At 4 00 though sometimes go into extra innings but at least we got some sports, it happens to be in the form of a stock market had sports gamblers descend because they have Nothing Better to do, nothing else to do. Does that explain the action today when the dow gained 131 points and s p claimed nasdaq jumped but be careful, there were late day reversals or just investors pouring money into the same members of the new high list based on a winners win philosophy maybe driven by foreign buyers honestly, at this point it could be all three and the problem with these constituent sees is they make things more dangerous for the rest of us how do i know this i made it up no let me first, i did some first class work by my friend david, the master of research at goldman sachs. In his mustread u. S. Weekly kick start, he talks about how Foreign Investors with largest net buyers of u. S. Stocks in the First Quarter and notes that there is a surge in retail trading. Retail meaning like regular peo
Telling cnbc we may not need the type of tax cuts being proposed. We have those details coming up. And a major deal in the media space. Maybe youve heard about it. It brings together bbetter home gardens and people magazines, Meredith Buying Time Inc for nearly 2 billion. Will this pave the way for more deals especially in the media sector where theyve been trying to get them done we have that coming up in a little bit. First, our top story today, the cyber monday surge amazon shares hitting yet another alltime high today. Courtney reagan joins us from an Amazon Fulfillment Center in robbinsville, new jersey, with the very are you packaging anything and sending it off as well reporter no, no, im not allowed to touch anything, so i will not be touching anyones packages dont you worry about it amazons prime day, bill, actually still Reigns Supreme at least as far as we know for its biggest day on record. Last year on cyber monday, amazon shipped 64 million items worldwide. Thats what was
Depositors and some say the large out of country depositors give rise to heightened concerns about issues such as money laundering. And in other banking news last week you may recall we reported that the Biggest Bank Fraud in Indian History was taking place at roughly one point eight billion dollar highs of the pun job National Bank or p n b well as an update Indian Federal Police have arrested five Bank Employees and have closed down the mom by branch that appears to have laundered the money but the case gets even more interesting as it surrounds a purported crook one of indias richest people known for his lavish lifestyle jeweler nearby modi unrelated to Prime Minister modi although the last known photograph of the alleged criminal was ironically taken with the Prime Minister in davos switzerland at the World Economic forum. The fraud appears to have gone on for nearly seven years and involved modi and his uncle in a scheme that issued fraudulent guarantee letters of credit which the
Delta airlines finds itself stuck between the nra and millions of dollars. Gerri willis on how one Political Party is trying to punish an airline for picking a side in the Hashtag Boycott the nra battle. And the chief mechanic at Advance Auto Parts says hes got to retool. Ceo and president tom greco is here to tell us why the gop tax plan is actually revving up his companys turn around. Hes here. Plus, actress Heather Graham using hollywoods half magic to break down sexual barriers in tinseltown, writing, directing and starring in a movie she couldnt get the establishment in hollywood to buy into. Heather graham on how she turned into a businesswoman and fought the establishment. She joins us on set. Were less than an hour to the closing bell, lets start the countdown. Liz we want to quickly, at the top of the show right now, take a look at gun stocks. They are moving lower by more than 5 , at least two of them here after Sarah Sanders said the white house will have specific policy ann
Europe and north america are the highest they have been in the eleven thousand years which is leading to rising sea levels and greater frequency of storms like we witnessed this past Hurricane Season the assessment involved hundreds of scientists in the government and universities professor Katharine Hayhoe of texas Test University told the Financial Times that quote weve been smoking fossil fuels for hundreds of years the report is an x. Ray of our lungs we are in a very serious condition its all a bit more and that by the way at the end before we go a. Lot via a small country of two Million People its been a big Banking Center and theyve since theyve become independent from the former soviet union in one nine hundred ninety one but some recent news has tarnished a previously stellar reputation Central Bank Governor bill maher is rib civics has been accused of slow. Sitting a bribe and the nations Third Largest bank a b. L. V. Is facing sanctions from the United States for Money Laund