Yellen live in an hour. First up, though, stocks in sellingoff mode away the world. Oil prices down sharply. Gold rallying to a one year high after yellen highlighted some of those risks to growth during ideas testimony on the hill but did not rule out gradual Interest Rate hikes. Shell be back there an hour from now, this time as we said before the Senate Banking committee. Some trying to argue this this morning is related to what she said. Do you buy that . I know Everyone Wants to be on fed centric, but im sitting here watching the rio tinto ceo basically saying this is it, were going to have a situation where not only the distressed players in the junior level and mid tier, but now the senior players will have trouble. Listen to bob did attituudley s fundamentals will kick in. Theyre more powerful than yellen. Yellen can be a force of calm by saying were just watching the world and we can talk about rate hikes when we have to, but were not going to talk about rate hikes today. Were
Baseballa. There was consideration of a spendoff, then the board decided on a reverse spinoff which meant considering a sale of core operative businesses. Marissa has announced a plan to return this Iconic Company to greatness and thats what we ant to talk about. Welcome. Its good to have you here. Marissa im very excised excited to be here. Charlie tell me how you see ya hood today and what you want to do yahoo and today and what you want to do to return this Iconic Company to greatness. Whats the plan . Marissa yahoo was the original internet i con. Its a huge part of peoples daily lives. About half of your viewers today, more than half, will use a yahoo product at some time. Its an amazing opportunity to say, how can we take something that was such a huge part of peoples daily lives in 1995, 2000, even today, and transition it as were seeing such huge shifts in the technology industry. With mobile, with video, with whereables. Theres so many great opportunities in terms of how do we
We are pleased to have bob join us at the table. How did this come about . Robert woodward said, we would like to sit down with you at length and talk this through, and we had a conversation and we tried to ask him about the presidency in washington, that is his prized property. We wanted to ask him about the presidency, how he would actually be as president , to get away from the daytoday campaign. Charlie what was the setting . His son was with him. Who else . Robert when trump is in the room, he is in command. Were supposed to have lunch, and there were all these images sandwiches around with no one touches a sandwich. No one even has a drink from the trunk water bottles. If trump is not eating, no one else is eating. We are sitting at this construction table surrounded by secret service. Charlie is he doing more interviews now . Robert he is doing more longform interviews. He recognizes that the kind of needs to pivot to show some depth on policy, depth on character, as he almost t
In the bucket that compares to the challenge that is likely to come. Am i wrong . Is that a strategy thats the wrong way to go about it . Im not sure you would get a majority of votes in this body for it. I think the vote we had about using military force against the use of chemical weapons against civilians barely got a majority in this committee and likely will not get a majority in the senate or in the house. Still if the administration were to advocate strongly for it, there is some bipartisan support for the notion. As folks who do this work, am i looking at this wrong . Senator cain, i have long wrestled with this question through this crisis. You know, the history of safe zones and nofly zones for humanitarian purposes is fraught with cases where it didnt work well and its filled with moral hazard. And at the same time i think that as the crisis progresses and the level of killing continues that is prompting this level of crisis for us to continue to not take some action that is
Will take place. Of course, all of this is happening as a result of the current house speaker, john boehner, announcing last friday that hell be resigning at the end of october. This meeting by the House Rules Committee expected to get under way shortly. Theyll consider the rules for debate on a bill that would gave states flexibility in denying funds under medicaid to planned parenthood or other groups that provide Abortion Services. That bill coming to the house floor tomorrow. The legislative agenda in the house today includes a couple of bills that make changes to the 2010 health care law, religious measures, other would revise the definition of small employer to having 50 or less employees. Votes in the house are scheduled for 6 30. We have that live on cspan. Senates in session today. Considering a temporary spending bill that would fund the government beyond september 30th. Senators will be voting on whether to advance that bill in about a half hour at 5 30. 60 votes are require