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Transcripts For KQED Nightly Business Report 20161101

Its share of spooky moments. Plenty enough to send a chill down a random spine or hair to stand up straight on a sensitive invest investors neck. The major average did suffer their worst monthly performances since january, and it could have been worse. If banks and some big tech names hadnt held their own and bolstered the performance. And today oil did fall to a one month low over uncertainty about an opec production cut. As for stocks today, not too scary. Dow dropping to 18, 142. Nasdaq down nearly a point and the s p off just the slightest fraction. And now to a deal we told you on friday might happen. General electric has agreed to combine its oil and gas business with baker hughes and will create a new publicly traded company which will be majorityowned by ge. Ge shares were essentially flat, but baker hughes was down 6 . Morgan brennan has more on the tieup. Reporter its all about energy. The new baker hughes will combine the Worlds Largest Oil Field Equipment manufacturer, ge,

Transcripts For KQED Nightly Business Report 20161101

Its share of spooky moments. Plenty enough to send a chill down a random spine or hair to stand up straight on a sensitive invest investors neck. The major average did suffer their worst monthly performances since january, and it could have been worse. If banks and some big tech names hadnt held their own and bolstered the performance. And today oil did fall to a one month low over uncertainty about an opec production cut. As for stocks today, not too scary. Dow dropping to 18, 142. Nasdaq down nearly a point and the s p off just the slightest fraction. And now to a deal we told you on friday might happen. General electric has agreed to combine its oil and gas business with baker hughes and will create a new publicly traded company which will be majorityowned by ge. Ge shares were essentially flat, but baker hughes was down 6 . Morgan brennan has more on the tieup. Reporter its all about energy. The new baker hughes will combine the Worlds Largest Oil Field Equipment manufacturer, ge,

Transcripts For KQEH Nightly Business Report 20161101

This halloween evening has had its share of spooky moments. Plenty enough to send a chill down a random spine or hair to stand up straight on a sensitive invest investors neck. The major average did suffer their worst monthly performances since january, and it could have been worse. If banks and some big tech names hadnt held their own and bolstered the performance. And today oil did fall to a one month low over uncertainty about an opec production cut. As for stocks today, not too scary. Dow dropping to 18, 142. Nasdaq down nearly a point and the s p off just the slightest fraction. And now to a deal we told you on friday might happen. General electric has agreed to combine its oil and gas business with baker hughes and will create a new publicly traded company which will be majorityowned by ge. Ge shares were essentially flat, but baker hughes was down 6 . Morgan brennan has more on the tieup. Reporter its all about energy. The new baker hughes will combine the Worlds Largest Oil Fie

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