The First Quarter. Profits down at yahoo but the numbers beat the street thanks to a great performance by alibaba. And russia warns ukraine it stands on the brink of civil war after kiev launches military operations to try to win background from the separatists. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and a warm welcome to todays edition of Worldwide Exchange. There is a huge amount to get through in todays show, an awful lot to talk about. Coming up, could the mobile phone as you know it soon be ancient history . Googles planning a modular smartphone that consumers can customize with various hardware features. Well take a look at that. Bank of america set to report numbers from the bell today. Find out why this is a top stock pick. And a fatal ferry industry. Well be in seoul later in the show. First, asian stocks are up. First quarter gdp came in at 7 another 4 , thats down 7. 7 from last quarter of last year. Lets get a breakdown of
Good morning to you, im richard lui. It was the oneyear anniversary at the scene of the terror attack. Tuesday a brazen hoax on the finish line of the boston marathon. The man you see here is in custody right now. Hes accused of dropping a backpack with a rice cooker inside. Police stopped him after an acting suspiciously. They say he was wearing all black with a veil over his face. He was walking down the middle of the street barefoot and in the pouring rain. Thats when he was stopped and told officers what was inside. Law enforcement officials tell nbc news a second bag was left behind by a media organization. Now, both were blown up in controlled detonations as a precaution. The drama unfolding just hours after ceremonies to mark the anniversary. Vice President Joe Biden praised the 36,000 who plan to run the marathon on sunday. We are boston. We are america. We respond. We endure. We overcome, and we own the finish line in washington, president obama remembered the victims with a m
General Motors announced the acquisition of ALGOLiON, a company specializing in battery software for electric vehicles .
The financial terms were not disclosed. The acquisition was led by the newly.