President xi jinping increases his influence over his country and his party as delegates of the communist Party Congress back his vision for chinas future. Im phil gayle welcome to the program. Germanys newly elected parliament has convened for the First Time Since last months elections and with more parliamentary factions on the right wing i have tea party in the assembly for the first time it will not be business as usual one of the bundestag first tasks was to elect a new parliamentary president. It now falls to parliaments longest serving member to keep things under control with elected president of the understudy the politician from chancellor merkels party called for calm proceedings amid debate and to play by the rules the obvious way we speak to one another can set an example for discourse throughout society. We are not here to beat each other up the new parliament has more members than ever and forty percent of them are newcomers the business friendly f. T. P. Is back and the
Change to the iran nuclear deal. A update on the appointment for the next fed chair. President trump has been sent to pick Tyrone Powell as the next leader of the u. S. Federal bank. That is according to the wall street journal. Bloomberg technology is next. Emily i am emily chang and this is Bloomberg Technology. Coming up facebook thirdquarter numbers tried expectations with the fallout from the tech industry. Bloomberg has the numbers and Mark Zuckerbergs warning about profitability. Tesla also reported thirdquarter results with disappointing numbers. We will review the production setbacks for the highly anticipated model three. A Bigger Picture merges with the sophistication of expertise behind russias influence campaign. We would you use some of the ads is by kremlin sponsored hackers and the fiery exchanges as we wrap update to and that hearings on washington. To our lead. Facebook recording another quarter of record sales despite a tough weekend capitol hill. Shares climbed to a
Crude comfortable at 50. 8 0. Another 350 billion honest in hardware deals rummaged in the next three years. Wilbur ross had high praise for the deals that got done. I cannot imagine another business day as good for the United States and the kingdom. Kevin cirilli joins us now from jerusalem. Lets talk about those deals. Energy, andilitary, infrastructure deals done. How important are these for the president at this point . Kevin very important. Coming on the heels of the administration raising questions about the potential collusion for russia. I asked secretary ross of whether or not these investigations would cloud over the trip, and he believed they would not. Over 300 billion worth of new deals, as well as a 109 billion arms deal negotiated between the u. S. And saudi arabia. The folks i spoke with on the ground in riyadh from saudi arabia were impressed by the caliber of ceos in attendance. Representatives and top executives from Lockheed Martin, boeing, blackrock, and the new yo
Away here in iowa, and half a century ago. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff spending fights in states across the country are heating up over this long fourth of july holiday period, and none hotter than in new jersey. This was day three of a State Government shutdown with republican governor Chris Christie and democratic lawmakers at odds over a budget. Christie drew fire sunday for using the governors official residence at one of new jerseys public beaches that are now closed to the public. He has a place to go, so as long as h
More. You get crude getting hammered over 1 percent. Bac back toess get be fourth of july recess. Senate republicans promise to get their bill out before the recess. But they only have three weeks done. That European Central bank gets together with officials with the of European Finance greece. S with well getting new York Fed Survey on u. S. Expectations. Healthcare fight will greet lawmakers again as they trickle this week. Capitol Senate Majority leader mitch to find enoughg votes to miser the measure. Trumporning president tweeted, i can be the imagine that congress would leave a beautifulithout new healthcare bill for me to approve and ready to go. Met last year met with a russian woman to provide informationdamaging on hillary clinton. The meeting took place in june 2016 after his father had secured the republican president ial nomination. The fbi and congressional investigating russian interference in the election and whether theres an members of theen Trump Campaign and moscow.