You are watching the pulse. Im guy johnson. This morning shell was the first Major Oil Producer to post earnings since crude prices fell by more than a half area that has happened over the last six months. Oil is down today with crude below 45 a barrel. Lets bring in mark barton. Mark, lets start with you. I think the line that i took away from the interview was, we enter this period with strength. We knew volatility would came back. We aimed to preserve flexibility. It goes back to what he did a year ago. He said, he wanted to make these hard choices on new projects 15 billion of assets over 2014 and 2015, and slow the investment growth. I just cut to the taste. They missed earnings estimates. They had a horrid quarter. Faltering production, escalating costs, trimming earnings to a fouryear low. I cut to the chase, you missed earnings. Why the gap . It was the sharply Lower Oil Price coming through in our upstream earnings. Our downstream earnings were pretty strong. If i look at the
Were going to talk about the hot pockets and the not so hot areas around the country and what it means for real estate in 2015. Well also have an update for you on that missing airasia plane and then a closer look at how its possible we dont know what happened to two passenger jetliners now in less than a year. It is hard to believe, isnt it . More than 2 Million People forking over 5. 99 plus tax along with their credit card number to stream the Motion Picture the interview over the weekend n. This era of cyberhacking, does it show many people dont worry about that issue when it comes to their own personal information being stolen . We are looking at that thats an angle to look at coming to Sony Pictures and the interview here. And an hour to go here kicking off the final week of the year and 2014. If you can believe it we have a headline. The dow over 18,000. The close above that level last week and today comfortably above that level and now the dow is green. The s p up by about 3 an
Bottles. A large pool of blood on the floor in the back where at least one of the men was shot. Their injuries are severe but both men, according to police are expected to survive. If youre not familiar its in East San Jose on alum rock. The lieutenant with the Police Department told us this started as an argument over what he wouldnt say. Grew into what he described as a pretty good melee involving several people. The suspect pulled out the gun, shot the other two men. As you can see in the video, officers did temporarily detain several people outside of the restaurant after the shooting in an attempt to short out who was involved. Investigators are conducting followup investigations. Were looking for additional witnesses. The bar had approximately 30 to 40 patrons inside. Again, some left prior to police arrival, which is usually the case. But again, were asking if anybody was here last night, please call the Police Department. Again, this one person in custody, the two men he shot a
Seven weeks ahead of the general election, we look at the politics at play. Mark welcome to countdown. Anna i am anna edwards. Manus i am manus cranny. A poll shows Business Leaders could live without netanyahu as Prime Minister. We go live to tel aviv. Anna 6 00 in london. Lets kick off with the price of oil. West texas intermediate fell. It is the lowest level in six years. The plunge comes after the International Aid agency says international output could strain storage capacity. Mark american production and stockpiles are at the highest level in three decades. The drilling rigs are at a record pace. We will keep an eye on the oil price throughout the morning. Manus the stocks are at a fiveyear high. Li has the National Peoples congress vowing to press ahead with Structural Reforms and support the economy. There are some really there was some really graphic language used. Talk us through what he said and meant. Yvonne eloquent statement yesterday. He talked about the message of the
I will continue to look through all of this but we are going to head over to betty liu and in the loop right now. Betty thank you so much for going through those numbers. We are 90 minutes or from the opening bell. We have a great show coming up for you. A rare moment when some republicans and the president are locked up on trade. Paul ryan joins us in just a few moments on authorizing fasttrack trade authority for the president. Comcast joins me today to talk about the big merger. By the pendulum has swung in the last 14 months. Rich greenfield says it is likely this deal is not going to go smooth. We will talk to him in just a few moments. The great divide. Just of cigarettes Joseph Stiglitz also joins us. His personal passion i studied for decades. U. S. Authorities are making big charges against smalltime traders in the u. K. They say they played a major role in the flash crash five years ago. Disappeared in a london court today. The hearing is going on. Prosecutors say he used an