He was one of six people who underwent the shale revolution. He was one of the founding voices. He lobbied and washington, breaking away from the oil lobby. Scarlet chronicle for us his rise and fall. Man, acquiringd the rights to drill on a property and tries to sell them for a profit. With is to pay chesapeake, he amassed 15 million acres. 13, it wasces were a great plan. Under have now fallen to two dollars. Alix charif souki new Aubrey Mcclendon personally, and aubrey of the peopleone who convinced him to go into the natural gas business. He was a good friend. Like me, he had a high tolerance for risk. We did many things that were complementary for years. He was one of the first people who gave me the idea of exporting liquid natural gas from the United States. Scarlet i know you were talking with the Oklahoma State police captain. Do we have more insight on what happened . Driving, car was veered off the road, and crash. I was interested to see if there were skidmarks on the road.
Harvard Business School is here. Nejra cehic joins us now. Republicans and democrats are condemning Donald Trumps call for a ban on muslims entering the u. S. Trump wrote a Statement Last night at a rally in south carolina. Donald j trump is calling for a total and complete shutdown of muslims entering the United States until our countries representatives can figure out what the hell is going on. Jeb bush called trump unhinged. Chris christie said this is the say whenhing people they have no idea what theyre talking about. Beijing haven raised in air pollution alert to the highest level. The smog is seven times the level considered dangerous to health. Beijing has suspended schools and banned outdoor barbecue. Oscar pistorius is now free on bail. Under housein arrest while appealing his murder conviction for killing his girlfriend. South Africas Supreme Court of appeal overturned his lesser sentence of manslaughter and convicted him of murder. You can get more on these and other breaki
Major averages around half a percent. Take a look at my bloomberg terminal to see how the sectors are shaking out here. Materials are also declining. Telecommunication stocks now the only Group Trading higher. It has now come off as well. On the commodity complex, not just oil but some of the other commodities. Heres the percentage change on the date. Higher by 8 on the outlook for Colder Weather, but if you go down the line you see a lot of credit, whether it is metal. We see a lot of declines in that commodity complex. Got got asil high a 23828. That puts a next of pressure on stocks. Unusual december. Looks like we are setting up for the first december since 2002. We also had backtoback december declines. Usually people do their end of year portfolio shifting and intend to have stocks go higher. Take a look at my terminal. Energy stocks versus the s p 500. Here is the here is the energy index. The s p 500 is now in the red after today. Only a few days left to see how we end of the y
Yahoo is now reconsidering a sale of its main business, rather than a spinoff. Its main web business, that is. We will be getting more details im sure throughout the hour with this scoop again by our reporting team. You can see shares spiking by more than 3 . Broadening out to the major averages today, weve seen quite a bit of bouncing around right now. All three major averages are very little changed, even after that jobs report. Somethings counterbalancing include continued worries over whats going on in china and volatility in the markets there. If you look at the s p, speaking of volatility, over the course of the session theres been quite a lot of bouncing around. The s p get a little more decidedly negative in midmorning before recovering. Just been bumping along a little changed for the rest of the day. Some of the winners during the session include some of the natural gas related stocks, were seeing natural gas higher today. Consol energys, viacom also participating in buying i
Degrees cooler. Mostly clear skies but thats about to change. Already seeing showers moving into the allentown area. Dry in philadelphia. Mostly clear. Thats the view across the delaware. Rain showers to the north and west. Upper montgomery county. See, its very light rain showers moving through pottstown. In reading a few rain drops as well. Nothing heavy, not yet. That can happen this afternoon with thunderstorms but its going to be a mainly dry morning. 49 degrees at 6 00. Near 60 at 9 00. The temperatures keep on warming thanks to southwesterly winds. Theyll be up to 20 miles an hour at noontime. Then a chance of storms going through it hour by hour with the future weather when im back in ten minutes. Right now lets check in with first alert traffic reporter Jessica Boyington. Jesse, how is it doing . Good bill. Its just 4 00 a. M. Roadways are quiet. Just a random construction project. Heres one on 95 around cottman avenue. Not even compromising the exit. Not a lot of volume past