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The president stood up using some pretty blunt language, saying that anyone whos got a problem with her has a problem with him. Instead, there wont be a confrontation because late today, ambassador rice took herself out of contention, writing the president shes honored to be considered for the office, writing i am fully confident that i could serve our country ably and effectively in that role. However, if nominated, i am now convinced that the confirmation process would be lengthy, disruptive and costly. That tradeoff is simply not worth it for our country. I made the decision that it was the best thing for our country, for the American People that i not continue to be considered by the president for nomination as secretary of state, because i didnt want to see a confirmation process that was very prolonged, very politicized, very distracting and very disruptive, because there are so many things we need to get done as a country, ....
Hurt the economy and the dow closed down 128 points. The s p fell ten bucks and the nasdaq also down 10, but investors are not in panic morning. Afterhours trading, the dow and the s p futures are actually trading up, perhaps pointing to a higher open tomorrow. All right. Lets get more on this whole story live from washington, d. C. We bring in cnbc contributing robert costa. Hes the washington editor of the National Review. Good evening, robert. As always, first of all, will this new cr which would delay the individual mandate, is it going to pass the gop house conference . As we speak, larry, there are simmering tensions on the floor of the house of representatives, a group of moderate republicans led by peter king of new york, they are revolting against House SpeakerJohn Boehners strategy to delay the individual manda ....
So very surprising to see the turnaround this morning. Maybe it is offset by some companies that we hear from. Heres a story we have been following all day. You get fired from your job in just over a yearandahalf and leave with a severance package worth nearly 60 million. Ill take it. Sorry, just didnt work out, but here is a nice parting gift for you. It actually wa lly with one yah executive . Whats that say about the ceo marissa myer . Well have that story. It was on this date 25 years ago cnbc launched to the world. Well have vintage clips and talk to the man who ran cnbc back then, bob wright, who was the first person ever seen on this network. Stay with us for a very special two hours. Bill, i am so happy and privileged to be anchoring with you on this day. Well tell that story later. Yes, we will. The markets right now, the Dow Jones Industrial average and all major averages are in positive territory right now. Oh i s ....
Im going to take advantage of it, because im trying to make some money around here. After an amazing week but a hohum day where the dow dropped 16 points and the nasdaq gained 0. 3 , i want to talk to you about buyable dips, google and ibm. You might think im sticking my neck out. What i am saying im doing is introducing the notion of longterm opportunity. Its not a copout. First off, we know google and ibm both disappoint ed people last night. We know that because they went down after earnings. Thats what happened. Its undeniable. In the trading world, a stock that goes up after reports is a good stock. And a stock that goes down after reports is a bad one. Pretty simple. Thats because anyone who bought the stock for the quarter, in other words, people are expecting upside surprise, simply got it wrong. In the world of trading you buy a stock for a catalyst. You sell no matter what, good or bad. Thats discipline. Having the discipline to recognize that you bought something for a trade ....
heiress. the inside details on the ceremony, the guests and the gift paul gave his bride. today, monday, october 10th, 2011. captions paid for by nbc-universal television good morning. welcome to today on a monday morning. i m matt lauer. and i m ann curry. those images in cairo are eerily reminiscent of the uprising in february. the egyptian government is going to respond. the police responded with a show of force of their own after demonstrators threw rocks and stones at them. a tragedy averted a compelling story, a 12-year-old girl suddenly collapses at her middle school and her heart stopped. a surveillance camera shows what happened next. two teachers springing into action to save the girl s life. this morning, they are all here to share the story. she s a lucky young lady. i m a golfer. you never want to hit a ball into a water hazard. this one you should avoid because it has about a half a dozen man eating sharks in it. you do not go in for your b ....