Moving news from all around the world from frankfurt, to london, taiwan, our bloomberg two iowa, our bloomberg voices are on the ground. Commodities leading the charge for the quarter. Here for more is bloombergs sonali basak. Income net interest coming in above analyst expectations is a great thing for bank of america because it shows the bank is doing what a bank should do. That is loan growing, deposits growing. Investment banking mergers and acquisition fell short than expectations, but we are seeing that across the board. We want to see confidence among corporate clients now that we know consumers are holding steady. Alix what were some of the worries through the quarter . Sonali the expenses were up, but bank of america was a costcutting story. Something we are hearing from all of the banks is the propensity to keep investing because the cycle is getting competitive at this moment. Alix thank you very much. Now i want to go to the latest on trade. President trump is ready to sign
In the star ship program. Guy how far are we now to the star ship program . Its a big piece. Matt talking 30 rockets instead of the nine on the falcon. Its really adding complexity to the program and you see them thinking of technology that allows you to get it all the way to mars as complexity, too. Hellon elon talked about the physical issues of getting to gravity and when you get to that size rocket, you Start Testing technology, physics, or our understanding of it as we know it today. Vonnie theres no particular regulator for these type of missions but the International Telecommunications union coordinates the allocation for frequency of communications, matthew, so in a sense space x is given a lot of freedom and seems to be using the freedom pretty well. Lets talk about the satellites and go up in the tower and then one is at the ch lower orbits and they have to push their own solar panels to survive in space. Its very ingenious. Matt theyre using a lot of technology though its go
The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip but in to five minutes, no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from texas, mr. Gallego, for five minutes. Mr. Gallego thank you, mr. Speaker. I rise to say thank you to the wonderful people of the 23rd district of texas who for the last two years gave me the privilege of serving as their voice here in the peoples house. Im living proof that this is a nation of opportunity and that the American Dream still exists. God has blessed me in many ways. I was born into a warm and loving family. My parents taught me to work hard and respect others. I married to a wonderful wife who has stood with me through the peaks and valleys over the last 25 years of our lives and were parents of a son, nicholas miguel, who has taught us the true meaning of love. In addition, though, my ro
Us theyre working with the principles that both schools to prioritized needs in complete renovations. The new school will be built by 2015 but still no answer to the question of where the money is coming from firefighters battled an extraalarm fire today at a steel plant in northwest indiana. The threealarm blaze broke out shortly before 3 pm at the Arcelormittal Steel plant on u s highway 12 in burns harbor. Firefighters brought it under control around 7 30. Sections of the steel plant had to be evacuated. There were no injuries. The cause of the fire is under investigation. Bond was set at 1 million today for the man accused of fatally shooting a 19 yearold man outside of aid wicker park night spot early yesterday morning this is what gun violence does to families. Her youngest child was killed early saturday. She has already been hospitalized for the emotional trauma. He had a gunshot wound to his head 29 yearold has been charged with the crime. Why did they kill my brother . He was