The changing of the guard alibaba. The company having its best day since the company went public but will new blood help turn the stock around for the long term. Well ask that question. New developments you just heard in mcdonalds plan to turn itself around. Yes, kale is part of the idea. The new ham burglar. Even james franco has been weighing in on the role mcdonalds played in his early career in life. Cant wait to learn more about that. We are watching the markets though with just an hour going into the close. Stocks are near session highs. They opened in negative territory this morning despite the fact that jobless claims came in near a 15year low. You are looking at the dow up by 109 points. S p up by 10 points. Good for. 5 prp the . Interest rates and the european moves have been a big story. Oil down hard today, pushing transports higher. Lets get to our Closing Bell Exchange today. David kudlow from Mainstay Capital Management back with us, cnbc contributor Heather Hughes from
Gerri well, our top story tonight, a salmonella outbreak raising alarms about how safe are food is. The cdc blaming the government shut down for the slow response to link foster farms to the outbreak and is bringing for letting employees back to work. The company has a history of prior illnesses and was flanked as recently as last february causing at least 124 people to get sick. And while the usda is threatening to shut down three foster farms chicken plants, is enough being done . With more on this, executive director at the National Consumers league. Thank you for coming. This is one of those critical stories. The safety of the food supply. I want to work through a take talk of what has happened. This sure is not the first time weve been through this. All the way back in january 2010 Consumer Reports found 80 percent of the chicken they sampled had tested positive for salmonella. In may 2012, i recall of mislabeled turkey burgers. In februaryy2013, at least 124 people in 12 states g
Gerri well, our top story tonight, a salmonella outbreak raising alarms about how se are food is. The cdc blaming the government shut down for the slow response to link foster farms to the outbreak and is bringing for letting employees back to work. The company has a history of prior illnesses and was flanked as recently as last february causing at least 124 people to get sick. And while the usda is threatening to shut down three foster farms chicken plants, is enough being done . With more on this, executive director at the National Consumers league. Thank you for coming. Thiss one of those critical stories. The safety of the food supply. I want to work through a take talk of what has happened. This sure is not the first time weve been through this l the way back in january 2010 Consumer Reports found 80 pcent of thchicken they sampd h tested positive for lmonella. In may 2012, i recall of mislabeled turkey burgers. In februaryy2013, at least 124 people in 12 states get sick by raw po
Dow s p. And nasdaq reached its highest level for 2014. Gold pushed upward. As Oil Continues to trade above 100 dollars per barrel. Banks get the okay to inhale pot money. Regulators made it possible for banks to do business with licenses marijuna companies. And autoworkers at a volkswagen plant in Chattanooga Tennesee voted to become a union shop. Its huge plus for uaw. Its the first the union organize worker at foreign plant. And autoworkers at volkswagen plant in chattanooga tennessee voted to reject a union. It would have been the first time the uaw organized workers at a foreign plant. Scott bauer of trading advantage joins us now for some trader talk on this Tuesday Morning. Good morning to you. Hi there angie. What are you watching for this week . Will you be watching the commodities space . Last week we saw the heavy volume was really in the commodities space. And actually lots of volatility especially in natural gas and oil and gold. We saw gold top1300 for the first time in q
That is a big deal for the bank of england to say that. It is in the mix today. Central banks in both norway and thailand expected to keep their rates steady this year. In the u. S. , 7 00 we have the Weekly Mortgage applications data. A 30, the current account balance. The big one at 2 00, the fomc Rate Decision. Everyone is talking about this one. Make sure you tune in to Bloomberg Television at 2 00 for our special coverage of the fomc Rate Decision and Janet Yellens News Conference which will be at 2 30. This is special coverage today. I will be there. It see what they will do or not do. And the dot pot forecast. I am bored by that. You are bored . We had fun with it yesterday. Like this dot chart . This, thert like rest of them are down here. They move around. Where is janet yellen . You dont know which dot is which and you dont know when they move. Earnings, believe it or not, Federal Express is today at 7 30. After the bell, red hat. Mary barra facing lawmakers yet again in wash