Countdown a warm welcome to a warm welcome to countdown. Most of us think we know stories that could be made into a movie but what are the secrets of successful finance for film. The producer of a new film will be joining us for an interview and our playbook conversation. Intoll give up his insight the realities of getting a great idea onto the big screen. Lets get to our top story, a new era for oil. Opec refused to yield its production and it is having a Ripple Effect across global markets. Asian airlines gained as our prices helped reduce yield cost and most emerging yield costs fell. Some opec states are using the price war to challenge nonmembers especially shale drillers. He caught up with him just after the decision to make output targets. Can you give us your view of the decision and a little bit of a deliberations. Every buddy has responsibilities but it was felt that maintaining the level would apact and would produce reduced decline. And what about venice where the argument
Floor of the New York Stock Exchange. Nicole good morning, dagen and connell. A big piece of news here. This is obviously a big deal. Ninety dollars a share. You can see how the stocks are faring. This will create the second largest package food company. You can see the upside. Conagra is up about 4 there. Obviously, big news on that. The dow today down 41 points. He regained 3. 3 . Today we have come under pressure. The s p and nasdaq also down. There is a loss of about 40 points. Yesterday we lost about 42 points. Shortterm pullback is pulled back. Dagen thank you. If congress is unable to prevent the fiscal cliff, our lawmakers could send the entire World Economy into a recession. Steve moore is here, senior Economics Writer at the wall street journal. He joins us now from washington, d. C. Will they prevent it, steve . The good news is, no one should ever listen to what they say. But, you know, these go sheesh and keep rolling on. My sources on capitol hill say that there is still
Elsewhere on capitol hill today, its back to the bargaining table for lawmakers facing a yearend fiscal cliff. Yesterday the white house took a hard line insisting tax rates have to rise on the rich and warning that anymore delay on the deal could ruin Consumer Confidence and hurt Holiday Retail sales. Nbcs tracie potts joins us from washington with the details. Tracie, good morning. Reporter good morning, lynn. Today well see a continued push by the white house. In fact, for the rest of this week, new details released this morning, still pushing for those taxes on the rich. Meantime, here on capitol hill were seeing some small signs of compromise. Today president obama meets with Small Business leaders continuing his push for higher taxes for the wealthy. A new xhous economic report warns if tax breaks go away, the average middle class family will owe uncle sam another 2200 next year. It seems to be the thing we can agree on, that middle class families should see an extension of these
A fundamentally honest person all of this was a five hundred year flood i pray no f. B. I. Director ever has to deal with this again because it was just a series of no win decisions im a pretty far left person i know that not everyone on the far left like the james comey based off of twenty six seemed to even hope really clinton at least reads those parts of the book because i think she will walk away saying you know what i still think the guys in india but you know hes kind of on a stadium. Also coming up scientists in the u. K. And the u. S. Say theyve engine. That eats plastic a biological birth that comes not a second too soon. We have been sleepwalking through convenience into a culture where we want what we want when we want it and were not really thinking about the impact and the consequences. Oh we begin the day with the latest tell all book about the Trump White House a higher loyalty by james komi went on sale today it is not written by a journalist with unprecedented access
I really like james comey i hope people will see in the book is what i think president obama saw someone trying to make decisions without regard to politics and i was excited to read a book by somebody who i think is a fundamentally honest person all of this was a five hundred year flood i pray no f. B. I. Director ever has to deal with this again because it was just a series of no win decisions i am a pretty far left perth and i know not everyone on the far left like james comey based plenty thick seem to have a whole killer clinton at least reads those parts of the book because i think she will walk away saying you know what i still think i was in india but you know its kind of an honesty and. Also coming up scientists in the u. K. And the u. S. Say theyve engine. That eats plastic a biological birth that comes not a second too soon. We have been sleepwalking through convenience into a culture where we want what we want when we want it and were not really thinking about the impact an