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what's the next step eamon? >> reporter: one of the interesting questions here among the people who look at this black market for information is whether or not the massive amount of information from this hack that could become available on the black market is going to drive the price down following the old fashioned law of supply and demand in the black market. will those health records now be sold for a lot less than they were sold for before now so much more potentially coming to the black market? that could be unintended consequence for the people who actually did the hack if they try to sell it. >> eamon, thank you very much. eamon javers in washington. >>> the bulls were out in force today. the benchmark index now positive for the year as oil prices rebounded. earnings, decent and phi sor entered into a $7 billion deal. we'll tell you about that in a moment. dow jones tacked on 211 points. finished at 18,884. nasdaq up 8 points and s&p higher by 21. as for oil, many traders expect the volatility to continue
what's the next step eamon? >> reporter: one of the interesting questions here among the people who look at this black market for information is whether or not the massive amount of information from this hack that could become available on the black market is going to drive the price down following the old fashioned law of supply and demand in the black market. will those health records now be sold for a lot less than they were sold for before now so much more potentially coming to the...
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good evening, eamon. >> reporter: good evening, sue. i spoke to john carlin at the expect department of justice earlier today. the message for wall street is that spies are out there and that multiple foreign intelligence services are operating intelligence operations on wall street right now. i asked him what they're trying to gain by all of this. here's what he had to say. >> they want to figure out if there are ways in the short-term it may be individuals who work with an intel service but have a private motive and want to make money off what they learn from the stock exchange like regular crooks. could be they're mapping it out. in the event one of the nations as a conflict with the u.s. they could disrupt what we value greatly, our financial sector. it's security. and third, just be general intelligence to inform the strategies of our adversaries. >> reporter: and sue, carlin also said he wants wall street ceos to work with the fbi and the department of justice if they have suspicions that anybody on their team is working with a fo
good evening, eamon. >> reporter: good evening, sue. i spoke to john carlin at the expect department of justice earlier today. the message for wall street is that spies are out there and that multiple foreign intelligence services are operating intelligence operations on wall street right now. i asked him what they're trying to gain by all of this. here's what he had to say. >> they want to figure out if there are ways in the short-term it may be individuals who work with an intel...
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. >> eamon javers has more from washington now on this new cyber security initiative so eamon, how is this new cyber center going to be different from the cyber defenses that the government has now? >> reporter: that's the key question here sue. in one way, it has a new name. called the cyber threat intelligence integration center and that word integration, is sort of the key here. the u.s. government has a lot of cyber monitoring devices and centers right now in place. in fact president obama last month went to a cyber center at the department of homeland security. this one though is in charge of integrating the intelligence coming from all the different apparatus. the fbi, nsa, different parts of the national intelligence infrastructure. that will be a one-stop shop for government officials in figuring out what's going on in cyber space. >> governor everett tried anything like that before? >> reporter: they have. they're modelling this on the anti-terrorism side of the front. by having an integration center where they pull all of this information together and send it to government o
. >> eamon javers has more from washington now on this new cyber security initiative so eamon, how is this new cyber center going to be different from the cyber defenses that the government has now? >> reporter: that's the key question here sue. in one way, it has a new name. called the cyber threat intelligence integration center and that word integration, is sort of the key here. the u.s. government has a lot of cyber monitoring devices and centers right now in place. in fact...
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a bit of a frosty relationship with business being lost. >> eamon javers thank you. in washington. >>> chesapeake is the latest energy company to cut back because of slumping crude prices. that's where we begin tonight's market focus. reported lower than expected earnings and would cut the rig count. the stock today, one of the worst performers in the s&p 500. down 9.5% to 17.98. soda stream quarterly profit topping estimates, lowering expenses. offset a drop in revenue but investors couldn't overlook that. sales drop for at home in the u.s. also a weakening euro to dollar exchange rate hurt revenues. sizzled down 9% to $17.25. shares of lumber liquidators after the company may face criminal charges from the department of justice for allegedly importing illegally harvested wood. the chain also said it will be the subject of a negative profile on an upcoming evidence of cbs's "60 minutes." adding to the bad news the hardwood flooring makers missed on both top and bottom lines. not a good day for lumber liquidators. look down there. 26% of 50. 63. >>> american express
a bit of a frosty relationship with business being lost. >> eamon javers thank you. in washington. >>> chesapeake is the latest energy company to cut back because of slumping crude prices. that's where we begin tonight's market focus. reported lower than expected earnings and would cut the rig count. the stock today, one of the worst performers in the s&p 500. down 9.5% to 17.98. soda stream quarterly profit topping estimates, lowering expenses. offset a drop in revenue but...
