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About Cloud Computing . That has been one of the hottest topics in the Technology World in the last few years. What kind of chaise just what kind of changes can Cloud Computing brings your life . We are delighted to have as our special guest dr. Tzicker chiueh, the director of the Cloud Computer center to talk about the state of technology and the prospects for his him for his future development. Welcome to the program. But inc. You for having me. Im very glad to be here. Im going to start off with a very generic issue. A lot of people are asking what exactly is Cloud Computing . This is a com...

A resolution on the nations budget or the debt limit. People looking for protection bought gold futures which rose 13 dollars. And oil drift down 42 cents as tensions with iran eased following a phone call between president obama and the president of iran. Blackberrys ceo is said to be leaving the company with a golden parachute worth as much as 55 Million Dollars. And ichan and apple. The billion investor recently revealed his fascination with the tech giant. Reports say ichan is meeting with ceo of apple today. Lets get the trading day started with Mark Sebastian of swan wealth advisors. Goo...

Banks in europe. We have not made sufficient progress. Shares in Alcatel Lucent fall for a second day as the government ramps up the pressure. The Prime Minister urging management to revise its plan. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Okay. Very good morning to you. Very good afternoon. If youre in asia, this is wednesdays edition of Worldwide Exchange. Its hump day, lots to get through today. Of course. And were going to hear from president obama who is going to nomiNate Janet Yellen today to be the next fed chairman b, replacing ben bernanke ...

Shortly after ben bernanke wrapped up his speech. We will get into exactly what he said in a minute. But the homebuilders seem to be kind of impervious to all things bernanke. Gains across the board thanks to strong data on Housing Starts and permits that came out today. They looked pretty good. Oil, though, taking the spill listen, up 2 yesterday. Down more than 2 today. Traders heading for the exits on word and its only word that there may be a ceasefire in all of the tension in the gaza strip. Over the past week, fighting between the israelis and hamas, rockets along the gaza strip, its con...

About an hour and a half later. And then workers told me it was an old pipe about 6 pipe and again normal wear and tear but it will be affecting this neighborhood, about 10 to 50 homes between york and cutter streets and they are not sure when they will be able to restore water to the area. But what they are doing right now is they are trying to drain that sinkhole. Basically they vacuumed down in there trying to drain all the water. They say its tricky because they have to get in at an angle. Once they drain the water there, they say that they are going to cut off that section of old pipe and...