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I do not see American Travel as some kind of a reward for Good Behavior have the cuban government. We are unlikely to see that. It is finally a gettough policy with the cuban government. If i may say, the fy 2014 languages clear about the purpose and authorizations of these programs as well as which agency should be in the lead for their implementation. We intend to follow the law and that case and transition some of those issues to the National Endowment for democracy. The larger policy debate here, but i want to come back to assuring you that we believe our implementation and passed with thi...

Today for the annual running of the bulls. Joe, any interest in doing this . No. Never . Never. Thousands cram into the streets to watch. Some participating and while bulls are seeing red, joe referred to this earlier, the Nobel Prize Winning Economist Joseph Stiglitz has a market message for the bulls there. He is uncomfortable with stock market levels and stiglitz argues that the high levels doesnt signal a high level in the u. S. A very strong stock market price is a symptom of the weak economy, not a symptom that we are about to have a strong recovery to our real economy. I dont think he i...

Fiveday losing streak yesterday. A lot more fed speak on the way today. Europe got some strong confidence numbers in both the u. K. And in italy, although that italian 10year ticking up yet again this morning. Our road map begins with jcpenney. A potential payout to top execs coming in much bigger than expected. 80 million should a sale to a buyout group be completed. And nike share higher premarket after its Quarterly Results outpace expectations. And on this day in 1993, david faber first clicked on his mick cr microphone on cnbc and the rest is history. I wondered if that was coming. Did yo...

Companies with propriety technology, you win. You stick with the one thats commodity and unless its incredibly strong, you get your head handed to you. It plays out every day and today was no different. Sometimes people have a hard time recognizing whats commodity and whats propriet y proprietary. The commodities need to compete on price. The proprieties dont have to compete at all. Starbucks inspires now that evolution has been bought, it brew other drinks that can be found everywhere. Thats all propriety going commodity. The other day dupont signalled it wand to get out of its cash cow divis...

Storms. First traffic. Shot here tweeted by the Palo Alto Police Department Car hit a fire hydrant near Sanford Shopping Center on sand hill road you can see all the water both decks of sand hill road closed both directions of sand hill road closed. No estimated time of opening, a lot of water not certain if that they have that capped yet. The roadway is still flooded. If you go to sanford, no excuses there. San mateo bridge light traffic few brake lights on flat section up the highrise towards foster city, nice drive knew macarthur maze from 580 to east 880 south 80 into the toll a bit of a b...