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as eamon javers reports, the vote itself was divisive and contentious. >> this is what democracy looks like! >> reporter: it was the end of a long hard fought battle over the future of the internet as the fcc commissioners voted 3-2 to pass new rules that would block internet companies from charging more money to certain web sites or slowing speeds for others. >> the ayes have it. >> reporter: before a standing room crowd, the fcc for the first time voted to regulate the internet like a utility and to enforce so-called net neutrality. the fight pits some big content producing firms like netflix and twitter against some of the big internet broadband service providers like comcast and time warner cable. it's also provoked sharp division here on the commission itself. >> internet has become a powerful force for freedom here and around the world. so it's sad to witness this morning the fcc's unprecedented attempts to replace that freedom with government control. >> reporter: but the deciding vote came from fcc chairman tom wheeler who had been prodded along by president obama earlier this
as eamon javers reports, the vote itself was divisive and contentious. >> this is what democracy looks like! >> reporter: it was the end of a long hard fought battle over the future of the internet as the fcc commissioners voted 3-2 to pass new rules that would block internet companies from charging more money to certain web sites or slowing speeds for others. >> the ayes have it. >> reporter: before a standing room crowd, the fcc for the first time voted to regulate the...
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eamon javers spoke with the department of justice assistant u.s.neral for national security john carlin. eamon. >> i talked to john carlin this morning in the wake of that russian spy ring takedown just last week. the department of justice now has a new warning for wall street saying that foreign intelligence services are active on wall street and they want the secrets inside wall street firms. i started by asking carlin just what those russian spies that were busted -- alleged russian spies that were busted last week were looking for. take a listen. >> they're trying to map out everything they can about how the stock exchange works and to gain financial intelligence and they're trying to do that for a variety of purposes but the message to our firms ought to be clear. they want what you have. >> what other foreign intelligence services are active on wall street? >> so i'm want going to name the names of the other foreign intel services, but i will say it's not just the russians. >> if you can't name the names, how many do you think are out there?
eamon javers spoke with the department of justice assistant u.s.neral for national security john carlin. eamon. >> i talked to john carlin this morning in the wake of that russian spy ring takedown just last week. the department of justice now has a new warning for wall street saying that foreign intelligence services are active on wall street and they want the secrets inside wall street firms. i started by asking carlin just what those russian spies that were busted -- alleged russian...
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eamon, why -- week after week now, this kind of stuff is happening. what is going on?> part of it is basic economics. this is black market economics. turns out that health care records are a lot more valuable to the hackers when they sell them on the black market than other data including credit card records. i talked to the smart folks at phish labs who monitor this stuff and they tell me a health record now can be sold on the black market on the internet for between $25 and $250 per record and that really depends on the level of involvement of the data, how much other data they can link to the health care record like your credit card information. the credit card data only sells for about $1 to $5 a pop. the health care data they stole allegedly in the recent hack much more valuable. what do they do with it? turns out a lot of it is insurance fraud including things like crooks filing basic false claims with insurance companies using the data that they have stolen and also, they are selling this information to sick people overseas who then come to the united states wit
eamon, why -- week after week now, this kind of stuff is happening. what is going on?> part of it is basic economics. this is black market economics. turns out that health care records are a lot more valuable to the hackers when they sell them on the black market than other data including credit card records. i talked to the smart folks at phish labs who monitor this stuff and they tell me a health record now can be sold on the black market on the internet for between $25 and $250 per record...
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eamon javers to flip this back to you, i'm sorry, eamon is clear, bring it back to you, is that one of main concerns here about who ultimately as you say, you know, we have to assure we don't stump the industry, when you get robbed you call the police, talk about the equivalent as you see it? >> yeah. the point -- what we have today when you get robbed you call the police, a cyber threat you call the fbi, the fbi says you want to talk to private folks to help you. we need a better way of addressing that. the answer cannot be put the liability on the software maker. that's like saying i'll put it on rolex if the watch gets stolen rolex is responsible. that doesn't help us. >> is this going to be the domain of the big players who are already well capitalized like the names we've mentioned already or still room for start-ups to move in? >> plenty of room. i mean there's a lot of innovation waiting to happen. there's great companies like palo alto networks and fireeye leading the way but a lot of the really interesting things are still happening, the start-up stage. we have companies like
eamon javers to flip this back to you, i'm sorry, eamon is clear, bring it back to you, is that one of main concerns here about who ultimately as you say, you know, we have to assure we don't stump the industry, when you get robbed you call the police, talk about the equivalent as you see it? >> yeah. the point -- what we have today when you get robbed you call the police, a cyber threat you call the fbi, the fbi says you want to talk to private folks to help you. we need a better way of...
