countries have been nudging prices higher by slowing down production. this iran news comes on top of that. global stocks higher overnight driven by the higher energy stocks. wall street closed higher. exxon and chevron. the sector rose 2%. the u.s. wants to get drones into the sky. transportation department says drones are the future. they plan to test in these cities in north dakota and oklahoma and california. this will fly overnight and with the view of the operator to deliver food and medicine and inspect infrastructure and in florida, survey the mosquitoes population. it will allow drones in u.s. air space. drones could create $82 billion in economic benefits and maybe 100,000 jobs. sears is getting help from the rival amazon. sears will install the tires you purchase on amazon.
president will grant clemency to two hand-picked turkeys named drumstick and wishbone. this white house video shows the free birds arriving in the nation s capital monday. they spent the night in a suite at a luxury washington, d.c., hotel, relaxing before their big day. a little spa time, a little big bird background. both share a june birthday. drumstick has a slight height and weight advantage. after the ceremony, they will join last year s turkeys, tater and tot at virginia tech s gobbler rest exhibit. all right, let s get a check on cnn moneystream this morning. global stocks mixed today after wall street closed higher. u.s. stocks rose, thanks to a bounce in telecom and tech stocks. biggest question still for investors, tax reform. wall street is waiting for more details. it s a short trading week, though. markets are closed for thanksgiving. we ll watch trading volume opening the door for wild swings. it s official, federal reserve chair janet yellen will leave the centr
with the president, sending the s&p 500 and dow to new records. global stocks also higher. the sector fell last week over concerns some companies may be overvalued. some big tech names are still the best performing. they all look at that all closed higher. meal kit company blue apron could be worth $3 billion. it s going public just as it faces new competition from the amazon/whole foods deal. it s the first meal kit company to have an ipo. the industry woos consumers from supermarkets by delivering fresh ingredients directly but struggles to balance high costs with affordable prices. competition is stiff. and now amazon could enter the fray. the company already sells meal kits through amazon fresh. whole foods 400 stores will build the largest distribution network of any meal kit service. watch the food fight, ba-dum-bum in this space. u.p.s. is planning ahead for
view. let s get a check on cnn money stream. switching gears to money. something i understand. global markets lower this morning as investors look ahead to a two-day fed meeting. kicks off today. wall street anticipating the announcement of the rate hike. nasdaq and s&p closed higher. dow slipped a bit. the stock market on a 104-day streak without a 1% drop. right now, stocks are lower. we told you about marissa mayer. she has a nice consolation prize. $23 million severance. the payout depends on the sale to verizon. that sale thought to be in jeopardy after two security breaches. however, verizon agreed to move forward with the deal at $350 million discount. she has been ceo for five years. there have been eight ceos since the late 1990s. her five years is the only
on the campaign trail. facebook and amazon closed low yesterday. dow futures are higher today. european markets are mixed. shares in asia closed higher. so steve bannon of breitbart or reince priebus of the rnc? which one will run the white house for trump? we are keeping our eye on protests and one which has turned into a riot in portland, oregon. stay with us.