Cutting back production of the 737 max. Could announce a decision as soon as today. The board began a regularlyscheduled meeting yesterday that is set to continue today just last week the head of the faa told us right here on squawk box that the 737 max wouldnt be cleared to fly before the end of the year u. S. Regulars then warned boeing that it had been setting Unrealistic Expectations for the jet to return to service further Production Cuts would inflate boeings costs and take a toll on Financial Results as fixed expenses would be split among fewer planes the ability to effectively amoretize all of those costs and would also be a real pushback on the company and on the companys ceo. To me, if there really is a production halt, then theres going to be a succession story that i think we havent had yet. The Ripple Effects of what that means not only for boeing but all their suppliers along the way. Thats a much the reason you halt it, i mean, youre just blowing money if you keep making
That here in europe people want to live here they want to search here and they want to create their future here. We need. A future ready infrastructure with common standards colluding to give it networks and secure clouds for the current and future generations. The rule material for digitalisation is data. Every click that we make here in europe we feed algorithms. Yet many of them transatlantic rhythms. That then influence our behavior. Thats not a good state of affairs. If you did with the g. D. P. Are we set the framework for the world. We can. Do that now. Exist for Artificial Intelligence too. Because we here in europe. Put people in this center not the market and money but people. What were not talking about here is store to the flow of data you know what a stake here is that we should be setting the rules how to really deal responsibly with data for us as europeans protection of the Digital Identity has to be a top priority its important to us. But at the same time we want innov
That have portfolio will be renamed commissioner for Innovation Research culture education and you. Think. People care about fairness and equality in every sense of the word this is why i chose nicholas schmidt. To be in charge of implementing our european pillar of social rights and fighting poverty from childhood on words he will put forward a framework to ensure that every workin our union has a fair minimum wage thank you. And had i not. Will be the champion we need to break through the glass ceilings those Barriers Holding people back because of who they are what they believe and who they love these various have to disappear period thank. People care about their rights values and freedoms the rule of law is our foundation can never be compromised we must ensure that it is respected and up held everywhere with every country treated equally we must focus on dialogue and prevention but never hesitate to take all necessary measures we need experience and and gauge moment and vera util
You may have heard about by now. Under armour was accounting for problems. It says it is cooperating with the sec and doj. Tryker down 4. 2 acquisition, and it further consolidates medical device maker markets. Guy 403 is where we are on the stoxx 600. It has been an incredibly hard journey to get to this level. Stoxx 600 up over 1 today. Is ok. At least it is kind of on the average, confirming the move to the upside. The euro trading 1. 1148. Christine lagardes speak for the first time tonight as president of the ecb. Looking forward to hearing how many times she uses the word fiscal. South africa was not downgraded by moodys on friday. A negative watch, but it does bring that just a little bit closer. The market, a relief rally in the ram. Was me thinking it was because of the rugby guy. Just kidding. China signaled progress. Earlier, wilbur ross spoke exclusively to bloomberg about the prospects of that socalled phase one trade deal. Shape,ink we are in good we are making good progr
Asia a new benchmark lending rate, 4. 25 down from 4. 31 that help stocks early in trading and the hang seng and shanghai gave up those gains. Hang seng down by a quarter of a percentage point stocks in japan were higher. The nikkei closed up by just over half a percent. In europe with the early trading taking place youre going to see that at least the three major averages are in the green right now. Germany just barely. Its just above the flat line but the cac is up by a quarter of a percent stocks are weaker in italy and spain and then if you check out the treasury yields here in the United States, this again is what the market has been watching so closely. Those yields lower today the ten year note sitting just below 1. 6 the two year at 1. 518 and the 30 year bond is above 2 but just barely 2. 04 . Home depot reporting 317 a share. Thats above 308 thats what the consensus is however the revenue indicated 30. 984 and its at 30. 8. So the stock is indicated at this point down a littl