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for "nightly business report," i'm eamon javers in rockville, maryland. >>> well farmers are buying less equipment and that is weighing on john deere and that is where we begin tonight's market focus. the tractor maker lowered sales outlook predicting the stronger dollar hurts sales already suffering from a slump in machine demand. this is declines in cuts in tax incentives make farmers less inclined to buy new gear. despite the warning, results did top estimates and that's one reason why. shares up to $93.43. ann said in a regulatory filing that it was reviewing its strategic options. shares popped almost 5% to $36.76. oil and gas slashed capital budget to cut back production plans for the year amid tumbling energy prices. the company also swung to a loss in the fourth quarter. still, the stock was up more than 1% to $28.06 today. rough day for shares of rocket fuel. the digital ad company loss widened sharply in the fourth quarter as costs surge that offset higher revenues. shares plunged almost 27% to $10.82. >>> call it the new industrial revolution. billions of dollars spent on maki
for "nightly business report," i'm eamon javers in rockville, maryland. >>> well farmers are buying less equipment and that is weighing on john deere and that is where we begin tonight's market focus. the tractor maker lowered sales outlook predicting the stronger dollar hurts sales already suffering from a slump in machine demand. this is declines in cuts in tax incentives make farmers less inclined to buy new gear. despite the warning, results did top estimates and that's...
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but as eamon javers reports, some big tech ceos were no-shows. >> reporter: a clash of cultures today at stanford university in tech sentron silicon valley for the summit. some of the biggest names in technology were conspicuous no-shows including ceos of facebook google and yahoo. continuing fallout from the edward snowden spying revelations. despite that tension between the east and west coast, the president signed an executive order to encourage more cooperation between the private sector and government. and he told his audience the country needs to come together to deal with a common problem. >> foreign governments and criminals are probing these systems every single day. we only have to think of real life examples. air traffic control system going down. and disrupting flights or blackouts that plunge cities into darkness. to imagine what a set of systemic cyber attacks might do. this is also a matter of public safety. >> reporter: also here tim cook the ceo of apple. >> if those of us in positions of responsibility fail to do everything in our power to protect the right of privac
but as eamon javers reports, some big tech ceos were no-shows. >> reporter: a clash of cultures today at stanford university in tech sentron silicon valley for the summit. some of the biggest names in technology were conspicuous no-shows including ceos of facebook google and yahoo. continuing fallout from the edward snowden spying revelations. despite that tension between the east and west coast, the president signed an executive order to encourage more cooperation between the private...
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eamon javers in washington. >> hi, carl. op-ed appearing in "wired" magazine on wired.com right now in the op-ed, ftc chairman tom wheeler is going to use his au thoorts to propose regulating the internet under title 2 authorities of the fcc. that's been a long anticipated decision triggered by some comments publicly that president barack obama made back in november. now, the fcc saying that they will use this regulation to enforce net neutrality. on the surface that would appear to be a win for the internet companies and not so much for the internets service providers but an important nuance here, in the op-ed, wheeler saying he wants to modernize title 2 so that it doesn't have onerous repercussions for the companies in the business of providing broadband service and is going to apply it to mobile as well. so a lot of new nuance here in the op-ed and obviously something that a lot of people need to start taking a look at, carl. >> very interesting. eamon. we were looking at the stocks moving on the back of this. major cabl
eamon javers in washington. >> hi, carl. op-ed appearing in "wired" magazine on wired.com right now in the op-ed, ftc chairman tom wheeler is going to use his au thoorts to propose regulating the internet under title 2 authorities of the fcc. that's been a long anticipated decision triggered by some comments publicly that president barack obama made back in november. now, the fcc saying that they will use this regulation to enforce net neutrality. on the surface that would...
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eamon javers in washington. that anthem hack isn't just another hack. being promised and it's heating up "the hot list." also new balance betting big on soccer taking on nike and adidas. we will talk to the ceo of the athletic shoe company about the soccer deal expansion and, oh, yes, wearables, after this. they're coming. what do i do? you need to catch the 4:10 huh? the equipment tracking system will get you to the loading dock. ♪ there should be a truck leaving now. i got it. now jump off the bridge. what? in 3...2...1... are you kidding me? go. right on time. right now, over 20,000 trains are running reliably. we call that predictable. thrillingly predictable. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. >>> it was a huge week for wall street, even
eamon javers in washington. that anthem hack isn't just another hack. being promised and it's heating up "the hot list." also new balance betting big on soccer taking on nike and adidas. we will talk to the ceo of the athletic shoe company about the soccer deal expansion and, oh, yes, wearables, after this. they're coming. what do i do? you need to catch the 4:10 huh? the equipment tracking system will get you to the loading dock. ♪ there should be a truck leaving now. i got it. now...
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thank you very much, eamon. appreciate it. >>> to dominic chu for a market flash. >> check out what's happening on the cybersecurity theme. this is an internet security firm. the stock moving to the upside on news it has been hired to help anthem investigate its massive cyberbreach. shares up by 4.8%. also some bullish analyst commentary on one of their divisions that does a lot of forensic work with who perpetrates cybertheft. back over to you guys. >> thank you very much. massive diplomatic push announce dad announceed today to try to end the war in ukraine. it comes as the currency plunges. that is an understatement. >>> go pro stock down 50% since touching an all-time high in october. the camera now getting -- camera maker getting ready to report earnings in a few hours. [chris]still smoking up a storm? [tom]yeah.pathetic,isn't it? [chris] ever try to... [tom] quit?of course! my best time was six days. the worst was ...uh...23.4 seconds. [chris] so can i ask you... [chris & tom] why are you still smoking? [t
thank you very much, eamon. appreciate it. >>> to dominic chu for a market flash. >> check out what's happening on the cybersecurity theme. this is an internet security firm. the stock moving to the upside on news it has been hired to help anthem investigate its massive cyberbreach. shares up by 4.8%. also some bullish analyst commentary on one of their divisions that does a lot of forensic work with who perpetrates cybertheft. back over to you guys. >> thank you very much....
