If the blue chips hit the milestone 26,000 at the open and coming to download added 1000 points in seven trading sessions. The shortest time for a gain of backsides ever. The rally could be held their earnings from several bigname Companies Including united, health care. Kerning in revenue came out a few moments ago but revenue and earnings topping expectations. The company said the most recent quarter earnings per share were boosted by 1. 21 by deferred tax benefits. The Company Revised their 2018 outlook to affect effects of tax law changes. This is why markets keep going up. Waiting for numbers from citigroup due out later this morning. The main thing to watch in the earnings whether more companies will be giving bonuses out to employees. Several big Auto Industry ceos including Fiat Chryslers Sergio Marchione spoke with fox business about what the legislation means for their companies. We removed all the cobwebs and concern about when they do it. Im glad weve done it. The tax packa
National symbols such as the flag or the National Anthem the same goes for social media with the posting of official symbols for better than russian athletes are also prohibited from participating in alternative victory ceremonies including any organized by the Russian Olympic Committee russian competitors congo display their National Flags in their bedrooms. The u. K. Has announced donald trump will be visiting britain in the second half of the year despite activists vowing to stage a huge protest to end here drives the president seems unfazed. I think a lot of the people in your country like what i stand for they respect what i say and so those who voted for tough border are going to come to those who dont what do you say to them i dont care i dont care its just one of those things i dont i dont say anything you know why because i dont care or chance visit had originally been planned for next month so he could officially open the new u. S. Embassy in london however the president s co
Future. Now becky quick. It was almost unimaginable, major inste city tuitions up tumbling like dominoes. Unemployment skyrocketing. The financial collapse of 2008. This week harks the 5th anniversary of the dodd frank financial rereform act built to keep it from happening again. Are consumerers safer and better off after the landmark legislation . Thats the cover story this week. Because of of the law the American People will never again be asked to foot the bill for wall streets mistakes. Five years ago this week president obama signed the dodd frank act. Thats a law designed to increase regulation on banks and Securities Trading to prevent another financial melt down like the crisis of 2008. One of the main provisions, the government could break up banks considered too big to fail. And the rule which prohibiting banks from owner, investing or sponsoring hedge funds or oh private equity funds for profit. The law created the Consumer Financial Protection Bureau but it faces criticism
Here in bbc news. Eight residents of a florida nursing home have died after Hurricane Irma knocked out its power and air conditioning, when it hit the state on sunday. 115 other residents of the home were evacuated, a number of them were in critical condition. Police are now conducting a criminal investigation into the deaths. Sarah corker reports. A state of emergency at a nursing home in florida. Without air conditioning since Hurricane Irma hit, four days ago, police say the deaths at the home in hollywood hills, north of miami, may be related to high temperatures inside the building. A tragedy described by one florida senator as inexcusable. 115 elderly and vulnerable residents, some in significant distress, were taken to safety on wednesday. At this time we have other patients in critical care. Right now the building has been sealed off and we are conducting a criminal investigation inside. We believe as this time, it may be related to the loss of power in the storm, but we are co
Report with sally. Panic on the high street it was britains first bank run in 150 years. But a decade on, have the lessons of Northern Rock been learnt . Plus, the oil age may be ending, but what comes next . Toyota is betting on hydrogen. We will be hearing from the european boss at the frankfurt motor show. Hello and a warm welcome. I am sally bundock. This is World Business report. We start with an uncomfortable anniversary for the financial industry here in the uk. Exactly ten years ago today the bbc broke the news that high Street Lender Northern Rock had been forced to ask the bank of england for help. What happened next was an early sign of the Global Financial crisis to come. It had huge implications for the industry and led to major changes, but some say not nearly enough. So if we have a look at the scenes that were all over the screens. These were Northern Rock branches all around the uk. The news sparked the first run on a british bank in 150 years, with savers queuing to t