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percent. shanghai stocks down by close to 1% a decline of more than nine tenths in europe there have been some green arrows the dax is up by .2% the cac is up by a quarter percentage points. stocks up in italy, spain and london crude oil prices which ended last week just shy of $59 a barrel, check this out right now, down by about 44 cents. still, wti trading above 58 at $58.51 a barrel. now this morning the big news of the day. publisher meredith buying time, inc., for2.8 billion that s the price meredith will pay $18.50 for time, inc. it publishes well-known magazines such as time, peopl people. meredith received $650 million a lot of people raising questions about what this means. raising $650 million in backing from the billionaire koch brothers, charles and david koch are widely known for supporting conservative causes. they say the magazine business is a good investment in the press release koch industry says it will not have any seat on meredith s board and ....
opened in 1957. we will show you the reason it is shutting down. some incredible video coming out of mammoth ski resort. it was scary. that is an 18-year-old dangling from the left. moral the rescue. there it is. we will explain how it happened. i go that is one of my biggest fears. it really is. the lift scares you but the skiing doesn t? [ laughter ] we will get more information for you. happy sunday. like a we have a rain storm headed our way? yes. we have one dry day left? exactly. you will need the rain gear. it will be wet and for some it will be windy. this is a live look at the mostly cloudy start to the day. we have high-level clouds overhead and patchy fog. it is causing visibility issues for some. let s start off with that. you can see in the south bay, not too bad. oakland airport has reported poor visibility. i am seeing some gray near hayward. three quarters of a mile visibility at the airport. in the north bay, it is more widespread. if y ....
that s something we ve been watching so closely. and right now the yield pushing up once again for the ten-year, 2.741% 30-year at 2.967 the two-year, 2.165%. facebook posting better-than-expected earnings, but users spent less time on the social network in the latest quarter. the number of daily users in north america also dropped for the first time shares initially dropped but then recovered on the conference call the cfo saying they are maintaining the 2018 expense forecast and suggesting the tech giant would benefit from a weaker dollar in the first half of the year. we ll talk about this in a minute what stunned me was the amount they said 50 million user hours a day which is only 5% which tells you about how much people are using facebook i see that as a positive. for society for society millennials it s not just millennials go experience life. you supposedly experiential life don t experience a screen. you need to do the experiential so you ca ....
related charge but excluding items earnings still beat the street cisco looks to s s to repatria$ billion in overseas assets uber s ceo plans to expand the ride hailing service beyond cars he says uber is to cars what amazon is to book stores he believes uber could be a marketplace for other forms of transportation, including public buses and bike sharing programs. i was with him in davos, he was sharing this idea that you would take an uber to a train, and then get off the train an then get on a plane an then get on the plane, get in a car, he would do the whole thing that s the idea. uber eats, the leasing program, were those side shows to this idea that could you plug into the new york city mta public transportation system so if you re in an outer borough, the uber gets you, brings you to the subway, the subway takes you, you get off, maybe there s an uber pool that takes you to the office is this before or after flying cars? this would be before flying c ....
va: why bush d military aircraft are fully out of the sky. but iran and six wororld powers ended 20 months of talks last week. supporters of the deal, including the obama administration brita, china, france, germany, and china had lit as a historic breakthrough, stabilizing ebola told region. critics a volatile r region. joining us today ibarbara slaven. michael rubin with the american enrprise instititute and the author of a w book, dancing with the devil. everybody, welcome to the program. barbara, why is this a good al and what are the critics missing about it? barbara: it prevts iran from developing a nuclear weapon for at least a decade. it shrink wraps the nuclear program. it has a numbeof excellent verification measures built into it to preventnt a run iran from cheating. when you consider the alternatives, which could be military actioion by the u.s. or israel, further destabilizing a region already boiling, i think it is a good deal. vago: michael, you ar ....