Store sales were better than forecast. 1. 1 on the s p and 1. 3 on the dow jones and 1. 6 on nasdaq. Street smart starts now. Welcome to the most important hour of the session. We are 59 minutes away from the closing bell and a big selloff on the way. We will talk about all this, a lot of concern on the International Front regarding china and its economy. We will get into that momentarily. Coming up, targets biggest hack in history as bloomberg does this week investigates and finds it all could have been avoided. We will talk to a white house chief Information Officer about the breach. Jetblue is selling the technology to put on the map. The Airline Financial officers coming up. There is a lot to pick from today. Big declines the market with Technology Leading declines. Take a look at facebook. This is emblematic of what is going on. Rolling outfinally with its video ads, its 15 second video ads it has introduced, and yet the shares are down along with the market. Despite what is seemi
We will be talking about that a little bit later. Salesforce has named colin powell to the jurors. He will be joining the salesforce as the company tried customers. E he has been involved for a number of years, helping to create the companies chart about foundation. Huber and lift our expanding Insurance Coverage for their drivers. Even if they do not have a customer in the car. The issue became a flashpoint andr an uber driver struck killed a sixyearold girl on new years eve while waiting for a fear. Lyft announced a similar program. Bank hasentral temporarily suspended the use of Smartphone Payment using qr codes. They say this is to protect consumers while the government comes up with regulations. This is a blow to Companies Like ali baba that have been moving aggressively to provide Financial Products to users. To our lead story of the day. Ali baba per pairing to foul for an ipo as soon as april in the United States. Of this is a big one that the banks are waiting for, the lawyers
European union. I have spoken with seven of the Foreign Ministers myself this morning. What is clear is that there is not the appetite to imposing economic sanctions or to target any of russias Business Leaders in that list. That is something that many people have speculated on going into this meeting. They are not there yet. The goal of the sanctions is to discourage president Vladimir Putin from annexing crimea but that crimean set voted to join russia but russia does not need to follow through with that. Should president putin decide to annex crimea, we could see the European Union ratchet up the sanctions. The west has given russia its warning and putin will respond and we will speak to russian lawmakers tomorrow. If you listen to the rhetoric coming out of moscow, it is hard to imagine that he will do anything other than to annex crimea. I would point out that it could be a long process or it could be as long as the kremlin wants to. Perhaps that will be a point of negotiation. Fo
Difficulties. We are kicking it off with what everyone is talking about, grimy crimea voting to separate from ukraine. According to elections officials, they voted yesterday, paving the way for annexation by russia. Despite the ukraine leaders calling the vote a legal officials said it fully met international norms. On the other side, ukraines acting foreign minister spoke exclusively about the motives behind this referendum. It is a part of a bigger scenario to make chaos, not only in crimea, but in the eastern ukraine. And it might be part of a bigger plan to connect russia through the ukraine mainland. Meanwhile, the e. U. Announcing sanctions against russia this morning. European finance meters were in brussels at a meeting. What they have not done, and this is interesting, if they have not announced any economic sanctions. There is no unanimity or appetite for economic sanctions against russia. Nor have they targeted any business leaders. There was talk in the lead up to todays ac
And in pixar movies, a canceled tv series hits the big screen with some technical difficulties. We are kicking it off with what everyone is talking about, grimy of to separate from ukraine. Ording to the elections crimea voting to separate from ukraine. According to elections officials, they voted yesterday, paving the way for annexation by russia. Despite the ukraine leaders calling the vote in a legal officials said it fully met international norms. On the other side, ukraines acting foreign minister spoke exclusively about the motives behind this referendum. It is a part of a bigger chaos, not only in crimea, but in the use turn ukraine the eastern ukraine. And it might be part of a bigger throughconnect russia the ukraine mainland. Meanwhile, the u. N. Announcing sanctions against russia this morning. European finance meters were in brussels at a meeting. What they have not done, and this is interesting, if they have not announced any economic sanctions. There is no unanimity or ap