Think that ill look at just like our call centers. The difference this time being it happened to those who are participating very seamlessly. Those who arent already in the market i would tend to agree with you that maybe it gives them a reason for pause. But i think that those who are already in the market see it as the benefit of technology and a seamless experience. I totally agree. I can just see the headlines in the conventional press. But make it very clear. This is not a flash crash of 2010. By no stretch of the imagination is that what this is, at all coming up on 1 00 eastern time. The halt continues here at the nyse. Has been in place since 11 32 a. M. This morning. Getting close to some other events as well as we get into the afternoon. Fed minutes are about an hour away. Art cashin says the question the longer this lasts, at what point do the mutual funds have to price their Net Asset Value at the end of the day. Cashin says the percentage of orders in limbo is growing. We
Host the name of the book is the end of big how the internet makes david and goliath. The author is nicco mele and he joins us from boston. Mr. Mele before we get into the substance of your book if you could relate your personal experience to the book the end of big. Tesco i started my life as a Computer Programmer and ended up at the intersection of technology and politics in 2003. I joined howard deans president ial primary campaign. I joined very early in late april of 2003 and was on the campaign from most exactly 12 months from the early days to the very bitter end. My experience as a working for an insurgent candidate led me to think a lot about the role of technology and empowering insurgencies against the establishment. So its really kind of where my folks started. In 2007 and early 2008 we watched the astonishing democratic primary where Hillary Clinton who was the Party Standard error, indeed she and bill clinton built the modern Democratic Party. She lost in the primaries to
Independence. And the u. S. Economy is expected to show one of the biggest gains in hiring in months in april. With companies in all sectors putting out the help wanted signs. Youre watching Worldwide Exchange, bringing you Business News from around the globe. A warm welcome to todays program. We kick off with the latest on manufacturing pmi. Eurozone, april manufacturing pmi, 53. 4, a little higher than the forecast 53. 3. The march manufacturing pmi was 53. German april manufacturing pmi 54. 1, slight tick weaker. French manufacturing pmi 52. 1. Thats better than the 50. 9 expected. So the French Economy continuing to improve. We were very worried about it at the end of last year. Italian april manufacturing pmi, slightly weaker pmi. Euro dollar, at a threeweek high during the session yesterday, around 1. 3890. Very much within the ranges. Joining us for the first part of the show, James Butterfield, globe equity strategist. Thats the latest data out on the eurozone. There are those
Oil, not military. Right. Which is a good thing, for sure. The debate over executive pay takes a new turn today. Maybe youve heard this. Coke reportedly backing away from that controversial plan after comments made by Warren Buffett on this program recently indicating that he was not a fan of that proposal, even though he abstained and didnt vote against it. But would buffett have ever spoken out if not for activist investor David Winters . He was the first to sound the alarm bells about cokes lucrative pay plan for top executives. Dare we call an activist investor a hero . Warren buffett does a lot of homework but not on this company. It was David Winters who brought it up. Thats when buffett went and looked at the proxy and decided he didnt like what he saw. Exactly. Well talk about that a little bit later. Also, he is widely recognized as the best boxer alive today. He is of course, Floyd Mayweather jr. Hell sit down ahead of his big fight saturday night. Well get into that. Bill mi
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