Page 2 - Don Kohn News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Details, they develop, well get them to you. In the meantime, we turn to the marketsws. Call it a summers rally at the end of summer. Whatever your view, surely youve got an opinion on the market rally that was sparked after announcing his exit from the fed chief race. Any of you in stocks are pretty happy with the numbers. Major u. S. Markets to the upside right at get go, the nasdaq joined the party but lost steam around 1 45 p. M. Eastern time, right now down just about four points on nasdaq. This fiveyear anniversary of Lehman Brothers bankruptcy sparking the worst of the financial crisis,...

Melissa straight off the top tonight, an exclusive interview with my personal choice for who should be the next fed chair, reknowned economist john taylor. News that Larry Summers has withdrawn his name for consideration of the job led to a nice rally in the markets. Everyone is looking ahead to try to predict whether the next fed chief will be vicechair janet yellen or not. Hear to weigh in what went down and what were in store for. Mere is stanford professor, john taylor himself, author of the five keys to prosperity. Great to have you back on the show. Good to be here. Melissa what did you ...

New york stock exchange. Sending it to you in the studio. The president saying it is about the middle class and theyre is a long way to go. At least today the markets are celebrating not news about the anniversary, but at least rallying nonetheless. Adam the other big story, Larry Summers pulling his name from consideration to become the next chairman of the Federal Reserve. Im adam shapiro. Lori im lori rothman. The field for the new fed chief was down. The front runners to head the Federal Reserve. Adam tying nat to the firm where he works. Try telling that to the firm, Atomic Research group...

Really make it happen. But quarter after quarter the company has been able to deliver with a surprise when it came to sales for pcs which we know are in decline but perhaps not quite as much decline as wed anticipated particularly on the commercial side on notebooks where they choed real strength. That did help the quarter and on the revenue side, printing went fairly well. They did come ahead on revenues and on profit. One of my favorite notes Morgan Stanley saying they are achieving the impossible keeping expectations low while increasing revenue and cutting costs and investing and so forth ...

Of sleeping. Big things ahead today, right . Youve got the exclusive with schul schultz, we cant wait for that. Its not about the triple pu on. The value of the payments business at starbucks talking about how much its worth and how important it might be here as a rival to some of these card companies. Yeah. Look, bob nardelli made a great point if you can cut out the little big, the vig that visa and mastercard get, if you can make it so someone nearing the store is able to pay for it ahead of time and own the register why should this be limited to starbucks. This is a trillion dollar market ...