They still have to vote on final passage of the bill, then it will go to the house im told to expect that 4 00, 4 30, somewhere in that range. Then the president will have to sign it. The white house said expect that Late Afternoon early evening but there are already restarting talks on immigration even before the passage is final of that bill senator john cornyn, the number two republican in the senate, just told a bunch of reporters that he had a meeting at the white house on immigration with other senators like senator cotton, perdue, langford and grassley they were informing the president about what they thought could actually pass the senate on a bipartisan basis they said they put to bed Graham Durbin, which was the preexisting bipartisan framework in the senate and trying to work on what comes next this immigration debate is heating up as we now look towards the new deadline in three weeks. Not only do you have that debate, which will be exceedingly contentious in both chambers
Out my myspace page. Power lunch begins right now and welcome to power lunch. Im melissa lee. The dow and s p both hitting records. Neither had back to back losses so far in 2018 all three major averages on track for a fouj straight positive week and on pace for the biggest monthly gain since october of 2013. And 3m and intel soaring and dividend hike. Well check out the other movers colgate is down. Revenue falling short. Honeywell is higher on the earning by 1 . The company also raising the outlook in starbucks, down 6 revenue missing forecast sales growth expected to come in at the low end of the prior 2018 forecast thank you very much. Welcome, im Tyler Mathisen and get you up to date shares of wynn tanking now down 7 on the reports of Sexual Misconduct by the ceo and founder steve wynn the wall street journal reporting dozens of people coming forward, more on this developing story ahead us economy growing steadily in the Fourth Quarter of last year but losing steam from the summer
Lower because inflation Interest Rates are heading higher, there is a surprise in the numbers today. Retail sales actually fell in january no explanation, but a surprise. So this is where we stand after three days of gains, stocks down this wednesday morning. Throughout the show we will ask now what . We also have good news, more good news from olympics american team, the old half pipe star has returned, Varney Company about to the guys been around a long time. The latest medal count, germany has the most gold so far. The netherlands leads overall. The u. S. Is days. On a personal note, this medals count for countries. I prefer to celebrate extraordinary individual performance. Everyone should win one. Youre putting the metal cow. Stuart i admire your attempt at humor here. Ashley its about winners. Im for america winning the most gold. Believe me. Future is down because inflation is that. Down 200 though. Catastrophic for the dow. Lees peek columnist and creature router to the hail. A
Ireland are lobbying for more a flexible approach and many eu officials believe the transition will be extended because the u. K. Will not be able to get the kind of trade deal it wants and three years. The kenyan Opposition Party has released authentic electro and results showing Election Results saying is leader won the august votes. The Electoral Commission called the announcement a desperate effort to create a nonexistent reality. Opposition leaders are preparing to hold the socalled inauguration next week of their candidate and protest of the real threat of the current president. Global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Noon in new york at 5 00 p. M. In london. I am vonnie quinn. Shery i am shery ahn. Welcome to bloomberg markets. Vonnie from bloomberg World Headquarters in new york, here are the top stories we are following. Latin America Political calendar hot as Nine Countrie
Welcome back, everybody. This is bloomberg daybreak europe. Welcome back to another trading week. We have a quick look numbers through from ryanair. 750 million euro Share Buyback in february. Thirdquarter revenue comes in exactly in line with the estimates at 1. 4 billion euros. Traffic up by 8 . At 129ve seen it million. Nothing enormously substantial. This is interesting. Some of this coming through in the numbers from ryanair. Fourth quarter fares will be up due to easter. The profits jumped into off percent, and they still see 2018 net profit at 1. 4 5 billion euros. Those are the headlines coming through. A lot of questions to ask in terms of employment cost. They finally recognize unions at ryanair. Little bit about that this morning. And how do they relate to the strong numbers we saw out of recently . We put all of that to the cfo of ryanair. Lets do a quick word on where we are in global markets. This is the big picture. The biggest selloff in global stocks in two years, and