President is an ideologue. When you talk about closing Guantanamo Bay that is a problem. These five Prisoners Released reached out to the taliban and will be on the battlefield when the year is up in qatar. When prisoners were released from there that created the leadership of isis. What harm has isis caused . What are you going to do with the prisoners down there . What if you capture more prisoners on the battlefield . I dont think Guantanamo Bay is the best place to have this prison . There is not a Supermax Prison to help local communities. There is no plan here. Its another 30,000 proof idea. This one can cost american lives. First of all there is a supermax facility in colorado that is currently housing one of the transferred prisoners from guantanamo, so we actually do have a facility. The reason they are not being transferred because transfers are being stopped by republicans in congress who didnt want them to go to a full trial. The full trial is part of the principle that mak
For the First Time Ever on speculation of a bailout extension for greece. According to reports, that country will ask for an extension of the countrys alone agreement tomorrow. But there is no official word no confirmation just yet. The extension according to multiple reports would prevent the countrys current agreement from expiring at the end of the month. That prospect worried investors for months since it could lead to a spiral of events from a default to greek exit of the euro. Dow jones industrial average up 28 points to finish at 18,047. Close to an alltime high there. Nasdaq up 5 and s p 500 closed 3 points higher but that was good enough for the fresh recordthe button. A lot of action it did today was in the bond market as the yield on the ten year approached a 2015 high. Here too, analysts pointed to the pressospect of a debt extension for greece. Michelle carusocabrera reports theres one major difference now that stands between greece and its creditors. Reporter the differen
Company is moving in. See which one it is and what exactly theyre going to do. All right. Folks, the economic Ripple Effect from the west coast, port congestion farreaching. One company that happens to be a supplier for ikea has been hit particularly hard and jane wells has been following this story from the very beginning, and shes live in l. A. Hi jane. Hey, guys. Listen up the talks are happening right now, and while reports this morning that a deal was reached last night proved untrue, we may be close. Like really los. But weve heard that before. For Companies Like master craft furniture, that has been a delay so significant up in portland it had to lay off its entire work force. 180 people for two and a half weeks in january. Its concerned its biggest customer, ikea will become impatient. Employee David Underwood doesnt make dockworker wages and doesnt have much patience left. Theres little sympathy for the american people, i would think, on this thinging with somebody making that
European leaders the greek government want some of the restrictions lifted. Heres the Prime Minister. Im certain that we will make it and we will escape this selfperpetuating debt trap where we have been for the past five years through the street talk to through the destructive policies of the bell appeared he wants to raise the minimum wage. You cant do that unless the terms of the bailout are rewritten. The Worlds Largest oil exporter trying to raise 10 million to pay for acquisitions and other investments. In talks with banks, expanding its refining of petrochemicals. It sounds like the good old days again for sony. Forecasting its highest earnings in two decades. The ceo is using video games movies and music to turn around the company. It was the year of change in 2014. It will be the year of profit increase and investments for growth in 2015. We are determined to deliver what we have planned in order to revise sony. Shares up 28 so far this year. He beagle is top dog here in new y
Now to the state of the u. S. Economy. Janet yellin getting grilled by lawmakers up on capitol hill. Stocks seem to like what they heard. Investors in stocks. Stocks have no mind in and of themselves. Its the investors who move it. But the investors like what they heard initially. Our senior economic reporter Steve Liesman has the details. Hi, steve. Tyler, thank you. Fed chair janet yellin giving no hint at the first feds first rate hike in nine years is imminent or that its not coming. The only definitive statement on the outlook for Monetary Policy is that it depends on the Economic Data and as long as that word patient is in the statement, there wont be a rite rate hike for at least two meetings. The fomcs assessment that it can be patient beginning to normalize policy means that the Committee Considers it unlikely that Economic Conditions will warrant an increase in the target range for the federal funds rate for at least the next couple of fomc meetings. As tyler said the fixed i