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alex: eamon. who are the chicago bears? yes. can i "keep" it? for $200.
alex: eamon. who are the chicago bears? yes. can i "keep" it? for $200.
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back to eamon javers at the nasdaq surveillance site.would call it looking for fraud and high frequency trading. i don't know if i'm telling tales out of school but you were responding to what the gentleman was talking about of what they were finding and the actions they were bringing against companies. >> i was shaking my head a little bit listening to ed knight because i'm sure they have sophisticated systems but given everything we heard in the loost last year 15 cases in three years and fines in the order of magnitude of millions sountz low sounds low to me. have you heard that from other market watchers you talk to? >> one of the big criticism of self regulation and self monitoring by the exchanges is they have a built in conflict of interest that's difficult to get around. a lot of folks they're monitoring are their customers. outsiders will question whether or not nasdaq is doing enough or built to do enough to monitor their own customers and potentially damage its own profits. i asked ed knight about that and what he said is they
back to eamon javers at the nasdaq surveillance site.would call it looking for fraud and high frequency trading. i don't know if i'm telling tales out of school but you were responding to what the gentleman was talking about of what they were finding and the actions they were bringing against companies. >> i was shaking my head a little bit listening to ed knight because i'm sure they have sophisticated systems but given everything we heard in the loost last year 15 cases in three years...
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our eamon javers joins us next. when the moment's spontaneous, why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a free 30-tablet trial. there's a gap out there. that's keeping you from the healthcare you deserve. at humana, we believe the gap will close when healthcare gets simpler. when frustration
our eamon javers joins us next. when the moment's spontaneous, why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink...
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eamon javers is there. what do we expect from the president this afternoon? >> the president is going to talk about his executive order on cyber security. he will sign this executive order here at stanford university in palo alto the heart of sell convalley. it's really about sharing information between the private sector and the government. >> that sort of thing. that's a little bit of a new look at some of the capabilities of apple pay. we're expecting to hear the president a little bit later. we just saw the white house press pool come in. that's always a sign that the president is here on the premises. we'll wait to see what he has to say, guys. >> all right. eamon, we'll look forward to that. thanks very much. brian. >> all right sarah. thank you very much. we got so much more here live from galveston, texas, including one of the biggest restaurant owners in america that owns a bunch of resorts right here in galveston. the conference center, the golden nugget casino chain. a man with his finger on the pulse of the consumer probably unlike any other. comi
eamon javers is there. what do we expect from the president this afternoon? >> the president is going to talk about his executive order on cyber security. he will sign this executive order here at stanford university in palo alto the heart of sell convalley. it's really about sharing information between the private sector and the government. >> that sort of thing. that's a little bit of a new look at some of the capabilities of apple pay. we're expecting to hear the president a...
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eamon, thank you so much this afternoon. our eamon javers in california. white house senior adviser valerie jarrett, speaking with us in the next hour of the show reacting, of course, to all of this. be sure to catch that one coming up. >> just about 20 minutes to go before the closing bell. the dow jones industrial average is just off its high here and the important thing is we're looking at the s&p 500 as of now we are set to close at historic highs. >>> up next tech picks you can't afford to miss. wall street's top pros name names of what they're buying. >> later when jamie dimon talks everybody listens. wait until you hear dimon thinks we should get young people ready for the workforce. >>> plus our all-star panels weigh in on whether his ideas will gain traction. and i get a lot in return with ink plus from chase. like 60,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel,
eamon, thank you so much this afternoon. our eamon javers in california. white house senior adviser valerie jarrett, speaking with us in the next hour of the show reacting, of course, to all of this. be sure to catch that one coming up. >> just about 20 minutes to go before the closing bell. the dow jones industrial average is just off its high here and the important thing is we're looking at the s&p 500 as of now we are set to close at historic highs. >>> up next tech picks...
