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MYB: Intel profit falls sharply
Christine Romans is minding your business with the latest on world markets and U.S. stock futures. “Intel, after the bell, had disappointing earnings report,” Romans says. “Its profit fell sharply.” It could direct trade in the morning.
MYB: Big corporate layoffs looming
Christine Romans is minding your business this morning with the latest in world markets and U.S. stock futures, which hit a milestone yesterday. “A five-year high for the S & P 500,” Romans says, and “the highest close since December of 2007.”
She also reports big corporate layoffs looming ahead, and another down day for gun stocks.
MYB: AIG may join lawsuit vs. U.S. govt.
Christine Romans is minding your business this morning with the latest on world markets and U.S. stock futures, which are flat ahead of the opening bell after markets closed lower yesterday. And outrage this morning over a lawsuit brought by the former CEO of a company American taxpayers had to save from the “verge of taking down the global economy with it because of stupid, stupid derivatives bets they made.” Romans says, “Today, AIG, the board will consider whether to join a lawsuit to sue the government for being bailed out.”
MYB: Debt ceiling alarm bell
Christine Romans is minding your business with the latest on world markets and U.S. stock futures. Unemployment has hit a record high in the Eurozone, she reports. And a debt ceiling alarm bell rings on the home front. “The Bipartisan Policy Center saying the Treasury Department's going to run out of room on the debt ceiling earlier than we thought,” Romans says. “February 15th, they say.”
MYB: Bank fees on the rise
Alison Kosik explains how banks are reacting to Wall Street reform by rising bank fees.
HSBC in spotlight for money laundering
Bloomberg's Nela Richardson on HSBC facing scrutiny for its allegedly lax money laundering rules.
Morici: JPMorgan Chase CEO Jamie Dimon 'running a casino' in bank
University of Maryland international business professor Peter Morici talks with Ali Velshi about the decisions of former JP Morgan Chief Investment officer Ina Drew that cost the nation's largest bank 2 billion dollars.
