News conference. And six months from the e. U. Referendum, what exactly do we know about brexit . The big question this is bloomberg surveillance. I am mark barton in for francine lacqua. Here is nejra cehic. Deutsche bank and Credit Suisse have agreed to settle u. S. Investigations into their dealings in mortgagebacked securities. Deutsche bank will pay a 3. 1 billion civil penalty and 4. 1 billion in relief to customers. A 2. 48uisse will pay billion civil penalty and 2. 8 billion in relief for homeowners hit by collapse from housing prices. The Justice Department is suing barclays for fraud over the sale of mortgage bonds. Its as investors were deceived about the risk of securities. Our glaze has rejected the allegation, saying it will vigorously defend the complaint. President elect donald trump says he has asked boeing to of its superade hornet jets that could replace the Lockheed Martin f35. That is the main fighter of the airport, navy, and marine corps. It is the most expensive
Viacom . Straight to the markets desk, where julie hyman is looking at the final read of durable goods orders in a market that seems relatively calm today. Julie relatively calm, that is the key word. ,e are seeing a drop of 5 bigger than the initial reading of 4. 5 . That is a little bit larger than the original read. Excluding transportation falling by 1 . When these numbers initially shock,t, that created a ,ne of the first pieces of data more of a bumpy one on the economic front. It seems calm her on a relative basis. If you look at the stocks i am moving at the moment, a couple of the big earnings stories. , telestrating lower. The big story is not just Conoco Phillips trading lower. The big stories not just the earnings report. Cutting Capital Spending after reporting its biggest quarterly loss in almost a decade. And why this is so important is a lot of the oil majors still have relatively high dividend yields. That is one of the things that provides a floor under some of these
This morning the speaker when asked about the plans asked about the details and i believe he said blah blah blah. [laughter] do you feel like you are begin their cut before you unveil your plan and giving the remarks where does this stand . I dont think we cannot afford to wait. I cant settle for an economy that grows at 2 , settle for high employmen unemployment andt able to live on their own. A declining wages for the middle class. We need to be the party of growth and opportunity, restoring the American Dream and this is something americans have hunger before. We have an obligation. I put up this draft so that we could engage the American People on this and i think this is some of that as i travel the country and through the hearings ive had this is something that is very much to move forward. The new cspan. Org website makes it easier than ever to keep tabs on washington, d. C. And share your findings via facebook, twitter and other networks. Easy search functions let you access da
React in. The same we he responseed to Vladimir Putins invasion. Cautiously, without prospect of resolution or punishment. Attorney general holder announced 31 charges again 5 military officers for hacking American Companies allegeing that officers hacked 6 pittsburgh base companies, u. S. Steel, westing house, alcoa, allegheny technology, solar world, and uniteed Steel Workers union, they worked from t same Office Building in shanghai. They stole product designs, to confidential legal strategys, to give chinese companies, an advantage over their american counterparts, attorney general eric holder declareed quote, enough is enough. Today were announcing an indictment against 5 officers of the Chinese Peoples Liberation Army for serious Cyber Security breachs again 6 american victim companies. These represent the first ever charges again known state act for inte infiltrating u. S. Targ. Lou jay carney refuseed to answer whether the subject of the brought up who chinas top general was in
React in. The same we he responseed to Vladimir Putins invasion. Cautiously, without prospect of resolution or punishment. Attorney general holder announced 31 charges again 5 military officers for hacking American Companies allegeing that officers hacked 6 pittsburgh base companies, u. S. Steel, westing house, alcoa, allegheny technology, solar world, and uniteed Steel Workers union, they worked from the same Office Building in shanghai. They stole product designs, to confidential legal strategys, to give chinese companies, an advantage over their american counterparts, attorney general eric holder declareed quote, enough is enough. Today were announcing an indictment against 5 officers of the Chinese Peoples Liberation Army for serious Cyber Security breachs again 6 american victim companies. These represent the first ever charges again known state act for inte infiltrating u. S. Targ. Lou jay carney refuseed to answer whether the subject of the brought up who chinas top general was