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eamon javers is there this morning.d to start meeting at 10:30 eastern time at the fcc in order to pass rules and expected vote on new title two regulation of the internet. title two is the fcc's authority to regulate sort of like a utility in which case they're going to have several rules that will prevent internet broadband. providers from having paid prioritization. that would be charging consumers and companies more for selective access to internet broadband to push out their content a little bit faster than the competition. that's something a lot of internet companies like netflix and twitter have rallied against. and it looks like those new rules are going to go into place later on this afternoon. this is something that president obama pushed hard. and now fcc chairman tom wheeler has announced new rules that will do in essence what president obama wanted. not without a lot of debate and a lot of lobbying here in washington, d.c., though guys. you can imagine the big internet broadband providers were not happy wit
eamon javers is there this morning.d to start meeting at 10:30 eastern time at the fcc in order to pass rules and expected vote on new title two regulation of the internet. title two is the fcc's authority to regulate sort of like a utility in which case they're going to have several rules that will prevent internet broadband. providers from having paid prioritization. that would be charging consumers and companies more for selective access to internet broadband to push out their content a...
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eamon, thank you very much. we will watch later today.as just going to say it's all about keeping markets as clean as possible. what they say here is that if they have those clean markets, you build up investor confidence. and this entire effort is about demonstrating to the public that the markets are fair and trustworthy. >> okay, eamon. thank you for that. we will keep watching. >>> crude has continued a pretty wild ride. although came down and it's just down. snapping a two-day losing streak. joining us now is steven schork. we're just going to wipe clean any of the -- any history that we might have pointed to to say that maybe you didn't correct the call. let's just wipe it clean. you can start new. >> thank you. >> well, we can't find anyone that actually -- and it would have been hard to predict, obviously. but where do we go from here? >> well right now for the past two months we've been at $50 plus/minus $4 on either side. in that time volatility has more than doubled from about 39%. which is about $1.50, $1.60 per barrel per day
eamon, thank you very much. we will watch later today.as just going to say it's all about keeping markets as clean as possible. what they say here is that if they have those clean markets, you build up investor confidence. and this entire effort is about demonstrating to the public that the markets are fair and trustworthy. >> okay, eamon. thank you for that. we will keep watching. >>> crude has continued a pretty wild ride. although came down and it's just down. snapping a...
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eamon jabbers.ck on power lunch, the white house just announced details today of a new cyber security center in the wake of the sony pictures entertainment hack. i'll have all the details on power lunch. >>> i'm sue herrera. you might call this the day of hacking because we now have word that anthony noto who is twitter's cfo, had his twitter account apparently hacked. there had been hundreds of nonsensical messages or tweet that is have been put out. we did contact our julia -- contacted twitter. they say they are aware and are working to delete those tweets. when asked what caused the issue, twitter told julia that it was premature to comment at this time. can't say that's necessarily a coincidence that a big cyber security -- once again, anthony's twitter cfo, apparently his twitter feed has been hacked and a lot of -- hundreds fshlg twug of nonsensical tweets have been going on fwiter. >> i'm just looking at an those ae twitter feed. this is funny. omg. when did you do this? >> i love that pictu
eamon jabbers.ck on power lunch, the white house just announced details today of a new cyber security center in the wake of the sony pictures entertainment hack. i'll have all the details on power lunch. >>> i'm sue herrera. you might call this the day of hacking because we now have word that anthony noto who is twitter's cfo, had his twitter account apparently hacked. there had been hundreds of nonsensical messages or tweet that is have been put out. we did contact our julia --...
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eamon javers live in d.c. with more on what we can expect.ng, simon. it's a cold day here in washington, d.c. most of those protesters out here a little while ago have gone inside got a couple of stragglers here. they're going to watch for this vote on net neutrality later on this afternoon. just under way here inside the fcc. what we're expecting is a vote here that's going to pass by democratic votes in the fcc on net neutrality. what they're doing is using title ii authority to regulate the internet as if it was a utility. so they're telling big internet service providers here that they can't do things like throttle or provide fast lanes for specific web companies to get faster access to their customers. that's something that big companies like comcast, parent company of this network, have been opposed to and fighting in a lobbying battle. looks like they will lose at the fcc this afternoon and the vote will have to wait and see when the vote comes, exactly how it goes down. after that about a three-month period before the new policy becom
eamon javers live in d.c. with more on what we can expect.ng, simon. it's a cold day here in washington, d.c. most of those protesters out here a little while ago have gone inside got a couple of stragglers here. they're going to watch for this vote on net neutrality later on this afternoon. just under way here inside the fcc. what we're expecting is a vote here that's going to pass by democratic votes in the fcc on net neutrality. what they're doing is using title ii authority to regulate the...
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Feb 26, 2015
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joining me now is eamon javers. what is the fcc voting on today?on this net neutrality proposal and what that means is the company's big internet broadband providers, like comcast, would not be able to charge differential access fees so things like throttling or creating fast lanes on the internet for high paying customers or slow lanes for lower fees. all of that would be regulated now by the fcc under their so-called title 2 authority. it would regulate the internet like they do other utilities. that's something that is controversial. a lot of those companies, including comcast, have been lobbying very hard against it but clearly the fcc seems poised now within the day-to-day to pass these new rules. they are supported by president obama and democrats on capitol hill. it's become a political issue but really a hot button each in the technology issue as well jose. >> give us a sense of outcomes for consumers here. >> under these rules, consumers will see an internet a lot like the one that they see right now. probably not as much change. if the ne
joining me now is eamon javers. what is the fcc voting on today?on this net neutrality proposal and what that means is the company's big internet broadband providers, like comcast, would not be able to charge differential access fees so things like throttling or creating fast lanes on the internet for high paying customers or slow lanes for lower fees. all of that would be regulated now by the fcc under their so-called title 2 authority. it would regulate the internet like they do other...
