Sometimes entrepreneurial visions turn out to be casillas in the sky or even a case of fraud busting bubbles in the Business World our topic today are made welcome and starting with a major scandal thats rocked germanys financial well to the bankruptcy of Payment Company why are caught what a story it could be straight out of a Martin Scorsese movie looking at the dock a side of humanity why a cod was a major tax listed company until an investigation by the Financial Times uncovered a fraudulent behavior in the end of the german Fin Tech Company a Success Story collapsed like a house of cards. A member of the Investigations Team of the Financial Times problem was the 1st to raise the alert about wild cards accounts this is a bit of a Strange Company in the numbers that its putting out dont quite seem to out of what a card was a highly promising dax a listed Fin Tech Company specialized in Electronic Payment Services Online Purchases also involve fees to the transaction provide such as
It was the big gainer. It closed at an alltime high. Tech has been leading the way. Sales force, facebook, taketwo and qualcomm at record highs you have to watch one stock in particular apple. After more than 10 gain on friday and thursday night, it closed up 2. 5 to an alltime high percentages away from hitting the 2 trillion market cap that 4 to 1 stock split is hit that price has to sit 477 not far off. Weve been talking about the pressure that has been put on yields in the treasury market. Right now, the 10year note at 0. 45 . Scott . Becky, im listening to you talk about tech and these companies. We have to get ready to talk nasdaq 11,000. As crazy as that would sound, we are on the doorstep. In spitting distance, basically. Unbelievable. Largy carri largely carried by these big five apple, amazon, facebook and alpha bes alphabet and microsoft looking back in march, would you have thought we would be talking nasdaq 11,000 by summer . No way. There is reason for it if you look at s
Discrimination. Last october, the court heard oral arguments for two consolidated cases concerning employment and Sexual Orientation. This is an hour. We will hear in case 171618, bostic versus Clayton County in a consolidated case. Take you thank you. When an employer fires a male men, he for dating violates title vii. The employer has discriminated against the man because he treats that man worse than women who want to do the same thing. That discrimination is because of sex. Because the adverse employment malesis based on the employee to confirm about how men should behave that men should be attracted only to women and not to men. There is no analytic difference between this kind of discrimination and forms of discrimination that have been already recognized by every court to have addressed them. For example, discrimination against men who are effeminate rather than macho. That discrimination is because of nonconformity with an expectation of how men should behave. The attempt to ca
The hardest, and that is the stress test. Confusion with dividends and buybacks. We will break that down. The safe haven bid intact. Of the bondinto all market, particularly on the front end of that curve, guy. Guy absolutely. We are getting data through from the u. S. Economy as well. Coming through at 70. 1, that is light. , 87. 1. Conditions that is a little light. In terms of the oneyear inflation number, that is higher. That is a reflection of the people focusing on what their Grocery Shopping is look at the looking like. That rate is rising. We so that in the u. K. Today. Grocer, a big u. K. Showing really strong numbers. Alix all of that is going to play on the market as well as we continue to see Consumer Expectations probably hit, despite what happens on a state to state races, Consumer Spending, the number that we got basis, state to state the number that we got today tim adams joins us. Sheila bair will be joining us. She is a former fdic chairman. The top story, which is th
Versus clayton county. Thank you, mr. Chief justice. When an employer filed a male employee for dating men but does not fire female employees that dates men discriminated against the man because he treats that and worse than women that want to do the same thing. That discrimination is because of sex. Because the adverse employment action is based on the male toloyees failure to conform a particular expectation about how men should behave. That men should be attracted only to women. There is no difference between this kind of discrimination and forms of discrimination that of an already recognized by every court to have addressed them. Her example, discrimination against men who are a feminine. Is becausemination of nonconformity with an expectation about how men should behave. Carve outt to discrimination against men for being gay from title vii cannot be administered with consistency or integrity. Resort tojudges to been counting where they count epithets tos of determine whether or n