Rose. Microsoft saw a better First Quarter revenue, helped by demand for Cloud Services as more people work remotely. Sales through september topping 37 billion. Melbourne, the merge from a melbourne emerges from a strict lockdown. Ours and restaurants are reopening, even home visits are allowed. Shery lets get you started with a check of the markets. U. S. Futures opening lower, down. 4 . This after stocks fell to a three week low in the regular session. We had cyclical stocks taking the brunt as virus cases continued to climb globally. We have the nasdaq composite pulling back of yesterdays losses on the deal around amd. Durable goods orders coming in better than expected. Lets see how things are shaping up for the asian markets. Here is Sophie Kamaruddin in hong kong. Sophie we are seeing losses continue here in asia. Chip stocks very much a focus after amds deal to buy. Earnings. We have results from sony, zte, as well as budweiser asia to name a few. And a straley or, we have had
Weapon. That would provide enough time to detect and act on transgressions. It is irans job to convince the world the Nuclear Program is peaceful. That is why we are seeking a time frame to establish such a track record. Only then would iran be treated like any other nonNuclear Weapons state party to the nonproliferation treaty. With all the rights and obligations including inspections and a binding commitment to not build a Nuclear Weapon. The bush proposed this concept. Dozens of countries adhere to the npt. Some constraints would be removed after a significant time. Others would remain in time indefinitely. Including a monitoring regime. Iran would have to implement the same hard to agreement and additional protocol. Even after some core constraints are completed, far more Intrusive Inspections will be required that before this agreement. Some have argued iran would be free to develop a Nuclear Weapon at the conclusion. That is simply not true. Iran would be prohibited from developi
Chairman, and thank you, mr. Wheeler for your long and dedicated role, and i know it is often thankless. While opinions differ, your dedication is appropriated. Chair wheeler sir, i recognize your badge, and thank you. Rep. Russell thank you. You stated earlier today that it you came to an evolutionary decision because you determined it was reasonable for isps, but not reasonable for consumers with this ruling. Is it not true that federal taxes could be applied to consumers where it was once prohibited . Chair wheeler that is in the hands of congress. The tax freedom act specifically, the freedom of information act prohibits specifically that and whether that has changed is outside rep. Russell but from an Informational Service to a communication service, does it not lay the foundation for consumers being taxed. Chair wheeler again, that is going to be your decision and not mine. Rep. Russell was it possible when it was just an Information Service outside of title ii . Chair wheeler In
To our Financial Futures . The bank of england tells us what they think later this morning ill have the details. Unfinished business for Manchester United, as they march on in europe. They finally finish the Europa League tie, which started before lock down, and now play copenhagen in the quarter finals next week good morning from Windsor Castle where it will be open for visitors on thursday and friday throughout august but you will have to people. Drizzly this morning. We will see some sunshine today, the best of which in northern scotland. The details later in the programme. Its thursday, august 8. Our top story port officials in beirut have been placed under house arrest while an Investigation Continues into the massive explosion which killed at least 135 people. 5,000 people were injured and many more were left homeless by the blast, which its thought was caused by Ammonium Nitrate stored in a warehouse. Sean dilley has this report. A city in ruin, as authorities start to plan a co
It can undermine our budget and slow the Economic Growth in our states. As it stands, state economies are slowly recovering and we are returning to the revenues we collected back in 2008. We believed in flexible federalism. As we continue to work with congress and the administration, governors are committed to a collaboration to maintain and promote a balanced system. We have as congress and the initiation to keep four points in mind. This should produce savings for the federal and state. It cannot be accomplished by shifting costs from the federal government to the states or by imposing unfunded mandates. State should be given increased flexibility. Congress should not impose efforts as this. Many of the decisions that affect our health care are made in the states, especially those about Health Care Delivery systems. As the demand for primary care is straining, we face a rapidly aging population. More than 16 million individuals are projected to gain Health Insurance coverage by 2016.