Is out, but john, mike, and me, post nine for the hour as the dows trying to repair early damage down about 30 points right now. The big story though, some of the redstone coming out on the battle for viacom. Sources tell us the deal is in place bringing to an end nine months of legal battles. Sumer in and his daughter are coming out on top. The settlement posted three lawsuits under way without putting to test the mental competency which has been called into question. The sources tell us viacoms ceo will step down immediately and coo tom dually will become interim through the end of september. He is not exactly losing. Hell receive a 72 million severance package, and thats on top of 491 million hes brought home in compensation from his past decade at viacom. Now he is among the most highly paid ceos despite the fact that viacom vastly underperformed the s p 500 and sumer in red media giant cbs. He has until he steps down as executive chairman on september 13th to prevent his proposal
For a market holiday. The hang seng up by a third of a percentage point. The shanghai up bay hay a half percent. The kospi up. In europe, in early trading. Green arrows there. Much bigger adavans than here. This is playing catch up and then some. The dax up 1. 9 . The cac up by 1. 8 . The ftse up 1 . Crude oil having its best day in two weeks yesterday. It was up nearly 3 at 45. 34. This morning up 1 to 45. 79. Big question around whether opec can pull anything off with this meeting they have next week or whether this is nor jawboning. Well continue to watch this. Lets get you through some big top stories. Weekly jobless claims come out at 8 30 eastern time. Filings are expected to hold steady at 260,000. Then at 10 00 a. M. , august existing home sales which are forecast to have risen more than 1 . Yahoo reportedly expected to confirm a massive data breach exposing millions of User Accounts. Re code saying the breach was widespread and serious. The data allegedly includes user names,
Washingtgt d. C. And you arright, the teleprpterare out for donald trump as t speech will be script did to the best of ou recolltion. This would only be the sond ti donald trump has done such a thing d for this event i wi be foreigpolicy. Last i noticed on throad for the aipaspeech just a few weeks ago. I was speaking with a tmp Foreign Policy adviserrobably 20, 30 minutes or so ago and t adviser tolde this to be a speech touching upon gater things. Not necessary diminish a finer points in details, but rathea grander theme t donald trump sues Foreign Policy in t world surroundinthe United States. There will be donald trump touches upon issues th you would suspect. I n, isis russia and the like. I am also told that trump ll try to dtinguish what he sees the u. S. Role in the wor ass different fr how its been er the last 20 years or so whicwould also include the presidency of the last republican psident, george w. Bu esparzasoreign policy team, trump said earli t today that he would be r
Available more low band spectrum. The need is burgeoning by multiples. There isnt a lot of good low band spectrum left and this is a new and novel method that congress has put in place and the fcc is to implement. Tonight at 8 00 eastern on cspan 2. More now about taiwan. Of recent discussion that focuses here on the relations between taiwan and china with topics including the political and economic issue, antiChina Sentiments in taiwan and engaging young people on social issues. From the stimson, just shy of an hour and 20 minutes. When we get going, and if we have some late arrivals, theyll just fill in. Good afternoon. Im alan romberg. I district the East Asia Program here and its my pleasure to welcome you this afternoon. To a program on what i think is a really important topic and the fact that there are so many people here i think demonstrates very clearly that im not alone in that thought. We know that the situation in the region and particularly in taiwan and cross relations is
Commitment to diversity and equality. Hillary has always believed the politics of inclusion. Equal pay paid leave and affordable childcare are Economic Strategies that will allow america to grow more and be more inclusive. And about her ideas on expading clean energy, treating americas growing Prescription Drug probelm. And plans for making College Affordable for everyone. Free tuition for middle class people and lowerincome people who need it and other supports and by making sure everyobody Going Forward can have the lowest possible Interest Rates and a fixed limit on how much they can pay per theyre in college they never have to drop out and we can build this country for them and they can be a part of it instead of worrying about a future that will never materialize. He called hillary a person who has always had the ability to get things done. And says thats something that will never change. Every day she will roll that rock up a hill and get something done if you carry her in this c