up nearly 16%. a look at electronics retailer best buy, today pulling back some, they worked very hard to remain competitive working on an intense turnaround plan and a matching program to entice shoppers to stop windowshopping at best buy and shopping over the internet on amazon and walmart. in the near term that would cut into their profits trying to do that. down 1.5% for best buy. melissa: the weaker than expected read has the bulls betting on the fed stimulus. in the pits of the cme. it is pretty interesting a weak economic read on manufacturing would be bullish for crude. i know, it is crazy. bad manufacturing news out of china was actually bearish. the mantra behind this is the economy is doing better than everybody else but after that number, but will not be tapering off anytime soon. you can see it very clearly with the yen-$ relationship, going over $1 for the first time in four weeks. the other concern is a tropical disturbance down in the gulf of mexico. the nat
andrew? thank you, becky. that s a heck of a show. it is. got a lot of big names, so this should be fun. let s talk about the headlines this morning. cyprus is working on capital control measures today to prevent a run on the banks. banks there, they are due to reopen tomorrow. cypriots, though, have taken to the streets to protest the bailout deal with international lenders, and our own michelle caruso-cabrera remains in cyprus today. she ll join us with a live report in just a couple minutes. in u.s. corporate news, pay attention to boeing. boeing could face a new challenge as it tries to get the dreamliner back in the air. experts now say that the faa may shorten the permitted flying time of the aircraft on certain routes when it approves a revamped battery system. here s the problem, this could be a blow to boeing and its customers because the dreamliner was designed as a fuel-saving jet aimed at lowering costs on long-distance transocean journeys. of course, if
he s tried to be bipartisan, but this group is rigid, immature. rich mcconnell wanted to beat the president. now, the president can t be beaten. they came to washington to change washington, but their main concern is reelection and they don t want anybody saying you raised taxes or you tax anybody, even the uber rich. but congressman, i want to be clear here because people listed plan b and may not understand. we re talking about them protecting the rich and cutting food stamps, cutting medicaid, cutting medicare. i mean, hurting middle class people, hurting poor people. and they act like this is some badge of honor? well, al, you know, the sad thing is their main concern was defense. and while it s important we pay our soldiers and take care of our veterans, there s a lot of defense equipment that is
republicans to hold the economy hostage just because they want to protect the rich. this is a question of fairness. and we must continue to fight for it. joining me now is congressman steve coen, democrat from tennessee and former pennsylvania governor, ed rendell. thanks to both of you for being here tonight. good evening, rev. nice to be with you. congressman, let me start with you. the president said nobody can get a hundred percent of what they want. but you ve seen the right wing republicans in the house. they don t seem to get that. no, they don t. they re an immature group, politically. many of them were new to politics in 2010 and they came with the idea of no revenues and no taxes at all. and they you think you can see what the president has had to deal with for the last two years, people have questioned the president and his working across bipartisan ways.
i.d. but not a student i.d., you know this thing is being designed with partisan implications. our job is to make sure that we put some light on it. hopefully we will be able to pass legislation to prevent this from going on. hopefully some people will be embarrassed because there seems have been exposed. let me ask, you have done the order registration in the past and you re doing them under these laws. how many fewer people do you think your drives will be able to register as a result of the schemes? is it on? at this point, i could not give you a solid number but i can say that we had a high school project we have been proud of over the last election. one of the problems we were encountering in registering high school students was the problem of these kids not having photo id in the states in which was required. i will also mention in the past, it would be registered. that is right. now with all this paperwork the only person in this room that has had to pres