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Germany to spend spend spend. On robots in berlin welcome to d. W. Business the u. S. Federal reserve has cut Interest Rates for the 3rd time this year the central bank lowered the benchmark rate by a quarter of a percent to a range between 1. 5 and 1. 75 percent chairman Jerome Powell has been under pressure from President Trump to cut rates to 0 or even lower the fed told investors it would pause to reassess the economy before making further cuts well in his press conference after the announcement powell explained the thinking behind the decision we took this step to help keep the u. S. Economy strong in the face of Global Developments and to provide some insurance against ongoing risks Business Investm ....
Gilead. We will have the instant analysis. We are 26 hours away from the start of the cnbcs coverage of the gop president ial debate. Steve forbes and todd butch holds are here to tell what you say they want to hear from the candidates and predict who they think will come out on stop. We begin with ibm under investigation by the sec they have dis pleased. Bob pisani has the latest as the shares are falling. Well, obviously investors are taking this a little ease seriously. Ibm down 3. 6 . It dropped 2 on this news and their investigation on revenue recognition issues at the sec, ibm says they are cooperating with them. They are investigating how they account for certain revenues that they get from transactions in the u. S. , in the u. K. And irela ireland. You would think does that sound that serious . I think the issue here is that revenue recognition is sort in the Software Services particularly is sort of the heart of their ....
On it i dont think the alliance is something which becomes valuable just because parties are tied together by a contract or are set up as a Holding Company in the country will reserve customisations it should be something which stands on a principle of Mutual Respect of our independence. Were going to do finance through that we build a win win relationship and maximize the effect of synergy we mean because she has you will take us to site how will meet his counterpart at renault. Later this week in japan for only their second meeting the french carmaker owns a forty three percent stake in nissan compared to nissans fifteen percent stake in renault goans arrest came amid reports that he was trying to turn the alliance into a merger it was you apologized again for the scandal on tuesday it will continue to dominate headlines and bottom lines nissan says it may still okon his c ....