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Time now for the global exchange, where we bring you todays market moving news from around the world. From hong kong to jerusalem, washington to new york, our bloomberg voices are on the ground with todays top stories. In israel, Prime MinisterBenjamin Netanyahu is facing a rare challenge to his lead. I am not sure i would see this day come. Reporter that is very true. Significant. Be it would change israels Political Landscape for the past kud itss and give the li first win in 20. They would have a better chance of forming a government after the third election of the year come march. David thank you so much. To turn to commodities. Oil is extending its gains as u. S. Inventories decline and optimism over a partial u. S. China trade deal grows. Youre right, those are the two drivers hitting oil this morning. Br ....
And the government found a scapegoat. The ahead of tsa security reassigned. The head of the Veterans Administration say they dont check wait times at disney, why should we at va. Best buy, a big hit coming to the stock. Sex, money, politics, what else do you want . Varney company is about to begin. Oh, yes, we do call it the retail ice age. Big named stores clearly struggling, some them at least. The shopping mall, you can say thats threatened. The best one online is best buy. The Quarterly Results beat expectations, good news, but the guidance was incredibly weak for the next quarter. Thats hurting the stock right now. Strong areas where home theater stuff we appreciated with best buy. Appliances and mobile phones and tablets, stock up 8 1 2 since the beginning of the year and its going to get clobbered today because of that weak outlook. You know, is this online ....
This after it hit a new 13year low of 9. 52. Back to you. Adam thank you very much, nicole. And now the latest on Jpmorgan Chase. Ceo jamie dimon met with u. S. Attorney general eric holder on a reported 11 billion settlement over mortgagebacked securities. Were all over this story. Rich edson is reporting from washington, d. C. , Elizabeth Macdonald is working phones here in new york, but first lets get up to speed with rich. Reporter good afternoon. He walked through the front entrance, slipped out the side door in a black suv. Jamie dimon spent about two hours at the Justice Department. Attorney general eric holder says he met with dimon, this following reports jpmorgan and justice are discussing an 11 billion deal in connection with abuses in mortgagebacked securities. At an unrelated press conference, holde ....
eThekwini councillors concerned about meetings not being held, questions over mayor's overseas trip iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.