#TBT: Mad Money Harlem Shake.
THE POWER OF SOCIAL MEDIA: Just minutes after the @AP Twitter handle sent out a (fake) tweet that explosions had occurred at the White House, the DOW plummeted:
- 1:07 pm: Dow trades at 14,697.79, up 130.6 or 0.9 percent for the day
- 1:10 pm: Dow hits a low of 14,554.29, a drop of 143.5 points or 0.98 percent from where it was at 13:07 pm
But quickly snapped back when the AP confirmed a hacking:
- 1:13 pm: Dow hits a high of 14,696.73, up 142.4 points or 0.98 percent from the low at 13:10 pm
Will Ferrel crashes Power Lunch in 2004. Gold.
(Photo of packed LAX terminal via KNBC’s Angie Crouch)
American Airlines grounded all its flights Tuesday afternoon after experiencing nationwide outages in its reservation system.
All fights on the ground will be held at their gates until the computer glitch is fixed, the airline said. Planes in the air will be allowed to land.
Margaret Thatcher’s Greatest Moments
Margaret Thatcher, the former U.K. prime minister, died on Monday at the age of 87 after suffering a stroke. Known as the Iron Lady, Thatcher governed the U.K. from 1979 to 1990 and was the first woman elected to lead a major western state.
She will go down in history as the woman who transformed Britain’s economy. Renowned for her political dominance in the 1980s, which saw a rolling back of the state and an emphasis on the free market. This broke the post-war pro-state consensus that dominated Britain for nearly three decades.
Who doesn’t love Sir Richard Branson?