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Just one thought on the s p and evaluation. Bp cut the dividend yesterday. Now, biggest obstacle to the s p 500, this is one a reporters row yesterday. Wrote yesterday. They are cutting dividends by the most since 2009. I was going to say does that matter. Obviously the market, the index does not seem to be bothered. That, myl of risk is allocation in the United States of america . From the original perspective, but in terms of the shareholder payout, it is for sure all over the world you are going to have buybacks. Japan, it is more of a dividends haven. The fact we have 5 combined yield in the u. S. , 3 buybacks, this is cut by half this year, you are still going to be better off and having some real yield in your portfolio. The yield environment is still raging. To not beo make sure penalized by the slow Interest Rate environment. Great to have you on the show. Lets get the ....
And that we work hard. Rose associate Justice Sonia sotomayor for the hour, next. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose associate Justice Sonia sotomayor is here. She made history in 2009 when she became the first hispanic and the third woman to sit on the Supreme Court. Her story embodies the american dream. She grew up in a Public Housing project in the south bronx. At age seven she was diagnosed with type one diabetes. Her father a factory worker died the following year. She and her younger brother were raised by a single mom who worked long hours just to make ends meet. But adversity did not stop her from ascending to the top of her profe ....
Who may try to overule the agency. And the head of the Letter Carriers Union called the move a disastrous idea that would have a profoundly negative effect. Joining us now is postmaster general patrick donohoe. And welcome to you. You spoke today being in a very scary position financially. How scary . Well, heres where we are right flow. Now. As you mentioned we had a pretty substantial loss last year and those were accounting losses. 11. 1 billion of the 15. 9 is attributed to prepayment for Retiree Health care that we didnt pay. We defaulted. You have to count that in terms of your accounting rules. So what happened last year, when all was said and done, we had a loss of about 2 billion are a little over 2 billion from an operating revenue perspective. The problem that you have Going Forward is each year that wev ....
Captioning sponsored by wpbt this is n. B. R. Susie good evening im susie gharib. Through rain and snow, but not on saturdays. The u. S. Postal service is dropping saturday letter deliveries to save billions. Tom im tom hudson. Fresh pain at the pump. American drivers see a steep jump in gas prices up 15 cents a gallon in the past week alone. Susie and the Federal Reserve says its been hit, by cyber hackers. We look at u. S. Businesses and just how safe their networks are. Tom that and more tonight on n. B. R. susie the u. S. Postal service says this summer it will stop delivering mail on saturdays, ending a service that began 150 years ago. Cutting back to a fiveday a week schedule will save 2 billion. The post office has been losing about 20 million a day, as e mail useage ramps up and mail volume plunges. Congress has required the post office to deliver six days a week, but the postmaster general believes there is a loophole i ....
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