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Feb 25, 2015
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this is an actual brit award designed by tracy eamon this year. it's rather heavy. it seems fragile. good luck getting that one home in one piece. >>> it looks like we're heading towards the toilets but in fact we're heading towards the artists spa. this is the lady who created the backstage area and an area where people come if they want to be a bit pampered. >> it's become the spot people look to for a beauty treatment backstage or entertainment waiting to go upstage. >> reporter: you're hoping madonna will stop here? >> yes. >> a you gar rushsugar rush? >> when people stop by they can have one. >> reporter: what's your favorite? this one >> this one. >> reporter: thank you. >> they can come in for a hairstyle. >> reporter: nice. like it. >> this is really popular. >> reporter: who can you remember has passed through in the past few years and it's early. early. >> one that's not in it anymore. >> reporter: this is all we're allowed to show you of the main arena as organizers want to keep the stage a secret until tonight. we did stop into this dressing room. verdic
this is an actual brit award designed by tracy eamon this year. it's rather heavy. it seems fragile. good luck getting that one home in one piece. >>> it looks like we're heading towards the toilets but in fact we're heading towards the artists spa. this is the lady who created the backstage area and an area where people come if they want to be a bit pampered. >> it's become the spot people look to for a beauty treatment backstage or entertainment waiting to go upstage. >>...
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Feb 23, 2015
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let's go to eamon live with the protection plan.let's go to john yang at the mall of america. john. >> it's business as usual here at the mall of america. people are doing their shopping. the store managers i talked to say the crowds are about normal. no change over the weekend. there is some security. it's not overwhelming. message boards telling people if they see something, say something. earlier we talked to a gentleman from kansas who had been here for a shopping weekend, and he says he says americans are getting tired of all these threats. >> i mean it's something to keep in the back of your minds, but really it's just a bunch of scared people in the middle east trying to cause something here. didn't work. sfroo one reason for the concern here at the mall of america in minneapolis is the home to a large somali immigrant community, and some of those immigrants have actually gone back according to analysts. maybe as many as a couple of dozen to enlist in al shbaab and even in isis. today the somali community joint leadership iss
let's go to eamon live with the protection plan.let's go to john yang at the mall of america. john. >> it's business as usual here at the mall of america. people are doing their shopping. the store managers i talked to say the crowds are about normal. no change over the weekend. there is some security. it's not overwhelming. message boards telling people if they see something, say something. earlier we talked to a gentleman from kansas who had been here for a shopping weekend, and he says...
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Feb 3, 2015
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. >> eamon javers thank you. eamon in washington.th credit agency firms since the crisis. andrew stultman says not nearly enough. andrew, good to see you again. so nothing has changed? >> no, no nothing has changed. look, this is nothing more than a slap on the wrist for the rating agencies. it is literally a cost of doing business. and you know what business wouldn't give up one year of profit to be able to keep 20 or 30 years' worth of profits. this activity was very profitable for s&p and nothing is going to change. it truly is just a slap on the wrist, kelly. >> david, we should mention mcgraw-hill shares were up 3.5%. moody's as well up 3% and they may be coming next in terms of the settlements because a lot of this is is it just retaliation for downgrading the u.s. government. >> i want to know when is the government going to get its fine for the late 1990s and perhaps even today when we put individuals into homes that they can't afford? and the federal government had a huge part in that effort in the late '90s and they're star
. >> eamon javers thank you. eamon in washington.th credit agency firms since the crisis. andrew stultman says not nearly enough. andrew, good to see you again. so nothing has changed? >> no, no nothing has changed. look, this is nothing more than a slap on the wrist for the rating agencies. it is literally a cost of doing business. and you know what business wouldn't give up one year of profit to be able to keep 20 or 30 years' worth of profits. this activity was very profitable...
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Feb 3, 2015
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eamon. sue down to you. >> such a horrible story. oil rallying again. erasing its losses now for 2015. we showed you the numbers before, but they're worth looking at once again with west texas intermediate up almost 5%. ice brent crude up 3 3/4%. crude prices have sujed in the past four days. check out gasoline. up in the past seven days after being down for the past 120 days. prices up 14% in the past week. has oil finally bottomed? joining us from the nigh maximum is peter who is president of chicago energies incorporated. that's the question that everybody is asking down here peter. what do you think? >> not sure whether or not it's bottomed yet for the long-term. one of the things we're seeing here is the saudi king died and all of a sudden we're not having the same news out of opec. they were talking prices down before. now instead of talking prices down, he dies and you get news coming out that they see $200 crude at some point in the future. it just seems that the news we're getting out of opec is changed. >> all right. so if you -- you are a bet
eamon. sue down to you. >> such a horrible story. oil rallying again. erasing its losses now for 2015. we showed you the numbers before, but they're worth looking at once again with west texas intermediate up almost 5%. ice brent crude up 3 3/4%. crude prices have sujed in the past four days. check out gasoline. up in the past seven days after being down for the past 120 days. prices up 14% in the past week. has oil finally bottomed? joining us from the nigh maximum is peter who is...
