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Is the verdict of the child sony chief executive as he speaks out for the first time about the cyber attack prompted by the interview. Welcome to countdown. Lets start with the global selloff that is characterized at the start of the trading year. Asian stocks fell the most in seven weeks aided by the decline of crude and the fragility of the eurozone. In the u. S. , the price of wti crude fell below 50 a barrel for the First Time Since 2009. Energy companies have been the biggest losers in the selloff which is wiped out more than 1 trillion of equity verio value. The head of the election is i...

Governments are ready to slap rusher with more economic sanctions, prohibiting the export of Energy Restoration technology, and russian response says the penalties are not working. The sanctions are not working in political terms. They might be having an effect on both sides in the economic area but not politically. Well economically, you just saw russia cut their Interest Rates. Talks are set to continue in belarus over the count conflict in ukraine. The treasury 10 year yields fell three basis points in london. In the u. S. , s p futures falling along with the dollar. This is ahead of the gd...

Morning. Five banks have been hit with major fines. Kayla tousche joins us on set with some of the details. This is the settlement weve been speccing for weeks, for months. An 18month investigation by authorities in the uk as well as the uk as well as switzerland have announced a joint settlement with five banks, urging them to pay more than 3 billion to settle charges of key Foreign Exchange rates in the 4 00 hour is when most of the activity, according to the press releases, happened. Its going to be a costly one for many of these banks. Ubs will pay the most at about 800 for a threeway sett...

Investigation for processing transactions for iranians and sunnis, violating sanctions. The police are using showcasing stew find a person who opened fire on two officers in ferguson, missouri, last night. One of them was shot in the face. They were shot outside the police station. Both have been released from the hospital. We know those two officers took a very hard hit. Any time you take a bullet to the face and have a bullet lodged in your head one going through the middle of your right back by gods grace, we did not lose two officers last night. Cory this is one day after Thomas Jackson re...

Revenue little changed at 12 billion while profit rose slightly to 2 billion. The ceo says Revenue Growth in the Data Center Chips and the internet of things helped offset slumping demand of pcs. Shares are up in afterhours trading. President obama is going to drop cuba from the list of nations that sponsor terrorism. The president notified congress about the move today. It had been a Sticking Point as the u. S. And cuba try to normalize relations. It comes just days after obama met with cuban president raul castro, the first formal meeting between the u. S. And cuban leaders in more than 50 y...