Relations between foreigners and locals have become violent tile with calls to reduce influx of immigrants. Former malaysian Prime Minister najib razak 2nd corruption trial has started with prosecutors accusing him of employing an elaborate charade of to steal billions of dollars from a States Investment fund the 66 year old faces 25. 00 charges including Money Laundering and denies any wrongdoing and accuses the current government of pursuing political vengeance. Malaysias former Prime Minister najib razak is expected to face 5 trials this one could be the most significant it involves more than half a 1000000000. 00 linked to a one m. B. De state fund that allegedly ended up in his bank account but in this case he faces 25 counts of Money Laundering an abuse of power. Of the people in charge of corruption of the all region they have been put in jail and people are waiting to see where this government can deliver the promises they made in the last election which is the mission. And peo
Yes. A busy earnings day. Also awaiting whole food reports in a major board shakeup. What to do with the grocery stock. Shares fractionally lower now. And you heard, boeing halted flights of its 737 max jets because of engine issues that surfaced over the weekend. Well have breaking details and the stocks suffering as a result of that anournnouncementannounc we begin with the story the whole country is talking about, fallout from president trumps surprise dismissal of fbi director james comey last night. Eamon javers and amy on capitol hill. Eamon, you first. Sanders here at the white house finishing up a briefing within the past hour or so. She made a number of points including that the president is going to meet with the new acting director of the fbi today. The search for a successor is beginning today. She also said that the president s thinking on this began mucherer than we learned when this news officially broke last night. What she said i think its been an erosion of confidence
Us in an exclusive interview. Theres talk of a bubble in the retail industry. Now being acknowledged. Biotech boom. Moves from 25 to 30 to 74 . And well see whether there might be still more up side for the companies youre looking at. But we start with the big news out of washington. Youve been watching it on cnbc. Fbi director james comey testifying on capitol hill about the investigations underway of russias influence in the u. S. Elections. Eamon javers has been following along. He has more details on what was said today. Eamon . Reporter bill, thats right. Going into the hearing there was some question about whether fbi director james comey would, in fact, confirm that there is a federal Law Enforcement investigation into russian influence in the 2016 elections. James comey did exactly that today to the surprise of some. Heres what he said. The fbi as part of our Counter Intelligence mission is investigating the russian governments efforts to interfere in the 2016 president ial ele
Israel and hamas agree to an unconstitutional unconditional 72 hour ceasefire. Welcome to countdown. From frances secondbiggest bank. It looks like secondquarter earnings have beaten estimates. Thanks to a 7. 8 decline in provisions. Net income rising. It is the highest quarterly. Evel since mid2010 stocks return on equity, which is a key measure of infitability, reaching 8. 8 the Second Quarter, up from 8. 8 from 8. 4 a year earlier. A returnis to receive of at least 10 by 2016. This comes a day after the biggest bank posted a four points read billion euro quarterly loss yesterday after the record penalty for doing business with sudan and other lacks like listed listed by the United States. Caroline joins us from paris. This is one of the most exposed banks to russia. Yes, the numbers are better than expected. They had a 24 decline in provisions for risky loans. They did take 200 million euro litigationor known risks. They have a big retail presence. Of rosebank. I asked what exactly
We have a forecast coming up. We start with the tail end of earnings and all those predictions that we would see negative Earnings Growth. We had the report and since then the s p 5 hundred index is up about. 9 . Bob pisani is live with where we saw gains and losses and what expected from retail this week. First up the answer to this question. Did we see growth this earnings season . We are pretty close to seeing an actual Earnings Growth picture for all of this season. Lets take you to the score cart. Through this morning, we have got about 447 of the 500 companies in the s p 500 that have reported earnings. Among those, 67 beat estimates. The caveat there as always is maybe its on lower expectations. They have about one in four will say close to 23 missed estimates. We talk about the idea that we might see growth if things go on track for the remaining 10 or 11 yet to report. We could see about two plus percent Earnings Growth. Thats not robust but we were expecting a decline into th