Oil shock ripple effects. The impact of equities and currencies and a closer look at stocks that are keeping the dow from hitting 18,000. Is it time to turn on the taps and lift the u. S. Export ban on crude . Well talk to a top dog on Global Commerce. And a shocking reversal on two Insider Trading convictions. The ruling that could change the rules for wall street as the second hour of squawk box begins right now. Welcome back to squawk box on cnbc. Im joe kernen along with becky quick. Andrew ross sorkin is at the dealbook conference. Hell join us in the next hour and well hear from jack lew speaking at the conference. Among the other power players attending, gm ceo mary barra, actress and entrepreneur jessica alba, a. Mex ceo. Well bring you those interviewing throughout the day. Acquired a 5. 1 stake in staples. The hedge fund has also boosted its holdings in office depot. Its move to call for a merger of these two companies. Economic data on the calendar today will get claims. The
Has won states. He won and the south and iowa. He followed bill clinton into office. He can win the evangelical voters which are really important in iowa and South Carolina. Four people who are fresher faces going after the same voters, ted cruz and Mike Huckabee are very much a threat to take a wait the first early states take away the first early states. Host Mike Huckabee announcing today. We will show that announcement life on cspan at 11 00 a. M. He will make that announcement from hope, arkansas and rollout into a weeklong iowa and South Carolina trip. All of the candidates making their appearances in the early primary states. Talk about ben carson. Who does he take the most votes away from . Caller guest he is very popular with young voters. At cpac he was one of the more popular candidates. This is a big deal for the republicans, attracting younger voters. He is important for them. He is somebody who burst onto the scene two years ago at the Prayer Breakfast and really caught e
And i started there. I start i thought i would start by following up what senator hatch talked about, which is new technology that i understand has been adopted in europe. Is that true . Yes. And is it true that in great britain, they have seen a major decrease in these kind of breach as . They have seen a decrease a decrease. They have also seen a shift to the online channel. What is stopping our country when they are doing this in europe . I think they started using this kind of technology back in 2003. What has stopped it from being rolled out on a major basis, and how can we change that . You know, there are many participants in the payment card world that will ensure that transactions are processed appropriately in the u. S. We put devices in our stores to read chips. Cardtroduced a target visa with a chip in it, but without broad options there are not brought adoptions, there are not significant advantages for consumers. You mean other retailers . Others having the ability to rea
Was released publicly. Broad public notification, yes. Notified about the malware and spend the next few days containing, disabling and removing the malware. January 10, we started notifying the public and customers directly. To both companies have policies in place on how you would do this consumer notification . We have several crisis communication plans and we enacted them immediately upon finding the crisis. Know, senatoryou leahy has a bill on some of these notification issues. I think some of the issues senator feinstein raised are worth discussing. We also have to realize that smaller retailers will have different situations than bigger retailers. We recently found out that hotel chains are being affected by this and were going to have to put something in place. Senator hatchhy, has asked to make a small statement before i recognize you. Thank you, senator. Came up todayt starts out by saying that u. S. Intelligence agencies will ask the Obama Administration to check the Governm
Small businesses are also dealing with the impact of 2018s Supreme Court ruling, in this case south dakota versus wayfarer. In the wayfarer decision, the courts gave the greenlight to Small Businesses becoming Tax Collectors when they sell online. Collecting taxes for states even where businesses had no brickandmortar presence. Small businesses had never been responsible for this kind of tax collection before. Almost immediately after the ruling came out, state states across the country became began passing these laws. Speaking out alongside them were those in New Hampshire, montana, also states without sales tax. That is why montana senator has been a leader on this issue. But its not just the burden of states without sales taxes. Its a burden for Small Businesses everywhere. Let me repeat that. It is a burden for Small Businesses everywhere. Sales taxes in america are very complicated. 45 states and different localities have different tax rates, different tax definitions for taxable