As a significant as it was during katrina . Holy cross, it came and went. Here it stayed and stayed for weeks and weeks. Was this middleclass . High net worth. You can see theres a little mentioning even in a house leak that, actually a house like that was 250,000 which is a lot, and you know, considering. These nights maybe these newer ones and closer to the lake, the more expensive. But yeah, these are 350, 400,000 houses. And some of you know, the two story ones, the pool. Not like a neighborhood no this neighborhood is very challenged because again, severely, severely damaged, however, they have a very strong neighborhood association, and they have done a lot. Weve been working with them. Weve been working with them quite a bit. And south lake view, in fact, is a Historic District that is coming back. Lakeview will be back. It is going to take a while because of the amount of damage. But most of the people over here, they had insurance, they have more means. And this land always go
Good morning. This morning consider the no, maam nomination of shanahan. We thank you for your willingness to serve our nation at an important time. We welcome your family and flends. This is our fredition. It is important they ree information of so in order the dper i to exercise responsibilities. Will you ensure your staff complies with deadlines established for questions for the records and haegs. I will. Will where you vid if respopts to amg thank tex pent me yes. Do you agree to pro vietd documents including electronic form of kplun case in a timely manner when requested or to consult with a committee for any good faith, delay or di nile . Yes. Have you assumed any duties or taken any a that would appear to presume the kout out ops outcome . No. I will submit my Opening Statement for the record. I with see how upset other member of the committee are missing that. Maybe with a little luck senator reed will do the same. Its yourly kick, that i would ask them to submit the state. Sin
The flat line. Dow futures up by 9 points s p futures down by 1 point. Nasdaq up by 5 1 2 nasdaq up for two out of the last three sessions as Technology Stocks continue to defy odds. Oil prices dragging things down yesterday. You can see in asia, the nikkei down slightly. Hang seng was weaker shanghai was down by a third of a percent. In europe, in the early trading, already seeing some modest declines the cac is the biggest decliner, its down by a half percentage point. The ftse off by 0. 4 crowd oil prices sitting at a tenmonth low. 42. 80. Still below 43. The big stories were watching today anything that happens at uber is big. Its another departure it took a day, but its front page on all the papers today about travis so late it missed the papers. Even now, if youre interested, some guy named bill gurley, who you may or may not know, a venture canpitalist at benchmark who was behind the push to get ckalanick out, now e stepped down from his role at company. Gurley served as a board
Hello and welcome to Business Live. Chinese president xijinping is in russia for talks with his counterpart Vladimir Putin today. Trade is set to be top of the agenda ahead of the 620 meeting of Global Leaders later this month. The visit will be xis sixth tour to russia since taking office in 2012. And their meetings seem to be bearing fruit according to china, trade between the two increased by over 26 in the first four months of the year, reaching nearly 25 billion. Cooperation is increasing too. Russia will be a key component of chinas belt and Road Initiative an ambitious multi trillion Dollar Project that will link europe and asia via the historic silk road. As part of the project and as a symbol of this close relationship beijing has even agreed to help finance a High Speed Rail Link within russia itself Linking Moscow to the city of kazan. Joining me now is dr yujie, head of china foresight, at lse ideas. Thank you for coming in to doctor us. Thank you for coming in to doctor us
Good morning. Were going to use this morning to consider the nomination of Patrick Shanahan to be deputy defen defense secretary of the United States. We thank you for your willingness to serve our nation at an important time. We welcome your family and friends. As is our tradition, we invite you to introduce them at the beginning of your testimony. Its important that this committee and other appropriate committees of the congress be able to receive testimony, briefings, and other communications of information. So it is a standard for this committee they ask certain questions in order to exercise the legislative and oversight responsibilities. I have. Will you ensure that your staff complies with deadlines established for requested communications including questions for the record and hearings . I will. Will you cooperate in providing witnesses in briefers in response so congressional request . I will. Will those witnesses be protected from reprisals for their testimony or briefing . Y