Hour the hearing is still going on behind me, but already there have been several fiery moments, including some from senator sherrod brown, the ranking democrat on the committee. In his opening statement, he compared facebook to a toddler playing with matches and said that it would be delusional for anyone to trust facebook with their finances, when the company has already broken so many promises on privacy. He then tried to get david marcus, a facebook executive whos testifying to make his own promise, and that is to receive his salary in libra. Senator, if your question is whether i would trust all of my assets in libra, the answer is yes. Do you trust this enough to make your compensation paid fully in your currency senator, i would, because it is backed one for one with a reserve. You could have said yes at the beginning of the question, then senator, with respect, i wanted to clarify that were not trying to compete with Bank Deposits he has said that statement repeatedly, that fac
Look at the green arrows back this morning, even though the government could potentially be shut down. S p futures up by 4. 5. The nasdaq up by 19. Well talk more about that potential Government Shutdown in a bit. Overnight in asia, the nikkei higher. Up 0. 2 . Hang seng up by 0. 4. So was the shanghai in china in europe, at least right now green arrows across the board. Biggest gainer of the major averages is the dax, which is up by almost 0. 9 percent. The tenyear yield hitting 2. 64 yesterday. Thats the highest level since september of 2014. Again, concerns about the Government Shutdown really pushing things well see what happens to the tenyear when and if a budget deal is found. Right now it looks like its setting in at 2. 63 . Some big headlines this morning. Ibm returning to Revenue Growth for the first time in five years. Shares are down. Theres weaker than expected guidance overshadowing that news the company beating on the top and bottom lines but took a charge of 5. 5 billion
3 3 we start this morning with a cruise ship. Lawmakers want an investigation into Royal Caribbean after one of its ships sailed right into the path of a dangerous storm over the weekend. The luxury cruise liner. Along with thousands of passengers on board. Came back to its home port in bayonne new jersey wednesday night after the nightmare trip. C b s news correspondent don champion is there. 3 pkg nat man kisses the ground after a nightmare at sea. Passengers of the anthem of the seas cruise ship are back on solid ground. Sharing tales of a dream caribbean vacation gone wrong sot david link passenger the wind was coming through the doors. We thought it would break the glass. We slept on the sofa because we didnt think we were going to make it sot nat of cell phone video of waves the 200 thousand ton liner set sail for the bahamas last weekend but got caught in a major winter storm in the atlantic. The vessel was battered by 30 winds. sot dennis maher passenger i was on deck eight, an
Be armed in roanoke county. Suspected of being the driver of a car that was chased by night. Flipped and caught on fire. The county says the vehicle was coming from Franklin County on route 220 when it hit another vehicle near webb road. Four people were stay with wdbj7, and wdbj7dotcom for any updates. Judge will now decide instead of a jury. Opening arguments begin today and lawyers are prepared to call 23 witnesses to testify in the case. A judge agreed to change the trial location because about 60 percent of the potential jurors interviewed monday and tuesday knew about the case. But late tuesday night the judge and lawyers agreed to have a bench trial instead of a jury trial. A lawyer not asssociated with this case says that decision may now benefit ashley white. Richard chidester giles county attorney you may certainly get the same outcome but the judge is certainly more likely to be not caught up in the emotion and the nature for a jury not familiar with the law to preceive cert
Kelsey bulger, objected six times to pictures submitted of home. They showed the bedrooms, and messy. The judge overruled that objection. White is back in shackles today and is wearing a black and white jail uniform. She has cried during many of the details described in court. The case is continuing inside and well have updates throughout the afternoon on wdbj7. Com. Live in pulaski, justin ward, wdbj7 lynchburgs mayor is leaving the elected office hes held for 12 years. Mike gillette has announced he will not run for reelection to city council in may. Gillette is an independant and represents ward one on city council. He was first elected in 2004 and foster as mayor in 2012. Gillette says hes putting a term limit doesnt want to be a career politician on advance auto is out with its Fourth Quarter earnings report. The auto parts giant reported sales of just over two billion months of 2015. Thats a twopoint six percent decrease from the same time period in 2014. President and interim ce