Jose Manuel Barroso News
Subscription Levels Are Netflix Latest Blockbuster
Morning Money Memo… More than ever, Americans are streaming TV shows and movies. The great shift in consumer habits is the reason why Netflix shares soared more than 16 percent after its new quarterly sales and profits report was released. Four million new subscribers signed...
Apple Makes a Big New Pitch Overseas
Morning Money Memo… Apple is making a fresh pitch to hundreds of millions of consumers in Asia to boost its sagging share of the global smartphone market. Once No. 1 in total sales, Apple now has less than 20% of the worldwide market. Apple has...
Larry Summers Would Face Senate Opposition for Fed Job
Morning Money Memo… Former Treasury Secretary and Obama economic adviser Larry Summers may be the front-runner to succeed Ben Bernanke as chairman of the Federal Reserve. But he could face a tough time getting confirmed by the Senate. Liberal groups are stepping up the pressure on President...
The Global Note: In the Strait Of Hormuz…Iran, Israel & Motorbike War?…Apple In China…Turtles In A Suitcase
U.S. CARRIER – AND ABC NEWS – IN THE STRAIT OF HORMUZ The U.S. is making a statement to Iran – courtesy of its naval power. The aircraft carrier USS Abraham Lincoln has passed through the hotly-disputed Strait of Hormuz, shadowed by Iranian patrol boats....
City Car: Hiriko Electric Fold-Up Car for Crowded Cities
CityCar The modern automobile sets us free and ties us down all at once. It takes us wherever we want to go -- but it gets caught in traffic, is a pain to park if you live in a city, and pollutes the air . Which is why a team at the Media Lab at the Massachusetts Institute of Technology tried
The Global Note: Violence Near Damascus…Hostage Heads Home…Honor Killings…The Fold-Up Car
SYRIA -CRACKDOWN NEAR DAMASCUS…Alex MARQUARDT reports that Syrian troops have stormed rebellious areas near the capital, shelling neighborhoods that have fallen under the control of army dissidents and clashing with fighters. A diplomatic source in Damascus tells Alex it’s not clear who’s ...
Obama Says U.S. ‘Stands Ready to Do Our Part’ for Eurozone Crisis
As the European debt crisis continues to escalate, President Obama urged European Union leaders today to act quickly to resolve the eurozone crisis, saying that “the United States stands ready to do our part to help them resolve this issue. “This is of huge importance...
The Global Note: Egypt’s 2nd Revolution…Turkey to Assad: Time To Go…Bush Helping Africa…$1 Million Left in Pizzeria
EGYPT — THE SECOND REVOLUTION -MILLION-MAN MARCH…The crowds continue to jam Tahrir Square. And the story at the moment appears simple — and stark: Either the military mollifies the masses; or the fury grows. It could go either way tonight. Egyptian protesters may not have...
The Global Note: U.S. Forces to Australia…Syrian Base Attacked?…World Leaders Lock Lips
U.S. MILITARY TO AUSTRALIA In a joint press conference today, President Obama and Australian Prime Minister Julia Gillard announced an increased U.S. Air Force and Marine presence in the country beginning in 2012. As Jake TAPPER reports, 200 to 250 Marines will be deployed to...
Morning Business Memo
Financial markets are still jittery about Europe. Government bond yields spiked up yesterday and fell this morning with reports of significant sovereign debt purchases by the European Central Bank. Tuesday was one of the worst on record for French sovereign debt as investors sold triple-A...