In fiveyear notes and well be watching the price of gold today as well. The precious metal dropping 2 yesterday. That was the worst day in six weeks. You can see right now its trading at 1,264. 70 an ounce. Andrew, over to you. Thank you, becky. Welcome back. We have corporate news, tech news, talking about re code. General electric Ceo Jeff Immelt is in france, meeting with president hollande, also with the countrys economic minister to discuss ges bid for alstom. An official in hollandes office says ge has improved its offer for the french train and turbine maker. The comments could suggest a change. This could be a change for the first time for the french government which until now has been critical of ges bid. We will see where all of that heads. In other european news, this morning, the uks fraud office launched a formal criminal investigation into Glaxo Smithkline amid claims of foreign bribery. The Company Faces claims in china and four other countries. Weve talked about this be
Our roadmap this morning begins with the jobs number coming in just shy of expectations for march, january and february revised higher. Notably all of the march gains came from the private sector. The ipo parade continues today with no less than four offerings the most notable Online Food Delivery service grubhub, the ceos going to join us after it opens for trading. And exxon the Worlds Largest publicly traded oil company has agreed to disclose more information about the risks of fracking. Were going to tell you why. But first up, the numbers for the march jobs report nonfarm payrolls up 192,000 forecast called for a gain of about 200,000. January and february pay ros revised higher by a combined 37,000. Unemployment rate held steady at 6. 7. There was an increase in job seekers. Average Hourly Earnings fell by a cent. And then people looking at things, guys, like hours worked. Yes. Up 0. 2 hours which given all the talk for pentup demand for labor post winter doesnt seem like much of
Most successful at turning interesting content into sales . Would you believe it is amazon . We will tell you about the online read taylors up locked mr. Business blockbuster business. We learn more about just how much money youtube is bringing in. We begin with spotify, the company hoping a new partnership with led zeppelin but sits on a stairway to even greater success. At an event in new york this week the Company Announced a free service for smart phones and tablets meeting customers no longer need to pay to listen to content on mobile. The band thus far has avoided digital streaming. Our editor at large caught up with spotifys chief content officer. Heres how you described the new changes. The new Service Allows users to use with the device of their choice. A few years ago and we launched the service in europe it was a different world. There is a clear distinction there are no Computers Computers were on desks at the time. Now the majority of our users are using on a mobile device
Stream led zeppelin music. As we approach the end of the year, google shares are listed on the mostwatched video youtube. First, to the lead. It is an issue that is generating plenty of talk and tomorrow the fcc will take its first vote on whether to and in flight cell phone calls. If the vote passes, it would open up a period of public comment. The sec is taking the vote among stiffening opposition in congress to passengers yapping on their cell phones in flight. They have committee has already introduced a bill outlawing phone calls. Fcc chairman tom wheeler, says he doesnt want someone yapping next to him, but the industry should not have to hide behind an unnecessary technological role. Joining us now, nicholas thompson. Talk about the procedural issues here. What stands between getting this ban overturned and not . The fcc will take its vote tomorrow. They will take it to the next step. In the next up, they will have a yearlong review. There will be public comments. The rule says
Of annual visit on the state induction. Energy is front and center. Were in davos. And daniel juergen, together. And Michael Mckee, talk about ripping up the script. Argentina and the emerging markets are front and center for everyone in doubles. In terms of emerging markets, a lot going on. We will talk about that in a moment for it lets start with energy. It is 11 degrees in new york. Natural gas prices are heading for a fourth day high. The biggest weekly gain since 2012. Meteorologists predict temperatures will remain below normal through the end of the month. It will be cold when you get back. Not much else going on. We do have some earnings before the bell that will matter. Procter and gamble, xerox, and honeywell. Also, a look echo what might have been. We have to get straight to the data check grid the red is stunning. It is not just emerging currencies, but global stocks. A lot of concern about what is going on in china. S p 500 futures are down by almost 7 10 of one percent.