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First of all i tell people we dont build anything, we buy things, first and foremost and we buy them from private industry so our relationship with the private technology sector, the alternative was pride by the soviet union which works out well. It is always been our relationship with private industry that has been the channel through which we got the best technology. That has to be different in todays world and that is what im trying to adjust to in the world where i began where bill was. In those days the technology of consequence was mostly american. Must much of it was governmentsponsored...

Inch of rain today. In addition to that water that has been falling from the sky weve got water piling up along the shore. So we still have that coastal Flood Warning in effect until 1 oclock on saturday morning. Moderate flooding expected between 7 30 and 9 30 tonight along the ocean side. About an hour or two later in the bay and then an advisory up through philadelphia where were seeing some of that flooding due to the Delaware River once it hit that is high tide. As we take a look at the headlines here as were he go into the upcoming weekend some gradual improvement. Nice for mothers day a...

You can see . Morning the nasdaq is indicated higher by about 22 points. Nearing correction territory. Wti trading up about 3 . A pop of 1. 34 to 45. 12. Among the reasons for the surge in prices escalated fighting in libya thats disrupted production there. Some canadian pipelines shut down as the precaution after a wild fire shut down the oil city of forth mcmurray in canada. Weekly jobless claims forecast. James bullard is in Southern California today to speak about the economy and monetary policy. And alibaba and merck reporting results before the opening bell and also news corp, square and...

It seems the ecb is cornered because they have to remain credible. They have promised more. They can do three things to deliver. What will they do . Tom some early stage ands about what the ecb can do. Guests as youreat know, mind up. Lets get to the first world news. Reporter thank you. The European Central bank has a challenge today. It has to be shown he is ready to use stimulus. He has said it is too early to decide whether to expand. Meanwhile, the Economist Survey by bloomberg critics predicts the ecb will keep rates of the same. China says they will invest more than 9 billion in the Fir...

Taking you on the road to the white house. At the oversight role of congress and u. S. Intelligence and National Security manners matters. David sanger of the New York Times moderates this discussion. And welcomemorning to day two. We continue our examination of the state of u. S. Intelligence thosehe perspective of who provide oversight from congress. Congress plays a Critical Role in ensuring the health and operation of intelligence. The house are meant select Community Committee on intelligence [indiscernible] we are pleased to have congressman devin nunes and the ranking minority member co...