The Dow makes history after it passes the 20K mark for the first time. Canada is set to continue with a major arms sale to Saudi Arabia and it turns out the squeaky clean reputation of Canada is actually making it a haven for tax dodging. Donald Trump continues to try and make good on his campaign promises, announcing new plans for the border wall and possible restrictions on immigration and visas. Then after the break, sure you paid for it, but do you own it? We talk to professor and author Aaron Perzanowski about the changing way businesses are selling you products without handing over all the rights to use the media the way you want to. Then Ashlee Banks tells us how Apple wants to expand manufacturing in India and even compete with Samsung in South Korea.
Thousands of Toshiba employees will spend the holidays wondering if their job is in jeopardy and economic growth in the US has been revised down for Q3. Ameera David weighs in. Then, Ameera sits down with Gary Yohe – professor of economics and environmental studies at Wesleyan University – to talk about the financial impact of climate change.
After the break, Bianca Facchinei takes a look at the record-breaking amount of refugees that entered Europe in 2015 and how the world reacted. Afterwards, Ameera and RT correspondent Marina Portnaya discuss the latest out of Puerto Rico and the legislation proposed to save it. And in The Big Deal, Ameera and Edward Harrison talk about Russia suing Ukraine over a billion-dollar debt.
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General Electric is planning to eliminate 6,500 jobs in Europe and General Motors raised its earnings projections by 5%. Ameera David weighs in. Then, Erin Ade sits down with Robert Neuwirth – author of “Stealth of Nations: The Global Rise of the Informal Economy” – to talk about the underground economy.
After the break, Bianca Facchinei takes a look at why the feds are investigating high-end property in New York City and Miami. Afterwards, Ameera and Erin discuss the record-breaking powerball lottery. And in The Big Deal, Ameera and Edward Harrison talk about what’s in store for the global economy.
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Tesla is coming under an SEC investigation; time to call in the Car Coach Lauren Fix and find out what’s in Elon Musks’ future! Is the market ready for new investors or is it too late? Danielle Shay has the answer! All that and more on Boom Bust! [1165]
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The top story: Telecom giant Verizon is buying Internet portal Yahoo’s core business for $4.83 billion. Elsewhere, US companies are failing to make debt payments at twice the pace they were a year ago. Ameera David has details. Afterwards, Boom Bust’s Bianca Facchinei reports on the wave of violence hitting Germany. The attacks have put Chancellor Merkel in the spotlight. Then, RT Correspondent Ashlee Banks details how the best-paid CEOs in America actually run some of the worst-performing companies – at least as far as shareholders are concerned.
After the break, Ameera talks to Westwood Capital Partner Dan Alpert about what could trip up the bull market in shares given the underlying growth in the US economy. And in the Big Deal, Ameera and Edward Harrison continue the discussion on Yahoo-Verizon and what it says about Internet disruption.
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Antitrust investigators raided Amazon’s Tokyo offices following a report claiming the company forced retailers to lower prices in order to remain competitive.
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The vaccination process in the US just picked up even more steam as the Johnson & Johnson vaccine has been cleared for use. Therefore, U.S. Equities are rallying after a dismal week as vaccine optimism pushed markets up. Plus, Bitcoin's price has spiked yet again after a dip on some major news from institutional and national governments.
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Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
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The number of prospective U.K. home buyers has drastically dropped in the month following the unprecedented Brexit vote, and Saudi Arabia pumped a record amount of oil in July, despite the worldwide oil glut. Ameera David has the details on both stories. Bianca Facchinei then has the latest on Macy’s decision to close 100 U.S. department stores, and Alex Mihailovich delivers another round of dismal data out of Canada.
After the break, Former Congressman Ron Paul tells Ameera that he sees Libertarian Presidential Candidate Gary Johnson as the only sensible option in the 2016 U.S. election, even though he has yet to formally endorse him. And finally, in The Big Deal, Ashlee Banks examines Green Party Presidential Candidate Jill Stein’s campaign platform, which in many ways resembles that of former candidate Bernie Sanders.
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It’s part 5 of our Best of Boom Bust shows! We’re looking back at some of our best interviews with some help of Bart Chilton.
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