This morning until tomorrow morning at 7 am. Highs today in the 60s unless you get a north wind and then will be in the 70s. right now we have traffic that will be busy if you are driving on 80 westbound and driving into the macarthur maze area. I can see traffic is slow there and also unconquered, highway 4, slow traffic. We do have a look at the commute on interstate 880 and theres no major issues on the peninsula. A little bit of slowly beginning to develop in the south bay commute. Now its 6 01 am lets go back to the desk. We begin with developing news and East San Jose were police are searching for a driver behind a deadly hitand run. The collision happened shortly after 10 00 last night at the intersection of alan rock and jackson avenue. The driver of a 1999 honda hid a tesla head on and then veered into another lane and hit a dodge durango. The driver of the honda ran off but left two passengers in the car. One witness tells us he got to the victims first before paramedics a
As the British Asset manager posts 16 billion pounds worth of outflows in the first half despite some strong market gains. And china sets its yuan fix at a slightly weaker than expected level, the trump team plays down fears of a drawnout trade war. The nato secretarygeneral tells cnbc the tension goes beyond trade. We need to assess security consequences for all of us of the rising military power of china and also see that china is coming closer to us in europe, in africa. A very warm welcome to street signs. As you can see, a fragile calm taking hold of markets today in europe this follows a mixed session in asia and a rebound on wall street the stoxx 600 trading about 0. 7 higher the calm really has come on the dak back of stabilization in the yuan the pboc fixed the Reference Point for the yuan slightly weaker than expected, but overall no more escalation in the u. S. china trade tensions and currency tensions. We have plenty of corporate earnings coming through today in europe let
25 jump in earnings and vowing to restart its dividend. Happy holidays for intercontinental. Shares rise as the hotel group increases its dividend on higher fullyear profits. The ceo tells cnbc the impact of sterling weakness is muted. It had marginal impact on us on the year, it reduced our overhead cost on sterling, but we had an impact on revenues because were dollarbased, report in dollars. As far as the rate, very little amount. Good morning. Lets kick things off with a bit of data for the eurozone, that looks to be stronger than forecast. Market february flash composite pmi came in at 56 versus a reuters pole of 54. 3. This 56 print, that is the highest since april 2011 that follows upbeat data from germany and france this morning. In germany, private sector growth the fastest in three years, and in france, the composite pmi at the highest level since 2011. Interestingly enough, also prices rising. That obviously could crimp growth going forward. Now by in large it looks like a h
Operatives and party donors. In and he didnt have the requisite fire himself to take on the partys frontrunner. The democratic establishment already backing Hillary Clinton. She faces a huge test tomorrow when she testifies before the House Select Committee on benghazi. We will have a preview of her likely testimony. We take it up with Benghazi Committee member congressman mike pompeo and also to my congressman paul ryan making what many consider outrageous and even offensive demands if he is to run for speaker. Ryan saying he wants broad support across the republican conference. He wants house rules changed so members can fire him and he wants to be able to spend time with his family. And he would not travel as much a Speaker Boehner or previous speakers for that matter. His demands raise lots of questions in part because ryan sounds much more him. As ben who wasnt wellliked by the rankandfile or the service. We will take it all up with caucus member congressman Nick Mulvaney and what
Funding. Mr. Kaplan, very quickly if you can add to that. My simple answer is that partnership, Publicprivate Partnership has been very successful and, therefore, in my mind we should invest in debt and make it better as opposed to cutting it back. Thank you so much. Thank you to all of you, and thank you to the chairman. I went over my time, so thank you for allowing me to do so. The chair thanks the gentleman appeared that concludes our first round of question. We will go to one followup per site. And dr. Burgess, wel we will bn with five minutes of followup. Dr. Holtzeakin, i want to follow up on the stuff we were talking about earlier in that first round. It appears in washington today there is a crisis in common. The president has sold the Affordable Care act on just a raft of false premises. You can keep your plan. False. You can keep your doctor. Faults. These are broken promises and these in fact are the opportunity cost that americans are paying for the Affordable Care act. Th