In a Sustainable Way talk about over promising and under delivering k. F. C. Says its too early to say when the stores will reopen the first k. F. C. Restaurant in the u. K. It was a step pushed fifty years ago. The u. S. Governments National Climate assessment a report which is issued every four years as mandated by congress points to an even greater threat from Global Warming that has been shown in the past temperatures in europe and north america are the highest they have been in the eleven thousand years which is leading to rising sea levels and greater frequency of storms like we witnessed this past Hurricane Season the assessment involved hundreds of scientists in the government and universities professor Katharine Hayhoe of texas Test University told the Financial Times that quote weve been smoking fossil fuels for hundreds of years the report is an x. Ray of our long. We are in a very serious condition its all a bit more and that by the way at the end before we go. Via a small
Depositors and some say the large out of country depositors give rise to heightened concerns about issues such as money laundering. And in other banking news last week you may recall we reported that the Biggest Bank Fraud in Indian History was taking place at roughly one point eight billion dollar highs of the pun job National Bank or p n b well as an update Indian Federal Police have arrested five Bank Employees and have closed down the mom by branch that appears to have laundered the money but the case gets even more interesting as it surrounds a purported crook one of indias richest people known for his lavish lifestyle jeweler nearby modi unrelated to Prime Minister modi although the last known photograph of the alleged criminal was ironically taken with the Prime Minister in davos switzerland at the World Economic forum. The fraud appears to have gone on for nearly seven years and involved modi and his uncle in a scheme that issued fraudulent guarantee letters of credit which the
Gains and losses for much of the day before surging in the final hour of trading. The dow travelled 5500 points in total when you add up all the moves. With yesterdays rally the dow and nasdaq recovered about half of mondays losses show you whats happening in asia. S generally improved asian markets were mixed, flat hang seng lower by almost 1 shanghai off by 1. 2 europe this morning, positive across the board gains of a half percent generally. Lets go show you whats going on with the yields which has been so interesting in the wake of that wage data on friday the 30year is yielding 3. 03 . Tenyear note at 2. 7 2. 76 we had gotten up to 2. 88 on monday that led to a lot of selling its a key level well talk a lot about as we move through the morning. Fiveyear note at 2. 49 the twoyear at 2. 0. Well have more on the markets as you can imagine in just a moment we have also a breaking Corporate News story making a lot of waves steve wynn is now officially out as ceo of his Company Followin
Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Florida legislators expect to consider tougher guncontrol laws that could include raising the age to buy any gun to 21. 19yearold nikolas cruz legally bought the gun police say he used to kill 17 people at his former high school. Students at Marjory Stoneman Douglas High School are urging lawmakers to take action. Meanwhile, the family that took had cruz is defending their decision to allow him to move in with about half a dozen guns. Hena doba is here in new york. Good morning. Reporter good morning. That family that was housing cruz say they brought the teen in was because it was the right thing to do, his mother having just died. Meanwhile, 100 Marjorie Stoneman students are bussing hundreds of miles to floridas capital to urge lawmakers to put an end to a repeat of the massacre that killed 17 students and faculty. As accused High School Shooter nikolas cruz a
Europe and north america are the highest they have been in the eleven thousand years which is leading to rising sea levels and greater frequency of storms like we witnessed this past Hurricane Season the assessment involved hundreds of scientists in the government and universities professor Katharine Hayhoe of texas Test University told the Financial Times that quote weve been smoking fossil fuels for hundreds of years the report is an x. Ray of our lungs we are in a very serious condition its all a bit more and that by the way at the end before we go a. Lot via a small country of two Million People its been a big Banking Center and theyve since theyve become independent from the former soviet union in one nine hundred ninety one but some recent news has tarnished a previously stellar reputation Central Bank Governor bill maher is rib civics has been accused of slow. Sitting a bribe and the nations Third Largest bank a b. L. V. Is facing sanctions from the United States for Money Laund