Agreement to cut Oil Production and russia will not attend the meeting. Saudi officials uploaded the idea of not reaching an agreement at all. Iran says they will produce more, while the iraq minister says hes optimistic. Bearish on bonds. The trump dollar rally is stirring up emergingmarket bearers. The most irish the most bearish for the year, caused by the collapse in Commodity Prices in china. Donald trump announced just this morning he will nominate congressman tom price for health and Human Services secretary, this has retired David Petraeus is considered for secretary of state amid open infighting among who to pick for the posts. That is what you need to know. Will kennedy, managing editor for middle east and africa, coverage of energy, joins us from london. At this hour, what do we know . We know that less than 24 hours from the meeting, there are still significant disagreements among opec leading members. Saudi arabia is insisting iran raise the structure and iran [indiscernib
Mobile devices for apple in taiwan. Quarter. Bad julie hyman has been looking at the quarter for blackberry. Wherelike a zombie movie you know what is going to happen but it continues you are still scared. We were talking about this this morning, that you know it is going to be bad but yet somehow you are surprised just how bad it is. Lets talk about the various metrics we are looking at. When you look at the loss from continuing operations, worse than analysts anticipated. A big drop in revenue of more than 50 . That is worse than what analysts have been anticipating. If you look at the revenue recognized from smartphones the Company Sells a certain number of smartphones in the quarter, but some of them, even though they are delivered in the quarter, maybe they were ordered before. If you look at the revenue realized from the actual sales that were recognized in the quarter, we are looking at 1. 9 million smartphones. 3. 7 million smartphones was the prior quarter. Makersher smartphon
Estimated. We saw consumers increased spending on health care. The backdrop, the Federal Reserve is beginning to taper its stimulus program, and ben bernanke is getting some of the credit for the recovery. I think ben bernanke has done an outstanding job. He came in at a time of uncertainty and used the Monetary Policy to great effect. You are seeing another great example of his leadership. I think there is clear transition to the next fed chair. He has made it clear that that policy is going to continue. A very datadriven policy. If the labor market continues to improve and g. D. P. Growth is strob, the fed will continue to taper. The important thing evans learned is we are going to get a continuity of policy, a new leader of the fed who will continue to be data driven and thoughtful. Of course the fed will always have critics. If the fed would only buy into the proposition that capitalism is a human organization, i would give the fed two cheers. Our central pang materializes our cent
Focus as well. Cuttingedge games, Cross Platform engine technology, that is the match that they are betting on. With hedgeg to start funds and the case against Steve Collins sac capital steve cohens sac capital. Claimsthe defendants that calling himself can help his defense. What is the latest . These a lot these findings came out late on friday, facing trial in january, we know that he will not testify in this case and that he intends to assert his constitutional rights, but that he did produce a 40 pages of the main deposition with the sec in which he stated he made trades in shares of wyatt since acquired by pfizer based on advice from a friend and fellow hedge fund manager. They say that this bolsters the defense and he says he wants to prove that he had nothing to do with the decision to liquidate those holdings and short sale stocks in 2008, he faces 20 years of convicted. So, what is in the 40 pages . He told as a see back in may that his trades were based on advice from a frien
Five undergraduates from the School of Economics and Business Administration win an international case competition looking at what went wrong to create the Theranos debacle. And how to prevent those lapses in the future.