PRESIDENT OBAMA TO JAY LENO, on-set at “The Tonight Show” in beautiful downtown Burbank, re the threat to embassies: “[I]'s a reminder that for all the progress we've made -- getting bin Laden, putting al Qaeda between Afghanistan and Pakistan back on its heels -- that this radical, violent extremism is still out there. … One thing I've tried to do as President is not overreact, but make sure that as much as possible the American people understand that there are genuine risks out there. … And the first thing I think about when I wake up and the last thing I think about when I go to bed is making sure that I'm doing everything I can to keep Americans safe.” (Applause.) --On surveillance: “We don't have a domestic spying program. What we do have are some mechanisms where we can track a phone number or an email address that we know is connected to some sort of terrorist threat. And that information … [Read more...] about LENO, OBAMA talk terrorism, spying, Hillary, McCain — N.Y. TIMES may face pressure to sell — GEORGE W. BUSH ‘in high spirits’ after stent — GWEN IFILL, JUDY WOODRUFF make history
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Last Updated Apr 10, 2009 10:53 AM EDT YouTube and Universal to launch music site -- Google and Vivendi will be launching a new music video site featuring artists signed to Vivendi's Universal Music Group. The new site, dubbed "Vevo," will be a Hulu-like site featuring Google's technology and UMG's content. Vevo will also have its own channel on YouTube with a uniquely branded player. UMG anticipates that, at launch, Vevo will be the highest trafficked music video site on the Web. Vivendi's deal with YouTube is the latest in a series of premium content providers making special arrangements with YouTube. Sony renewed its deal with YouTube two months ago and Disney recently signed a deal to feature its content on YouTube. [Source: Epicenter] LA Times runs front page ad, staff rebels -- On yesterday's front page, The Los Angeles Times displayed an ad on its front page promoting an NBC police drama. The advertisement was formatted to appear as an article, though it did feature a heading … [Read more...] about Media Roundup: YouTube and Universal to Launch Music Site, LA Times Runs Front Page Ad, Staff Rebels and More
Last Updated Mar 1, 2016 4:09 PM EST U.S. stocks rallied to start the month on an optimistic note, as rising energy prices and steady manufacturing activity lifted investor sentiment."We're definitely in like a lion, it's a pretty impressive start to the month," JJ Kinahan, chief strategist for TD Ameritrade, told CBS MoneyWatch. "The economy is not as bad as people were telling the world just a few short weeks ago."The Dow Jones Industrial Average (DJI) added 349 points, or 2.1 percent, at 16,865, with JPMorgan Chase (JPM) and Apple (APPL) pacing blue-chip gains that included 29 of 30 components.United Technologies (UTX) was among the Dow's decliners, with the aerospace company falling 1.6 percent after Honeywell International dropped its pursuit of the company. Shares of Honeywell (HON) rose 4.5 percent.Major U.S. Market Indices Value Over Time - Trailing Year | FindTheCompanyThe S&P 500 (SPX) rose 46 points, or 2.4 percent, to 1,978, with financials and technology leading … [Read more...] about Stocks soar on solid economic reports; Dow up 2 percent
U.S. equities suffered their largest one-day loss since January on Thursday, in a dramatic attitude shift after Wednesday’s massive “meltup” that pushed the Dow Jones industrials index over the 21,000 level for the first time. That jump was at least in part due to apparent excitement over President Donald Trump’s more moderate tone in his address to Congress on Tuesday night. But less than 24 hours later, investor sentiment was chilled by more “Russian influence” headlines for the Trump White House and increasingly hawkish commentary from the Federal Reserve ahead of a speech by Chair Janet Yellen on Friday. Other headwinds include a rapid marking down of first-quarter GDP growth expectations, tepid earnings growth and very extended sentiment measures. Investors would do well to use this opportunity to cautiously consider trimming their exposure, rebalancing out of relatively expensive stocks. Instead, mom-and-pop investors seem to be doing the … [Read more...] about 3 reasons to treat Dow 21,000 with caution
There doesn't seem to be a lot that Amazon.com can't do these days. The dot-com darling is on top of the world, padding its lead in online retail and now with a $13.7 billion deal in place to have a significant bricks-and-mortar presence with Whole Foods. Amazon's the belle of the growth investor ball at the moment, but the one club it can't seem to get invited into is the Dow Jones Industrial Average. Amazon (AMZN) has been a component of the S&P 500 and Nasdaq 100 for years, but it hasn't made the cut in the exclusive and seemingly elusive Dow 30. It's just a matter of time, and it won't be a surprise if it replaces Walmart (WMT) or Home Depot (HD) on the iconic market gauge. Amazon is certainly worthy of being one of the market's 30 bellwethers. The online retailer surpassed Wal-Mart in terms of market cap two summers ago, and it overtook Home Depot well before that. Amazon's $478.7 billion enterprise value is now more than the $475.9 billion in enterprise … [Read more...] about Could Amazon replace Walmart or Home Depot in Dow?