KRCB Nightly Business Report August 16, 2013
Sector is red hot, social media but can the group keep trending in the eyes of investors. Turmoil in egypt. Big American Companies halting operations in cairo, and as the violence escalates, its putting a major defense firms multibilliondollar deal in jeopardy. That and more tonight for friday, august 16th. Another milestone on wall street today but not good. The dow posted the worst weekly decline for 2013 and not only the blue chip struggling, a lousy week. They closed in the red for the second week in a row. What continues to nag investors is conflicting reports about the economy, like toda...