The United States calling for the Immediate Release of jason resigh i dont know, who is facing up to 20 years in an iranian prison after being convicted on espionage charges. The state Department Says it has not seen an official confirmation, but is calling on iran to drop the charges and release jason immediately. Lisa stark has more reaction from washington. Reporter tony some of jasons supporters say they have been bracing for an outcome like this, given his lengthy detention and the trial which was held in secret. Jasons conviction was announced by Iranian State television, which said simply there had been a verdict and that an appeal was possible. Jason, an iron american journal list in the tehran journalist for the Washington Post, has cased a secret trial for espionage and other crimes. His brother calls the trial quote at the Washington Post, Foreign Editor called the conviction appalling and outrageous. This comes after 15 months of detention, months without access to a lawyer
For hours and thats the first time ive looked at him. Your hair looks good. Erik lets look at the headlines and manufacturing. Scarlett an increase of 2. 1 , and the consensus was 2 , so slightly better than economists were looking for. I believe this was the first increase since last july as well. This was the month of march. What is interesting here is that the previous rate of a gain of 0. 2 has been revised to a drop of 0. 1 . February was weaker than anticipated and march numbers were slightly higher than economists are looking for. If you back out transportation orders, factory orders were unchanged, 0 . Whereas for the february numbers, it was revised down from 0. 8 to 0. 1 . The Financial Markets are coming off of their highs, still a by 0. 1 . It is hard to say if that came out right after factory numbers of coming out. If i look at the dollar right now, the u. S. Dollar index slightly higher here, 9537. We have seen manufacturing numbers softening for the past few months now,
Smart thermostats and Smoke Detectors. Devices from dead bolts to toasters will form a housewide network which leaves us to the Alexander Hague question works will be in charge . It might well be shane dyer, ceo of arrayent networks, already signed on big brands like matel, whirlpool and lift master, maker of garage door openers, joined by martin giles of the economist and liz gaines of re code. What is my garage opener going to tell my dishwasher . What will the two talk about . To start out with youre probably going to buy these one product at a time. Of that whole idea that were going to wake up on saturday morning with this home automation problem just doesnt happen. So i think this product plus app when these things Start Talking together its going to be kind of accidental as we start buying one product after a time. As soon as you have four applications on your phone youre opening every time you have to leave the house or enter the house, youre going to want them to come back tog
Markets and see how your money is behaving itself. David . Good morning to you. It is another quiet day across the region so far. Volumes are quite light compared to what we are used to seeing this type of the day. Markets about the only as you can see from the map. Sharp movement, up 1 a. It might erase some of the games that we saw against the u. S. Dollar. U. S. Markets are shot overnight for Martin Luther king day so we dont have the usual gauge of direction this morning and we dont have big pieces of eco data coming up. With the exception of new zealand in inflation which came in this morning. 1. 6 . When thewatching for Chinese Markets open. It should be the big story of the date considering at the money market rate spiking pboc sayingd the they will step in with the funding. The economy needs us as we will chose closer to chinese new year. If you see red, it means the currency is weakening. The dollaryen is reversing three days of gains against the u. S. Dollar. Is 8821 u. S. Ll
3,765. And Standard Poors staying above 1700, down about 8 points. Im coming to you from oracle world conference in san francisco. Well bring you an exclusive interview with president mark hurd coming up next. But the s p 500 and dow on a threeday losing streak. Lets get to bob pisani. Its the worst kind of week. I hate it when washington dictates the agenda for the stock market because invariably nothing good happens. Thats kind of what happened today. Nothing very good happened. Take a look at key headline. Maria hit it on the head. The important thing is, we have a lack of leadership from the fed. We heard from some important people today. Mr. Dudley, mr. Fisher, they essentially said opposite things. Key players, ms. Yellen and ben bernanke on sidelines. Janet yellen canceling an important speech in new york city. Big reason . Theyre considering her for head of federal reserve. The clean living bill going to pass the senate and house . We dont know. Its creating uncertainty. Look a