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That and more tonight on nightly Business Report for wednesday, october 8th. Good evening, everyone. Well, call it a come back rally or maybe a janet yellen rally. Whatever you call it, stocks had the best session of the year. The major averages surged after minutes from the Federal Reserves latest meeting show the central bankers will be quote overly cautious about raising Interest Rates. They sited concerns about weakness in the Global Economy and impact of a stronger u. S. Dollar, especially ...

Industry to share information on Cyber Threats. Before signing, the president talked about why it was important to address the issue now. He also spoke about the governments attachment to keep people safe while attempt to keep people safe while protecting Civil Liberties and privacy. This is 30 minutes. Ladies and gentlemen, to introduce the president of the United States please welcome, Stanford University president , john hennessey. [applause] welcome back. Its now my great privilege to intro ...

Digging actually channels along the river and widens the flow of the river. Can you give me an idea of just over the past 25 to 30 years of the budget dollars you have what has been the trend in maintenance spending and in environmental spending . Just in general figures or percentages . Well,ly answer by saying i dont know that i can give you that general percentage right off the bat. Theres always come back and get it, but certainly our civil emissions include our navigation, our hydropower fr...

Had been 17 years at that point. I got out and i went into the private sector. I actually had three jobs in the private sector. Started out with United Technologies corporation, did a couple years there. I went on to Business Executives for National Security which is a nonprofit organization. And then i went to saic wishes science applications international. At a variety of jobs there, in the as being the president of the technical and engineering sector. So i was actually running a segment of o...

Advantages at unfathomable speeds earning billions off price differences measured in pennies. Were in the era of high speed trading. I am troubled as are many by some of its hall marks. It is an era of market instability as we saw in the 2010 flash crash. This subcommittee and Senate Banking committee shared in a hearing. It is an era in which stock Market Players by the right to locate their Trading Computers closer and closer to the computers of stock exchanges confirm a little speed advantage...

Participate. I wonder if the stock exchanges are still a place where their interests matter. Hopefully this hearing will shed light on the trading practices used on wall street and help restore confident on the financial system. T while the problems facing the market are complex, we can address them with a few common sense solutions. For example, one of the most predator High Frequency trading practices depends on the unintended consequences of the secs regulatory National Market system or regul...

The truth, so help you got . We will be using a timing system today. Please be aware that one minute before the red light comes on, you will see the light change from green to yellow, giving you an opportunity to conclude your remarks. All of your written testimony will be printed in the record in its entirety and we would ask that you try to limit your oral testimony to five minutes. Professor battalio, we will have you go first. Thank you again for your work. Good morning, chairman levin and R...

Testimony. All witnesses who testify before this subcommittee are required to be sworn. At this time i would both of you to please stand and raise your right hand. Do you swear that the testimony youre about to give before this subcommittee will be the truth, the whole truth, and nothing but the truth, so help you got . We will be using a timing system today. Please be aware that one minute before the red light comes on, you will see the light change from green to yellow, giving you an opportuni...

Of riot police. And keeping an eye on grandma. It is swedens elderly. And coming up in sports. Did you miss that . The 50th anniversary of the instant replay. Coming up a little bit later. Hello. France says calm has now returned to the capital of Central African republic. French soldiers are pressing deeper into the country. Thousands more International Soldiers are on their way. In the African Union has 2500 personnel there. Now with the au, is bringing its force to 6,000. French troops had al...

No problem with that. We think those are a lot of good uses for drones in those areas. There might be particular rules that need to be worked out around if a drone is being used to search for somebody and it happens to fly over private peoples houses and the backyard we think there should be rules that govern how those are handled and the sharing of them so people whose houses happened to be flown over the privacy that is dated but were focused on that surveillance, watching everybody all the ti...