Oil shock ripple effects. The impact of equities and currencies and a closer look at stocks that are keeping the dow from hitting 18,000. Is it time to turn on the taps and lift the u. S. Export ban on crude . Well talk to a top dog on Global Commerce. And a shocking reversal on two Insider Trading convictions. The ruling that could change the rules for wall street as the second hour of squawk box begins right now. Welcome back to squawk box on cnbc. Im joe kernen along with becky quick. Andrew ross sorkin is at the dealbook conference. Hell join us in the next hour and well hear from jack lew speaking at the conference. Among the other power players attending, gm ceo mary barra, actress and entrepreneur jessica alba, a. Mex ceo. Well bring you those interviewing throughout the day. Acquired a 5. 1 stake in staples. The hedge fund has also boosted its holdings in office depot. Its move to call for a merger of these two companies. Economic data on the calendar today will get claims. The
This evening the union offered new proposal in attempt to settle the dispute. And get the trains moving again. This plan would allow us to reach an agreement without going back to the bargaining table and therefore it would allow us to end the strike medley upon signing. Reporter bart management responded to that Group Proposal my minutes later. In response to the union leader statement tonight bart would welcome an end to the strike. Union leaders is similar play repeat of the same unacceptable offer they made at the bargaining table yesterday before the yawn leaders ordered m ebbs to walk off the job. Reporter bart claims the key issuets to be able to file report that documents paycheck stub electronically and bart also wants to be able to change the way it schedules workers. Union say it needs to protect Worker Rights that would be affected by these rule changes. But they say they are willing to accept partial binding arbitration to settle the issues between them the. Now roads lead