From the journal and now the times. I mean is there good read on how much danger hes in . I dont know. He has control of the board. I think he ph wins a lot of support. The Company Needs money and dep was an important part of this whole thing and therefore he kept quite do what he has the power to do necessarily. Yep wipe out the entire board if he wanted, but they do need soft banks leverage. How much money do they need . Softmu softmoney, well see i think everyone is interested in getting this thing back on track and sort of recover from the disastrous s1. Kara, this feels different to me from uber but i cant figure out why. Its these two ceos who have this maverick streak who are on this growth at all costs, sort of tear. So why does it feel to me like if newman were to step away, the whole reason for believing in the companys growth wouk be at issue here. You mean without him its nothing . I dont think thats true of any company im not saying that, no but so much of the mythology ar
Amazons Ceo Jeff Bezos dismisses a New York Times article outlining poor working conditions, saying claim did not represent the company he leads. On our radar, at t helps spy for internet traffic for years. Youll get that full story in a couple of minutes. And the fourth is the disney ceo confirming the Star Wars Franchise is getting its own theme land in the largest expansion ever at disney parks. And you are watching Worldwide Exchange on this monday morning. Were indicating a slightly higher open with the dow up 2. 6 points. Nasdaq up about 8 and the s p 500 seeing a marginal gain. Some of the best performing sectors last week, interestingly enough, are the worst performing sectors yeartodate. Kweer talking about materials and industrials gaining about 1 . A lot of focus will be on the economic data. We get a report on employment and manufacturing data will be a part of the story. In the meantime, we see the global 300 index basically flat on the day. A lot of investors reacting to
Today. An accounting issues. Well have the latest details and what it means for the future coming up. Also, etna following uniteds lead and announcing plans to pull out of most of the Obamacare Exchanges this its involved in next year. And will that lead to big price increases now that theres less price competition at those exchanges . Well hear from the ceo of a major insurer whos doing pretty well in obamacare. Thats coming up here. And financials have really missed out on the recent record rally but is now the time to bet on the banks . With more hints the fed may raise rates again. Oh, by the way, a big move by an investor into one of the banks. Well hear from both sides of the debate coming up. A lot to get to. Lets begin with the markets pulling back from yesterdays trifectas. We put it. Closing the Closing Bell Exchange today, Michael Robinson of money morning. Com, ben willis of princeton securities and rick santelli, if its tuesday ric t rickster is back again. Hey, ben, so bi
Billi billion. Making it the Largest Technology deal ever. The other deal isnt done quite yet. But anheuserbusch imbev just sweetened its offer for s. A. B. Miller, hoping the higher price can seal the deal, and if it does it would be one of the largest takeovers of all time. So lets start with the tech tieup, which we told you about last week when with was in theworks. It sent shares of emc higher today. Dell is privately held. But is there a big risk to doing a big deal like this one, and which Companies Might be next . Josh lipton has our report tonight. Reporter dell founder and chief executive michael dell will lead the combined company as chairman and chief executive. He says this deal creates an enterprise powerhouse. We started back in about 2002, and for about a decade worked together. At one point the relationship was about a 2 billion annual run rate. And this is really all about bringing fogt together complementary technologies and helping the customers address challenges a
Billion. Making it the Largest Technology deal ever. The other deal isnt done quite yet. But anheuserbusch imbev just sweetened its offer for s. A. B. Miller, hoping the higher price can seal the deal, and if it does it would be one of the largest takeovers of all time. So lets start with the tech tieup, which we told you about last week when with was in theworks. It sent shares of emc higher today. Dell is privately held. But is there a big risk to doing a big deal like this one, and which Companies Might be next . Josh lipton has our report tonight. Reporter dell founder and chief executive michael dell will lead the combined company as chairman and chief executive. He says this deal creates an enterprise powerhouse. We started back in about 2002, and for about a decade worked together. At one point the relationship was about a 2 billion annual run rate. And this is really all about bringing fogt together complementary technologies and helping the customers address challenges and opp