If we just were in barcelona and madrid. Thanks for your company we start with some breaking news from spain the senate in madrid has approved government proposals to take control of catalonia just after catalonia is Regional Parliament voted in favor of declaring independence from spain in an unprecedented move the senate in madrid voted overwhelmingly in favor of spanish Prime Minister marianna roys request to trigger the infamous article one hundred fifty five of the spanish constitution that allows the Central Government to remove cattle and regional leaders from Office Starting with president carlos put human shortly before seventy out of one hundred thirty five cattle and lawmakers approved a motion to declare catalonia and in the pennant republic opposition lawmakers walked out in protest before the vote. While the outcome of a birth parliament session. Is historic plunges madrid and barcelona further into uncertainty we have Team Coverage of these breaking developments in barce
Barnsboro 5 oclock, richwood coming in at 5 01, Gloucester City just after the 5 oclock hour, tacony coming in at 5 03, collingswood right around 5 34, so those towns and times as that line continues to push to the east at nearly 45 miles an hour. Not only lightning is a concern but also the intense rain with this. Rainfall rates with these storms have been over two to three as much as 4inches an hour, 4. 3inches per hour, so it is blinding rain as it passes through and we have an additional Severe Thunderstorm Warning southern parts of New Castle County as well as kent county down to woodside. This until about 4 00, 5 30 this morning. Nasty cluster of storms, moving towards miles an hour today nah middletown nearly 150 lightning strikes in the last 15 minutes so this well have to watch for all of our Delaware County watches here over the next 15 to 20 minutes. I bring in meteorologist Melissa Magee and this mag and s is a big storm engulfing most of the midatlantic. Thats right. When
Tomorrow. We have great interviews. Will president elect trumpish escher in protectionism, and what will it mean for global trade . We speak to the owner of the Worlds Largest container shipping line. Plus, is the Banking Industry headed for an uber loan . We talk about bitcoin, Cyber Security, and disrupting the banks with the former barclays ceo and the block chain cofounder, later in the show. Gett things first lets to the data check. We have a special guest from asia. This is the picture of these markets. Breaking news out of the iea, saying the opec deal will create on oil supply deficit in the first half of the year. We will monitor that. I wish i had the picture for oil, but overall stocks unchanged. Unicredit gaining 4. 2 . There you go. This is the picture for oil, gaining 3. 2 . 55 point 67. First, lets get to the news with nejra cehic. Plans to raiset 13 billion in an offer to sell off bad loans and slash costs. Italys biggest bank is targeting 4. 7 billion euros net profit
Plus more ceos head to trump tower. And another automaker, another emissions probe. We will fill you in on that. But it is all about the banks this morning. Wells misses, j. P. Morgan beats, b of a posts some mixed results. Jim, you just tweeted enough with the binary trade. What do you mean by that . Were in a difficult situation here because there are people whove been saying the banks have run up so you got to sell them. Thats trader talk. When i was at a hedge fund i would say ill put out bank of america at 23 buy back at 22. 88. These are unbelievable quarters, theyre unbelievable because theyve become growth stocks, cocacola, they do not have the ability to run this organic growth. These are remarkable quarters and we just started. Bank of america haechbt seen the gains yesterday. Numbers im looking at ive calculated 100 basis points in fed increase, you get 3 billion more. Just added on. Do you think that Proctor Gamble can put up that kind of number . 600 million baked in the n
Comey refused to say whether or not fbi is investigating all of the leaks to led to resignation of Michael Flynn. Im asking you to assure the American People. Can you assure them it going to be investigated . I cant, i hope people watching now how seriously we take leaks of classified information. I have to draw that line, that is the right way to be. Lou we take that up and more with former attorney general michael mukasey. And tom dupree. It day one of confirmation hearing of Supreme Court nominee, judge gorsuch, white house confirms that gorsuch will be confirmed. But de democrats are doing their level best. Good evening, a remar remarkable day on capitol hill, james comey testified before the House Intelligence Committee in a extraordinary departure, comey confirming an Ongoing Investigation into an alleged russian interference in our president ial election. And whether Trump Campaign associate were in contact with moscow. I have been authorized by department of the justice to conf