All that would have otherwise gone toward retirement in addition to any pension plan they had but isnt available any more. We know that workers are not saving enough for their retirement. We know, as youve outlined, there has been a real shift from defined benefit to defined contribution plans. And that shift puts more responsibilities on workers shoulders to manage risks and to manage the decisions. Oftentimes without having investment expertise. Youve actually covered a lot of trt that i hope to cover territory that i hope to cover in my questions with you. In particular, about how workers with smaller accounts, those who arguably need the retirement protection the most, will have access to high quality and affordable advice. So im going to move to something a little bit more specific given some of the proud traditions in my home state of wisconsin. We actually have a history of cooperatives and mutual ownership companies. So companies that are owned northwest mutual for instance. Fo
The governor of the various states. Our ambassador to the United States of america and corporate sponsors and captains of industry here and distinguished ladies and gentlemen. Surprised to meet the but iexecutive of naboo, am surprised to meet the chief executive of venice bank. Maybe he was brought by the governor of the centrist bank. [laughter] let me begin by saying how happy i am to be here tonight, and to be treated to this elaborate dinner in the United States chambers of congress. Many entrepreneurs and captains of industry here well of theaks relationship between nigeria and the United States. Through theirme activities in nigeria. Is toention here tonight simply bring a message of hope andt my countrys future the opportunities that are available for United States investors. Longstanding excellent relations between nigeria and the United States went to sign up by nation agreement in 2010 as the framework to guide our interactions. The agreement provides a to efficiently manage
Whether the u. S. Will stay in a few hours from now. Many fortune 500 ceo says we should they appear in lauren more issues for over half the Ridesharing Company reported a firstquarter loss of over 700 million. Cheryl in sports and the Pittsburgh Penguins go on a scoring blitz to take the lead in the finals against the predators. All of that coming up in sports. Lauren first day of june. Dow futures up 16 points, s p upgrade. Cheryl happy june. 5 01 a. M. The major. It is june 1st. Welcome to fbn am, sometime lauren the House Intelligence Committee issuing an subpoenas as the Russian Investigation into size. Tracey cross for joining us now with the details. Good morning. Spin the House Intelligence Committee issuing subpoenas for National Security adviser Michael Flynn. President trumps personal lawyer michael as well as businesses. All part of the investigation into russian and a sturdy 2016 election. In addition to the subpoenas, the committee has issued three others related to on as
Percentage point the shanghai up by 0. 4 . In europe in the early trading, you will see green arrows across most of the major indices. The dax is up by a half percentage point, the cac in france up by a quarter percentage point crude oil prices which were up sharply yesterday, are down by two cents. Wti about 47. A couple big stories were watching this morning. Shares of tmobile are moving higher the Company Reported earnings of 67 Cents Per Share beating estimates of 29 cents. Revenue Beat Estimates tmobile added 1. 9 million new cust nomers in the quarter. Facebook confirming its working on a subscription feature to let publishers charge for stories on the social media site this could take pressure off of them in terms of the battle with the news industry. The pay wall will be available through instant articles starting in october. It would likely kick in after a user reads ten articles in a month. Facebook shares up 15 . On the wall street agenda another flood of Earnings Report abb
What they are discussing and who we have just learned is joining trumps business council. Its wednesday, december 14. Im kenny choi. Im michelle griego. President elect donald trump is starting the public push for his secretary of state but some in congress say they have concerns. That comes as mr. Trump will focus on hightech jobs today when hosts a tech summit. As Kenneth Craig reports, leaders from companies such as google, facebook and amazon are all attending. Kenneth . Michelle, a lot of folks here for the meet having not the president elects best friends but they have a lot of the same common goals and today they are meeting in the middle. Merry christmas reporter president elect trump it a Little Christmas cheer as he touted his pick to be secretary of state. Mr. Trump says Rex Tillerson rapport with World Leaders is an asset. Rex is friendly with many of the leaders in the world that we dont get along with and some people dont like that. Reporter tillersons close relationship