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And cofounder Roger Mcnamee good morning to everyone the pressure against big tech is not letting up uk Prime Minister theresa may making news saying her cabinet is considering regulating facebook, news organizations this has facebook ceo Sheryl Sandberg prepares to make a trip to capitol hill. Google, twitter set to testify next month roger, in this new oped youre asking them to go further. Mark zuckerberg, if he wants to earn our trust an forgiveness must personally earn it what do you mean by that i think the big issue were dealing with, carl, is that the people who are on facebook are on facebook because they love to have their views reinforced. Its for the just about family photographs, its not just about vacation photographs a lot is about being around the same people who believe the things we do. One of the challe ....
Since may. As we said, big beats from cat, 3m and utx zpl global same sales closing 6 for mcdonalds. And pipeline concerns before the ten orders again shipments may only be half of what was expected. Stocks are poised for a strong open help the by results dow components and caterpillar and others, a significant increase in demand for Construction Equipment, 3m and utx beat on the top and bottom line and upbeat guidance for the full year those are going to be the stars today. Some of pretty amazing, caterpillar appepared back the workforce. Its almost as if they pared exactly the right time when orders explode, you get that leverage and youre seeing earnings weve been waiting for caterpillar i would say since 1983 or 84, finally getting the breakout 3 m chugging forward greg haze, great organic growth. I dont want to overlook this Stanley Black and decker, tools up 9 . ....
The world. And i have to say i personally was shocked to see that the journal would publish Something Like this, when we had sent them over a thousand pages of documentation demonstrating that the statements in their piece were false. Bill george is Harvard BusinessSchool Professor and cnbc contributor. Jeffrey sonnenfeld is associate dean with yale school of management. Great to have you with us. Collectively, including jeff who is going to join us soon, you called the science into question, you called the company a scam. You called the ceo a bad actor. A lot of ground to cover here. Lets start off with you. You equate Elizabeth Holmes with the likes of mike pierson, the outgoing ceo at valeant and Martin S ....
Pelley and Steve Hartman on the road. Their burden was heavy but their yolks have made it lighter. Captioning sponsored by cbs this is the cbs evening news with scott pelley. Pelley good evening. Five years after the financial meltdown, money is pouring back into the stock market. Have a look at whats happened the benchmark s p 500 closed above 1500 today for the First Time Since december of 2007. And the dow, which topped 14,000 in october of that same year before dropping to 6,500 in 2009, closed today at 13,895 just 268 points short of an alltime high. So far this year the dow is up 6 , the best start to a year in a quarter century. It is a remarkable recovery. Anthony mason is at the davos meeting of world bankers in switzerland and, anthony, whats behind the surge . Reporter well, scott, its been fueled by the improving economic picture. New numbers out today show that ....