Afternoon if you are watching from asia. These are your markets. We have quite a lot going through and extra data to check. You can see the stocks europe 600 down 2 because of the fair catch fresh tariff ramp imposed kind of came out of nowhere. People are wondering if it means we will not see a resolution. The one to watch, extending gains and treasuries heading higher. Crude at 54. 8. And if you break down some of the stocks and where we are seeing nervousness, you can see basic resources down 4 . And the u. S. 10 year yield at 1. 84. Coming up later on the program, we have a great exclusive for you. When youre on from taking the ,op job, we talk trade, china and luxury with chief executive. Dont miss that interview 30 minutes from them. From now. Now lets get first word news. The new Prime Minister has seen his parliamentary majority cut to just one after losing an wales. N and the liberal democrats won the special ballot. The tory mp for the area have been recalled after a convicti
U. S. Road map begins with stocks poised to rally at the open, boosted by rising global trade optimism, those earnings we mentioned from coke and utx, ceo of coke will join us today. Fiscal crisis averted the white house and congress striking a budget and debt ceiling deal. And lobbying for huawei restrictions release the ceos of qualcomm, google and intel and other tech giants make their case directly to the president. Futures are higher this morning on the heels of a number of better than expected earnings. Three dow components also cross beginning with coke. Shares higher after the Company Beats the street, raises organic revenue guidance and utx beats on the top and bottom lines. Mixed bag for travelers. Earnings fell short but ref new be beat coke seeing organic revenue five versus the prior four. Doing such a great job. Doing it with coke zero sugar which happens for quite good tasting. Doing it with water. Hes doing it with those small formats. Whimsical. Hes doing it with bette
Anywhere in the bond market. Crudear yield totally bucking its train from yesterday. Were selloff in over four years. The worst selloff in over four years. We are going to kick things off , the morningtters news that is moving the world. We are going to kick it off with china responding to the trade escalation. Ministrygn spokesperson saying china will have to take necessary countermeasures. We took now to bloombergs chief is a correspondent chief asia correspondent enda curran. Enda a pretty robust response, as you would expect. They said they will retaliate if the u. S. Goes ahead with these tariffs. They stop short on specific details, but the thinking is that china could respond by making life much more difficult for u. S. Companies operating within china that could divert purchases of agricultural goods away from the u. S. And scrapped those promises to buy more u. S. And they could let the yuan soften against the dollar. They probably have some restrictions on what they can do in
Hearing on legislation governing retransmission of broadcast Television Content by satellite tv companies. Representatives from the National Association of broadcasters, at t, the cable industry, and the Public Interest group testified at this hearing held by house energy and subcommittee on communications. There we go. Will now come to order. The chair recognizes himself for five minutes. Good morning, id like to welcome everyone to the subcommittees first hearing for stellar and evolving marketplace. Id like to thank our witnesses for appearing before us to address these important issues. Five years ago passed the act, extended authorization for Satellite Television companies to provide broadcast content to unserved households. According to satellite tv industry, this provision enables roughly 870,000 customers in mostly rural to receive broadcast television signals. These customers fall into a few categories, first is households that cant receive content using an antenna. Second is
[inaudible conversations] we will now come to order. The chair now recognizes himself for five minutes. Good morning. Id like to welcome everyone to the subcommittees first hearing of the new congress on the evolving media marketplace. It also like to thank her witnesses for appearing before us today to discuss these important issues. Five years ago this committee passed reauthorization act this spill extended the operation for Satellite Television companies to provide broadcast content to unserved households. According to the satellite tv industry this provision enables roughly 870,000 customers in mostly rural amenities to receive over the air broadcast Television Signals. These customers fall into a few categories per the first is household they cannot receive broadcast content using an antenna for the second as markets where satellite providers do not offer local to local service and the third is short markets where there are no local affiliate stations with any of the records and