Out 22 higher majorly underperforms the u. S. Peers ending more than 7 lower. Bye bye 2019, a new decade is upon us as big ben prepares to ring in the new year in style. Welcome to street signs. Our top story today, former nissan chairman ghosn has fled japan for lebanon. He was banned from traveling abroad in a statement, ghosn said, he had, quote, not fled justin but fled injustin and political persecution. A loyal said he was surprised by the departure and called ghosns actions inexcusable and there is a high probability he violated his conditions he said he has not spoken to the police or ghosn himself. This is his actual lawyer in japan. Further more, he said the lawyers still have all of his passports. You have to wonder how on earth he made it out of japan to lebanon. One of the press companies there are citing that he may have hired a private company and indeed a private jet landed in beirut airport coming from turkey when it comes to next steps and what this means, clearly hes
Free cspan radio app. Earlier today facebooks david marcus testified before the Senate Banking committee to address concerns over the companys proposed Digital Currency. This is 2 hours and 20 minutes. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks response last week. Shortly after the letter was sent, facebook formally announce ds its intention to launch the Payment System libra and issued a white pape
Free cspan radio app. Earlier today facebooks david marcus testified before the Senate Banking committee to address concerns over the companys proposed Digital Currency. This is 2 hours and 20 minutes. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks response last week. Shortly after the letter was sent, facebook formally announce ds its intention to launch the Payment System libra and issued a white pape
This is Francine Lacqua on bloomberg surveillance. We have a great exclusive interview with Benoit Coeure, the it was the ecb member. The exclusive ecb member. Mark, what does the data look like . Mark we are low today, quite a losing run for the stoxx euro 600. We saw a big selloff in Technology Shares in the u. S. On friday. Sterling, not as big a decline as we saw on friday in the wake of the inconclusive election result on friday, which sent sterling down 2. 5 . At the end of the day, sterling is down by 1. 6 roughly. Investors are looking ahead, mean for shortterm versus longterm volatility . U. K. 10 year field has barely changed today. It fell three basis points on friday. Investors weighing up what the election means, weighing up against data. We had weak consumer data today. The boe this week, wage data. And gold also falling for the first week in five last week, marginally higher. The fed expected to raise rates this week against Political Uncertainty. Thank you, makr. Lets g
Mostly cloudy conditions its now to the north and to the east leaving behind after our cloudy start this morning, some partly sunny skies. Temperatures still very mild in the 60s. And in the low 70s. Well talk about todays forecast in earnest plus rain returning to the bay area, those details shortly but first, lets bring in roqui theus. Thank you. Now what else i feel . Daylight saving time, im tired oh, yeah hayward to foster city 14 minutes. Millbrae roadwork on southbound 101 thats at millbrae avenue. The right lane is closed until 6 a. M. So just keep watch for those cones out there and if you are heading into downtown San Francisco, heres a live look at the bay bridge toll plaza. Just a little cash lane backup. Otherwise you are good to go. If you have fastrak, a quick 7 minutes. Roqui, thank you. Two people are in custody after a wild chase through several east bay cities. It all started at 14th and harrison near lake merritt in oakland. It ended about 5 miles away at ashby and