Bill mcnabb, his thoughts on vanguard. And we will ask him whether or not index funds have won. Is it game set, match . Also well talk with spyder man, thats state streets jim ross. He oversees billions of dollars in Exchange Traded funds. Who is using them . Are they used wisely or not . Well talk Retirement Savings with the retirement heads of Jpmorgan Chase and bank of america, merrill lynch. Well put it all into the context of whats going on in the market today. Trouble force stocks as the market today. Trouble force stocks as for stocks ahead, rising oil prices, falling jobs numbers. All of that ahead on power lunch. Thank you very much. We will get back to you shortly. Several big stories today on power lunch. Outside of the Mutual Fund Conference including former treasury secretary, tim geithner saying were not finished with the financial crisis but well explain the but part in a minute. Election day in the uk. Forget about what the polls say. The better question is what does th
Today. Be it medicare, tricare, private insurance, fehpb for those federal employees and when they dropped that they would immediately go into the va system for two years. I want to ask you to stop and think about that for just a second. To a veteran on medicare, theyre going to drop their medicare, go into the va for two years . And then pay the penalty to get back into part b medicare . For an employee who has private insurance, theyre going to drop their insurance and leave their spouse uncovered because they see some advantage to being on va . Its estimated that 90 of those veteran who is are eligible but not enrolled in va have less than 50 disability rating. The threshold to where its va care comes without a copay. These are individuals who have already made a determination that the coverage theyre under is the best coverage they could have. If not, they would be enrolled in the va today. So, the fact that cbo now says with just the execution of this minor reform legislation it w
I am sorry. This was the wrong decision. But i think its right that weve had a Public Inquiry in this country that is right that we have proper investigations. Yesterday, once again showed that no one is above the law in our country. Miliband . Mr. Speaker, today we know that for four years, the Prime Ministers handpicked closest adviser was a criminal and brought disgrace to downing street. We anyhow also know that the Prime Minister willfully ignored multiple warnings about him. On the 8th of july 2009, the guardian published evidence of phone hacking on an industrial scale when coulson was editor of the news of the world. At that time coulson was his director of communications. What action did he take . As i said a moment ago, the assurances i sought and received were the same assurances received by the press complaints commission, by select committee of this house and by police investigations. They were also thoroughly gone into by the leff levison inquir. Specifically, he talks ab
Nicole this is a stock down 80 over the last year. Jumping. David apple is up, stockholders are pretty happy about that. Nicole lets cheer for apple. Sorry it is not at 700. David but a 4 gain is not bad at all. Nicole it is good. Liz three quarter of a percent gain for the industrial. There you go, the bell ringing on wall street closing out the day not entirely erasing the loss of yesterday, but certainly making a go of it. Up 97 points. A gain of a full percentage point. You have the small and midcap up, not a bad day for wall street. David lets take a look at financials, they all performed today. Hitting 52week highs versus spider etf, the stockholders include the shares. Liz after weeks of speculation, the worst is here, that deal to take dell private is officially announced. 13. 65 per share, the price not even reaching that today. That is a disappointment. It took too long perhaps for the deal, but paving the way for netflix to be the next member of the nasdaq 100. David o. How
Welcome to the programme. To the United States first, and an investigation is underway in minneapolis into the death of another black man in police custody. Four officers have been sacked. The victim has been named as george floyd. Video has emerged showing a Police Officer kneeling on his neck, in the street, for some considerable time. This report, from nada tawfik, contains distressing images. A disturbing scene caught on camera by witnesses incensed over the polices actions. Bro . The 10 minute video shows george floyd pleading with officers who have him restrained on the ground. One of them using his knee to pin the man down by his neck. Clearly in distress, he tells the white officer he cant breathe and is in pain. The crowd tries to help and grows increasingly concerned and frustrated. When george floyd appears motionless, bystanders question why he isnt being given Urgent Medical attention. Seven minutes in to the video, an ambulance arrives. Hes put on a stretcher still handcu