If its covid19 vaccine is effective. Jim, i know that citi news popped for you. Yeah, i candidly mike and donna are friends of mine and friends of my executive producer so i have to reveal that because i say its not about friends its about money this is jarring for those of us older than mike who is 60 but he did work there for 38 years, not retiring until february, but how great. When i spoke to him this morning, how great, jane fraser coming in. The Glass Ceiling in banking maybe a is finally cracking and its a great legacy for mike a period where net income increased from 7. 5 billion to 19. 4 billion, tangible common equity 12. 0 to 12. 5 and returned 80 in capital during mikes reign all those numbers havent necessarily led to great performance a of the stock but they are great numbers mike is a much loved figure as is donna, his wife and i regard them as a team and i know he wants to do many, many things in life and this is a soul searching time, he appointed jane last year, he ma
Can see that speeds are down to 7 and 14 miles per hour. Thumbs up though because everybody has been moved out of the way. As we bring in a live look, you can see the backup there. Metering lights came on earlier than usual, 5 23 this morning. So it will be a while before you can getting across the bridge. Developing news in berkeley and emeryville, roads are still closed this morning because of several major water main breaks. Possible overpleasure ri pleasid 11 lines to break. And some streets are still closed because of damage that makes them unsafe. There are crews working over nit overnight. And happening today, a Court Hearing that could lead to uber and lyft shutting down in california. A bay area judge says the San Francisco based companies have to consider their drivers fulltime employees. And both companies are fighting backing. Lauren martinez is live for us at uber headquarters. Reporter uber and lyft are appealing judges order. But if that appeal fails, ubers ceo says they
Everything else not having the best of days pete, i come to you first. You get the first crack at this. The bar was high and they got over it. They did. Youre obviously talking about apple. And amazon and facebook that was high for the whole entire group, pete theres no doubt about it facebook being probably one of the ones watched most closely, i think. When it comes down to apple, the reason that stands out is they had a record q3. You look across every part of their business model, their eco system and it phenomenal the growth is there. The double digit growth is there. I think the big surprise coming in iphone because people were looking at a number far less. The real key is service, not only the growth but look at that revenue. Add that with wearables and you get almost to 20 billion youre getting the other side of the equation and far better margins. Thats why i think apple still has plenty of room to the upper side because they have room in the wearables, the services. The servi
Is a second percentile move going back to 73. Look, if youre a stock guy, youre thrilled because we are so tired of hearing on a Constant Currency basis. This time it could be very big earnings for a lot of Companies Overseas and Procter Gamble and really, really well in this environment. J j does really well the gold run is a combination of Central Banks printing money and also a pest misimistic view on is going to happen with covid we try ceos who are very excited about their vaccine the more people say this is going to end and at the same time we have a huge spring board because of all the money being printed. Things will be good. David, ive never seen a moment where you have a coiled spring if good news happens, but if you dont get a vaccine, just get ready for another one of these things in a couple months. Well, i mean, were looking right now at the board there were showing moderna and the progress, jim, that they have made towards a vaccine the news this morning, of course, is t
Even more retaliation. Weve got the latest. Markets this morning pointing to rally at start of trading upbeat news on Moderna Vaccine. Dow industrials up 556 points and nasdaq up 97 and the s p up 42. New covid warning, though, for expected mothers as baby contracts the baby in the womb. Everything you need to know coming up. Big win for apple this morning, European Union court ruled in favor of the Technology Giant over multibillion dollar antitrust tax bill. The stock is up on the news, up 1 and a quarter percent. Goldman sachs among big banks reporting today along with dow component and United Health, mornings with maria is live right now. Maria and european markets like the Investor Sentiment of vaccine trials and london better consumer data. The cac quarante in paris up 63 and dax index up 122. In asia overnight, mix story, take a look, asian indices finishing like this overnight with shanghai composite down, japan was up one and two third and the others fractionally moving. Some