Data this morning really disappointing imperative in australia, for example, building approvals unexpectedly dropping. What we have overall, stocks declining, bollings quiet low web holidays in japan, south korea and thailand not helping. The violence in ukraine continues. The government in kiev admitting there is essentially now a civil war going on in the country. How big a risk is this for the west . This is an acting government. They are supposed to be having elections. There is not a lot of authority and there are reports about Security Forces defecting in the east. They are facing pretty wellarmed protesters. It is a very elegant situation. We have seen an escalation in the violence. They took that agreement in geneva and ripped it to shreds as soon as they left. No one seems to have a solution. Sanctions seem to be hurting russia but i suspect it will take a long time before it hurts enough before the russians will reconsider a push in the ukraine. The u. S. Always calling for c
He wants to destroy the list that poverty and disease cannot be eradicated. The melinda and bill gates came out and wrote by 2035 there will be almost no poor nations left in the world. Gates sat down with our inner loop anchor betty lue and Mike Bloomberg, also the former mayor of new york, for an exclusive interest view interview and discussed how they view their charitable causes and whether gates will return at microsofts e. O. Im on the board and the board is doing some important work right now. Foundation is the biggest part of my time but then, you know, i put parttime work in to help as a board member. Are you involved at all or how involved are you with the search for the new chief executive . The board is working on that. Theres nothing new to say. But, you know, its a good board. Do you feel a sense of urgency at all . Does the board feel a sense of urgency on this front . Yeah, i think you always feel that way. Then, again, you want to pick the best person. So, you know, th
Oslo, norway, very expensive city, a pack of smokes governments 15 bucked and number three, sydney, a bottle of table wine will cost you 25 which is a disgrace considering how much wine we produce and the runner up osaka, japan, where a dinner for four costs you 950. Worlds most expensive city, tokyo, loaf of bread, 9. 60. Thanks for watching street signs, everybody. Closing bell is next. Hi, everybody. We enter the final stretch. Welcome to the closing bell. Im embroemo at the New York Stock Exchange. This market trying to finish and retake that 14,000 level, not so fast. Were coming back here. Im bill griffith. A seesaw day so far, the markets february volatility does continue and setting up to be an interesting final hour of trade, this being the most important hour of the day. As weve noted well be watching to see if dow 14,000 is in the cards over the next 60 minutes here. Also in the show, hewlettpackard. Is it really exploring a breakup . Ive got my questions here. The stock mov
Well find out what the economy is doing right now. Larry, we just heard gary talk about revenue growth. You said earnings are doing well. Revenue hasnt been so hot. Its been objection right . Do you think youll see a breakout in revenue and market demand . I think its too late in the cycle for that. I think its been driven by cost control. One little hiccup that could come soon, estimated a 0. 7 rise in the cpi because of the rise in gas prices. The broader picture is youve got to like equities. All right. In the meantime, we are heading towards the close, and we will set a new alltime high for what has been a rather unloved bull market that weve seen this time around. The Dow Jones Industrial average will be closing at an alltime high that we last saw in october 2007. What does it all mean . Where do we go from here . Thats what were going to get into coming up in the second hour of the closing bell. Ill see you tomorrow. Maria will see you tonight as well at 7 00 p. M. Eastern time.
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