Yearoveryear, and that is demonstrating that both on the revenue side and on the expense side, the impact of the restructuring is making itself felt. Iose would be the things would focus on. The overall performance, obviously, is weighed on by the cru and the losses in the cru, but even there, we are progressing basically in line with our plans both for deleveraging and cost reduction. We also had earnings news out from daimler as well as volkswagen, and youve got some earnings lines coming in from barclays. Anna absolutely. We continue with the banking theme. We have Net Operating Income coming in at 4. 70 one billion pounds, a touch below the 4. 60 one billion that had been penciled in by analysts. Theres been a lot changing, of course, since the month of march, especially the volatility, as we know. Interesting to look at what has happened in the Investment Banking part of the business as well. 3. 62 billion dollars, well ahead of the estimates for that particular part of the busine
With the very latest this morning. Checking market action. Its been a tough week for oil. We are seeing a gain of about one half of 1 . Still below 50 per barrel. They seem to be up. Seventy points at the opening of trading. He heard from the ecd yesterday. Two thirds of a in paris. In asia overnight. Markets were mostly higher. Political unrest in south korea. Deadly protests overnight erupting after the countries as it was removed from office. A 4yearold girl blown away by extreme winds amazing pictures here. Look at this. Wow. We will bring you the latest there. Making a cart for mans best friend. We like that. All of the stories are coming up. In joining me to talk about it. Happy friday. They could be a big number. I take it might be huge. The first jobs report under President Trump. We know the expectations are out there but does that market trade up. On a huge number or does the market trade down because they start raising Interest Rates next week. I think it is baked in. Unless
Military nominations, none of which are controversial. Is there any objection to that . If not, since a quorum is not present, but i asked committee to consider the 4,158 pending nominations, of these nominations, 503 nominations are two days short of the committees requirement. The nominations be in committee for seven days, i recommend the committee waive the sevenday rule to permit the nomination of these officers before the senate goes out for the october recess. Is there a motion to favorably report these 4,158 nominations to the senate . So moved. Is there a second . Second. All in favor . Aye. I thank the committee. We wouldnt want to go out for a long time without these pending nominations, none of which are in any way controversial. And i think that there was a cyber attack on admiral rogers automobile which accounts for him being late this morning. Well have a full investigation. Hes joking. Mr. Secretary, we welcome you and admiral rogers, and well begin with you, mr. Secret
The senate arm theed Services Committee that he didnt think they should be separate. This starts off with john mccain talking about military nominations. How are you, admiral . I would, since the quorum is not present, but we have pending military nominations, i would ask unanimous consent to waive the requirement for two more members to conduct the routine business for the 4,158 pending military nominations, none of which are controversial. Is there any objection to that . If not, since a quorum is not present, but i asked committee to consider the 4,158 pending nominations, of these nominations, 503 nominations are two days short of the committees requirement. The nominations be in committee for seven days, i recommend the committee waive the sevenday rule to permit the nomination of these officers before the senate goes out for the october recess. Is there a motion to favorably report these 4,158 nominations to the senate . So moved. Is there a second . Second. All in favor . Aye. I
A couple of questions that are important to dig into when you look at these numbers. The question of course what happened with u. S. Production, just under that level last week. Three weeks of declines in a row. We want to see if that continues. We did have the comments from the uae oil minister saying that oil prices are going to force production freezes. Thats a jab at iran here. A couple of reasons that you could see support for these. Back to you. Thank you for that. Its 8 00 a. M. At apple headquaters. Its 11 00 a. M. On wall street and squawk alley is live. Good thursday morning. Welcome to squawk alley. And along with Business Insider ceo. Its good to have you back. And its google ceo supporting inkripgs on a series of tweets. We build secure products to keep your Information Safe and we give Law Enforcement access today at a based on valid legal orders but thats wholly different than requiring companies to enable hacking of customer devices and data. This has been kicked around