Strength of the us economy, issuing a thanksgiving message to our troops and thanked them for their service. Fighting for something real, you are fighting for something good. A lot of things happened with our country over the last short time and they are really good, they are really good. I especially like saying companies are starting to come back, we are working on tax cuts, big fat beautiful tax cuts and hopefully we will get that and you will see things happen. Dagen big fat beautiful tax cuts, is that why the market is up . A short trading day, on the dow futures, all major markets hit alltime highs earlier in the week including the russell 2000, the store opened half a day, stock market closing, in europe look at what is happening, a slight loss on the s p in england. Asia gains across the board, shanghai, the nikkei, hong kong and south korea. New details in that uber hack. Accompanys new ceo was made aware of the attack shortly after he started in september. It wasnt made publi
Volatile tuesday. It is 6 00 here and the markets are closing in japan and we have serious weakness. And thetocks are down bank risk is something we have in the context of Deutsche Bank. When was the last time that you saw them send a statement . Torch paper ofa balance risk and this is comparing a raft of banks. Of insuringhe cost against defaults. Indeed. You have 102 billion worth of bank debt making investors nervous around the market. We will get more context on that number and show you how it compares to others. We talked about weakness coming through and you can see some of the risk aversion coming with a strengthening in the yen and a stronger negative rate weakening the currency and a distant memory, it would seem, now. The bonds are negative for the first time ever. We have gone from negative rates in japan and the yields percent oints to that was the yield. We want to remind you that we started this year at 3. 2 . They seem more worried about the global picture. We have gold
Guy good morning. You are watching the pulse. We are right here in london. Im guy johnson. Europes Biggest Investment Bank, germanys biggest bank is racing for its biggest loss and a decade. Deutsche bank could scrap its dividend. Its boosting reserves for legal costs. Sounds like a bad thing. Ryan chilcote here with the details. We got a lot of bad news. It sounds really terrible. But stock is up. What is going on . Ryan the Immediate Reaction was negative. The stock is up. There is a giant competition going on. The balls the balls on the up. K the stock now why . A lot of people saying we thought when they did this announcement we were going to get a Capital Increase. The fact that the dividend is going to take a hit, is a do it is a positive. It increases the likelihood of a Capital Increase down the road. Analysts whonty of think a Capital Increase could happen here it happen. Ryan the second issue is take everything that was happening in the statement to the side, look at pretax p
Liner for more than three months . A japanese paper out reporting cold winter temperatures were a factor in the meltdown of the lithium ion batteries which caused at least one of the boeing 737 dream liners to make an Emergency Landing in japan. Meantime, in alternatings news out of japan, it was a big quarter for toyota has the highlander is hot. Toyota posted a better than expected 3. 4 increase in quarterly profits and the automaker raising the outlook for the year. Can we move back to the battery . The battery thing, people dont have battery hybrid cars and things like that in cold places simple will ily because of the weather. Batteries dont do well in cold. Thats the whole thing. We had a guy the guy from toyota who lives in michigan who wont have a hybrid car in michigan because its too cold for the battery to actually do its thing. I would think this the plane is going its freezing up there every day. Im not a is that good news for boeing . Does it signal simply just a battery
Skills. Melissa brace for impact. Wage rage may be about to hit Washington State twice whether you agree with the ongoing wage wars or not. This takes it to a new level. Despite a minimum wage hike two weeks ago on january 1st, despite having the highest minimum wage in the country, at 9. 32 an hour, Washington State wants to raise it again. Seatacs mayor who supports the second spike joins me on the phone. Why do you support this, mayor . Thank you for having me today. I support this because i see in our community that we are utilizing all of our resources to help with public assistance in order to keep our community thriving. Melissa so it is about saving taxpayer money on public assistance . Well, right now, the taxpayers pay a lot of money through public assistance. Melissa okay. You dont fear you would end up more people out of work and thus, costing the city more money . The general manager of cedar brook lodge in seatac itself is quoted saying they will have to reduce hours and