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Feb 24, 2015
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eamon, thank you very much for that breaking news. >>> now we have heard what janet yellin said.ut what she really meant. now we're going to find out how much money we can make off of it. we're talking about the yellin trade ahead. what say you, america? does e-mail at work make us more or less productive? a debate on when the company should end the scourge once and for all. or if we love to hate e-mail. financial noise financial noise financial noise there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure
eamon, thank you very much for that breaking news. >>> now we have heard what janet yellin said.ut what she really meant. now we're going to find out how much money we can make off of it. we're talking about the yellin trade ahead. what say you, america? does e-mail at work make us more or less productive? a debate on when the company should end the scourge once and for all. or if we love to hate e-mail. financial noise financial noise financial noise there's nothing more romantic than...
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Feb 10, 2015
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gm says wilson is acting with the backing of kyle bassett eamon, hg aurora. and welterconnicks.se shareholders represent 1.2%. shares looking up here. wilson's kind of become a board member for hire, if you will. lobe has used him for a while when he was on yahoo!. on the sotheby's board. again a loeb action there. wilson ran for public office in the state of new york. he is known as a restructuring guy. my friend carl bassett has made no secret of the fact that he wants to see gm use much of its cash for a buyback, as much as $8 trillion in the near term. i will say something is interesting as a quick background on this. wilson apparently approached the company on february 3rd. and said i want to talk to you. they said okay let's talk. he wouldn't tell them who is in his group. in other words he indicated he might have an interest being on the board but they didn't know who he represented until 11:57 last night when he told them. >> why did he do that? >> i'm not sure. he has one of these -- what we're calling a golden leash, is what the bankers are calling it. he's going to ge
gm says wilson is acting with the backing of kyle bassett eamon, hg aurora. and welterconnicks.se shareholders represent 1.2%. shares looking up here. wilson's kind of become a board member for hire, if you will. lobe has used him for a while when he was on yahoo!. on the sotheby's board. again a loeb action there. wilson ran for public office in the state of new york. he is known as a restructuring guy. my friend carl bassett has made no secret of the fact that he wants to see gm use much of...
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. >> eamon, thank vowyou very much. >>> mcdonald's struggling to recover from its worst slump in a decadef the fast food giant heading lower. one former executive ought with an op-ed, calling the company to get back to basics to feel a turnaround. joining us larry light, chairman and see of the brand management consulting firm. good to see you. >> thank you. >> interesting piece. none of this is easy, but in short, i guess, to summarize it stop worrying about the about nair ra's and the chipotles of the world and get back to putting your eyes on the fries, as they say? >> exactly right. i mean they're so obsessed it seems with chipotle and with panera and similar so-called casual dining. but they should be asking the question, why is burger king growing? why is wendy's growing? why is popeye's growing? focus on the business you're in versus focusing on the business you're not in. and i think that obsession has gotten them off track and will continue to get them off track. >> sounds like they've heard that message somewhat. talking about simplifying the menu. on the other hand rivals are a
. >> eamon, thank vowyou very much. >>> mcdonald's struggling to recover from its worst slump in a decadef the fast food giant heading lower. one former executive ought with an op-ed, calling the company to get back to basics to feel a turnaround. joining us larry light, chairman and see of the brand management consulting firm. good to see you. >> thank you. >> interesting piece. none of this is easy, but in short, i guess, to summarize it stop worrying about the...
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Feb 20, 2015
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>> eamon javers thanks for bringing us inside the secret nasdaq surveillance room. >>> over to chicagothe santelli exchange. good morning. >> good morning. maybe sara you are one of the close to 6 million people who have seen the following youtube animation. let's run the clip. >> did you hear about the fed? >> no. what about the fed? >> they announced another round of the quantitative easing. >> what does it mean. >> it means they are going to print a ton of money. >> well i'd like to bring the man who made that animation along with several others former futures trader i should call him the omed. thanks for taking time. >> thank you for having me rick. >> let's start quickly with the notion qe is now over and that animation was made several years ago. your thoughts on the end of qe as europe embarks on qe. >> when i made that cartoon four years ago it was obviously skep tal of skep tal of qe-2. if qe-2 worked we would not have needed all of the other programs afterwards. >> move to present times. you wrote an easy to understand op-ed, maybe those that have lot of letters after their n
>> eamon javers thanks for bringing us inside the secret nasdaq surveillance room. >>> over to chicagothe santelli exchange. good morning. >> good morning. maybe sara you are one of the close to 6 million people who have seen the following youtube animation. let's run the clip. >> did you hear about the fed? >> no. what about the fed? >> they announced another round of the quantitative easing. >> what does it mean. >> it means they are going to...
