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June 24, 2015
Federal agency inept during a senate commerce committee hearing on exploding air bags. democrats saved some of their nastiest comments for the national highway traffic safety administration. they say it has -- quoting here -- blatant, incompetent management, and is too cozy with automakers and parts manufacturers. okay, so, get this, facebook is now worth more than walmart. the social networks rise in stock value has now pushed the giant retailer out of the top ten companies. only $4 billion s...
July 1, 2014
Will be sincere, but others maybe not. and were going to see this one insurable service cut out for many, many women. >> indeed as we learn more from the courts 49-paged ruling, it turns out there are still a lot more questions than there are answers. for instance, just how many people could it impact? the courts ruling applies only to closely held corporations. defined by the irs as having more than 50% of its outstanding stock value owned by five or fewer individuals. turns out that takes in a...
June 18, 2014
General motors chief mary barra is back on capitol hill today testifying about troubling findings in an internal report on gms botched handling of that ignition switch defect thats linked to at least 13 deaths. gm just announced another global recall of more than 3 million vehicles and incredibly the company sales are up and its stock value has been on an upward trend too. cnns poppy harlow is following todays testimony. what did we find out? >> she is just wrapping up at this moment. some conte...
December 29, 2013
Foundation of his media empire and riches for many decades turned out in recent years to be a heavy weight around his neck by splitting the company in two he both insulated the more profitable television and entertainment properties from the fallout from the enormous hacking and corruption scandal in the u.k. and he liberated the share price, the stock value of those entertainment properties. you have seen him be rewarded on the market for doing something he resisted doing for many years. the fa...
September 2, 2013
Longer have to share profits with vodafone can help e and stock value which would intern help help lift the dow the fuel of the future could come from the rainbow of colors loved by children all over. recently announced its teaming up with cray ola to dried up markers into usable -- brian is in our newsroom with more. >> crayola makes up to 700 million plastic marker as year. now turning markers into fuel good enough to be used in boilers, ships and even your car. crayola partnering with new yor...
March 3, 2013
The third straight month, continuing what has been the biggest jump in manufacturing since the economy began to turn around. new analysis out this week further supported the positive signs that corporate america is on the mend. the s&p 500, thats the index that tracks the stock value of the countrys 500 leading companies, is up more than 120% since march of 2009. heck, the dollar gained strength this week, and all just in time for wall street bankers to get the most out of their bonuses which on...
November 20, 2012
Succeeded, neither, shep, has it failed. shep? >> shepard: jonathan hunt at the united nations for us. well, it was a huge day on wall street. as stocks soared to the best trading session since the presidential election since nearly two weeks ago. if you have been afraid to peek at your 401(k) it might not be a bad idea now. the dow up 207 points. nasdaq up 63. s&p up to 27. apple had biggest single day gain since way back in april. a jump in stock value of more than 7%. the fox business network...
November 12, 2012
>> and we aanother golden parac for a job that was not so well done. citigroups former ceo. >> just to give people perspective, the head of goldman sachs pre the financial crisis made $68 million. pandit left some $24 million on the table if he accepts this deal. he basically got fired for this job. the banks stock value has plummeted. but he isnt necessarily getting all the money that he was necessarily owed. depending on where you live, you can decide, im not putting a judgment on it. but it a...
June 13, 2012
A new study disproves a popular belief that spending money on lobbyists and political contribution yields big benefits for businesses. researchers from rice university in texas and long island university in new york found the opposite to be true. according to their work, companies that spend more money on political interests typically performed worse financially. im joined by the assistant professor of management at long island university and co-author of that study. good to have you here. as we...
May 15, 2012
>> mr. diamond is going to have to explain to his shareholders what went wrong. youve heard him use language like an egregious mistake. he said this was a self-inflicted wound but theres a lot of oether issues on the table. not only the $2 billion loss in their hedging strategy but the fact that some shareholders want to split his role as chairman and c.e.o. they want to split that to you two separate roles and theres the discussion of the compensation package. you guys were joking about that bu...