Are whirlwind week for earnings reports from banks in Silicon Valley in the spotlight. We are swimming upstream. Market shares are hanging in there given with the other banks have done. David it is all straight ahead on bloomberg best. David hello and welcome, im david gura. This is bloomberg best, your weekly update of important Business News analysis and , interviews from Bloomberg Television around the world. Lets begin with a look at the top headlines. On monday, the results of at snap election in japan delivered a boost to the ruling party. Prime minister shinzo abes gamble on an early election has paid off. It may have won him a chance to reelect lead japan through 2021. He comes out of this with a stronger mandate. What does that mean for abenomics . It was a victory based on one crumbling opposition. Two, a referendum on abenomics. We have had six straight quarters of growth. We have on employment below 3 . The stock market this up in areas we have not seen since the 1990s. Wha
When you listen to the president thus far, is there equal emphasis on National Security and Economic Issues . You are hearing a little more about trade and Economic Issues that behind the scenes, im sure the real focus is on north korea. Its just crucial in this trip that the president shows all these leaders that america really has the back of japan and south korea. It at least gets them to the point where they believe we have resolved. That will be crucial in the next few months. Does the president really have the back of south korea . He had friction with the presence of how big a challenge will it be to portray his message there . It will be a big challenge. Go back to something Lindsey Graham said in august. Trump had assured him that if theres going to be a war and casualties, they will be in south korea and not the u. S. Thats not what he wants the asian leaders to believe. He wants the asian leaders to believe that he really does have their back. Signals,ding private dont worry
Make its way to the president s desk. Down ballot democratic victories on tuesday are putting more pressure on the gop to score a legislative win. Here to discuss this is Kevin Cirilli, chief washington correspondent, and on capitol hill is marty shanker, chief content officer. Kevin, let me start with you. I need to know one of the major differences between the senate and house bills. The house seeing changes in the last version of this bill. Give us the details here. Kevin a slow friday on capitol hill. I can tell you i just spoke with a source to a prominent Republican House member. The differences that exist between the house and Senate Versions are not substantial enough to derail it, at least according to this senior aide. The main difference in the Senate Framework we got yesterday is that first and foremost it would keep seven tax brackets. The white house wanted three. The house version had four. The implementation of the Corporate Tax rate from 35 to 20 . The Senate Framework
From behind east of grant line road. The bus had 51 passengers on board, employees of tesla corporation, the employees being transported from fremont to stockton. Its unclear what caused the crash, heading east the chb says the driver couldve been blinded by the minor by the sun. One thing is known. Drugs and alcohol dont appear to be suspected in a factor. Anytime theres a situation like this and potential for criminal charges we have to weigh what we have. The fact that Law Enforcement personnel see so much in the normal course of duty, its difficult to deal with that alone and when they deal with the loss of their own brother, it is tragic and heart wrenching. Reporter we spoke with the owner of the company hired to carry the tesla workers and he said the driver spend it with the company 10 years. He is distraught, very distraught with the fatality. Most of all, our hearts go to the family, very unfortunate accident. Reporter one person aboard the tesla bus treated for minor injurie
Most recent was santa rita jail where he just worked an overnight shift and was headed home. He was just trying to do his best to earn money to take care of his wife and family. Reporter sheriff ahearn said several Law Enforcement agencies came to give him a dignified escort back to Alameda County, his body was covered by the American Flag as fellow officer saluted his arrival. His loss pile on the grief of the department who mourns the loss of another deputy killed in a tragic accident 3 months ago. Its too much too soon. It is really tragic. It is heart wrenching. Besides all of the events, and incidents are deputies sheriff deal with at work, they have to deal with the tragic loss of one of their brothers. It is a tight family, and its difficult for all of us to deal with it. Its not fun senior employee draped in america and an American Flag. As mentioned, Deputy Sroeuy Khin was 50 years old, his birthday tomorrow. In oakland Leigh Martinez ktvu fox 2 news. Highway patrol officials