The Armed Services chairman who is retiring. We are starting off on that note. Then his last big bill, the Defense Authorization bill is going to be the first matter up for consideration. , when we knewht senate,forward with the there has been an agreement struck about 3 00 today. Earlierittle bit depending on the level of cooperation. There is going to be a series of votes that will lead to the passage of the Defense Authorization bill. And itat has happened passes, the bill will go to president obama. That, then we are in the end of the year negotiations on time and how to compress time in order to get the rest of the work done. When it comes to the spending bill, what are the chances that its going to pass the senate . Will the senate be in on saturday to get this done . Guest thats the big deal. There will 00 votes, be a series of negotiations between all 100 senators behind the scenes. They will figure out whether or has to go through to process of filing cloture cut off the debat
The 17,000 mark, we should add. Pressure across the other indexes as well. The s p 500 up almost 10 points to 1,978 aramafteramaicing new this week. And remember, amazon is about 13 of the nasdaq 100. Lets get more on what was wrong with visa and its responsibility for a lot of the dows decline today. Heres Mary Thompson with that story. Mary . Hey, there, bill. Visa is off the lows of the session, but the Payments Processing giants stock is the biggest loser among the dow 30, this after the company lowered its revenue forecast for the full year. The strong dollar and decline in crossborder payments revenue, payments made in one country and used in another, behind the lowered outlook. The crossborder business impacted by unrest in the ukraine and rising political tensions with russia. Heres cfo Byron Pollitt on yesterdays Conference Call. We see no signs yet of any acceleration in economic recovery and crossborder volume growth remains soft in the midsingle digits. Visa earned betterth
A bit different thats because president Vladimir Putin is all but certain to secure imo their six year term when russians go to the polls a rally in moscow appear to show many endorsements youre terrible with tens of thousands of supporters cheering him on. That was according to official reports from the main media organizations the very ones which critics complain are firmly under his control but multiple reports from opposition Media Outlets indicated that many of the attendees from students to Civil Servants have been strong armed into showing up at the event the few journalists who remain critical of putin and his government fear of reprisals from the kremlin our reporter yuri were such oh spoke the two who refused to buy into the state propaganda and are paying a heavy price for it. Reporter powerful new coolant dared criticize the kremlins policies in syria now he risks his freedom video i open the door to Armed Police Officers and two Plainclothes Secret Service agents were stan
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