Ordered the National Guard to restore peace in ferguson. It was another night of violence sparked by the killing of a black teenager by Police Officer just under two weeks ago. We begin with the top story over the weekend, defiant rick perry says he will overcome what he calls a political prosecution after being indicted on abuse of power charges. The legal fight threatens to undermine the texas governors political makeover since his disastrous president ial run in 2012. Peter cook has more on the case meanst perry and what it for his future. Peter, how big of a hit is he facing . How serious are these indictments . This is serious, and certainly damaging. The president ial candidate wants their name in the headline with the word indictment written soon after it but that is what rick perry is facing in texas. It is damaging shortterm. At the same time, ive heard from some democrats that think the case against him maybe flimsy. Because of that, ultimately, this could end up being a plus
Point 18. 5 times reported earnings. News of the u. S. Economy grew a 5 clip in the Fourth Quarter helped fuel those gains in the dow and the best gdp rating since 2003. Move over new york, florida has become the nations third most populaist state. They have 19. 9 million residents. California has over 28 million people. That is according to the Census Bureau that boosted floridas housing market. Facing a huge be loss of revenue in china. The Chinese Government is pushing them to accept lower royalty payments from chinese smartphone makers for those using qualcomm technology. Negotiations are ongoing. China wood and its antimonopoly investigation in the company. Group has removed 90 million listings for counterfeit goods before the september ipo. They spent more than 160 Million Dollars to block counterfeit items and improve consumer protection. It is considered to be one of the top risks and perhaps a big business for alibaba. The announced a 260 million market cap. Now to the lead th
News of the u. S. Economy grew a 5 clip in the Fourth Quarter helped fuel those gains in the dow and the best gdp rating since 2003. Move over new york, florida has become the nations thirdmost populist state. They have 19. 9 million residents. California has the most over 38 million people. That is according to the Census Bureau and that boosted floridas housing market. Qualcomm could be facing a huge loss of revenue in china. The Chinese Government is pushing them to accept lower royalty payments from chinese smartphone makers for those using qualcomm technology. Negotiations are ongoing. China would end its antimonopoly investigation of the company. The Alibaba Group has removed 90 million listings for counterfeit goods before the september ipo. They spent more than 160 Million Dollars to block counterfeit items and improve consumer protection. It is considered to be one of the top risks and perhaps a big business for alibaba. The announced a 260 million market cap. Now to the lead
Partially restored in north korea following a ninehour outage, but u. S. Officials deny any action against pyongyang. And another defeat, the greek government is once again tested as lawmakers head into a second president ial vote that could bring the country closer to snap elections. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hi, everybody. Good morning. Glad youre with us here on the next two hours on worldwide exchange. Weve seen another volatile saegz for the ruble. Its given up exchange against the dollar, but trading a little higher against the dollar at the moment. In the last hour, a report emerged that the countrys Prime Minister told the largest state exporter to sell part of their forex reserves. If its in an effort to try to stabilize the currency. It intends to hold consultations with these exporters on these particular measures. The ruble has lost almost 70 against the greenback against the dollar. The worst performing c
After a wave of consolidation we break down the results from two of the key players. Mark will the drama pay . Itv reports. We see if the numbers are as big a hit with investors as Downton Abbey is with global viewers. Welcome to countdown, i am mark barton. Anna i am an edwards. On a edwards anna edwards. Stay with us for the bloomberg exclusive with megaupload founder. Mark the markets moving in asia and stocks under pressure as the global selloff continues. Weve seen 400 billion over the past three weeks. Lets start off with the stock market. Lets start off with the stock market. Were basically seeing a decline across the regional benchmark. In japan we are down 1 and the yen is a little bit stronger down 7 10 of 1 . One of the stories right now is asia with a very weak retail sales number in the u. S. To some extent, investors started to book those profits in japan. Australia was down because of the banks and the big mining stocks. That is up. 5 . That market hasnt really done anyt