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Thursday, January 24, 2008

CNBC.com's News Now

Thursday, Jan. 24, 2008
1. SocGen Fraud Analysis:
Peter Thal Larsen from the FT and MF Global's Mamoun Tazi discuss Societe Generale's $7.1 billion writedown caused by a rogue trader Thursday.

2. Bush on Economic Package:
President Bush discusses the bipartisan economic stimulus package at a news conference.

3. Microsoft Earnings:
Microsoft's earnings and revenue beat the Street's expectations, and CNBC's Jim Goldman has the details.

4. Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

5. Global Economic Outlook:
The tech sector has been hit hard by the economic slowdown and Craig Barrett, chairman of Intel, discusses his outlook for the sector.

Markets Not Crazy On Stimulus, But Like Raising Loan Limit

It's not the stimulus package that has Wall Street a "buzz" but rather the raising of the conforming loan limit for mortgages that seems to have lifted market sentiment. Bob Pisani blogs on why that's the case. Click here to view posting.


CNBC: DAVOS: U2 frontman Bono, Microsoft co-Founder Bill Gates, Dell CEO Michael Dell are just some of the big interviews we'll have from the World Economic Forum in Davos. Maria will anchor Closing Bell, Becky will anchor Squawk Box, and Dennis Kneale will be live on-site.

PANIC-FREE CEOs: While the markets spike up and down, CEOs aren't panicked. The main reason? U.S. companies are less reliant than ever before on domestic sales. Dennis Kneale analyzes U.S. companies and compares overseas sales from the past vs. today, the reasons for the shifts, and why worry isn't worth it.

ECONOMIC RESCUE IN SIGHT: Thursday afternoon, Treasury Secretary Paulson, Speaker Nancy Pelosi and House Minority Leader John Boehner outline Washington's stimulus plan set to rescue the economy from slowdown and recession. Hampton Pearson wraps up the details of the plan and what it means for businesses and individuals alike.

THE FLORIDA DRUMROLL: John Harwood wraps up the major storylines from Thursday's GOP debate, as speculation looms that it might be Giuliani's last stand. With South Carolina ahead for the Dems and the battle over Florida, it'll be a big weekend in the race for the presidency.

TOUCHDOWN! On Friday, Scott Wapner will preview clips from "Touchdown: The Patriots & The Business Of Winning" ahead of its Sunday premiere.

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