First, this deal will have no impact in the u. S. Business and, therefore, no impact on the amount of supplies procured today. In hops we purchased 8 of the hops in the u. S. We manufactured some but in the open market we purchased 12 of the cans available in the marketplace. We placed 25 of the barley available in the marketplace and all those figures will remain the same pre and post transaction. Bottles, we purchased 27 of whats out there. So thats all those numbers will remain the same and no impact because this transaction is about the rest of the world. Thanks, mr. Chairman. Thank you and Ranking Member klobuchar for having this hearing on a very profoundly important topic. I want to thank our witnesses for being here today, all of you with diverse and different viewpoints. Mr. Brito, thank you for making the trip from connecticut today. We welcome you and thank you for your involvement in our community in connecticut. And i want to say that im a nondrinker, so i have to disclose
To fall. Interestingly, not putting much downward pressure on the stock market. Also, Commodity Futures Trading Commission head timothy mass 5 2k joins us after announcing the settlement with the banks. There are some smoking gun chat room messages you have to see on this story which has some wondering why the penalties announced were not greater. Well get into that and more with Timothy Massad coming up momentarily. Two earnings are out in an hour. Cisco and jcpenney. Well bring you the numbers that could move both stocks and overall market, second they hit the tape and the best analysis on the street that all starts right after the closing bell. At t is halting buildout of fiber optics in about 100 cities in what so far is the most apparent Chilling Effect of the president s call this week to clamp down and regulate the internet. This as reports say that the fcc chair may defy the president s call for Net Neutrality citing the agencys independence. This story is a lot of moving parts
To use a private email and said yesterday she broke no laws. The email she has turned over after screened for Sensitive Information. The upper hand against Islamic State history mrs. They captured account a town and militia men are now gearing up to retake it itself. The cia reportedly played a key role helping the Justice Department is part of our lives between cia and domestic lawenforcement. It uses an airborne device that could locate specific cell phones. The dollar hit a 12 year high against the euro. Up 22 against the currency here that will eventually make things cheaper. A factor in yesterdays steep decline in the u. S. Stock market. And a billionaire investor has work for the fed. Jeff predicts the central bank will have to reverse course if it raises Interest Rates this year. The cofounder says the Federal Reserve is intense on being a blockade and is worried the fed will repeat mistakes. In pro football, one of the biggest checks is going to a defensive back who is leaving
The latest legal battle between amppple and samsung begs today. A federal jury awarded apple about 1 billion earlier this year, but the judge tossed out 400 million in damages and ordered a new jury to recalculate damages for 13 samsung products that have been found to be infringing apples patent. In other technology news, the wall street journal reports that googles motorola unit is expected to unveil a low cost phone tomorrow. The announcement is said to come amid weak sales. Right now, lets get to the latest from typhoon haiyan. Sri joins us this morning from manila. We know the situation is dire. We wonder if theres any better insight that you can give us right now. Well, what i can tell you is that the relief operation is continuing. Its under way. But the distribution of goods and essential services, essential relief supplies, food, water and medical equipment is painfully and agonizingly slow. And thats leading to a lot of frustration, anxiety, and anger on the ground among the
This committee and others in front of the men and women that they command, in front of the American People to express the grave concerns they have about sequestration and what it could do to our military, our military readiness and everything we do through our military. I heard members of congress on both sides of the aisle and on both ends of the capitol express grave concerns about the impacts of sequestration, about what could happen. Ive heard my own constituents, people from throughout utah, many whom are currently serving or have served in the military express similar concerns. Its an interesting conversation. Its sad we have to be having this conversation since sequestration was something put into law at a time when nobody believed it would ever happen. It was supposed to be so bad that we would do anything and Everything Possible in order to avoid it, yet it has arrived. My first question, which ill leave open to any of you who might want to answer it, id like to know a little