Katie welcome to bloomberg markets. Take a look at markets now and you have the big benchmarks fighting to stay green even as we worry about regional banks. The s p 500 is higher by 0. 2 and big tech is slightly better. The nasdaq 100 is up about 0. 4 . Kre is an etf that tracks regional banks and its off by about 2. 2 or so. The new York Community bank shares are at the lowest since 1996. They are plunging once again for the commercial real estate lender said it found Material Weaknesses and how it tracks loan risks. Hermann chan joins me now. Could this test put this into context. We were waiting for another shoe to drop so how bad is this one . The disclosure yesterday evening about the Material Weakness raises questions on how the bank is monitoring their Loan Portfolio especially with heightened exposure to areas of concern like Office Commercial real estate and rent regulated apartment lending. It adds to the uncertainty and raises questions on future potential provisions for loa
Kids can do anything and sometimes pay the price. But we begin this morning with a look at todays eye opener, your world in nds. If anything happens to guam, theres going to be big, big inble ou nor kotha. Re warning as the world holds its breath. This man will not get away with what hes doing, believe me. Hes playing a game of chicken. Hes playing his game. Hes a real estate tycoon in manhattan. I antony think kim knows what hes getting into. As well as a mess. The people are suffering and theyre days. We have many options including a possibley aril mitoption. All white demonstrators get erthge. T staturee of robert e. Lee wille ta swift justice in denver for singer taylor swift. A judge has ruled in her favor by tloeg out a case brought by former deejay. The Dallas Cowboys suspended Ezekiel Elliott for six games. He beat up a woman. We have to look at him differently. A painfwhat ryu r you going and all that matters. What a catch. Oh, my good finance. On cbs this morning. On tuesday
Winds w 1520 g 40 mph happening now. The u. S. Is expelling russian diplomats. Its being called the most forceful american response ever to a statesponsored cyberattack. Abcs janai norman is breaking down the unprecedented diplomatic move. Developing right now. Police are shooting late last night in capitol heights. Officers responded to reports of a shooting in the 39hundred block of byers street just before 9 oclock. Police tell us that one man was found unresponsive on the scene with a gunshot wound to his upper body. He later died at released information about a motive or a suspect. Prince georges county crime solvers are offering a reward for information leading to an arrest. Right now. A Queen Annes County sheriffs deputy remains in Critical Condition after he was shot responding to a domestic disturbance call. We first told you about this as breaking news yesterday morning. Police say Deputy Warren scott hogan was escorting a woman into the house to get some of her belongings wh
A 2 year break due to the corona virus pandemic. D w reporter improve righty. Took part in some of the festivities in munich. And well hear more about his experience later on in the show. Everyone welcome to another additional euro max with me, your house, meghan late. There was a look at what else weve gotten, store a pinch of salt, how fine the cell is produced on the island of my york. And the work of italian street artist pony will make you look twice. Its that time of year again in southern germany where party goers dress up and consume Copious Amounts of beer for octoberfest at the same time. Its a chance for women to dress in a traditional journal and for the men to wear. Later hosen will d, w reporter drove ratty is from india and visited octoberfest in unit for the 1st time. So we got to see the famous beer festival from a new perspective. Oh, in the last 2 years, october 1st for scans that are new to the bulletin 19 effective this year. Its back without an equal with one fact
Old. And a letter to liverpool, the irish schoolboy who wants the premier league frontrunners to stop scoring so many goals hello and welcome to world news today. The World Health Organisation is warning that the world is at a Tipping Point regarding the coronavirus outbreak. The head of the who said the window of opportunity to contain the virus is narrowing. He stressed that, before it closes completely, countries around the world must act quickly. Although the winter of opportunity is narrowing to contain the outbreak, we still have a chance to contain it. But while doing that we have to prepare at the same time for any eventualities because this outbreak could go any direction. It could even be messy. It is and our hands now. If we do well with the narrowing window of opportunity, we can narrowing window of opportunity, we ca n reverse narrowing window of opportunity, we can reverse or narrowing window of opportunity, we can reverse oi revert narrowing window of opportunity, we can