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And welcome to power lunch. Im melissa lee. A winning month with a losing day. The major averages lower across the board here. We did hit record highs with the nasdaq and dow jones utility average before the markets went lower. Crude oil, meantime, hitting threemonth lows. Traders are worried the opec led cuts to reduce global inventories are being undermined by those outside of the deal. Financials, big hit here. Regional banks on pace for the third consecutive day of losses. Im michelle carusocabrera. Here is what else is happening this hour. New york times offering buyouts. The move aimed at cutting the number of editors in its newsroom. Contracts to buy previously owned homes are falling for a second straight month amid a supply squeeze. Jetblue launching its first of its kind selfboarding Program Using facial recognition software. More on that intriguing story ahead. Brian . Michelle, welcome back. Well, if you are just a casu ....
Well, what happened, fletch . The old truck finally poop out . No. Well, what happened, fletch . Was it an accident . Yeah. I didnt exactly figure you was mixing salad here in the middle of the highway. Howd it happen . Whoosh sideswiped, huh . Yeah. Reckless driver, huh . You know who done it . No. What kind of car was it . White. Did you notice who was driving . Yup. No. Dadburn it. If you dont start stringin a few words together, were gonna be here till supper time. I aint even had my lunch yet. Howd it happen . Young squirt come tearing by here in one of them newfangled convertible jobs. Drove me clean off into the ditch. Id just like to get my hands on his neck for about two seconds. Id sure show him what for. Uhhuh. Better rest awhile, fletch. You must be all wrung out from all that jabbering. Hi, there, young fella. Hi. Nice car. Thanks. Well, if, uh, you officers will excuse me, im going to cut out. I just, uh, stopped to check my tires. You, uh. You always drive around with ce ....
Cullman. Bernard and irene schwartz. Judy and josh weston. The cheryl and Philip Milstein family. The citi foundation. Supporting innovation and enabling urban progress. The john and Helen Glessner family trust. Supporting trustworthy journalism that informs and inspires. Sue and edgar wachenheim, iii. Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why we are your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, alison stewart. Stewart good evening and thank you for joining us. Search efforts continued ....
Just to years ago she wrote an article of Great Britain the there is so may a 10 percent chance. He has never been right but he has made of very good living. My argument is a completely under estimates that ability host what is your day job . I am with Public Policy magazine reason i am a correspondent. What is your trading . My background as a journalist i am not a scientist battle. I only use peer resources for government sources or others from agencies. I tried to ruth avoided all cause. With an undergraduate degree and made a terrible error to go to law school for yearandahalf and realized if i kept doing that i would be a lawyer. I am slow sometimes. So i have been steady in their mental issues forbes magazine, a television, reason magazine now,. One of the public debates genetically modified. Never has gotten bellyaches arsenals not the single example of a new one that ha ....