Surveillance. I am Francine Lacqua. Tom, i know you were in new york and it is going to be a great day. Bank newsthe deutsche , it gets your attention. I would focus as well on the italian banks. It is benny the headlines, but watching unicredit beneath the headlines but watching unicredit. Francine especially if the nonperforming loans keep putting an damper a damper on the italian stocks and the european stocks. Nejra we start with some news breaking in just the past two minutes in turkey, markets are giving a vote of confidence to the latest move by the Prime Minister elect. He has decided to keep the last man standing of a market Friendly Team credited with turkeys economic boom. It is a boost for british Prime Minister David Cameron and his campaign to stay in the european union. Older voters are switching to his side according to the or be survey. 55 plan tors over vote to stay in eu, up from 34 in march. The referendum is june 23. Euro area finance mise ministers meet to discuss
James gorman at Morgan Stanley said it was going to be about leadership tonight. Not so much what is the fed going to do at the meeting . What can we learn from these fed chairman about their policies and how they shaped u. S. Economic policy, but their thinking and how they built and consensus with other members of the fed . Chris that will be interesting. Volcker ran into some issues with the committee at one time where some of the people were voting against him. It is extraordinarily difficult. I remember what yellen said. I asked her one time, these people are saying this about policy and this. She goes, what can i tell you . We dont always sing is a chorus the same song, the same tune. Jobhas done a pretty good given that shes only been on the job two years. She seems to be quite a strong chair. Mark it was interesting because what i heard this event was going to take place and you and i were going to be up here, the one thing of wanted to try to get your thoughts on i am more int
On a stalemate over money. Members of the group are dragging their heels about how much a turkey should get. Turkey is harboring 2 million refugees. Israeli forces are taking security precautions ahead of friday prayers. Police say they will bar most muslim men from praying at a mosque. Israelis and 31 palestinians have died in a series of attacks this month. In southern california, several hundred vehicles are stranded on a freeway after a flash flood caused the massive mudslide. It happened on interstate 5 40 miles north of downtown los angeles. No reports of injuries. It could take 24 hours to clear the road. Months hemp point for was financing his president ial campaign with his own money, but a government filing yesterday revealed it is being paid for mostly by donations. Receivedree he has 3. 75 million. Donald trump these pacs are the biggest disgusting thing you have seen. They are controlling the candidates. I guarantee you these candidates i would say every single one of them
In europe, a bloodbath. Major indexes down more than 1 , the dax off almost 2 europesu get economy going again . Mario draghi and the finance minister different answers. Draghi spoke. Wolfgang schaeuble urged governments to keep up budgetary discipline. Cap up the drumbeat on the necessity for budgetary reforms. I do not sounding argument compelling. Microsoft Ceo Satya Nadella ts a do over on a question about women asking for wages. Womena was asked what should do when they feel uncomfortable asking for a raise. He repeated advice believe in the system. Eeted. Ards, nadella tw close gender must pay gap. As ceo of microsoft, he is wellpositioned to do that. Has unveiled an allwheeldrive version of its model as. The new tesla has a radar that can see through fog, plus two motors to better handle snow. Here we go woah. Did you see that. Out, with aound test drive with elon musk, 691 torque. Er, 687 feet of seconds. N 3. 2 musk told her its not all about speed. Can have theou a moreoperat
Not everybody is on board. Some say the ecb is doing too little, too late. Job cuts are on the way at ebay. They will cut 2400 jobs, 7 of the workforce. Ebay is preparing to split from its paypal unit. American express will cut more than 4000 jobs part of a restructuring. Google is raising the stakes for wireless wars are paring sell Wireless Service directly to consumers. Google has reached a deal to use the networks of tmobile and sprint. No word when the Google Service might start or what it will cost. An outbreak of measles linked to disneyland has now spread beyond california. Seven people have been infected in five states and mexico. Urging those who have not been vaccinated to get avoided disneyland park. The ecbs qe verdict, we are waiting that. Mario we are awaiting that. Positive goals standing by in print for where mario draghi will be holding his News Conference in 30 minutes. Also joining us on the phone is mohammed olli mohamed elerian. They say they are not going to cut