Pointing upward the wall street journal is calling the last four months a melt up and thats what it looks like. Dow up by 83 points. S p 500 looking to open 12 points higher. Treasury yields as well. Were at. 572. Theres a mix of what theyre thinking and what the equity markets think, right melissa okay we have a we will work on the audio and hopefully get that a busy week ahead. A twoday fed meeting with a policy announcement. No major change is expected. That will tell you that but investors will watch for clues about what the central bank might do next and then on the corporate front earnings season kicks into overdrive 167 of the s p 500 companies will report. Well hear from 12 dow components and among the names likely to get a lot of attention, apple, amazon, boeing, mcdonalds, 3m, exxon and many others. This is if you like earnings, if youre excited by earnings this is going to be a big week. So far this season we heard from 128 of the s p 500 companies so well more than double t
The aisle lash out at the ceos of amazon, apple, facebook, and google. Let the angels rejoice. Do you copy your competitors . Artists making an astonishing congresswomen, weve adapted personal transformation. Features. Ahead, what congress could do to keep those companies in check. Honoring an icon. And whats a young guy who is a final farewell for John Lewis John lewis. About to get his brains beat out today. His funeral at a Historic Church in atlanta. Three former president s set to and going to prison taking that . Attend, with president obama i think he figured that if John Lewis Thomas merton could find his way and keep his faith and believe delivering the eulogy. The boy from troy. In the future, he, john lewis, were there live. Breaking overnight. Could, too. Tropical storm isaias forms in the caribbean. And [ applause ] warnings for florida and parts of the south, bracing for so we honor our friend. Potential problems this weekend. Let me just offer this we praise als got the
At the same time, we generated more capital through earnings. Thats why are ratio is 12. 5 . Talk to me about the merging of the two units. What is the reasoning behind that . The Investment Bank merger is something weve been discussing for months. Even my predecessor, it was already a topic. 2015, clearlyn the two had to be separated. We had to restructure the trading business. Are at a stage or we can put them back together again. Most of our competitors have it anyway. This is not a cost exercise. There will be some cost benefits. Its really about having one overriding business to have one Investment Bank globally, one equities business. A Global Trading solution business, which build on our success. It serves our equity, fixed income, transactional business for the private bank and institutional business. How difficult was it to do this in the middle of the pandemic . Thomas it was relatively good. You get used to resume calls. Zoom calls. We had many internal calls to get this lin
A controversial social Media Building closed in turkey smocks concerns about freedom of expression. Thank you very much for joining us we begin in india where Health Experts say theres been a shop increase in the number of corona virus infections largely due to poor infrastructure nearly 48000 cases where reported on to say bringing the total number to more than 1500000. 00 the regions of delhi my russia and tamil nadu account for more than half the new cases and as a 3rd worst affected nation after the u. S. And brazil with more than 34000 deaths and a medical survey is revealing alarming sistas 6 about the spread of the virus in mumbai more than 4000000 People Living in the city slums have had the virus that tests on nearly 7000. Randomly selected people there found 57 percent of them had bodies for the virus about 40 percent of mumbais population lives in shanties and its home to asias largest slum with an estimated 1000000 people the survey suggests a high rate of infections withou
A controversial social media bill passed in turkey spocks concern about freedom of expression. Thank you for joining is. The most populous country in the world not to have recorded a single coronavirus related death and after being virus free for months it says its making preparations for a major wave of infections dozens of cases have been reported in the central city of don where a Strict Lockdown is now in place infections have also been reported in its 2 lodges cities the capital high noise and hoshi mean city the vietnamese government says the entire country is now at risk of infection as spring in our correspondent scott highway has in bangkok for scott vietnam was seen as a Success Story in containing coronavirus but is now on high alert. It absolutely is although you know you we you know you look at the last 3 months there what wasnt one case of locally transmitted coded positive case so obviously when we saw what happened over the weekend and then last weekend there was there