Squash competition. All Companies Report today. An earnings onslaught in europe with results from big banks and oil. Standardto the ceos of charter, Credit Suisse, and shell. Welcome to daybreak europe. Lets get to that earnings onslaught. Credit suisse numbers broke a few minutes ago. Credit suisse is to create a Global Investment bank. We were reporting that Credit Suisse was planning to announce a Major Overhaul of the business. We learned that its creating a Global Investment bank, combining the chief risk and Compliance Officer roles as well. In terms of the numbers, net revenue beat the highest analyst estimate. Net income also beat the highest estimate. The provision for loan losses coming in at 296 million swiss francs. The estimate was 443. 9 million. Lower than what analysts were expecting. The common equity tier one ratio coming in better than expected, 12. 5 . The estimate was 11. 6. In terms of the Second Quarter net income number, it beat the height estimate. The estimate
We all know that the economy may to die. It was given by obviously not be ailing from the pandemic, but friends of the administration. The Trump Administration is now actively seeking a prescription and the study came out. That may lead to a cure. The people were ready to die, today in the bays tracie potts joins us live from everybody was old, had bad washington this morning with a look at the leading experts that problems with hearts, diabetes are being brought in to try to and Everything Else you can help. Good morning, tracie. Imagine. So they gave it. Immediately when it came out they gave a lot of false information. Reporter laura, good morning. They are looking for health the president said on monday experts to try to fix the he is taking hydroxychloroquine economy. Nbc news has confirmed there is to prevent covid19. Mrs. Walker. Obviously what the president an active effort to get doctors Michael Vasquez come over here. Decision between him and his behind the president s plan t
Yes. We are looking at clearing and sunshine as we had through the day. A pleasant day across the area and High Pressure will start to build in today. Heres a live look with our camera. You can see the clouds in the sky. We are in the 40s and 50s as we start off our day. Mid 50s there. 57 in san jose and 47 in santa rosa. Through the day we will look at 67 in San Francisco and low 70s in san jose and mid 70s in concord. Today is the start of a warming trend for us. We are going to see temperatures rise as we had through the week. I will talk about that Holiday Weekend forecast coming up in a few minutes. We are continuing to follow a developing story. The Investigation Continues after big fire left a firefighter injured this morning. The fire broke out at about 2 30 at calderon tires. It was mainly contained to a big pile of tires right next to there was some damage to the outside of the building from the smoke and flames. Firefighters were able to put the fire out by spraying water on
116. Now the nasdaq is down 335. Another part of the problem is that its the first of the month. The rent is due for shuttered businesses both big and small across the nation. The ceo of the International Council of Shopping Centers, the landlords, is here in a fox business exclusive. We will ask are the checks coming in and if not, whats the plan . Evictions, waivers . We will find out. Plus, the unintended consequences of working and learning at home. Zoom bombing, have you heard about this . Its like a photo bomb on Video Conferences from complete strangers who are hacking and weaseling their way in. Some are funny, some are downright criminal. Coming up, the company that allows everyone to sign checks and documents remotely has all employees working at home. The ceo of docusign on balancing that challenge with its skyrocketing business and stock price, up 70 year over year. Remember last week countdown was the first to tell you how 3d systems was converting its 3d printed scuba mas
Agencies as well. This is our first hearing on the president s fiscal year 2021 budget request. However, i want to start with a matter of urgency. The coronavirus, covert 19, cases are growing as is alarm, this is both domestically and internationally. The u. S. Government has responded to the covert 19 outbreak with aggressive measures, significant travel restrictions, mandatory 14day quarantine for individuals returning to the u. S. From province. Mr. Secretary, i support your declaration of a Public Health emergency, we are dealing with the likelihood of a global pandemic, interesting to note yesterday from the cdc that commented that with regard to the United States its not a question of if but a question of when we will face the issue seriously here. That said, i have serious concerns about the administrations responsiveness with respect to funding, i understand senators of both parties expressed a similar concern to you at their hearing yesterday. I have repeatedly asked for info