European equities are trading 30 minutes into the session. Stocks are falling in europe, the biggest threeday drop since november 4. Donald trumps firing of the acting attorney general adding about uncertainty decisions in the new administration. Thats the biggest drop since november 2. And currencies are rising against the dollar. Look at the greek 10 year yield still no agreement between the latest bailout review itseen greece and creditors. Lots of Corporate News to tell you about shell accelerating its drive to shed assets, agreeing to sell its fields in the north sea and thailand. The disposals include the sale of half the companies north sea assets for about 3. 8 ilion dollars. 3. 8 billion. Bgts filing up after the 54 billion takeover. A swedish fashion retailer, h m, providing relief for the european clothing industry, reporting profits that topped estimates and setting a new annual growth target after missing estimates of five of the previous six quarters. Seasonable weather p
Behind Hillary Clinton holding a fundraiser. Josh lipton is in loews all to. Reporter tim cook is hosting this fundraiser on his own accord. Cook will be joined by lisa jackson, she, of course, is apples vp of environment policy and social initiatives. For these two executives its really a way to passaic sure they have a friend in the white house if Hillary Clinton does win in november. If they can host a fundraiser that is a great way to ingrtiate themselves with a future party leader and to ensure if they have concerns legislative or other policy concerns in washington, that those concerns will get a fair hearing. So really this is all about access. About ensuring cordial relations so that they are in a position to call in this chit should the need arise. Reporter cook by helping to raise money for clinton is backing silicone valleys preferred candidate here, the Tech Industry has donated 3. 3 million to clinton through june, according to crowd pack. Trump has received just 117,000.
Announcer republican senators susan colin of maine called on senator majority leader mitch judiciaryand the chair or to allow the nomination to move forward. She is one of a handful of republican senators who agreed to meet the nominee. Heres what she had to say after meeting with judge garland. Senator sen. Collins i just concluded a more than onehourlong meeting with judge garland. Meeting thatellent allowed us to explore many of the issues i would raise with any nominee to the Supreme Court as well as some of the criticisms that have been levied against him. Me moreing left convinced they and ever that the process should proceed. Step, in my view, should be public hearings but for the Judiciary Committee so that the issues that we explored and my office can be publicly aired and so that senators can have a better opportunity to flash out to all of the issues we discussed. I would be glad to take any questions. It is my understanding that senator grassley has agreed to meet with judg
Like you are falling behind, you can call us at 202 7488002. You can also find us on social media. Facebook and twitter. It has been over eight years since the start of the Great Recession. Manyways the economy people feel the recovery has yet to reach them. Here could be one reason why. Look at this data. It shows the share of adults living in middleincome households is falling. Households fell into the middle income category. Since then that number has dropped to just a few percent in 2015. Thats a number of households living in middle income brackets. How does the Research Center actually defined middle income and upper income . You are considered upper income by the pew Research Center if you make at least 72,500 targets 72,521 as a Single Person hoousehold. That number does increase as the number of people in the household increases. A family of five needs to earn 162,001 at 61 in order to be upper income. Middle income, the minimum about to read is 54,000. Interesting and pretty
Rousseffs removal is not priced into the markets. He says the real is his favorite currency. We are less than half an hour away from the market open in europe. London is closed today. However, what weve seen overnight is this move in japan, but that is not being reflected in europe this morning. Looks like a positive open. Japan was reacting to what happened friday when u. S. Markets got crushed. Now we are starting to see a fresh start. , if you want to play along at home on your bloomberg, that tells you what is happening. Lets talk about some of the other assets that are on the move as well. The data out of china, reasonably positive, but dollaryen front and center. The nikkei down 3. 1 . Crude is softer as well. Aussie dollar, watch for that one. It is a reflection on what is happening in china, and we have a Rate Decision tomorrow. That is what Juliette Saly knows about. Juliette thanks, guys. Halliburton and baker hughes have called off their 28 billion merger. The proposed union