Prime minister vowing catalonia will remain part of the country also coming up. Allegations against disgraced Film Producer Harvey Weinstein widen now Hillary Clinton says shell give contributions from the Longtime Democratic Party donor to charity. And after a tragic death of the rio olympics a story of renewal and hope as a heart transplant transforms a lot. Plus our weeklong series on being gay in todays russia we meet a blogger challenging prejudices well talk to our correspondent in St Petersburg about the difficulties the Gay Community is facing there. Also we take you to the worlds biggest refugee camp to see how uganda is struggling to care for more than one million refugees. Im brian thomas thanks so much for joining us spain has set the clock taking a fourth catalonia Prime Minister Mariano Rajoy has given the Regional Government until monday to say whether it has in fact the clarity independence from the rest of spain or royals promise to do Everything Possible to prevent th
Its 11 00 a. M. At ibm headquarters in new york, 11 00 a. M. On wall street and squawk alley is live good wednesday morning, welcome to squawk alley im Carl Quintanilla markets having another good day. Record highs across the board. Dow up 135, s p 2561 on the back not just upgrades blue chip merck best day on a percentage basis and several years as a busy earnings season rolls on. And right now at this hour, alibaba backed qudian largest provider in china making its debut here at the New York Stock Exchange stocks surging at the open this morning. Up about almost 40 . Up near 39 . For more were joined by qudian founder and ceo min luo. Congratulations. You own about 60 of the country, so that makes you a billionaire, i believe biggest listing in china im interested in the business youre in providing these small dollar amount loans for people weve seep this in the u. S. With companies, why is this so important for the Chinese Consumer right now thank you thank you for the question actu
Then actually our revenues are slightly up versus the First Quarter of last year. The Analyst Community was looking for was a sign that you had client balances back to levels we would have seen last year,. Especially your prime brokerage have you got that . Our prime workers business, we have recovered 50 of the bells we lost in the Fourth Quarter of last year. Not yet fully back. We see this in all businesses. When we need to be mindful of the fact that when clients come say, lets reengage, it is not that the following morning you report new revenues. It takes time to work on transactions. Take corporate finance. In reality what we are seeing is revenue in the First Quarter of this year is largely stuff we worked out in the prior quarters. See a lot of reengagement of clients across all business lines, or you can see some immediate effect in Asset Management, new assets and wealth management, that you can see immediately. Prime brokerage. When you compare with the Fourth Quarter of la
Technology that could be causing concern. We got the details. This is the sixth most expensive piece of artwork sold at auction. The amount of money is called, quote, mind blowing, 110 million and change. Well tell you all right, i just told you how much it cost. Well, well tell you the exact number of, but it will also tell you about the guy who shelled out the money. What a character. Thats coming pup. Sure is. Hordesing nation. Americans have nearly 2 trillion in checking accounts. The highest in the u. S. History. Is this a warning sign for the consumer, perhaps . I dont think people realize its you know, retiring everybodys saving, and its the accum anyway, well get into it. The market rally today. Stocks now seeing the biggest gains of the month, and just really picked up steam throughout the session. Closing bell exchange, finding out more about it. Gran it investment advisers, and kevin and next to him is john, and our own rick santelli. John, what gives . I mean, this morning,
Amen. Put your hands together as we celebrate in the house and give god all the praise and all the glory for what he is about to do in 2017 somebody america is great tonight on America History tv, american artifacts, visits to museums, archives and historic sites. Tonights lineup aircraft from world war i, Ellis Island Museum and history of africanamericans in congress. American history tv starts today at 8 00 on cspan3. Remarks now from jean sperling, economic adviser from president Clintons Campaign and president obamas handling of 2008 economic crisis was part of a recent wall street journal ceo and leaders forum. Thank you very much. Thank you, gene, for joining us. Playing cleanup, which given events a week ago has a particularly apt meaning for you tonight. No, thank you for being with us. Lets talk first, if we could, about this election. You were an adviser to the clinton campaign. As john said you were in the barack obama administration, key adviser on economics, policymaker a