Page 24 - Google Eric Schmidt News Today

s&p 500 lost 37. the nasdaq fell 82.5. lets get insight now about what might have caused this. fox business network correspondent peter barnes joins me from washington. good evening, peter. >> good evening, bret. stocks closed at the lowest level since august and are down 6% for the last two days, the worst two day decline since the financial crisis. three years ago. investors continued to react to that down beat outlook for the u.s. economy. released by the federal reserve yesterday. ...

the u.s. economy. released by the federal reserve yesterday. an outlook that could, we can even -- weakened further because of the debt crisis in europe racing more fears of a double dip recession. >> you have three major risks out there. we have a slowdown going on in the economy. we have the u.s. debt and deficit situation that is a big problem that needs to be solved. we have this european debt debacle that seems to keep getting worse without a solution. >> we are corrupting the glo...

his death still calling himself an innocent man. that wouldnt be unusual except seven of the nine witnesses who helped convict him agreed. all seven say he was not the man who gunned down the off duty police officer in 1989. six say police threatened them unless they identified davis. supporters who note there was no physical evidence linking davis to the murder called for a last minute reprieve. >> there is too much doubt for the the execution to continue. >> reporter: the hopes were ...

against the g.o.p. urging it not do and it is called operation twist. what is going on here? >> here is what happened we spent $600 billion over 12- to 15-months buying bonds without getting too wonky, that should shrink the government but the fed is using $400 billion of those printed dollars to repurchase things that the stock market said that is bad, that means the economy is still on the skids and 2893 points fell off the dow yesterday, and another 391 points today. this is the big...

i just think it is really sad. he is so innovative with apple. he brought the company around. >> it is sad to hear it. i hope his health is good. >> he will be there innovating as long as he can. >> reaction on the sudden resignation on steve jobs. jobs left with this statement, quote, i have always said if there ever came a day when i could no longer meet my duties and expectations as apples ceo, i would be the first to let you know. unfortunately that day has come. i hereby resign as...

the fact that now rules the visitation order sheet change kind of fact her is an additional fear to make it easier for governments to decide that. >> so, just a pullback to sort of the high-altitude question that the book raises, you know, the book is largely pitched as an american ideas. we are by nature taught from our second decade of believing that the internet is transforming our world very largely to the good, even perplexing and a selective ways. where do you come down at this p...

speech, and now the reaction many people actually for the first time read the speech after wikileaks happened because they realize that it just is a poor response. many positions expressed in the speech didnt correspond to the actual actions and the climate of debate in america. so, and its not the only element if you look at the other -- >> that people would be interested. okay, so you are saying that the internet freedom agenda isnt really compatible with how the g...

set up shop in a dorm room and set something up today called page rank and one of them was named larry paige, upon intended i believe, and the story is now pretty much the stuff of legend, and they pretty much attended the portal business. they showed the world that searching was something important and they had a dream of making all the worlds information accessible and they are continuing on that path and the past that you have laid out and in an incredibly well documented book has a...

it weighed about 200 pounds and circled the earth in a little under two hours. america was shocked to find itself behind in the space race and began to put energy, effort and billions of dollars into science, technology and innovation. less than 12 years after sputnik, americans landed on the moon. >> thats one small step for man. one giant leap for mankind. >> thank you. >> now, a decade into the 21st century, listen to president obama in his last state of the union speech. >> this is...

and began to put energy, effort and billions of dollars into science, technology and innovation. less than 12 years after sputnik, americans landed on the moon. >> thats one small step for man. one giant leap for mankind. >> thank you. >> now, a decade into the 21st century, listen to president obama in his last state of the union speech. >> this is our generations sputnik moment. we need to outinnovate, outeducate and outbuild the rest of the world. [ applause ] >> the soviet union is...