for the next decade . We have all that and more tonight on nightly Business Report for tuesday, february 4th. Good evening, everyone. Tyler is off tonight. We begin with a historic change at microsoft today. The legendary Software Giant named a new chief executive. As we told you last week, hes Satya Nadella. Now its official. The new man in charge is an engineer, a microsoft insider, and a native of india. And hes only the third ceo in the companys 40year history. Stepping into a job held first by cofounder bill gates and later steve ballmer. Both gates and ballmer will continue to serve on the microsoft board, and gates will become a Technology Adviser to nadella. But the critical question now, does all that shuffling chairs really mean a new chapter of innovation for microsoft or business as usual for the same old company . Josh lipton reports. Reporter w
After five months of fighting. Apple is going to toughen up security after the hack of celebrity photos earlier this week. Iphone and ipad users will get email alerts if anybody tries to change the password or login from a new device. That ruling in the gulf of mexico oil change may wipe out years of rockets at bp. A federal of profits at bp. A federal judge ruled that bp was grossly negligent when it comes to the oil disaster. They may face another 18 billion in fines and penalties. After the all important jobs report. Wall street anticipating that a strong report. How strong does it need to be to keep the bond market the bond rally going . Fed will note the change its policy anytime soon, even after weve seen betterthanforecast economic numbers of late. Economics editor mike mckee has our preview of jobs. Its amazing that, after numbers weve seen, we are still sitting here with a 2. 45 10year rate. That cannot last. Start with car sales. The highest since june, 2005. You need to buil