Heavyweights cat cuts earnings outlook. Boeing sticking to the timeline for the return of the 737 max. Softbanks massive wework bailout. The latest deal details and the golden parachute for adam neumann. Mark zuckerberg goes to washington were going tostart with that pair of dow components, boeing erasing earlier losses despite a big earnings miss. Revenues slightly above consensus. Company still sees the 737 max getting back to service in q4. And then there is caterpillar, missing with quarterly results, cutting full year guide, hurt by weaker demand in china the first decline in quarterly profit since 2016. As they had sales down in every region which you just talked about. My travel trust owns it does that mean im an idiot . No it means you have to take pause and say they continue to buy back stock, they said would no longer be episodic cash flow remains really good. I didnt think i could make this much money with this decline in revenues all that said, so what 400 other companies i
Train were threatens the very existence of chinese factories. Our exclusive interview with the top supplier of consumer goods. Shery breaking news out of south korea. We just got the unemployment s, in line with estimates. The government continues to support job growth. We are seeing more job creation in the government sector, not to mention some green shoot in the private sector as well. In recent months, we have seen the Hospitality Industry showing some signs of recovery, so the Unemployment Rate Holding Steady at 4 . This after edging down to that level back in may. We have some pressure when it comes to manufacturing jobs given the trade tensions and uncertainty there. Lets get a quick check on how futures are trading at the moment. Lets start with south korea. Kospi futures gaining. 5 . Is coming up to the cost vfl to the weakest level the cost be fell to the week the kospi fell. The bank of korea easing bets, but still some uncertainty when it comes to samsung electronics. Nikke
U. S. President donald trump delivers a speech heavy on pomp and pageantry while light on political messaging. Together, we are part of one of the greatest stories ever told. The story of america. Nejra good morning and welcome to bloomberg daybreak europe. 6 00 in london and we are waiting for the u. S. Jobs report. Ahead of that, weve seen the 10 year yield it. To bond markets open after the celebrations. We got to 194 and our study at 1. 95. Futures come up. 1 on u. S. Equity futures. Week, we hit records on the s p 500, nasdaq, and dow. The dollar has been treading water the past few days. Euro, it is continuing the uptrend since the beginning of june and all the action has been in the european bond markets. The tenure bund yield dropping briefly below the ecbs deposit rate beyond 40. The action in btps has surprised the market in terms of the powerful rally. Weve also seen greeces 10year hit record lows. Gold, there we are above 1400 an ounce. That is a point of discussion and pay
Assuring some cooler air aloft. It did produce some high clouds but it looks like it washed out, mostly sunny today, hitting some patchy fog, then itll get chewed up. The temperatures on the cool side, the breeze is out of the west, southwest, even out to the delta and sacramento, there is an onshore breeze. Itll be mostly sunny, and on the cool side as you can see the system digging in and not going anywhere anytime soon. Itll slowly lift out on the weekend in the temperatures will climb. But today and tomorrow, we are looking for unseasonably cool temperatures, we have 60s and 70s. 7 01, he is here on a wednesday tell you the traffic is doing okay. If you are driving in most areas, we havent had any major problems, traffic insee it on t monitor, and you can see it on the commute here on the map, you can see all of the red hitting into the valley, it is still not as bad as i have seen it, but it is definitely slow. As you look at the santa cruz mountains, the glenwood stop has become
Much. So good morning and welcome to the budget and finance committee, everyone. Todays agenda is focused on bringing back departments that we heard presentations from last week to hear recommendations for reductions from the budget and legislative analyst. Also on todays agenda are particular training items particular with each departments budget. There will be Public Comment on those items at the time they are heard, and there will be Public Comment on budget reductions after each item is heard. Before i get into the items, my office is releasing a proposed spending plan that totals over 30 million over two years which will be on the boards website. As you all know, its being released before each committee knows the budget. We know that the demand for budget allocations the board received far exceeds far exceeds the available funding. Our office has received budget requests totaling more than 500 million and as i noted, this initial spending plan totals 30 million. While we have a st