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President obama has officially nominated Ashton Carter to be the next secretary of defense. His task is to make the military more efficient. Going forward, our armed forces are necessarily going to need to be leaner. As commanderinchief, i will make sure we have a military that is second to none and that continues to be the greatest critic the greatest fighting force in the history of the world. He was the number two civilian at the pentagon and has expense and budgeting and buying weapons systems. Cisco systems is suing a rival rista networks for patent infringement. They say the Networking C...

Many republicans are staunch supporters of the surveillance program. The ceo says the Solar Power Company has seen a growth rate for each of the last eight years. He spoke about disrupt tang the business. The utilities do not like it that much. They would prefer the captain to not have any other choice. If you can maintain a monopoly, you can maintain your pricing. The committee is chaired by his cousin, elon musk. And a new stake in aol comes as yahoo announces a possible combo with aol. The fund bought 1. 9 2 million shares of aol during the third quarter. Now to our lead. Alibaba has raised...

Author journalist and thoughtprovoking or malcolm gladwell. In your idisk book your argument is that disadvantages can become advantages and create opportunities. You speak with cancer researchers, civil rights leaders. What can a tech ceo take from this message . Adversity is the best teacher. It is a more efficient way of learning crucial skills than applying advantages. For those were willing to face up to the challenge, adversity is extraordinarily powerful. It is a faster way to get from a to b then coming to the table with all kinds of advantages. Who do you see as the davids and goliath...

House correspondent Phil Mattingly joining me here in new york, following development as the u. S. Government prepares to say north koreas behind the cyber attack on Sony Pictures. Click last night, president obama said americans should go to the movie theaters, but behind the scenes at the white house there are serious reverberations about what has been going on with sony. There have been a series of meetings between the president S National Security team, Law Enforcement officials, and intelligence officials as well. That u. S. Sion investigators have determined that the north cream governme...

Committed this abominable attack yesterday. Meanwhile, france had a nationwide moment of silence today. One million copies of its recent addition in defiance of the attack. Job cuts are coming at two Major International companies. Cocacola will be cutting 1800 jobs of its workforce as it tries to reduce cost. They are trying to cut 3 billion in annual costs. Meanwhile, Standard Chartered is throwing in the towel on its equities business cutting up to 4000 jobs in the Consumer Banking unit. They are under pressure to slash costs and return to profitability. California senator Barbara Boxer says...