Troubled schools is leaving the job earlier. He completed work ahead of his 18month schedule, with Governor Snyder pushing the legislature for state funding to address the state debt. Thats global news. Im mark crumpton. Im emily chang and this is bloomberg west. Ating up, slash and burn yahoo , cutting jobs, winding down legacy products, and addressing Strategic Alternatives, but what does that mean . And we hear from oracle ceo mark hurd of what it takes to be a leader and what it takes to keep competitors at bay. We check out how mega cabs compare with the Biggest Companies over time mega caps compare with the Biggest Companies over time. But first, to our league alternativesing for the core business. Is that the company putting the for sale sign on the door . For the time being Marissa Mayer exploring aosts and spinoff of the web business rather than sell now because they feel it is kinder late it is currently undervalued. Is up 12 . Revenue but here is what chairman maynard webb a
Give them the wisdom they need and the chity they must possess to Work Together. Help them to make wise decisions in a good manner. We ask your blessing as well on those newly elected or reelected to this assembly. May they fully understand the trust that has been given them to represent not only those whose votes they received but those who did not vote for them as well. All are citizens to be represented by the new members of this peoples house. May your blessing, o god, be with them and with us all this day and every day to come. And may all we do be for your greater honor and glory. Amen. The speaker the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, the journal stands approved. Pledge of allegiance will be led today by the gentlelady from North Carolina, ms. Foxx. Ms. Foxx please join in the pledge to our wonderful flag. I pledge allegiance to the flag of the United States of america and
Im very excited for this week. We will get to that in a second. Pending home sales in february scarlet fu has all the headlines. Scarlett pending home sales coming in much higher than anticipated, 3. 1 gain in january on the yearoveryear basis of a 12 increase when economists were looking for an increase of 8. 7 . Pending home sales track the number of contracts in a given trade, seen as a forwardlooking indicator. Existing sales another report that we give you at times like this, tallied after forwardlooking indicators that could signal a busy spring selling season for the Housing Market in the u. S. We should mention the january numbers were revised lower even in the face of damaging weather here in the northeast. 3. 1 in february month over month the 12 increase on the yearoveryear. U. S. Stocks are higher and remain higher no Real Movement there, the dollar picking up a little bit for the dx why index. The 10 year yield and two year yield and twoyear yield remain lower, no real cha
The flames. More than two dozen people were arrested. This started after the funeral of freddy gray, a black man who died in police custody. A this sister called for calm. I dont like it at all. Betty the orioles postponed their game. Schools are closed and a citywide curfew starts at 10 00 tonight. We will be watching the situation. The death toll in the Nepal Earthquake is over 4400 people. The Prime Minister fears that number could double. Rescuers dont think they will find survivors in the rubble. People are living in tents, hearing aftershock. Authorities are rushing aid to the hardest hit areas. The finance minister says it will cost 10 billion to rebuild. Apple powered a spectacular quarterly result. They sold more phones in china than in the u. S. That is a first for the company. Iphones sales were up 40 . Look at the oneyear chart on apple area invested in a share of all this. The Quarterly Dividend is being raised by 11 . Everybody is happy with apple area analysts are surpri
Get the notice midday yesterday that it is moving again. What happened . Another 24 hours and the reason, according to the administration, is the sheer crush, the volume they were getting on the website yesterday and they want to make sure those people had the opportunity to enroll. It was a record day yesterday, one million visitors to health care. Gov, people to sign up for obama care that would be effective january 1. That is the critical deadline they are facing. This extra 24 hours as giving those people the chance to enroll. Some of the people were told by email that it is too busy, come back and visit them a little bit. They did this is to give people the opportunity to sign up to boost those numbers they are still way behind where they should be in the president said it is clear their numbers will go up. The republicans are criticizing this extension . Surprise the fact that the Obama Administration keeps moving the goalposts and they were asking u and Kathleen Sibelius if they