Loan prime rate by 10 minutes to 4. 05 percent in an effort to ease Lending Conditions as n. P. A. Now warns that banks face a surge of up to 1. 00 trillion dollars in bad loans but chinas banking regulator and nouns that it will allow the countrys lenders to raise the tolerance for bad debts during the outbreak bad loans created during the crisis should not be counted as nonperforming loans as factories were prevented from reopening and workers were quarantined at home. Now apple i phone maker foxconn is cautiously restarting production at its main plant in china and warned on revenue guidance plans and vietnam india and mexico will continue operating at full capacity with expansion plans underway as it seeks to minimize the impact of the virus and now to give us the latest on the macro impacts is Todd Horowitz chief stratus above the trading so but we know already that apple rescinded its march Quarter Sales guidance and that the i phone i will probably be delayed so do you expect th
Protesters in hong kong, saying the nba has acted like a subsidiary of chinas communist party. Bogard onn bulgari. We bring you our exclusive interview from shanghai. Shery later, we bring you more on amazons after hours stock plunge, but first, lets get you started with a quick check of markets. We see u. S. Futures unchanged at the moment after we sawtek shares leading the gains on the s p 500 which closed above that 3000 level. We had Semiconductors Leading the gains. The Philadelphia Semiconductor index gaining 2. 5 after we got a positive outlook coming out of lam research. The dow, though, underperformed. Had three of we results showing the Global Industrial slump we are seeing is really weighing on the company. Of course, this just part of a raft of earnings we got today including microsoft and tesla gaining on solid earnings, and as we said earlier, amazon plunging after hours, so we will dissect all of those numbers later in the show, but first, lets get you started with a qui
Vice grip, the man who is building a 1 billion empire out of vice media. In pop, a fender bender to find out how the classic guitars are made by hand right here in america. Lets kick it off with what everyone is talking about today. The search for Malaysian Air flight 370. It has been just over two weeks since the plane disappeared after taking off from kuala lumpur. Multiple countries have searched the waters of the southeast by boat, plane, and by satellite. Investigators have analyzed mountains of data. At most, there has been only speculation as to what happened. Today, we heard from the malaysian Prime Minister on the latest analysis of data from a british satellite provider. Here it is, in the raw. Based on the new analysis, we have concluded that mh370 flew along the southern corridor and that its last position was in the middle of the indian ocean, west of perth. This is a remote location. Far from any possible landing place. It is therefore with deep sadness and regret that i
Building a 1 billion empire out of vice media. , a fender bender to find out how the classic guitars are made by hand right here in america. Lets kick it off with what everyone is talking about today. The search for Malaysian Air flight 370. It has been just over two weeks since the plane disappeared after taking off from kuala lumpur. Multiple countries have searched the waters of the southeast by boat, plane, and by satellite. Investigators have analyzed mountains of data. At most, there has been only speculation as to what happened. Today, we heard from the malaysian Prime Minister on the latest analysis of data from a british satellite provider. Here it is, in the raw. , weased on the new analysis flewconcluded that mh370 corridor anduthern that its last position was in the middle of the indian ocean, west of perth. Is a remote location. Possible landing place. It is therefore with deep sadness and regret that i must according toat mh370ew data, flight ended in the southern indian
Hillary clinton on the defensive despite her solid lead in the polls, including a new one from cnn. Clinton has tightly linked herself with president obama and theres this new government report out today that essentially says the premiums for the president s Signature Health care plan are to soar next year by an average of 22 for the benchmark silver plan, 22 , thats the average some states are much higher than that. Donald trump, he is seizing on this today. But obamacare is just blowing up and even the white house, our president , announced 25 or 26 . That number is so wrong, that is such a phony number. Youre talking about 60 , 70 , 80 in increases. Obamacare has to be repealed and replaced and it has to be replaced with something much less expensive for the people. Lets go to Sunlen Serfaty in washington on the news of the rise of the premiums. It puts pressure on president obama. Hillary clinton has not responded to the new report. We suspect at some point shell have to face quest