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Feb 13, 2015
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kristen welker is at the white house and eamon javers from palo alto california delivering an addresssummit. tell us the executive order the president will sign today. >> reporter: frances without officials calling cyber security one of the defining challenges of the 21st century and, of course, the recent sony hacking scandal, all of those hacking incidents which you just referenced added fresh urgency to this challenge. so the executive order that president obama is going announce later today calls for a couple of things. the biggest one, increased information sharing between the private sector and the federal government. the hope here is that the private sector will be able to respond to and anticipate threats better if there's better information sharing. secondly, it aims to create a set of voluntary standards for information sharing between the federal government and the private sector. it also enhances the role of the department of homeland security which will be charged with streamlining access to some of these threats, and then finally, it calls for new, enhanced privacy prote
kristen welker is at the white house and eamon javers from palo alto california delivering an addresssummit. tell us the executive order the president will sign today. >> reporter: frances without officials calling cyber security one of the defining challenges of the 21st century and, of course, the recent sony hacking scandal, all of those hacking incidents which you just referenced added fresh urgency to this challenge. so the executive order that president obama is going announce later...
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Feb 11, 2015
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eamon, stick around.ng in someone who does like a debate or two, someone who has an opinion on every single topic. that's a good thing. >> stwloo yesterday we had a twitter hack. it was harmless stuff. it was indeed hack and started sending out material nonpublic information that people then traded on. do they have to invalidate trades while they figure out what happened? >> fas nate naturing question. presumably, it would hinge on whether that person was involved in the attack or involved in sending out the information. the legal liability there wouldn't be for the person who was hacked. it would be for the hacker. then the inside information that was put out into the public marketplace, this would be an open question for the s.e.c. exactly what to do with that and what to do with the people who traded on it. as we know so many trading algarhythms are looking at that. we saw that when the ap twitter feed was hacked a year ago or more now, and the instant reaction we saw in trading to that hat. yeah, this
eamon, stick around.ng in someone who does like a debate or two, someone who has an opinion on every single topic. that's a good thing. >> stwloo yesterday we had a twitter hack. it was harmless stuff. it was indeed hack and started sending out material nonpublic information that people then traded on. do they have to invalidate trades while they figure out what happened? >> fas nate naturing question. presumably, it would hinge on whether that person was involved in the attack or...
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Feb 2, 2015
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on the fcc, eamon javers, what's going on? >> the dow jones is reporting the fcc is expected to pass some strong new net neutrality rules. this is as expected. you remember a while back president obama called for the internet essentially to be regulated like a utility. that looks to be the direction that the fcc is set to go later on this week according to dow jones. they're reporting that the new rules would cover mobile and fixed broadband services and the rules would make broadband internet providers subject to what they call title two telecommunications regulations. this is another procedural step down a path that we'd seen coming here now for a couple weeks. >> thank you very much. let's look at some of the names in brad band and the media space and see how they're moving after hours if they are. john where would you be looking on this news? >> obviously verizon was obviously doing well today on anticipation of this news. so i think verizon, at&t those stocks obviously did well. i think going back to what we were talking
on the fcc, eamon javers, what's going on? >> the dow jones is reporting the fcc is expected to pass some strong new net neutrality rules. this is as expected. you remember a while back president obama called for the internet essentially to be regulated like a utility. that looks to be the direction that the fcc is set to go later on this week according to dow jones. they're reporting that the new rules would cover mobile and fixed broadband services and the rules would make broadband...
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. >> hi, thanks, i'm eamon jeffords with cnbc."forbes".com is saying that its web site was hacked by apparently chinese hackers who were targeting readers of "forbes".com as well as u.s. defense contractors. what can you tell us about that particular incident and who might have done it, and also the technique of hitting third party web sites with an eye toward capturing the eyeballs that are going to that web site and -- >> hold that answer. the woman in the front row. >> my name's -- >> wait, wait. >> my name is kendra with the european parliament liaison office, and i continue to hear about the need for international cooperation, but i've yet to hear a realistic framework. internet's inherently international, what's our response to that? >> so on the last piece i think issue of having norms and getting and garnering international support for cyber norms is something the president and cameron talked about in terms of they announce -- prime minister cameron talked about in terms of hacks and breaches into the financial secking to
. >> hi, thanks, i'm eamon jeffords with cnbc."forbes".com is saying that its web site was hacked by apparently chinese hackers who were targeting readers of "forbes".com as well as u.s. defense contractors. what can you tell us about that particular incident and who might have done it, and also the technique of hitting third party web sites with an eye toward capturing the eyeballs that are going to that web site and -- >> hold that answer. the woman in the...