I am Stephanie Ruhle. That is crazy. Erik i love that he said more or less will somebody find my introductory remarks or i will have to improvise. Stephanie getting glitter out of someones hair . Its a long process. Erik we will start with the top stories of the morning. You just heard it. A tense moment at the ecb conference as mario draghi was speaking. A protester jumped onto the table and started shouting. It would be good to continue the press conference if i had my introductory statements with me, otherwise, i will have to improvise. Thank you. Erik mario draghi was not hurt and he resumed his remarks after two minutes. He says there was there evidence that his policy is already working and he believes it will succeed in inflation across the continent and stoking inflation across the continent. Accusing google of antitrust laws. Google is abusing its dominance of the internet Search Market and unfairly waivers its own Comparison Shopping service in search results. That was more o
Traditional Growth Engine. That is declining and has a huge impact on our economy in the short term. Olivia leading to speculation the government will have to take more steps to stimulate the economy. A deal that will create the worlds biggest maker of equipment, howards mobile phone network. Note yellow by Alcatel Lucent will buy Alcatel Lucent 416. 6 million in stock. No egos take on contracts with two of the biggest wireless carriers in the u. S. Verizon and at t. Congress and the white house are planning victory in the fight over iran. Congress will have a say in the Nuclear Agreement. It has become clear that democratic lawmakers will join with republicans. Bob corker says the bill has bipartisan support. Senator corker i believe congress should plate a role in ensuring that all the details are there. And on behalf of the American People, before they sanctions are lifted that we ensure this is something that holds iran accountable. Olivia the compromise gives congress 30 days to r
Down. Musk wants to commercialize space flight and hopes reusable rockets will reduce costs. Well get you up to speed on the markets in terms of the futures. Of course things will change in a big way but the dow looks higher and its surprising because well explain why in a moment. 48 points higher now. Nasdaq up 48 points and s p 500 up over 5 points. Its official. This mornings big corporate buzz story, the eu is just now announcing the antitrust moves expected against google. These are just crossing the wires at this point. European regulators are likely to accuse the company. They could face massive fines of 6 billion. Something like 10 of its worldwide sales are liable to be fined doing this and theyll be forced to change the Business Model. The eu has been looking at google for about five years now. Whats interest as good the company only gets about 10 weeks to respond. Its a different rule of law over there. Lets tell you about other big stories were watching this morning. New nu
Temperatures perhaps the find beginning to show the 80 degree mark temperatures will be awfully close for most of the bay area a few spots Getting Better and more communities out tomorrow 90 degree weather on friday a lost look forward to will have live look outside shonas clears that all have those when speech coming up in just a little bit a quick look at the data are forecast youre not going to have led all you need something you need to take off by 11 00 noon we already in the low 70s you want to be in charge and teachers at that point specific ids for recess will be a really warm outside today temperatures at the moment it is chilly in some spots, a pleasanton prime example for to their 46 and about 54 San Francisco and in the south of san jose come again at 49. George the back of the bay bridge continues to grow the drive times are about 18 minutes now for the west about ride the bike approaching to west grand avenue for a chip out of the macarthur maze and heading toward downtow
Draghis News Conference. The European Union filing anti trust charges against google. Earnings, bank of america missing. First up a Stunning Development at the ecb News Conference after president mario started speaking he was interrupted by a female protester. Take a listen. This is immediate coverage giving the protester everything she wants. They left rates unchanged, guys after the first month of qe running at 60 billion euros a month. I have to tell you. Yes, those are pyro techniques no doubt about it. I believe central bankers say in germany who arent upset its over. Its been that aggressive and i think the big issue will be are they going to let him continue a program that has already started growth because growths inflation. Was she protesting negative rates . Do we know . Was she upset about the fact that i dont know. Youre almost at 10 years now on the german bun where theyre paying, where youre paying them. 13 basis points this morning. Thats what you get. I dont know what s