At ross. Yes for less. After a tumultuous school year for oakland which included a weeklong teacher strike the first day of the school next monday might be off to a rough start. Good evening. Reports from Woodland Elementary in oakland. And tells us the district is under pressure to replace about a quarter of its principles. Reporter im here at acorn Woodland Elementary in oakland. One of 20 schools and the districts whose principals have quit and gone elsewhere. The former principal here said he saw the writing on the wall. It was time to go. Any regrets . No regrets. Reporter leroy gaines used to be the principal at acorn elementary. He helped to train his peers and sat on the unions board. What he saw troubled him. Just being in those spaces gave me a clear understanding of the turmoil and only oakland but the state is in. In terms of finding and our finances and our ability to keep those in mind and stay in the black. Reporter it was a tumultuous year for the Oakland Unified School
The first person tried on charges of rigging the libor interest rate. Former ubss a trader. The panel deliberated a week and concluded he schemed with other traders to fix the libor, the london interbank offered rate. We will have more on this story coming up later in the hour. And for the first time in five ks, the greeks talk market the Greek Stock Market is open for business and prices quickly collapsed. Banks fellwo major 30 , that is the maximum allowed daily loss. June. Trading halted late meanwhile, the commission there isson says serious deterioration in the greek economy. Hundreds are dead because of usled airstrikes against islamic state. That is the conclusion of a Group Monitoring the iraq the attacks in iraq and syria. The airstrikes started a year ago, and the coalition is not commenting, though it has previews acknowledged causing to the civilian deaths. Two civilian deaths. Matt trying to provide assurances that the u. S. Isnt wavering after landmark agreements with ira
Positive as they await for more details of that Balance Sheet wind down. They have been flirting with losses at different points today. The dow is a little stronger here. Today, nore any gains matter how small, we could have new records for the major averages. Telecommute occasions are helping things. Telecom shares are the strongest. Sprint and tmobile are making a progress towards some sort of combination, but financials have also been consistently gaining as we see Interest Rates rise going into that fed meeting and announcement tomorrow. Over the past couple of meets weeks, the rate into the stocks are seeing some interesting moves. This is the two week 10 year yield at an 18 basis point klein. An incredible move as we go into this meeting of the fed. Financials have been strengthening as well at 4. 5 . We are also seeing some groups sensitive to the downside being hurt such as real estate stocks and utilities which was the Weakest Group today and yesterday. Interesting is that we
Crudes the january brent prices. Will we see another cut . Days, in the next two donald trump will speak to the assembl ons General Assembly. And we have janet yellen, fed chair speaking. Jonathan we are focusing on the annual u. N. Assembly where President Trump will make his first and biggest address to leaders around the world. President trump has already condemned the u. N. For its bureaucracy and management. President trump in recent years, the United Nations has not reached its full potential because of bureaucracy and mismanagement. While the United Nations on a regular budget has increased by 140 , and its staff has more than doubled since 2000, we are not seeing results in line with this investment. Jonathan im pleased to welcome a special guest, tony blair, former Prime Minister serving as leader of the labour party until 2007. Great to have you with us on the program. Tony thank you. Specific you have a knowledge of the workings of the u. N. Security council. How best to nav
Julie hyman is here to bring us up to speed. Julie we ended last week with records. The streak continues. A muted fashion. The dow and s p, little change. Of deal talkt today, involving different companies. Abroad, and qualcomm. Lets look at the movers involved. Four percent. Qualcomm has said it would offer. Broadcoms is rising. Marvell Technology Make a bid. A deal makes sense. On the flipside, sprint is not ditchee like the last efforts to merge with tmobile died. Sprints shares plunging. Softbank is willing to reengage in charter talks. Those shares are trading higher. A lot of moving parts. We are watching Michael Cores s has the michael kohr convinced customers to come back to paying full price. Amd coming to a deal with dish. Being updateds over pivotal research. Analysts are citing the failed tmobile deal. Mark basic resources leaving the advance. Arabia is where our attention is today. The benchmark age. That was sunday. Fell in initially 2. 2 . Rose 3 . This is a today chart.