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Always about money melissa straight to the back room story tonight. The whispers are focused on the biggest wall street titan of them all, Warren Buffett. The oracle of omaha himself. He is known for not micromanaging companies he buys but insiders are warning that his 29yearold protege, tracy britt is stirring the pot at benjamin more owned by Berkshire Hathaway of the it is all the word on wall street. Here with the juicy details, the wall street journal ahead of the tape columnist, Spencer Jacob and jonas fax ferris. Welcome to both of you. This is unusual situation for buffett. He is very ...

Always about money melissa straight to the back room story tonight. The whispers are focused on the biggest wall street titan of them all, Warren Buffett. The oracle of omaha himself. He is known for not micromanaging companies he buys but insiders are warning that his 29yearold protege, tracy britt is stirring the pot at benjamin more owned by Berkshire Hathaway of the it is all the word on wall street. Here with the juicy details, the wall street journal ahead of the tape columnist, Spencer Jacob and jonas fax ferris. Welcome to both of you. This is unusual situation for buffett. He is very ...

Well get the very latest from inside the beltway. A lot of machinations still going on well keep you uptodate. Keep it right here. Liz jpmorgan had a great day. The ceo, jamie dimon, agreed to a 100 million settlement with the Commodities Futures Trading Commission over the wrongaway trade in the london whale scandal. Overall jpmorgan has paid out more than one billion dollars in penalties over the whale mess. David the stock is up 3 . Investors like that move. Shares of bank of america rose after reported surge in Third Quarter earnings but revenue was lower than wall street analysts liz peps...

Defund the health care bill. Among our newsmakers on the topic this morning, we have former oh bam in omb director peter or zaszag. Then coming up at 8 30 eastern, we have former vice chair alice rivlin. And aei senior fellow Kevin Hassette. And in other washington news, the federal Housing Administration will likely soon take a cash infusion from the treasury. The agency needs help to cover losses from souring loans. Jcpenney looking to raise as much as 750,000 to 1 billion to build up its cash reserves. The retailer is leaning towards issuing new shares. But other methods of raising capital ...

Saudi arabia online, the lowest cost facility on this planet. And on top of it, there are legacy issues like the one that we are removing this quarter, trying to remove this quarter, with a new initiations. We also have global news today. China consumer inflation picking up more than expected in june. But deflation remains for a 16th straight month. Countrys central bank is seen keeping policy largely neutral in the near term as a result of that. Here say look at the major asian markets today. The nikkei recouping all of the previous days decline, shy of a new sixweek high. There is a boj poli...